What the US election could mean for deficits, debt and the yield curve
Fiscal sustainability is being questioned This year’s election is set against a backdrop where the government is borrowing the equivalent…
‘Garbage time’: China’s slump spins out new meme of economic despair
China’s sputtering economy has prompted a dire, new shorthand online for pessimism about the prospects for any turnaround for jobs,…
China likely to maintain lending rates even as economy slows
China is expected to leave benchmark lending rates unchanged on Monday, while more market participants project further monetary easing to…
European boards have too little skin in the game
No self-respecting board would pay a company’s CEO entirely in cash. Yet for directors themselves, at least in Europe, it’s…
Asian foreign reserves decline in 2024 first half
Asia’s foreign reserves have dropped this year as central banks have intervened to support their currencies, with Japan, Indonesia and…
Big central banks are starting to cut rates, slowly
The move to ease monetary policy among major central banks is proving much slower than the race to jack up…
First to hike, last to cut? BoE caution cossets pound
First to hike, first to hit its inflation target – and the last to cut? It may be unwise to…
Americans’ travel bug is too much of a good thing
Throw a stone in Manhattan and chances are it will hit a New Yorker preparing for a European vacation. More…
US banks see high deposit costs, investment banking boost
U.S. lenders’ second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to…
US banks see high deposit costs, investment banking boost
U.S. lenders’ second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to…