business / finance

India

Spotlight: India’s Big Bet On New Banknotes

India’s startling announcement last month to swap out most banknotes in circulation — possibly the biggest currency change in decades anywhere in the world — went largely unnoticed outside the coun...

Mexico

A Post-NAFTA Plan B For Trump Era? Mexico Must Get Serious

United States

Cuba Policy Exposes Tensions To Come In Trump Presidency

The death of Cuba's Fidel Castro offers an early glimpse at how U.S. President-elect Donald Trump will need to balance his pro-growth economic plans and allegiance to business with the hard-line ca...

Italy

Draghi, Yellen And Central Banks In The Age Of Trump

In the wake of the U.S. election, central bankers unite to stabilize the world economy in the face of populist calls to scrap regulations.

United Kingdom

Why Black Friday Makes No Sense In Britain

Neither Thanksgiving nor the Friday after is a day off for British workers-shoppers. But there are even more reasons that the imported retail ritual is pointless.

India

Long Lines, Black Markets: How India’s Cash Crunch Looks On Street Level

NEW DELHI — I am outside the Reserve Bank of India building in New Delhi. It’s 8 a.m. The bank opens at 9 a.m. but more than 300 people have already queued up here. Among them is 60-year-old Mo...

Japan

In Japan, A Troubling Link Between Samurai Spirit And Workaholics

A stressful Japanese work culture is deeply ingrained in the country's mindset, with historical roots and very modern health risks.

China

Serious Risks Of Trump Presidency For The Asian Economy

HONG KONG — Just when China's economy

China

China, From Shrinking Exports To Currency Devaluation

-Analysis- BEIJING — The numbers are decidely mixed. Year-on-year, China's exports fell in September by 10%, which was a 0.5% further drop over August. Meanwh...

Cyprus

When Brexit Hits Cyprus, Isle Of Offshore Banking And British Expats

Britain's decision to leave the EU is having a ripple effect on the island nation of Cyprus, where ex-pats and tourism operators are already feeling the pinch. But there may be a more long-term...

United Kingdom

Political Intrusion, The Eternal Poison For Central Banks

LONDON — In most of the developed world, central banks are free to set monetary policy without the interference of those who depend on voters for their employment. That independ...

Bolivia

Why Energy-Rich Bolivia Is Mired In Economic Crisis

Like other Latin American countries, Bolivia has squandered commodity revenue and failed to make the hard reforms necessary to bolster the economy for the long haul.

Russia

How Agribusiness And Corruption Swallow Small Farmers In Russia

Millions of Russians were given plots of land when the former USSR collapsed. Now, as land rises in value, small farmers are the targets of intimidation of powerful forces.

Germany

That Billion-Dollar War Between The EU And U.S. Just Got Nastier

Brussels punishes Apple and the call from Washington follows promptly: Deutsche Bank owes them $14 billion. The race for the White House doesn't help matters.

Chile

Will Algorithms Make Financial Advisers Obsolete?

Financial advice from computers could help private investors make more rational, efficient and profitable decisions. But even if a human element is irreplaceable, the humans in the industry must ad...

United Kingdom

No Post-Brexit Vote Apocalypse For UK Economy — Yet?

PARIS — So far, so good. The collapse of the British economy predicted by the former Chancellor of the Exchequer George Osborne, in a case of a

Belgium

Juncker's Irony, EU Leads Fight Against Tax Evasion As Apple Gets Hit

The EU Commission is taking a tough stance on tax evasion, as shown with the 13 billion euro bill leveled at Apple.

Colombia

Why Oil Firms Are Pumped About The Colombia Peace Deal

Decades of civil war have ravaged Colombia's environment and undermined opportunities at oil exploration. Now with peace looming, big and small firms alike are ready to pursue the government...

United States

How Robert McNamara And The Whiz Kids Invented Big Data

History mostly knows him as the disgraced architect of the Vietnam War, but McNamara first made his mark in the corporate world with his mastery of numbers before it was as fashionable as it is today.

Cuba

Cuba Embraces Free Market, China-Style

Whatever the hopes for Cuba, the country's regime seems keen to follow the profit model for the economy to shore up its political grip. Just like China and Russia.

China

Why The Internet Giants Can't Crack The Chinese Market

No, it's mostly not about censorship ...

United States

The Apple-Samsung War Turns 10

The two tech giants are engaged in an all-out struggle for market supremacy. Samsung may sell more smartphones, but Apple generates more profit. Where will each turn next?