In less than a month, two unusual things happened at the People’s Bank of China. First, it no longer required banks to set aside cash if clients wanted to short the yuan. This makes
As U.S. Election Day nears, the possibility of a disputed presidential election is worrying a lot of people. You’ve heard the scenarios: An embittered Donald Trump loses but refuses to
It’s tempting to imagine that the U.S. is finally catching up with Europe when it comes to skepticism — and regulation — of Big Tech. The reality is different. While the Department of
In the world of investing, self-storage properties are about as bland as it gets. Then again, U.S. consumers are going to need a place to store the mountains of stuff
Forget dinner and a movie. As cinemas remain desolate, cooler weather puts an end to the enjoyment of safe outdoor dining and Covid-19 roars back across the world, takeout and Netflix sound
Anti-government marchers have been gathering across Thailand in defiance of a state of emergency, and their list of demands now stretches to include reining in the powerful monarchy. Prime Minister Prayuth Chan-Ocha has indicated he wants to talk. He could do with
The global economic ascent has begun. From encouraging data in Singapore to less-dire global forecasts and earnings from banking behemoths, the corner appears to have been turned on a disastrous period
Vladimir Putin has long sought to portray himself as strong statesman and guarantor of stability, at home and abroad. Now the Russian president is grappling with successive crises among his
Economies plotting their exit from the pandemic have a tough needle to thread: determining when to pivot from pumping out emergency aid to focusing on the costs. South Korea and
Now that President Donald Trump has tested positive for Covid-19, the Department of Justice is almost certainly focusing on the 25th Amendment, which provides for the transfer of presidential authority
Corporate bean counters must be tempted to slash office space as work-from-home advice resumes where Covid cases are surging. But succumbing will mean consequences for recruitment. It’s easy to forget that offices
In March 2015, as nuclear negotiations between Iran and the world powers entered the home stretch, 47 Republican senators wrote an open letter to Supreme Leader Ali Khamenei, warning that a
Having failed to complete a huge wall along the U.S. southern border, President Donald Trump’s administration now seems desperate to build one in cyberspace for similar spurious reasons. Whereas the bogeyman
There have been enough leaks over the past few days to get a sense of what the TikTok-Oracle Corp. deal looks like. The details are revelatory, with two aspects in particular worthy
Consumerism is back in fashion in spite of the enduring Covid-19 pandemic. The biggest European clothing retailers Inditex SA and Hennes & Mauritz AB both demonstrated that demand for fast-fashion is stronger than expected
During two decades as Russia’s leader, Vladimir Putin has rarely concealed his contempt for Western-style democracy and the rule of law. The poisoning of Russian political activist Alexei Navalny, amid a widening
Bad algorithms have been causing a lot of trouble lately. One, designed to supplant exam scores, blew the college prospects of untold numbers of students attending International Baccalaureate schools around the world.
Strategists at JPMorgan Chase & Co. wrote this week about the odds narrowing on a Donald Trump win in the U.S. presidential election. His opponent, Joe Biden, is still comfortably
This isn’t the bottom for Chinese banks’ bad loans. Be prepared for more and weaker balance sheets. China’s lenders reported large declines in net profit for the first time in decades Sunday,
Many have lamented the lack of depth in the U.S. stock market, marveling at how a handful of big tech companies have grown to dominate almost a quarter of the
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