World's central banks poised to act as global economic warnings flash
Central banks are resuming their first-responder role as the world economy runs into trouble, even as they lack the firepower they once had at their disposal. With Australia cutting interest rates Tuesday for the first time in three years and India likely to follow Thursday, ...
With two tweets, Trump shatters historic calm in global markets
In the end, all it took was two tweets from Donald Trump. After weeks of warnings from many on Wall Street that price swings across global markets were too subdued, the American president's threat to boost tariffs on China sent volatility soaring Monday. The VIX ...
China's investment-driven growth model is fast crumbling and a new one has yet to take hold.
What if the 2008 crisis comes around again?
The obstacles to effective remedies for a major economic crisis would be formidable, but more political than economic.
China must avoid reverting to greater state control in its effort to get its economy back on track.
Developments in the Chinese economy need to be closely watched not just for their stock market repercussions but also for their impact on Japan's growth.
China's plunging stock markets place the credibility and legitimacy of the Communist Party at risk.
GPIF must add stocks to complement 'Abenomics' boost, research head says
The massive Government Pension Investment Fund must be ready to buy more stocks should Prime Minister Shinzo Abe's policies succeed in reviving the economy, according to its head of research. "We may see structural reform and Japan as we know it may change," Tokihiko Shimizu, ...
Sony Corp., which has posted losses in five of the past six years, was rejected in the first reshuffle of Japan's profit-oriented stock index while Panasonic Corp. made the cut. The government-backed JPX-Nikkei Index 400 added 30 other companies, including Mazda Motor Corp., Daiwa Securities ...
Nomura Holdings logs precipitous 69.9% fall in net profit in April-June quarter
Japan's biggest brokerage house, Nomura Holdings Inc., said Tuesday its group net profit in the April to June quarter plunged 69.9 percent from a year earlier to ¥19.86 billion due to decreased commissions. Net revenue declined 14 percent to ¥370.84 billion as commissions fell following ...
