Non-Chinese investors are shifting into yuan-denominated government debt at a record rate as they seek a safe haven amid the coronavirus pandemic. The shift bears signs of longer-term recalibration of global finance. When the Financial...
Availing a loan, a decade back meant a couple of trips to the bank or a NBFC and submitting a few documents and probably a long wait before you could know if you were lucky...
Lufthansa boss Carsten Spohr would like to receive state support, but does not want state management. His motivation becomes clearer when one takes a look at France. The EU’s competition watchdog on Monday approved French...
Whoever wins the race to come up with a successful coronavirus vaccine will also win massive profits. But while the industry vows to make a vaccine globally accessible, not all are on board with that...
The dollar is lower across the board as dealers attribute the selling to month-end pressures ahead of the FOMC today and ECB tomorrow and long-holiday weekend for many. Japan’s Golden Week holiday has already begun....
Few countries and few governments are having a good crisis but some seem to be faring better than others as shown in the below figure, with the important caveat that the data is one week...
The coronavirus pandemic has exposed the overreliance of companies and governments on China for just about everything, from cars to medicines. But they will not be packing up and leaving China anytime soon. The COVID-19...
RBI announced a relief package in March 2020, due to ongoing crisis of corona virus. Under the package, it has given an option to choose moratorium for term loans and credit card payments. First of...
Developers have done a lot to ensure that we can use the Internet freely. Now the programmers need our help: If as many users as possible install the app “OONI”, it will come to light...
Seeing the intense socioeconomic skewness in the Gross Enrollment Ratio (GER) in India’s higher education system, the obfuscation between inclusion and excellence has become a very challenging and the mammoth task in this VUCA (Volatility,...
It’s not often that we’re served up a WTF moment like this. Just about a couple of hours ago, I published my article about US crude-oil benchmark grade West Texas Intermediate (WTI) and how the...
With fuel demand depressed by coronavirus and a price war threatening to pump out more oil, the fossil fuel industry’s traditional revenue streams are on even shakier ground. Climate change will make that worse. As...