Editorial

EDITORIAL

If the US economy is robust, why is the yield curve still inverted?

BY MOST accounts, the US economy is chugging along nicely and has, at the very least, avoided falling into a recession. If so, then why has the US Treasury yield curve been inverted for almost two yea...

US Treasury Secretary Janet Yellen (left) with China's Vice-Premier He Lifeng on Apr 5. Receiving red-carpet treatment in Beijing, she reciprocated by suggesting the need to repair the relationship between the two economic superpowers.
EDITORIAL

Far from thawing, the US-China economic war could see a new front opening up

The US is concerned about competition in cars and renewables

Shutting off one segment of the market to an entire constituency can exacerbate the accumulation of wealth in another.
EDITORIAL

Time to study broadening of private market access

THE very wealthy are getting wealthier, even after adjusting for their rapidly rising cost of living. Access to private markets might be helping them cement this lead.

The US Copyright Office has rejected various copyright applications for art created using AI. “Human creation” is required for something to qualify as a piece of authorship deserving of protection.
EDITORIAL

In AI-copyright battle, an existential crisis emerges

WHEN our artificial intelligence (AI) overlords finally subjugate the human race and start generating self-aggrandising paeans to the robot regime, mankind might at least get some songwriting credit. ...

Robotic arms assemble cars in the production line for Leapmotor's EVs at a factory in China's Zhejiang province. Western alarm at Beijing’s intention to build up its technology industries has been rising for a while now.
EDITORIAL

Trade warriors’ real fears about Beijing’s industrial overcapacity

US TREASURY Secretary Janet Yellen was frank about the purpose of her four-day visit to China last week: to persuade Beijing to stop investment in more factories for making electric vehicles (EVs), so...

The value of more frequent scheduled meetings arguably has less to do with MAS’ own internal decision-making, and more to do with public signalling.
EDITORIAL

Quarterly monetary decisions are valuable even if – or precisely when – they bring no change

THIS year, the Monetary Authority of Singapore (MAS) moved to a quarterly schedule for its monetary policy decisions, adding two more scheduled meetings in January and July, on top of its existing mee...

An entire generation of investors has grown accustomed to paying low to zero commissions and thus being able to trade faster and cheaper than before. However, whether this has left them better off is debatable.
EDITORIAL

Stock market trading – faster and cheaper is not necessarily better

BETWEEN 1992 and 1999 US space agency Nasa adopted the mission paradigm of “faster, better, cheaper’’ (FBC) for its unmanned missions. Sceptics pointed out that FBC was too ambitious and that perhaps ...

Trump Media & Technology Group, owner of struggling social media platform Truth Social owned by Donald Trump, began trading as a public company on Mar26 at Nasdaq's opening bell under the ticker symbol “DJT".
EDITORIAL

DJT: Will common cause trump common stock? 

IN THE Wild West of Trumpland, 2024 has featured enough close-ups of eyes and holsters to satisfy Sergio Leone, with Donald Trump in multiple stand-offs against legal and money woes. Fittingly, Trump’...

Much like his predecessor, Biden has abandoned traditional free trade policies and is now embracing a more nationalist and protectionist economic agenda.
EDITORIAL

In Washington, they’re all economic nationalists now

FOR much of his time in office, Democratic critics lashed out at president Donald Trump for being an economic nationalist, ready to launch trade battles against America’s partners abroad and disregard...

Meta has indicated that it is no longer interested in news of any kind and that it will end payments to publishers in Australia and Canada.
EDITORIAL

Don’t expect social media to save the news industry

WHEN Australia set up its arrangement in 2021 to have social media giant Meta pay for news content on its Facebook and Instagram platforms, it was seen as a lifeline for struggling local publishers. A...