As sanctions cut off major Russian banks from much of the West’s payment systems, finding ways to pay for the crude India imports from Russia has become a challenge. India has emerged as a major buyer...
The concept of the “Global South” has been all the rage in recent months, along with that of the “de-Westernization of the world”. Is it the same phenomenon and what realities do these two expressions...
The market sentiment remains fragile. Equities are mostly lower. Japan was a notable exception, and concerns about China’s economy after a sharp decline in imports took mainland and Hong Kong listed companies sharply lower. Europe’s...
Lebanese olive oil has become unaffordable for many in the crisis-ridden country. As inflation bites and the US dollar reigns supreme, poorer people are forced to part with their traditional local diet. Imad Waresbi is...
A combination of a surprisingly strong prices paid component to the US manufacturing PMI, corporate supply, and US debt woes spurred an almost 15 bp spike in the US 10-year yield and 13 bp jump...
At the end of April, India officially became the world’s most populous nation. With a fast-growing economy and a young population, will there be an economic bonus to add to the potent symbolic one? According...
In the process of finalizing the interior décor of our house, my quest led me to “Asian Paints: Har Ghar Kuch Kehta hain” which showcases the houses of celebs. One such celeb’s house that caught...
The Korean tech giant, Samsung owed the slump in profits to weakened demand for memory chips, as the end of lockdown diminished previous demand for new computers and smartphones. South Korean tech giant Samsung has reported its lowest...
Perhaps it was the extent of First Republic Bank’s loss of deposits that were reported with earnings yesterday, but risk appetites dried up today. Asia Pacific equities were trounced outside Japan today. Hong Kong and...
Chile is to cut the working week from 45 to 40 hours — a stark contrast to the 48 hours of toil across the rest of Latin America. From four-day weeks to remote work, DW...
The Fintech industry has come a long way in addressing the credit demand by revolutionizing access to the supply (lenders) side. This has been one of the most critical factors in addressing a part of...
Equities are mostly lower, while bonds have risen. The dollar is trading in narrow ranges and mixed against the G10 currencies and emerging markets. Most Asian bourses were lower. The Nikkei (though not the Topix)...