Showing 1 - 10 of 89
Thailand wants faster inflation
News, Daniel Moss, Published on 06/06/2024
» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.
Why the US can't win trade war with China
Oped, Published on 22/05/2024
» Allegations about China's manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L Yellen reportedly argued that "when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question", adding that it was the same story a decade ago.
Global freight to 'lift fuel prices'
News, Published on 02/04/2024
» Global trade flows, which showed signs of acceleration at the start of 2024, indicate a recovery from the late 2022 slump in major industrial economies, likely boosting demand for transport fuels such as diesel.
It'll take more than patriotism to save the ringgit
News, Daniel Moss, Published on 28/03/2024
» Malaysia wants to be great again, at least in foreign exchange. The nation's currency recently approached a level seen as near-catastrophic during the Asian financial crisis of the late 1990s. Authorities insist the ringgit is way too cheap and blame forces outside the country, chiefly high interest rates in the US. The remedies are modest, compared with the shock therapy meted out a couple of decades ago.
A new policy agenda for Asia
Oped, Published on 01/02/2024
» The global economic landscape is changing fast. Scarring from the Covid-19 pandemic has weakened potential growth, making slower income gains the new normal for many countries.
China, India: 2 faces of liquidity
News, Andy Mukherjee, Published on 31/01/2024
» Lenders in the world's two most populous nations are having very different problems with monetary and fiscal taps. In China, creditors are drowning in cheap central bank cash, but loan demand is muted. In India, banks are in the middle of their fastest expansion in a decade, but they're parched for liquidity.
Global rate-cut debate unfolding
News, Daniel Moss, Published on 19/01/2024
» From villains to heroes. If there's one theme that has dominated markets in the opening days of the year, it's been breathless speculation about which central bank will cut interest rates first and by how much: It's no longer if but when. There's little doubt that borrowing costs will be lower in many key economies well before the end of 2024. Even the notoriously hawkish Bundesbank is on board.
Don't rely on last year's trends for global economy
Oped, Published on 16/01/2024
» Behavioural economists have popularised the term "recency bias" to describe our tendency to be disproportionately influenced by the latest events compared to earlier ones. Could this cognitive phenomenon explain why numerous analysts have a rather optimistic tilt for the world economy in 2024? Or are there really positive trends counterbalancing the obvious and mounting challenges to global growth?
HK has a new breed of stressed money seekers
News, Shuli Ren, Published on 05/01/2024
» Just when people started to give up on Hong Kong's relevance as a financial hub, a new breed of money seekers is coming to town.
Should fiscal policy resemble private budgets?
News, Koichi Hamada, Published on 06/11/2023
» Every few months this year, the US government appears on the verge of shutting down. It happened in May, when congressional Republicans initially refused to raise the debt ceiling, and in September, when Congress managed to avert a last-minute shutdown by passing a stopgap bill to keep the federal government open until Nov 17.