BUSINESS
TSMC: How a Taiwanese chipmaker became a linchpin of the global economy
Taiwan Semiconductor Manufacturing Company, the largest contract chipmaker in the world, is building a plant to make 3 nanometre chips.
BUSINESS
Young investors can only learn about risk by taking risks
Over the past year since we first went into lockdown, greater numbers of young adults, propelled by boredom, surplus savings and the fear of missing out (FOMO), have dipped their toes into the kind of investing where they can lose some or all of their money.
BUSINESS
Change of menu: Kraft Heinz bets on old brands to win new consumers
This marks a shift in strategy from the focus on large-scale acquisitions
BUSINESS
Apollo-Athene: the new Berkshire Hathaway?
Apollo Global Management, the $455bn investment group, is throwing a lifeline to those firms heavily battered by the pandemic
BUSINESS
‘A sugar rush’: Why the Fed fears a booming US economy won’t last
Central bank forecasts fastest growth since Reagan era this year but worries about pandemic scars
BUSINESS
Martin Wolf writes: Economies can survive a stock market crash
If a correction is due to higher rates and stronger growth, it would not matter much — except to investors
BUSINESS
NFTs are the latest get-rich-quick scheme for the ‘cryptosphere’
The bubble-mania around ‘non-fungible tokens’ will eventually burst
BUSINESS
Emerging market investors focus firmly on central bank decisions
Any sign that the Fed could even consider bringing forward plans to raise interest rates could make life harder for emerging markets
BUSINESS
Mohamed El-Erian writes: How to overcome the uncertainties of the Fed and market psychology
Investors should focus more on individual securities than market-wide trends
BUSINESS
Biden stimulus package adds fuel to sweeping stock market shake-up
The relief measures have put the spotlight on those companies which were shunned by investors during the height of the pandemic
BUSINESS
Want a greener world? Don’t dump oil stocks
Research shows that British local government pension funds have almost £10bn invested in “climate wrecking companies”
BUSINESS
ETF inflows surge past record as US investors bet on global recovery
Investors worldwide funnelled $222.5 billion in new cash to ETFs in January and February 2021, more than double the same period last year
BUSINESS
Greenwashing in finance: Europe’s push to police ESG investing
The real problem crops up when companies promote environmental concerns as an advertising gimmick
BUSINESS
Rise of the retail army: the amateur traders transforming markets
A few months ago, these so-called retail traders were a quirky sideshow in US stocks, dabbling in markets to fend off the boredom of coronavirus lockdowns
BUSINESS
The Big Read | The race to scale up green hydrogen
Governments, companies and academics examine whether this light, colourless gas — which doesn’t produce carbon dioxide when burnt — could help solve the world’s dirtiest energy problems
BUSINESS
Financial bubbles also lead to golden ages of productive growth
The ESG stock frenzy of today, however egregious, may yet translate into a better tomorrow
BUSINESS
Dollar defies the doubters as hopes for economic rebound rise
The dollar index, which measures the value of the US currency against a basket of its peers, is up 1.2 per cent this year
BUSINESS
Martin Wolf writes: What central banks ought to target
Amid a wide range of options, inflation targeting remains the simplest and least bad
POLITICS
Jack Ma personifies the contradiction of China’s ideology
The Communist party system needs entrepreneurs but curtails anyone who becomes too powerful
BUSINESS
The end of the party looms for markets high on stimulus
An economic boom could make last year’s gains go flat for investors
BUSINESS
Undercover Economist | Late greats: why some brilliant ideas get overlooked
History is replete with examples where the idea of the researcher who is so far ahead of their time that it takes years for the rest of the world to catch up
BUSINESS
Why global COVID infections have come down
The sharpest declines are recorded in some of the worst affected countries, including the US, UK, South Africa, Israel and Portugal
BUSINESS
Bond investors suffer worst start to year since 2015
Most of the pain has engulfed highly rated but low-yielding government debt, which is vulnerable to faster inflation that eats into interest payments and returns
BUSINESS
When is stimulus too much for markets?
The liquidity surplus raises interesting questions as to whether the beneficial result for markets will compound or, instead, involve volatile contradictions requiring careful active management
