Global financial system
Asean+3 weathered the last global tightening storm. What about the next?
Solid fundamentals, pragmatic policies and strong coordination can preserve financial stability, but we must not be complacent
The Federal Reserve’s other problem
The proposal by US regulators to loosen banks’ equity requirements has ‘financial crisis risk’ written all over it
The impossible choice: tariffs, sanctions and fragmentation
Parallel financial systems could force either breakdown or reluctant reintegration
How cryptocurrencies accelerate geopolitical shifts
Liberal democracies must confront the challenges posed to the traditional financial system
The US dollar’s decline is not the end of its dominance
Investors and businessmen should remain vigilant but confident in the currency’s enduring role as the cornerstone of the global economy
Trump’s assault on the global dollar
The difficulty is that, however unsatisfactory the hegemon might be, the alternatives look worse
The futile search for a US dollar rival
The Kazan summit’s communique calls for greater use of Brics members’ currencies in trade among themselves, but the writer sees no progress on the part of the group to challenge America
Japanese banks should stay vigilant against market tail risks, BOJ says
It also urged careful management of interest rate risks
Why the West should be paying more attention to the gold price rise
Buying of the precious metal reflects rising interest in alternatives to the dollar-based financial system
US stock settlement switch faces early resilience test
A major index rebalance scheduled to occur just days after the planned switch risks causing a spike in failed trades
