The South China Morning Post recently published an analysis of the 210,000 licensed drivers of Hong Kong’s iconic taxi fleet. Those Toyota Crown sedans are a venerable design,
The prospect of leaving the European Union has forced Britain’s financial community to make expensive preparations for life outside of the trading bloc. Whatever happens on March 29
The Congressional Budget Office recently released its revised Budget and Economic Outlook. Its economists estimate that, on present policy, annual deficits of a trillion dollars — between 4
President Donald Trump promised to hit 3 percent growth in 2017 — and the economy just barely made it, according to figures released last week. To keep it
When moments of political drama capture the national attention, one at least expects some clarity to result. Alas, that would be setting the bar too high for today’s
Thailand’s booming property market is at risk of cooling this year as rampant construction threatens an oversupply of apartments amid increasing global economic headwinds. The country has
If Venezuelan President Nicolas Maduro’s regime falls, Vladimir Putin will have to write off yet another costly geopolitical bet. Just don’t expect Moscow to stop taking such gambles
With Congress refusing to provide USD5.7 billion for his wall on the Mexican border, President Trump has said he may fund it with money diverted from the Defense
For all the recent transatlantic debate about creating a joint European army, Germany has little interest in setting up any kind of supranational force under the EU’s command.
Political revolts around the world have targeted what are widely seen as corrupt and unaccountable political and business elites — elites that pursue their own interests globally at the expense of
Wouldn’t it be wonderful, with the wealth of information available on the internet today, to go back to the nice village feel of the web’s earliest days, when it
Money manager Steve Eisman famously predicted the 2007-2008 blowup of the mortgage debt bubble, one of the few to believe that such a “black swan” event was possible. A
November is here, and in most U.S. states that means the start of open enrollment, the sign-up period for obtaining insurance via the U.S. Affordable Care Act’s exchanges.
Investors are throwing billions of dollars at connected cars. The technological advances that enable vehicles to be linked into wireless networks promise greater efficiency and, in theory, safety.
President Donald Trump’s decision to cut the number of refugees admitted to the U.S. hardly comes as a surprise. Even by this administration’s standards, however, the policy
As 2017 draws to a close, the least surprising thing on Wall Street is seeing strategists forecast that next year will look more or less like this year. I
When it comes to identifying the causes of the two major economic problems currently facing the developed world - rising inequality and a slowdown in economic growth - sex is
Deciding where to conduct a banking transaction is no different from selecting a boarding school for an unruly child. Singapore has long been seen as a solid choice. It didn’t
CEOs and bankers had been preparing to push the button on deals and fundraisings after Britain voted to remain in the European Union. Those hopes have been dashed overnight. The referendum is
In the past year, a huge amount of money has been flowing out of China. In the past, when this happened, it was because the Chinese central bank was buying
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