Major European fintech firm Qonto has announced its plans to acquire German fintech firm, Penta. When the acquisition is complete, Qonto will be looking to become a major financial provider in Europe. Penta was established in 2017. The firm has...

Two major firms from France and the US have announced their intentions to build a semiconductor factory in Southeast France. This is coming after France-based carmaker Renault announced that its car sales dropped in the first half of the year....

The Australian market closed slightly higher on Thursday, July 21, 2022 after strengthening in its banking stocks while the energy stocks saw a decline. At the close of the trading hours, the S&P/ASX200 surged to 6,794.28, representing a slight increase...

In January, Apple’s market capitalization hit $3 trillion for the first time in the company’s history. However, the performance has been discouraging since the January figures due to a  combination of several factors. The consumer economy has fallen drastically while...

China and the European Union (EU) will be partnering to deal with challenges facing the global economy. The two parties struck the agreement at the EU-China High-Level Economic and Trade Dialogue (HED). Additionally, the HED will look at supply chain...

The coronavirus lockdown in major cities in China has resulted in an economic slump in the country. However, the government is pushing up to emerge stronger from the pandemic as the virus is kept under control. Last month, the Chinese...

Consumer fintech firm Stori has raised $150 million in its Series C funding, taking the company’s valuation to $1.2 billion. This means the fintech firm has become the latest member of Mexico’s unicorn club. Other companies already in the unicorn...

Cathie Wood, whose ARK funds outperformed the markets by a wide margin in 2020, have come under pressure over the last year. While the flagship ARK Innovation ETF has recovered from its 2022 lows, it is still underperforming badly in...

A wave of political activism has animated East Asian politics: Taiwan’s Sunflower Student Movement in 2014, South Korean 2015 street protests against President Park’s new labour law, and protests in Japan in 2015 against Prime Minister Abe’s security bills. Youth...

Italian Prime Minister has set the date for the constitutional referendum as late as practically possibly.  It will be held on December 4.  The issue is the perfect bicameralism that gives as much power to the Senate as the Chamber...

When Lee Hsien Loong collapsed during the National Day Rally speech on 21 August 2016, it shocked not only many Singaporeans, but also leaders from around the world. Although he recovered quickly and was able to finish his speech after...

EM initially benefitted from the FOMC decision, but softened into the weekend.  One culprit was lower oil prices, as reports suggest an output deal is unlikely at the OPEC meeting this week in Algeria.  However, it wasn’t just EM, as...

Japan’s monetary gamble and Abenomics are approaching the end of the road. Neither Brussels nor Washington is immune to the adverse consequences of Tokyo's monetary exhaustion, says Dan Steinbock. Recently, Japan’s second quarter GDP growth was revised up to 0.7...

The dollar-value of all the goods and services the US produces has never been larger.  Two other metrics capture the recovery.  These two Great Graphics come from the Wall Street Journal and draw from Census Bureau figures. The dollar-value of all the goods and services...

As ASEAN meetings in Vientiane concluded in September 2016, an air of anxiety was already beginning to settle over the Southeast Asian nations. Further resistance against China’s maritime assertiveness in the South China Sea is proving increasingly futile. As ASEAN...