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In final stretch of career, Europe’s ‘Mrs Crisis’ Lagarde is worried about rise of populism
“We will live in a world which is more volatile, which is more prone to shocks, and which has clearly fragmented under our eyes,” Lagarde said in the conversation recorded in November.…
The post In final stretch of career, Europe’s ‘Mrs Crisis’ L…
Opinion | Can Europe survive its crippling paralysis?
The brutal reality is that the European Union is failing to get its squabbling nations to work as a coherent group
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Why you can trust SCMP
Published: 5:30am, 3 Jan 2026
By any measure, 2025 will be remembered as a tipping point.&#…
From the US to China, 2025 a blockbuster year for stock markets
Stock markets had a stellar run in 2025.
From North America to Europe and Asia, markets racked up some of the biggest gains in years.
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list 1 of 4Huge crowds for Khaleda funeral as Bangladesh bids farewell to ex-leade…
Could 1929 happen again? Andrew Ross Sorkin’s gripping account of the time Wall Street collapsed
To understand how massive the stock market crash of 1929 was and how significantly it impacted the US and the global economy, it would help to first look at a more recent crisis — the Global Financial Crisis of 2008 (also referred to as the Great Reces…
Nvidia is turning into a $5 TRILLION ticking timebomb
When Nvidia posted blockbuster results 11 days ago the relief was palpable. The artificial intelligence (AI) pioneer – and world’s most valuable company – had eased growing fears that the tech bubble was about to burst.…
The post Nvidia is …
Opinion | The rise of a Beijing-led ‘Global South Consensus’
In 2004, Joshua Cooper Ramo, now co-CEO of Kissinger Associates, coined the term “Beijing Consensus” as an alternative to the Washington Consensus, the neoliberal framework of economic policies devised in the 1980s by the International Monetary Fund, W…
Malaysia ringgit rally: Importers cheer, tourism braces for slowdown, Singaporeans unfazed
JOHOR BAHRU/SINGAPORE: The Malaysian ringgit’s rally to its highest level against the United States dollar in over a year has been a boon for Malaysian garment maker Chua Hunt.
Chua’s company, D&R Garments Manufacturing, has a factory in Xiamen, Ch…
G20 leaders are ‘saving the furniture’ as Trump leads a boycott
It began with an ambush.
Mid-way through the Oval Office meeting, surrounded by cameras, Donald Trump told his staff to dim the lights and play a video purportedly documenting the “persecution” of white South African farmers.…
The pos…
G20 countries’ medium-term growth to be weakest since 2009 crisis, IMF says
WASHINGTON – The world’s 20 largest economies will grow by just 2.9% in 2030 amid headwinds from protectionism and policy uncertainty, their weakest medium-term outlook since the global financial crisis of 2009, the International Monetary F…
UPDATE 1-Chinese premier makes landmark Zambia trip as West vies for investment foothold
Zambia will host a Chinese premier on Wednesday for the first time in 28 years as the sub-Saharan state emerges from a financial crisis, with Beijing eager to access commodities and develop a bigger market for its exporters.…
The post UPDATE 1-Ch…