Apr 4th 2025 | Hong Kong NEVER INTERRUPT your enemy when he is making a mistake. That sounds like Sun Tzu, a renowned Chinese strategist, but the adage, attributable to Napoleon Bonaparte, originated ...
A few months ago everyone on Wall Street was discussing the “Trump trade”. The consensus was that Donald Trump’s presidency would boost the outperformance of American stocks, raise Treasury yields and...
Javier Milei can barely contain his excitement. Since December, when the IMF’s last agreement with Argentina ran out, the country’s president has sought a fresh bail-out. Indeed, his efforts include a...
The metal has been used since ancient times. From the Bronze Age until the 18th century, when it was supplanted by porcelain, tin was the main ingredient in alloys used for kitchenware. Yet it is also...
It is Malawi’s rainy season and smartly dressed worshippers are spilling out from church. Couples, arm-in-arm, dodge potholes as they progress down the street. The migration moves past clothes shops a...
Apr 3rd 2025 | Hong Kong and New York On a grey afternoon outside the White House, President Donald Trump promised that his tariff plan would “Make America Wealthy Again”. The world’s financial market...
AMERICAN STOCKS suffered along with the country’s trading partners on April 3rd, as both took a hammering from President Donald Trump. The announcement a day earlier of near-universal tariffs, and par...
The condemnation was quick to arrive. “There seems to be no order in the disorder. No clear path through the complexity and chaos that is being created,” said Ursula von der Leyen, president of the Eu...
Apr 2nd 2025 Apollo has borrowed over $15bn from the Federal Home Loan Bank (FHLB) of Des Moines, one of 11 privately owned but government-sponsored banks. On March 25th the private-markets giant made...
Small, everyday purchases like a meal from DoorDash are now able to be financed through eat now, pay later options — a practice that some experts deem "predatory.""You've got to have enough sense to n...
Apr 3rd 2025 | WASHINGTON, DC Few expected him to go quite so far. In a stunning shift in American economic strategy, Donald Trump has yanked up tariffs across the board. On April 2nd, speaking from t...
