Showing 1 - 3 of 3
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
Guarded hopefulness
Asia focus, Published on 16/11/2015
» John Micklethwait is a newspaper man seized by fear and hope for the future of journalism. To be sure, "newspaper man" is a bit of an anachronistic description for the new editor-in-chief at Bloomberg News, where no ink is spilled on paper. Across 325,000 Bloomberg terminals, headlines splash upon screens in seconds, bumping stale events much faster than one wraps fish with yesterday's page one.
Inequality is a choice made by Americans
News, Published on 04/05/2015
» The eruptions in Baltimore have been tied, in complex ways, to frustrations at American inequality, and a new measure of the economic gaps arrived earlier this year: It turns out that the Wall Street bonus pool in 2014 was roughly twice the total annual earnings of all Americans working full time at the federal minimum wage.