Showing 1 - 5 of 5
How Fed rate hikes will wean Asian economies off China
News, William Pesek, Published on 15/09/2015
» In 2008, Asian economies had good reason to race to decouple from the struggling West. The collapse of Lehman Brothers and subsequent contagion sent export-dependent countries in search of a more reliable customer. Not surprisingly, they latched onto China.
Yuan drop a blow for Abenomics
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.
China's yuan devaluation deserves praise
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.
Malaysia's currency woes finally catch up with it
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.
By some accounts, China is the biggest economic risk
News, William Pesek, Published on 20/07/2015
» The international ratings agency Fitch was downplaying concerns last week that Chinese stocks are a systemic risk to global markets. Many investors, however, are far less sanguine.