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Jerome Powell, chairman of the US Federal Reserve. The Fed raised interest rates by a quarter percentage point and signaled it's not finished hiking, despite the risk of exacerbating a bank crisis that's roiled global markets. (Photo: Bloomberg)

Policymakers face two nightmares: stubborn inflation and market chaos

7 min read . 25 Mar 2023

Turmoil in global banking since the collapse of Silicon Valley Bank and the takeover of Credit Suisse naturally raises the question of whether this moment threatens to be as bad as the global financial crisis of 2007-09. (Photo: AP)

What to read to understand banking crises

5 min read . 25 Mar 2023

TikTok chief executive Shou Zi Chew testifies before a House Energy and Commerce Committee hearing entitled 'TikTok: How Congress can Safeguard American Data Privacy and Protect Children from Online Harms' in Washington on March 23 (Photo: Reuters)

America may be a step closer to banning TikTok

3 min read . 24 Mar 2023

As he begins his third five-year term as party chief, there are no signs that Xi Jinping's anti-corruption campaign is letting up (Photo: AP)

The never-ending campaign against graft in China

3 min read . 23 Mar 2023

Not all America’s woes can be traced to that fateful invasion, but the Iraq war propelled it down the road to Donald Trump (Photo: Reuters)

How the Iraq war became a threat to American democracy

5 min read . 23 Mar 2023

Over the past year deposits in US commercial banks have sunk by half a trillion dollars, a fall of nearly 3% (Photo: AFP)

America’s banks are missing hundreds of billions of dollars

5 min read . 22 Mar 2023

Should the Fed remain focused on high inflation and continue to raise rates, or is financial stability now the priority? (Photo: AFP)

The Federal Reserve must choose between inflation and market chaos

3 min read . 21 Mar 2023

Like India and other emerging markets, Indonesia is adapting to a new world order in which globalisation and Western supremacy are in retreat (Photo: Reuters)

Why Indonesia matters

5 min read . 21 Mar 2023

Pedestrians in Pudong's Lujiazui Financial District in Shanghai, China, on January 3. China's economy ended the year in a major slump as business and consumer spending plunged in December, (Photo: Bloomberg)

China’s slowdown is hurting the young

5 min read . 20 Mar 2023

The decline of TV and cinema and rise of streaming will reshape entertainment (File Photo: Reuters)

As Disney turns 100, its business is on a rollercoaster ride

13 min read . 20 Mar 2023

Chinese President Xi Jinping begins a state visit to Russia on March 20, a trip Beijing has touted as a 'visit for peace' as it seeks to play mediator in Vladimir Putin's war in Ukraine (Photo: AFP)

What does Xi Jinping want from Vladimir Putin?

14 min read . 20 Mar 2023

Space scientists have long identified the lava caves as a likely site for human habitation on the Moon, (PTI)

Pressurised natural caves could offer a home from home on the Moon

3 min read . 18 Mar 2023

With hindsight, there were warning signs ahead of the spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. (Photo: AFP)

How deep is the rot in America’s banking industry?

9 min read . 18 Mar 2023

When the Fed raised rates at its sharpest pace in four decades, bond prices plunged, leaving SVB and other banks with huge losses (Photo: Reuters)

What’s wrong with the banks

5 min read . 17 Mar 2023

The Internet has created a more interconnected world, accelerating the age-old problem of greed and exploitation by those in positions of power, the author writes (Photo: Reuters)

A crypto-exchange founder makes his case for decentralised finance

4 min read . 17 Mar 2023

Vinod Khosla, venture capitalist and founder of Khosla Ventures and Sun Microsystems (Photo: AFP)

Vinod Khosla says rushing to meet carbon-reduction targets by 2030 may hinder what can be achieved by 2050

4 min read . 16 Mar 2023

In the years since Paris, the 1.5°C target went from something to be pursued to something totemised (Photo: AP)

The world is going to miss the totemic 1.5°C climate target

18 min read . 16 Mar 2023

That information that powers AI tools like ChatGPT comes from everywhere: social-media feeds, internet searches, digital libraries, television, radio, banks of statistics and so on (Photo: iStock)

A battle royal is brewing over copyright and AI

5 min read . 16 Mar 2023

If batteries are to realise their potential, they need to become cheaper and better (Photo: Reuters)

Power storage is the missing link in green-energy plans

3 min read . 15 Mar 2023

One feature of this phase is that markets are suddenly working with the Fed rather than against it (Photo: AFP)

For markets Silicon Valley Bank’s demise signals a painful new phase

3 min read . 15 Mar 2023

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