BUSINESS
Lessons from the gilts crisis
The meltdown was an early warning about radical changes in financial markets and suggests pension systems might not be fit for purpose
BUSINESS
India overtakes China in M&A fees for western banks for first time
Wall St Bankers pivot as Chinese companies turn to local advisers and Covid restrictions weigh on demand
BUSINESS
Mounting global price pressures threaten to trigger more rate rises
Core inflation continues to rise in many economies despite recent drop-off in headline rates
BUSINESS
Why has Big Tech fallen in love with exchanges?
Microsoft’s deal with London Stock Exchange Group follows moves by Amazon Web Services and Google into capital markets
BUSINESS
‘Emphasise the pain’: Jay Powell keeps hawkish tone even as inflation eases
Fed chair tries to manage investor expectations following shift down to half-point rate rises
BUSINESS
End of ‘fantasy’ stock market brings relief and pressure for short sellers
Hedge funds are enjoying the end of the bull market but making profitable bets is unlikely to get easier
BUSINESS
Global economy enters new phase as pace of rate rises slows
Inflationary pressures are easing, but monetary policymakers’ job is not done yet
BUSINESS
Decoupling wave creates new business opportunities, gives leg-up to transparency
From risk consultancies to big rating agencies, law firms to investment houses, and start-ups designed to help companies map or even recreate alternative supply chains, everyone wants a piece of the decoupling pie
BUSINESS
Mohamed El-Erian writes: Next year’s unpleasant choices confronting the Fed
The Fed is still playing catch-up to tame rising prices after its protracted gross mischaracterisation last year of inflation as “transitory” and its initially timid steps to withdraw monetary stimulus.
BUSINESS
Storage is one of the least sexy words around. That’s a problem
By the time a crisis hits, it’s too late to start building an extra cupboard
BUSINESS
Bond market points to Fed standing firm in battle against inflation
US yield curve is at its most inverted since 1981 in sign investors see recession on horizon
BUSINESS
Germany confronts a broken business model
Can the country’s industrial economy reinvent itself for an era without cheap gas from Russia?
BUSINESS
Financial Instability: the hunt for the next market fracture
Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt
BUSINESS
Gold still adds a little lustre to a very well-diversified portfolio
Volatility in prices has taken the sheen off the metal as a safe-haven asset — though the rich still like their jewellery
BUSINESS
Jay Powell is no dove
And how the yield curve might be wrong
BUSINESS
Doesn’t anyone do due diligence any more?
Theranos and FTX show a broad failure by investors to ask enough questions before handing over cash
BUSINESS
China protests add to uncertainty for investors
Demonstrations show how the country is struggling to deal with Covid and an easing of lockdowns
BUSINESS
Seven days that could unravel the global oil market
As western countries prepare to impose a price cap on Russian crude, many of the industry’s norms are being undermined
BUSINESS
Investor Howard Marks: 'The short run is by far the least important thing'
Oaktree’s legendary co-founder on the business of bargain hunting, the dangers of emotion — and meeting his drug smuggler namesake
BUSINESS
Collateralised fund obligations: How private equity securitised itself
Stakes in hundreds of buyout groups’ companies have been bundled into investments with strong credit ratings
BUSINESS
Interest rate worries leave doubts over durability of stock rebound
US and European indices climb more than 10% but inflation and recession fears stalk markets
BUSINESS
Don’t regulate crypto as finance
It would be a mistake to apply the legal/regulatory/supervisory apparatus used for stocks and bonds to crypto
BUSINESS
The Gulf is partying while it can
But the joy of hosting the World Cup in an oil and property boom will not last unless productivity improves
BUSINESS
Why Visa and Mastercard have yet to face their Kodak moment
The fintech disrupters of the payments sector are no such thing
