Finance
Back to homepageRate Holds Dominate as Major Central Banks Navigate a Fragile Global Economy
Monetary policymakers from the world’s largest economies are opting to play a cautious hand. This week, the US Federal Reserve, Bank of Japan (BoJ), Bank of England (BoE), People’s Bank of China (PBoC), and Sweden’s Riksbank all announced they would
Read MoreWelcome to the Correction: Wall Street Teeters Amid Trade Tensions
The S&P 500 officially entered correction territory this week, sliding over 10 percent from its most recent peak. As of yesterday, the index dropped a further 1.4 percent—its steepest single-day decline since President Donald Trump first took office. Meanwhile, the
Read MoreBlackRock Gains Strategic Foothold at the Panama Canal
In a sweeping infrastructure play, global asset manager BlackRock has spearheaded a consortium acquiring two pivotal ports — Balboa on the Pacific side and Cristóbal on the Atlantic side — straddling the Panama Canal. The US$23 billion deal is one
Read MoreBuffett’s Annual Letter 2024: Berkshire Hathaway’s Record Cash Pile, Japan Bets, and Tax Message
Warren Buffett’s latest annual letter to Berkshire Hathaway shareholders confirms that the Omaha-based conglomerate is sitting on a record-breaking USD 321.4 billion in cash and Treasury bills. Some investors might be unsettled by this growing war chest, but Buffett’s reassurance
Read MoreNissan’s Decline: A Story of Missed Opportunities and Mounting Challenges
Once a titan of the automotive industry, Nissan now grapples with a series of setbacks threatening its long-term viability. From falling sales and a damaged brand image to an outdated product lineup and tensions within the Renault-Nissan-Mitsubishi Alliance, the road
Read MoreGlobal Banks’ Retreat from China: What Went Wrong?
Not so long ago, China was hailed as the next big frontier for Wall Street. The nation’s financial markets, once considered relatively untapped, were said to be worth a staggering US$67 trillion, drawing interest from global banks eager to capture
Read MoreThe Economics of Valentine’s
As consumer spending and seasonal sentiment increasingly drive market dynamics, Valentine’s Day continues to be a crucial date for retailers worldwide. This article examines global spending trends, online vs. high-street shopping behaviors, and places a particular spotlight on the pivotal
Read MoreNew Wealth Wave: How the Rich Are Getting Richer — and Younger
The number of ultra-wealthy individuals is increasing, and their average age is dropping. Why, and how? From the heads of established firms to enterprising “cryptobros” making their presence felt, income levels are rising like a king tide. There’s a shift
Read MoreWall Street Checkmate: The Intriguing Story of Chess Expertise and Business
High-level finance is a combat zone, and every choice can make or break a career. Move carefully… Can the strategies learned on the chessboard provide an advantage in the boardroom? This question motivated a Wall Street hedge fund to seek
Read MoreSecondaries Soar: Private Equity’s Secondary Market
A once-niche market is booming, thanks to shifting needs, greater liquidity demands, and a growing appetite for investments. The private equity secondary market, once a tiny segment of the investment world, is experiencing a tremendous spike in activity. It allows
Read More