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News, William Pesek, Published on 17/08/2015
» Among the clearest casualties of China's devaluation is the Bank of Japan. The chances were never high that governor Haruhiko Kuroda was going to be able to unwind his institution's aggressive monetary experiment anytime soon. But the odds are now lower than even sceptics would have previously believed.
News, William Pesek, Published on 13/08/2015
» China's surprise devaluation is sure to stir up fear and loathing among the world's economic populists. (Keep your eyes on Donald Trump's Twitter account.) But the move deserves praise, not condemnation. It might even prove a boon for world growth.
News, William Pesek, Published on 12/08/2015
» Malaysia's ongoing currency crash has many causes: a worsening global outlook, plunging commodity prices and, of course, the political scandal enveloping Prime Minister Najib Razak. But the real culprit is the year 1997.