Economy

Sino-American interdependence has been a force for geopolitical stability

IN THE 1990s America and Europe had a trade dispute over bananas. No one worried that tanks might soon roll

Abraaj, a private-equity firm, files for provisional liquidation

UNTIL recently the Abraaj Group, a private-equity firm based in Dubai, was riding high. It was one of just a

France and Germany finally have a common position on euro-zone reform

THE president of the European Commission, Jean-Claude Juncker, likes to compare the euro zone to a house in need of

Why countries like Argentina and Turkey fret about exchange rates

IMAGINE if Milton Friedman had been put in charge of a central bank, only to lose his job for expanding

A full-blown trade war between America and China looks likely

IT IS becoming increasingly likely that the phoney trade war between America and China will develop into the real thing.

China considers its response to Donald Trump’s proposed tariffs

FOR now, at least, when speaking of the trade dispute with America, China’s government is taking a more-in-sorrow-than-in-anger tone. That

As China mulls its response to Donald Trump’s tariffs, cool heads are prevailing, for now

FOR now, at least, when speaking of the trade dispute with America, China’s government is taking a more-in-sorrow-than-in-anger tone. That

The U.S. Economy May Be Booming, But Americans Aren’t Saving

Despite recent job gains, rising wages and falling unemployment, almost a quarter of Americans said they still have no emergency

Reserve Bank of India to hike again by year-end with August still in play: Reuters poll

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this

China’s tighter regulation of shadow banks begins to bite

THE teller at ICBC, China’s (and the world’s) biggest bank, ushers a new, well-heeled customer into a private room. It