Markets

Canada’s new military engagement with Asia represents a shift in its defence policy, after a decade or so of near-absenteeism. But is Canada simply following the whims of American initiatives – the so-called “Pacific Pivot” – or are they serious...

China’s great rebalancing act has begun. But how successful and orderly the rebalancing process will be will depend on how realistic the government are in their growth projections. What is clear is that China can no longer accommodate 7-8 percent...

In U.S. history, difficult times have translated to periods of xenophobia, isolationism and protectionism, from the anti-Chinese legislation in the late 19th and early 20th centuries, to the anti-Japanese sentiments in the late 1980s. Today, America’s lingering economic weakness has...

  While the United States had added more jobs in recent months than economists had been expecting, several studies suggest that the U.S. labour market has lost at least 3 million well-paid “good jobs” forever. The bulk of new jobs...

Weapons are durable products that can outlast even the countries that manufactured them. Weapons also retain their value and are easily converted to cash, which explains why they so readily flow to conflict zones where there is an increased demand...

Several studies suggest that Indonesia is on track to end poverty and attain high-income country status in a decade or so, while others suggest that the economy could grow to be among the world’s top ten largest by 2030 if...

There have been many cases in which foreigners were able, perhaps because they tend to be more objective, to identify risks earlier than locals. Despite the claims of the traditional China bulls, there is a great deal of worry among...

New technologies could transform the pipeline sector as operators are now in a position to make huge improvements to safety, moving from "pigging" to other more reliable methods of spotting leaks. But is it sufficient to make regulators and environmental...

The global financial crisis has brought a huge windfall for organised crime networks. Banks have profited handsomely from terrorists and drug lords, channelling billions of dollars through the U.S. financial system, while the European debt crisis has cemented the grip...

U.S. missions across the Middle East and Africa will remain closed until the end of the week for fear that terrorist cell al Qaeda will launch an attack to mark the end of Ramadan. Calling it one of the most...

Despite widespread investor concern, the Indian rupee, already Asia’s most volatile and worst-performing currency, continues to be weighed down by rising pessimism in Asia’s third largest economy, which is growing at a decade-low rate of 5 percent amid worsening public...

Once the most influential and dynamic bilateral relationship in the global economic sphere, thorny issues of unbalanced trade, cybersecurity and intellectual property rights are now testing the political wisdom and strategic judgment of the two countries’ leaders, threatening to shake...

The statutes of a new development bank proposed by leaders of BRICS could be ready as soon as next year, as leaders of emerging economies plan to create a funding institution that can rival Western institutions such as the World...

  Eager to contain the spike in CO2 emissions, the European Union in 2005 launched an emissions trading scheme which has since been copied by a number of countries, including Australia, South Korea and some Chinese provinces. However, the global...

The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. Most of the discoveries in 2012 were concentrated in East and West Africa,...