Financial news

Capitalism is having an identity crisis – but it is still the best system

5 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

4 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

4 years by Daniel Williams

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The costs of Russia’s war are about to hit home

Over the past year few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of them. These days it will buy almost 100 (see chart […]

America’s Federal Reserve could soon be flying blind

One of the most anodyne phrases a central banker can utter is that they are “data-dependent”. It is a sophisticated way of saying that they do not know the future, and so […]

Sri Lanka shows how broken debt negotiations have become

For sri lanka’s politicians September 27th was meant to be the light at the end of the tunnel. After more than a year of economic free fall—in which the former president fled […]

Investors’ enthusiasm for Japanese stocks has gone overboard

Foreign visitors have come flooding back to Japan since it reopened to travel in late 2022, making up for three years’ absence during the covid-19 pandemic. The weakness of the yen has […]

Why the state should not promote marriage

Here are some stark facts about family structure and children in America. Whereas the poverty rate among youngsters living with two married parents is 7.5%, among those raised by a single mother […]

Why fear is spreading in financial markets

According to t. s. Eliot, April is the cruellest month. Shareholders would disagree. For them, it is September. The rest of the year stocks tend to rise more often than not. Since […]

Why China may struggle to escape stagnation

On a Typical evening Zhengzhou’s manufacturing district should be teeming with workers heading back to their dormitories. For more than a decade the city of 13m in central China has been home […]

Fintech

Feature Spotlight: SumUp revolutionises merchant payments in the UK with 7AM payouts

SumUp has recently introduced a new feature called 7AM payouts to UK users. | Image credit: SumUp London-based SumUp, a global fintech platform, announced on Thursday, September 21, that it has introduced […]

How Asia is reinventing its economic model

Seven hundred years ago, maritime trade routes that stretched from the coast of Japan to the Red Sea were peppered with Arab dhows, Chinese junks and Javanese djongs, ferrying ceramics, precious metals […]

Macau offers a new way to get rich

Macau is best known as the casino capital of Asia. But the former Portuguese colony, on China’s south coast, is hoping to gain a reputation for more reputable ways to make money. […]

Thailand court acquits forestry officials charged with murder of Indigenous rights activist – JURIST

Thailand’s Central Criminal Court of Corruption and Misconduct acquitted on Thursday four forestry officials charged with the murder of Indigenous rights activist Pholachi Rakchongcharoen.Thai officials indicted the four forestry officials, including former […]

ECHR hears landmark lawsuit brought by youth climate activists against 33 governments – JURIST

In a nearly five-hour long hearing on Wednesday, the European Court of Human Rights (ECHR) heard a landmark case brought by six youth plaintiffs against 33 European governments to spur stronger climate […]

Government of Nagorno-Karabakh separatist region to disband following Azerbaijan-led blockade – JURIST

Following a months-long blockade that culminated in violent attacks by Azerbaijani forces, the government of the predominantly ethnic Armenian region of Nagorno-Karabakh announced Thursday it would disband, effective immediately.“The Republic of Nagorno-Karabakh […]

North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST