Since Russia began its invasion in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages of war are not the only reason for […]
Category: Finance
What would get China’s consumers spending?
On a regular Tuesday morning, a large crowd has gathered outside a grocery store in Xuchang, a city of 4m people. Visit Pangdonglai at the […]
What Xi Jinping gets wrong about China’s economy
The EU is no stranger to overcapacity. Its economic landscape once featured butter mountains, milk lakes and other landmarks of excess production—the surreal results of […]
Why the global cocoa market is melting down
BARRY CALLEBAUT, the world’s largest maker of bulk chocolate, is full of beans. Its share price has jumped by 20% since April, when it reported […]
Against expectations, European banks are thriving
In 2020, when BBVA and Sabadell abandoned merger discussions, it was difficult to find investors with anything positive to say about European banks. A decade […]
Banks, at least, are making money from a turbulent world
Working on a trading desk is perhaps the closest an office job can get to a sport. Focus and reflexes matter. On the other side […]
Could America and its allies club together to weaken the dollar?
The Plaza Hotel has New York glamour in spades. Sitting at a corner of Central Park, it was the setting for “Home Alone 2”, a […]
How Ukrainians are using the cover of war to escape taxes
Since Russia invaded in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages of war are not the only reason for the government’s […]
Russia’s gas business will never recover from the war in Ukraine
When Russia’s leaders stopped most of the country’s gas deliveries to the EU in 2022, they thought themselves smart. Prices instantly shot up, enabling Russia […]
Hedge funds make billions as India’s options market goes ballistic
Hedge funds take great pains to hide their inner workings. So a recent court case in which Jane Street sued two former employees and Millennium […]