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World economy

Royalists foil Pita Limjaroenrat. Here’s what happens now

by Walter Watson
Royalists foil Pita Limjaroenrat. Here’s what happens now

Thailand’s Pita Limjaroenrat may get another shot at the country’s prime minister job next week. But his path to potential power remains unclear, especially if the leader of the country’s …

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China June new home prices flat in weakest showing this year

by Walter Watson
China June new home prices flat in weakest showing this year

High-rise buildings in downtown Shanghai, China, on March 12, 2018. China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second cut this year …

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Mozambique ex-minister denied bail over $2 billion ‘tuna bond’ scandal

by Walter Watson
Mozambique ex-minister denied bail over  billion ‘tuna bond’ scandal

Mozambique’s former finance minister, Manuel Chang (pictured here in 2019), has been deemed a flight risk. Wikus De Wet | Afp | Getty Images A U.S. federal judge ruled that …

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Singapore’s economy grows 0.7% year-on-year in second quarter

by Walter Watson
Singapore’s economy grows 0.7% year-on-year in second quarter

Exterior of the Singapore Exchange building. Bryan van der Beek | Bloomberg | Getty Images Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% …

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Johns Hopkins economist Steve Hanke

by Walter Watson
Johns Hopkins economist Steve Hanke

The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke. “I think the inflation story is history. One reason for that is that money supply has …

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China’s metal curbs could encourage supply chain diversification

by Edgar Davis
China’s metal curbs could encourage supply chain diversification

Luisa Moreno, President of mining company Defense Metals Corp, expects China to further restrict metal exports which could include rare earths. Jakub Porzycki | Nurphoto | Getty Images China’s metal …

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India to become world’s second largest economy by 2075: Goldman Sachs

by Ron Morgan
India to become world’s second largest economy by 2075: Goldman Sachs

India’s Taj Mahal At Sunrise. Wolfgang Kaehler | Lightrocket | Getty Images India is poised to become the world’s second-largest economy by 2075, leapfrogging not just Japan and Germany, but …

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What Apple’s big bet on India means for the tech giant’s future

by Ron Morgan
What Apple’s big bet on India means for the tech giant’s future

It took seven years for Tim Cook to visit India again after traveling to the fast-growing country in 2016. In April, the Apple CEO visited New Delhi and Mumbai to …

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Janet Yellen comments on U.S.-China relations during Beijing visit

by Vera Ward
Janet Yellen comments on U.S.-China relations during Beijing visit

U.S. Treasury Secretary Janet Yellen addresses journalists in a press conference July 9 capping her four-day Beijing visit. She said “direct, substantive and productive” talks have set relations between the …

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