A clear signal from the bond market that investors are pessimistic about the economy’s longer-term prospects. Source: NYT > Business – Neil Irwin
Hong Kong’s Economy Shudders as Its Airport Descends into Chaos
Clashes at one of the world’s busiest transportation hubs could cast further doubt on the city’s future as a business capital on China’s doorstep. Source: NYT > Business – Raymond Zhong
As Saudis and Indians Grow Closer, a $15 Billion Deal Blooms
Seeking new markets, the Arab kingdom plans to buy 20 percent of the oil-related businesses of India’s biggest company, Reliance Industries. Source: NYT > Business – Vindu Goel
Argentine Peso Collapses as Macri’s Re-election Chances Drop
Stocks and bonds also slid as voters flirted with a return to interventionist economics by snubbing President Mauricio Macri and his market-friendly approach in primary voting. Source: NYT > Business – Reuters
Argentine Peso Collapses as Macri’s Re-election Chances Drop
Stocks and bonds as voters flirted with a return to interventionist economics by snubbing market-friendly President Mauricio Macri. Source: NYT > Business – Reuters
Is This August of Financial Troubles More Like 1998 or 2007?
A search for historical parallels offers both reassurance and angst. Source: NYT > Business – Neil Irwin