The ability of European financial mechanisms to directly fund distressed banks was a game-changer if it came with no riders

In a world of 0% interest rates, if Singapore were to raise rates, it would attract more capital into the island-state rather than less

It was with a shock that I discovered that the US stock market has done better than the universe of emerging market stocks, Asian stocks (excluding Japan), India, China, Brazil and Russia or BRIC independently as well, since the beginning...

We may never become courageous enough to remain in uncertainty, but we can learn to appreciate its usefulness in shielding us from mistakes

RBA conspicuously avoids any discussion of risks to China’s growth. That seems like a rather strange omission

The damage that has been done to the integrity of capital markets globally since the beginning of the new millennium is immense

The actions of the Federal Reserve are irresponsible and, hence, indefensible. Their costs outweigh local and global gains, if any

The genuine measure of a housing market’s performance is the extent to which it remains affordable in an economy

Even in good years, politicians in democracies are incapable of delivering bad news to people and this is a year of elections

India’s problem is that its growth from 2002 to 2007 was founded partly on unsustainable demand growth