FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Covid-19 is going to kill more people in 2021 than it did last year. If you want to see why, look at what’s happening in India. Cases have been surging in the country
The fixed-income landscape is set to be transformed as the European Union revs up to borrow $1 trillion by selling bonds in its own right. While talk of creating a market to
It’s been an awkward time for the head of the Chinese Center for Disease Control and Prevention. Gao Fu was cited over the weekend as telling a health conference that the agency was considering
Some good news for the luxury industry: There’s no sign of all that revenge spending running out of steam. Despite pandemic restrictions still gripping many parts of the world, LVMH Moet Hennessy
The U.S. Food and Drug Administration’s decision to recommend a pause in distribution of the Johnson & Johnson Covid vaccine has been roundly — and rightly — condemned across the political spectrum. It’s clear that
In a region that survives almost exclusively on tourism and the service sector, we should expect that its service standards would be of a so-called “world-class level.” In reality, the attempt
Europe faces a predicament. Even as it struggles to contain the Covid-19 pandemic, it’s setting itself up for another crisis — this one financial. To ensure the viability of the
It’s not surprising that pharmacies are turning out to be fantastic at distributing Covid-19 vaccines. As Alex Tabarrok and I pointed out in February, they are literally everywhere — 86% of the US population lives within
The IMF’s new economic forecast offers encouragement to the world’s rich countries. They’re on track to recover strongly from the pandemic. For many poorer countries, the opposite is true: The end is
The Hong Kong government’s proposal to let directors obscure their identities on the companies register is a retrograde step that will facilitate fraud and corruption. Don’t take a journalist’s word for it.
China’s state planners are notorious as purveyors of billions of yuan of budgetary spending, intimidating industrial policy and soaring technology goals. The Five-Year Plan — Beijing’s periodic, Soviet-style economic blueprint — often sends shivers
People have been predicting the ascent of telemedicine since the 1920s, but even mass broadband use wasn’t enough to make it catch on. Doctors were too worried about losing income, privacy
The Federal Reserve’s rescue of the global financial system one year ago prevented a public health crisis from degenerating into market chaos. When histories of the Covid-19 pandemic are written,
Airline change fees are a pre-pandemic relic and they should stay that way. In 2019, U.S. carriers generated $2.8 billion in revenue from penalizing customers for changing a flight booking, according to the Transportation
China will not stir up trouble, but it is not afraid of trouble either. That was the unequivocal message Beijing conveyed to the world last week. Showing that it refuses to
It has been a year since the pandemic hit India and, for me, the oddest thing is how healthy I’ve been. Like most but not all of the people I
The coronavirus has been rough on museums. An October survey for the American Alliance of Museums found that two-thirds had cut back on public programs, more than half had laid off
In the annals of 21st century capitalism, Covid-19 will go down as a pressure cooker. The pandemic has put enormous strains on livelihoods, individual well-being, healthcare systems, the viability of firms and
Every year, the American Association for University Women marks Equal Pay Day, illustrating how far into the new year women would have to work to make as much as men did the
Once people have been vaccinated against Covid-19, they’re safer to dine out, fly on airplanes, attend concerts and movies, work out at the gym, go to the office, cross borders
It’s not hard to see why Blackstone Group Inc. would see value in the stricken Australian casino operator Crown Resorts Ltd. The private equity firm, which is offering to take over the operator
Among the unsettling revelations about the Jan. 6 attack on the U.S. Capitol is the number of rioters who served in the military. Of the more than 300 people so far charged with
President Joe Biden is showing he understands that Asia matters. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin visited Japan and South Korea this week — their first trips abroad
Investing in China’s $10.7 trillion stock market is a frustrating business. Over the years, the bull phase has been getting shorter and narrower, making buy-and-hold a losing game. From trough to
Thanks to a $1.9 trillion stimulus package and accelerating vaccinations, prospects for a heavily caffeinated U.S. recovery are boosting growth projections around the world. For some important emerging markets, however,
Hong Kong’s children are at the center of the city’s latest ham-handed and inconsistent response to the latest outbreak of the disease. And it’s not a good look for one of the world’s most affluent
Over a year ago, Fang Yafang made a decision to go to Wuhan where the country’s first cluster of COVID-19 cases was reported. The 27-year-old nurse from Xiamen, east China’s
I’ve always felt that Jean-Paul Sartre narrowly missed the target. Hell is not necessarily other people. More precisely, hell is small talk. There: I’ve outed myself again as an introvert and curmudgeon. But
A lot of speculative capital, so-called hot money, has flowed into China lately. Last year, foreigners — lured by Beijing’s successful Covid-19 containment and swift economic recovery — snatched up a record
Chess sets commemorating a recently popular television series are selling for upwards of $99. But “The Queen’s Gambit,” Netflix Inc.’s hit miniseries about a fictional chess prodigy, isn’t the theme. It’s HBO’s
Brent crude is, once again, scraping $70 in the aftermath of a missile attack on critical Saudi Arabian oil facilities. Yet in every other respect, Monday is nothing like the last
As China embarks on a new journey to fully building a modern socialist country, a national blueprint has provided historic opportunities to the Hong Kong Special Administrative Region (HKSAR). China’s clear
When it comes to President Joe Biden’s Iran policy, the safest thing to say is that it’s a work in progress. On the one hand, the Biden administration is trying to
This year marks the 100th anniversary of the founding of the Communist Party of China, the start of the country’s 14th Five-Year Plan (2021-25) and its efforts to realize the
Agriculture has never been a principal focus of efforts to reduce greenhouse gases. But farm emissions — which make up about 10% of the U.S. total — are coming under
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