Japanese love the new prime minister. Markets don’t. Japan’s Prime Minister, Sanae Takaichi, and the Bank of Japan have a chance to steer post-deflation the country onto a stable growth path. U.S. voters aren’t the only ones up in arms about affordability... See more
New Delhi, Jan. 9 -- U.S. voters aren't the only ones up in arms about affordability. Japan has cast off lost decades of deflation to join the rest of the developed world in modest inflation, currently running near 3%. That has been good for stocks, as co... See more
Nobel-prize winning economist Joseph Stiglitz says the prospects for economic recovery in the U.S. and Europe “remain bleak,” and blames lack of reform in the financial industry. “Governments have failed to address the underlying problems of financial reg... See more
Strengthened by recent profits, global banks enter a new phase defined by falling rates, political volatility, and the disruptive promise of AI.
Banks’ most basic job is to be a safe haven in a turbulent world. That turbulence is increasing.
Even so, the ... See more
Expanding economies and bank regulatory hurdles prompt emerging-market companies to tap the private credit market.
Shapoorji Pallonji Group, an Indian construction company, made its mark in financial history in May, when it took down a $3.4 billion privat... See more
