Iran-Israel explosion blows Asia’s Fed hopes asunder
Anyone laughing at Lawrence Summers for predicting that the US Federal Reserve’s next move may be a tightening, rather than loosening, is rather quiet now.
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Anyone laughing at Lawrence Summers for predicting that the US Federal Reserve’s next move may be a tightening, rather than loosening, is rather quiet now.
Indian Prime Minister Narendra Modi is set to meet his Singapore counterpart Lawrence Wong this week marking his first trip to the city-state since he won a historic third term in office in June.
The Philippine and Vietnamese coastguards have held firefighting and search-and-rescue exercises off Manila, the first such drills between the two countries with maritime disputes with Beijing in the South China Sea.
Bubbles last until they feel like fundamentals, and until last week, investors believed that tech stocks could only head up and the Japanese yen could only head down. By Monday’s market opening, investors cowered for shelter as the two bubbles popped in unison.
Anyone hating their job at the moment should spare a thought for Federal Reserve head Jerome Powell. In real time, investors can observe the extent to which Chairman Powell is confused about the direction of US interest rates.
Singapore is giving us a glimpse of what Cambodia could become. New Prime Minister Lawrence Wong benefits from a consultative approach to policy as he takes over from Lee Hsien Loong, who had been in power for 20 years.
LONDON (AP) — A British judge who resigned from Hong Kong’s top court last week said he stepped down because the rule of law in the city is in “grave danger” and judges operate in an “impossible political environment created by China.”
Two non-permanent judges of Hong Kong’s Court of Final Appeal (HKCFA) have tendered their resignations after lawmakers in the United States and United Kingdom called for sanctioning the city’s foreign judges and accused them of legitimizing the government’s crackdown on political dissent.