POLITICS
What will Xi’s China do next?
Here are three books that allow the reader — and the next US administration — to prepare for what China may do next
BUSINESS
Conoco/Concho: surfing the wave
Valued at $13.3bn including debt, this is not only the year’s biggest deal but the third major transaction in the US shale industry in under three months
BUSINESS
The debt bubble legacy of economists Modigliani and Miller
For most companies which had assumed that too much debt would affect the value of the firm, their paper was a counterintuitive bombshell
BUSINESS
Joe Biden needs an economic team that will support workers
That is because the next president will need a highly heterodox team to handle a very complex problem: how to bridge the historic divide between the fortunes of US companies and workers
BUSINESS
US election: what investors are anticipating
Ignore the short-term market noise and stick with equities and other assets that will benefit from the secular forces driving the economy and the business cycle into the next presidential term and beyond
BUSINESS
Blockchain: not hip to be square
PwC predicts blockchain could add $1.76tn — or 1.4 per cent of global gross domestic product — to economic output over the next decade
BUSINESS
‘Value drought’ claims latest victim as growth stocks power on
For value investors, a bout of underperformance is nothing new. Many ruefully recall how dismally they did during the dotcom bubble, only to roar back when it burst
BUSINESS
Investors should watch the transatlantic split on ESG closely
If rules change under a Biden administration, it could accelerate capital flows into the sector
POLITICS
China braced for lose-lose scenario as US election fuels unease
Beijing fears Trump triumph will further sour relations, but Biden victory could pose tougher long-term challenges
