Markets

In the vitriolic debate over the UK's membership of the EU, Turkey's potential membership became one of the talking points.  Prime Minister Cameron, who has advocated Turkey's eventual membership, is likely correct in his assessment that this that if it...

The UK's referendum is underway.  The capital markets are continuing the move that began last week with the murder of UK MP Cox.  The tragedy seemed to mark a shift in investor sentiment.  Sterling bottomed on June 17 just ahead...

British voters head to the polls this week to decide whether to “remain” in the European Union or “leave” it. The most recent surveys suggest the outcome is too close to call, with those favoring an exit holding a slight lead and...

In economic terms, the federal system was created with the intention of maximising economies of scale, while still providing public services to cater to people’s divergent preferences. However, there is more to federalism than just the economics. In political terms,...

Religious identity and gender relations are integral to women’s experiences of citizenship in Indonesia. While around 88 percent of Indonesia’s population is Muslim, it is emphatically not an Islamic state, in which state law and Islamic law are coterminous. So...

It is not just that the polls indicate that the outcome of the UK referendum is too close to call, but the mere fact that the referendum is being held in the first place is significant.  It was not Labour,...

The UK’s EU referendum is too tight to call, which will virtually ensure protracted economic uncertainty, market volatility and political risk. The worst has already happened. The UK’s EU referendum is too tight to call, which will virtually ensure protracted...

To the Philippines’ president-elect Rodrigo Duterte, the world is black and white, with hardly any shades of grey in between. His view informs his policy approach. His law and order platform, for example, promised change in a country riddled with...

Despite historical misadventures with socialism and recent positive experiences with liberalisation, India continues to regularly fight the market. The most recent example is the Delhi government’s move to ban Uber’s surge pricing, a regulation that can only result in a...

The betting and events markets have shifted more decisively than the polls in favor of the UK to remain in the EU.  Sterling extended its rally from $1.4010 last Thursday to nearly $1.4785 today, as the market participants adjust positions. ...

On 10 July, Japan will hold its upper house elections with half of its seats to be contested. This will be the first time that 18 and 19 year-old citizens will be able to cast a vote in a national...

The export-oriented unit (EOU) scheme was launched in India in 1980 to boost exports and increase production. Under the scheme, Indian companies that produce goods solely for export can register as ‘export-oriented units’. In doing so, these producers become exempt...

Recently in London, where I was analyzing the Eurozone and UK economies, I also had the opportunity to conduct a fairly holistic analysis of China’s real economy and existing imbalances in its financial sector. Recently in London, where I was...

Since the murder of UK MP Cox last week, the mood in the markets shifted.  Today is the continuation what was seen in the last two sessions last week.  The difference is that participants seem more confident, as the polls...

Campaigners for both the UK leaving and remaining in the EU have made claims regarding how a Brexit will affect the country’s finances. Campaigners for both the UK leaving and remaining in the EU have made claims regarding how a...