Markets

Underlying tensions between European countries are gradually emerging as austerity measures imposed by richer economies exacerbate already painful recessions among indebted nations. But while the ECB has managed to stave off an outright economic war between its members for the...

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran's eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and...

What are the odds of the renminbi displacing the dollar, and does China want the yuan to become an international reserve currency? Besides the fact that being a major reserve currency would require the complete liberalisation of the capital account...

Equity markets around the world have begun on to fall once more – after enjoying a brief rally that started in July – as consumers, firms, and investors become more cautious and risk-averse. Given the seriousness of the downside risks...

The re-election of Barack Obama as the President of the United States has been met with mixed reactions among China’s business community. While some welcome the continuity it brings to US-China trade relations, others fear that more bilateral economic disagreements...

François Hollande’s rise to power in France was supposed to herald the re-emergence of Left-wing politics in Europe. But with the French Socialist Party now falling in line with the neoliberal austerity agenda, other ‘Genuine Left’ parties across Europe have...

Asia, as a whole, has witnessed tremendous growth in the past decades and city-states such as Hong Kong and Singapore have since joined the ranks of advanced economies. Asian giants are not only home to the largest number of millionaires...

The Obama Administration has made major shifts towards Asia. During his first term, Obama’s foreign policy understood that the best way to manage a fast-growing China is not to contain it, but to ensure that the United States remains aligned...

  Historically, many of the world’s major financial crises have been, in some way, connected to the cost or supply of oil. Though numerous countries around the world are now attempting to reduce their oil consumption, the end of “cheap...

  The Federal Reserve’s strategy of holding interest rates near zero to spur the economy has had its share of critics – especially since it caused a massive transfer of wealth from savers to spenders, while many middle class pensioners,...

READER SUBMISSION - Natural disasters devastate the lives and livelihoods of millions of people and cause substantial loss to the economy. A proper disaster risk management framework would enable the affected population, especially women, in taking immediate and correct steps...

The world is now in the midst of two financial crises: On the one hand, the sovereign debt crisis has rightfully been hogging the headlines as well the attentions of government policymakers; Yet at the same time, declining access to...

  The world has a lot riding on the upcoming U.S. presidential elections. Overwhelmingly, non-US citizens favour Barack Obama’s re-election over a victory for his challenger, Mitt Romney – and for good reason.     The world has a lot...

American presidential elections have historically been close affairs; with just four presidential candidates in the past have receiving more than 60 percent of votes across the electorate. But while the American electorate may appear to be deeply and persistently divided,...

  Over the last decade, the Australian economy has experienced a boom on the back of the rise of Asia – with Chinese demand for Australian commodities in particular spurring economic growth. Yet, with emerging market growth in Asia having...