Economy & Markets
Asian central banks, currencies, trade flows, commodities and the supply chains wiring the Indo-Pacific.
What Steve Jobs's NeXT Years Teach Apple's New CEO About AI
Apple's new CEO John Ternus inherits a hardware powerhouse but an AI lag. A new book on Steve Jobs's NeXT years shows how the founder nearly
Fed Nominee Warsh's Independence Pledge Faces Scrutiny Amid Trump Pressure
Kevin Warsh, President Trump's nominee for Federal Reserve Chair, pledged central bank independence during a contentious Senate hearing. His
Petroyuan's Rise Will Be Driven by Geopolitical Crises, Not Gradual Shifts
The petroyuan is gaining traction as a practical tool during sanctions or supply shocks, not through ideological shifts. Its usage will surg
OpenAI's Financial Strain: Billions in Losses Despite Revenue Surge
OpenAI, the company behind ChatGPT, is reportedly losing over $2 billion monthly despite generating billions in revenue. The company's immen
LHC Data Reveals Tension with Standard Model, Pointing to New Physics
Data from the LHCb experiment at CERN shows a significant statistical tension with the Standard Model's predictions. The findings center on
When Robots Replace Workers, Who Will Buy What They Make?
If robots and AI eliminate most human jobs, the economic cycle of earning, spending, and producing collapses. Without consumers, even automa
Global Economic Institutions Reassess State-Led Growth Models as China's Influence Grows
Major global financial institutions are re-evaluating the role of state-led industrial policy in economic development. This shift is driven
Post-War Gulf States Rethink Security Ties, Deepen Economic Links with China
The Iran war has upended Gulf stability, weakening faith in US security guarantees. Gulf states are now urgently diversifying economic partn
US Drug Supply Chain Relies on China: A Reality Check for Washington
The United States relies on China for a significant share of its pharmaceutical supply, with 477 FDA-registered facilities in China and grow
Hong Kong's Strategic Bet on Stablecoins and Real-World Asset Integration
Hong Kong's first stablecoin licenses to HSBC and Anchorpoint signal a move beyond sandboxes into regulated finance. The city aims to build
AI Access Divide Widens as Tech Giants Prioritize Corporate Users Over Public
Major AI platforms are sharply reducing public access and functionality to manage costs, creating a two-tier system. Meanwhile, large corpor
China's Industrial Overcapacity Reshapes Global Trade, Pressures Asian Economies
Economists warn a 'China Shock 2.0' is underway as overcapacity in advanced sectors like EVs and AI fuels global price wars. The trend, stem