A decade in the making, the RCEP pact takes effect January 1, easing trade among Southeast Asian and Asia-Pacific nations. Economic giants China, Japan and South Korea are set to benefit the most. Trade barriers...
The central bank meeting cycle is over. Most of the important high-frequency data has been released until early January. The US debt ceiling has been lifted, avoiding an improbable default. A year ago, there was a sense...
Researchers have urged EU member countries to invest a lot more in chip design, with a view to becoming less dependent on China. Yet other parts of the value chain require more attention. When German...
The Fed’s hawkish pivot came a few weeks before yesterday’s FOMC meeting, which confirmed more or less what the market had already largely anticipated. Buy the (dollar) on rumors (of tapering and more aggressive stance...
One of the most pressing challenges that lies ahead for countries heading into the post-covid world is the erratic changes in the climate occurring across the globe. The impacts associated with the climate emergency are...
More and more US companies are moving their production and manufacturing facilities back home because of supply snarls and insufficient production capacity abroad. When Johnson & Johnson got rid of him, James Wyner was deeply...
The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterday was a drag on the Asia Pacific equities. It is the first back-to-back loss...
China has long considered imposing a property tax nationwide to control the country’s property bubble and curb excessive housing speculation. The top decision-making body of the National People’s Congress, China’s parliament, on Saturday announced that...
After a couple of sessions of taking on more risk, investors are taking a break today. Equities are mostly lower today after the S&P 500’s six-day advance took it almost to its record high, while the...
Blackouts and power cuts in the world’s second-largest economy have drawn attention to fuel supply problems that could complicate the country’s pandemic recovery. DW unpacks why the lights went out in China. Struggling energy companies...
In assessing the trajectory of Fed policy the market is discounting, we prefer using the Fed funds futures contracts over the Eurodollar futures. The Fed funds settle at the average effective rate, while the Eurodollar...
The People’s Bank of China moved to bar all cryptocurrency transactions Friday. Overseas exchanges providing cryptocurrency services to mainland China will be considered illegal. China’s central bank has made all cryptocurrency transactions illegal in mainland China, the...
