How do you solve a problem like Korea? Investors are unsure

How do you solve a problem like Korea? Investors are unsure

click photo for more information
How do you solve a problem like Korea? Investors are unsure
EUROPEAN markets have started the day with losses of 1% or so, following a 2% decline in Hong Kong’s Hang Seng index and the 1% loss in the S&P 500 index on Thursday. The Vix, a much used measure of market fear, jumped to 16, its highest level since the presidential election. These are significant […]
1
130

Comments

Write a comment

Chinese cities are competing to woo overseas entrepreneurs

click photo for more information
Chinese cities are competing to woo overseas entrepreneurs
The coffee’s on us WHEN Maria Veikhman, founder of SCORISTA, a Russian credit-scoring startup, was considering expansion abroad, China immediately came to mind. She believes the scope there is vast, for two-fifths of Chinese have no credit records. Ms Veikhman settled in Tianfu Software Park, a state-owned incubator in Chengdu, capital of Sichuan province where […]
1
9

The rapid rise and fall of the Anbang empire

click photo for more information
The rapid rise and fall of the Anbang empire
RARELY in corporate history has a giant come and gone so quickly. Anbang was founded in 2004 as a small Chinese car-insurance company. By the start of last year it ranked among the world’s biggest insurers with some $300bn of assets, including stakes in hotels and financial firms across America, Europe and Asia. Given another […]
1
13

Why low returns are inevitable

click photo for more information
Why low returns are inevitable
WHEN the stockmarket is close to a record high, the chances are that recent returns will have been very strong. The terrible tendency among investors is to assume that those returns will continue. But the higher you go, the harder it is to keep rising at the same pace.  When I visited America for a […]
2
15

The world’s largest-ever tech deal now depends on Qualcomm

click photo for more information
The world’s largest-ever tech deal now depends on Qualcomm
Hock Tan hones the art of the deal VALENTINE’S DAY might seem like a good time to discuss a proposal. But whether it brought luck to Broadcom’s attempt to woo its rival chipmaker, Qualcomm, is still unclear. As The Economist went to press, a meeting between the boards of both firms to discuss Broadcom’s bid […]
7
47

Japanese businesses are struggling to keep up standards

click photo for more information
Japanese businesses are struggling to keep up standards
KUMIKO HIRANO has noticed a disquieting change when she goes to her neighbourhood konbini, one of Japan’s ubiquitous convenience stores. “No one is around and I have to use a loud voice to get someone to serve me,” says the 48-year-old worker in Tokyo. “It irritates me.” This might not seem a big problem, but […]
12
51

Recent tax reforms in America will hurt charities

click photo for more information
Recent tax reforms in America will hurt charities
DESPITE its oft-professed pro-market orthodoxy, America has always had an unusually large non-profit sector. Americans gave $390bn to charity in 2016, with the bulk of contributions coming from individual donors. Historically, revenues at non-profits tend to track GDP growth. The recent tax reforms imply that despite strong economic growth, charitable contributions in America are poised […]
9
50

How to ensure Ryanair foots the bill for flight delays

click photo for more information
How to ensure Ryanair foots the bill for flight delays
THERE is little doubt that Ryanair takes umbrage at EU261, a piece of European law that guarantees passengers compensation in the event of most flight delays and cancellations. Michael O’Leary, the low-cost carrier’s boss, insists that he complies with the “ridiculous” piece of legislation. But many say otherwise. Indeed, Mr O’Leary seems to revel in refusing to give […]
8
49

Those Brexit clichés explained

click photo for more information
Those Brexit clichés explained
EVER since February 2016, when David Cameron, the British prime minister, called a referendum on the UK leaving the EU, the debate has been clouded by catchphrases, similes and confusing metaphors. If you haven’t followed the debate religiously, or you are unfamiliar with British idioms, these may be mysterious. So as the negotiations reach a critical […]
10
52

The next generation of wireless technology is ready for take-off

click photo for more information
The next generation of wireless technology is ready for take-off
NORTH KOREAN athletes will not be the only unusual participants at the winter Olympics in Pyeongchang in South Korea, which begin on February 9th. Anyone can take part, at least virtually. Many contestants will be watched by 360-degree video cameras, able to stream footage via a wireless network. At certain venues around the country sports […]
37
43

Airbus executives get swept away by a corruption investigation

click photo for more information
Airbus executives get swept away by a corruption investigation
  “THE success of Airbus is intimately linked to the success of John,” says Eric Schulz, successor to John Leahy, who has been chief salesman for the planemaker since 1994. Mr Leahy’s aggressive strategy to gain orders expanded Airbus’s market share for civil jets from 18% in 1994 to over 50%. Salesmen at Boeing, Airbus’s […]
5
126

What Natarajan Chandrasekaran must do next at Tata

click photo for more information
What Natarajan Chandrasekaran must do next at Tata
FACED with complexity humans often resort to a heuristic, a rough mental template that gets the job done. That could come in handy at Tata Group, India’s largest business, whose dizzying mix of scale, palace politics and sense of moral purpose defy any categorisation. Tata’s boss, Natarajan Chandrasekaran, known as Chandra, has been in the […]
7
40

Mining firms are dismayed by a new Congolese mining law

click photo for more information
Mining firms are dismayed by a new Congolese mining law
ROBERT Friedland, the boss of Ivanhoe Mines, a large Canadian firm that digs out copper and zinc in Africa, is not one for pessimism. In his speech to an annual mining industry jamboree, Mining Indaba, in Cape Town, his promises about the potential of the business were as copious as the ore bodies his firm […]
2
44

Apple and Amazon’s moves in health signal a coming transformation

click photo for more information
Apple and Amazon’s moves in health signal a coming transformation
THE past decade has seen the smartphone become a portal for managing daily life. Consumers use their pocket computers to bank, buy and befriend. Now this array of activities is expanding into an even more vital sphere. Apple has spent three years preparing its devices and software to process medical data, offering products to researchers […]
13
40

How to interpret a market plunge

click photo for more information
How to interpret a market plunge
FOR much of the past two years, market watchers have had little to write about, apart from the passing of one stock-index milestone after another. The events of the past week, however, have shaken the financial world awake. A recent, upward zag in bond yields seemed to signal the arrival of a new theme in […]
5
50

Telegram’s initial coin offering is hot but controversial

click photo for more information
Telegram’s initial coin offering is hot but controversial
IN A few years, millions of people will use a messaging app to make instant payments to friends across the globe or in a digital marketplace. But instead of state-backed money, they will use a cryptocurrency, the Gram, denoted by a gemstone emoji. They will be able to pay to store data—and perhaps to view […]
14
43

Why United Airlines has got into a flap over a peacock

click photo for more information
Why United Airlines has got into a flap over a peacock
FEDERAL guidelines in America stipulate that airlines must allow passengers with disabilities to bring support animals onto flights. The rules were originally designed with guide dogs for the blind and the like in mind. Yet in recent years the rules have allowed a host of unusual and exotic animals to board planes for their owners’ […]
4
41

Sexual misconduct allegations against Steve Wynn hurt his empire

click photo for more information
Sexual misconduct allegations against Steve Wynn hurt his empire
Rien ne va plus EVEN in a business where the house always wins, Steve Wynn is used to winning more than anyone else. The casinos that the billionaire has built, from The Mirage and Bellagio to Wynn Macau and Wynn Palace, helped transform Las Vegas and Macau from seedy gambling joints into luxury high-roller destinations. […]
3
44

A new sort of health app can do the job of drugs

click photo for more information
A new sort of health app can do the job of drugs
LUANN STOTTLEMYER has had diabetes for 23 years, but it was only in 2016 that her doctor prescribed a treatment that changed her life. It has allowed her to bring her blood-sugar levels under control and lose weight. Yet this miracle of modern science is not a new pill. It is a smartphone app called […]
3
63

The dollar keeps weakening. Is that good news for the world?

click photo for more information
The dollar keeps weakening. Is that good news for the world?
AT THE start of 2017, just before Donald Trump was inaugurated as president, a survey of fund managers by Bank of America Merrill Lynch (BAML) found they believed that being positive on the dollar was “the most crowded trade”. It turned out they were right to be cautious. On a trade-weighted basis, the currency has […]
3
52

Some hotels charge visitors for bad reviews

click photo for more information
Some hotels charge visitors for bad reviews
TRAVELLERS have grown accustomed to annoying hidden fees, from the baggage charges that bring airlines tens of billions of dollars a year to the resort fees that account for nearly a fifth of American hotels’ revenue. But a new one that has popped up in recent years might be the most irksome of all due […]
4
49

A weak market for football rights suggests a lower value for sport

click photo for more information
A weak market for football rights suggests a lower value for sport
Might Paul’s wages fall? FOR years the cost of rights to broadcast major sports in America and Europe has trended in one direction—up. This gravity-defying law shapes the economics of modern sport: as television operators bid ever more substantial sums, teams take in more revenue and star-player salaries (and transfer fees) climb higher. In 2017 […]
2
115

Our Big Mac index shows fundamentals now matter more in currency markets

click photo for more information
Our Big Mac index shows fundamentals now matter more in currency markets
IT IS usually considered quaint to predict foreign-exchange movements by reference to whether currencies are dear or cheap. Metrics such as The Economist’s Big Mac index, a lighthearted guide to exchange rates, hint at how far currency values are out of whack. But they are often driven further out of kilter by capital flows, by […]
1
153

Why driverless cars may mean jams tomorrow

click photo for more information
Why driverless cars may mean jams tomorrow
THE most distractingly unrealistic feature of most science fiction—by some margin—is how the great soaring cities of the future never seem to struggle with traffic. Whatever dystopias lie ahead, futurists seem confident we can sort out congestion. If hope that technology will fix traffic springs eternal, history suggests something different. Transport innovation, from railways to […]
4
186

The French government experiments with venture capitalism

click photo for more information
The French government experiments with venture capitalism
Don’t be coy, carp about the food AS A boy, Antoine Hubert used to catch butterflies. These days, the agro-engineer has eyes only for meal worms. In a demonstration factory near Dole in eastern France, he shows how trayfuls of plump, half-grown worms are fed, left to grow in a darkened dormitory, and then—after two […]
2
148

Legacy airlines are facing new competitors on transatlantic routes

click photo for more information
Legacy airlines are facing new competitors on transatlantic routes
EVEN for a global industry like aviation, Primera Air’s business model seems remarkably cosmopolitan. The Icelandic-owned budget airline is headquartered in Latvia, but mainly operates low-cost flights from Denmark and Sweden to sunny places in the Mediterranean. This summer, it will begin long-haul flights from Britain and France to America. The company bears more than […]
8
60

Having rescued recorded music, Spotify may upend the industry again

click photo for more information
Having rescued recorded music, Spotify may upend the industry again
IN JUST a few short years Spotify has evolved from bête noir of some of the world’s most prominent recording artists to perhaps their greatest benefactor. The Swedish company transformed the way people listen to music, and got them used to paying for it again after digital piracy had crippled sales. Global revenues from music […]
10
96
load more posts

Suffering from { LEAKY } Receivables? Fix the problem.

x
FREE DOWNLOAD

FREE AR DIAGNOSTIC SPREADSHEET

x