The real level of bad debt in China might be 10 times the official number, according to the ratings agency Fitch. But don't worry! Fitch says that a "one-off resolution" of those non-performing loans would
As 2015 winds to a close, people are looking ahead to new business opportunities that will be available in 2016. As 2016 begins, business globalization will be spreading more rapidly than ever before.
Countries that produce the world's crude are getting crushed by low prices. Huge budget surpluses are turning into deficits, and generous social programs are being replaced with austerity and cuts. Oil
This photo is of Wu Lin'an (on the left) giving stock investment advice to members of the public in a "street stock salon" in central Shanghai, China, earlier this year. Reuters described Wu's investment
Virtually the entire discussion among economists on defining the middle class in “emerging economies” pertains to levels of consumption expenditure or income. No doubt, income is a relevant indicator,
As crude oil prices continue their descent to almost their lowest point since 2009, many value investors have contemplated whether oil stocks offer a compelling value. In November, North Sea Brent Crude
That's long enough that you can officially call me, "Chicken Little." So far, my concerns have been, at best, premature, and, at worst, misplaced. So I hereby fall on my sword. But my view hasn't changed!
In 2015, middle-income Americans (adults in a three-person household with annual income between $42,000 and $126,000) made up about half of the U.S. population, down steadily from 61 percent since 1971.
Many Indians believe that the nation's parliament, beset by legislative gridlock and routine physical disruption, has lost its relevance. They are right, but only partially. Elections to parliament's house,
Marissa Mayer’s reign as head of Yahoo looks to be ending like her predecessors. With a serious flop. Only this may well be the last flop – and the end of the internet pioneer. It didn’t have to happen
In the nine years since the Federal Reserve's last rate hike, the US has gone through a housing-bubble burst, a financial crisis that nearly destroyed the global banking system, the worst recession since
Asia has a debt problem, and it's getting worse. Analysts at UBS led by Duncan Woolbridge and Niall MacLeod have pinpointed exactly why. While interest rates are low and falling in Asia, the debt service
But unless there's a definitive pickup in wages, entry-level housing affordability could morph into a more serious issue. "Deteriorating housing affordability will drive 2016 housing trends," according
Economists are proposing two radically opposed forecasts for global growth. Considering the evidence, it’s hard to side with the optimists Economists are split between those who see the world economy together
To recap, the American manufacturing sector is seriously banged up right now. With Wednesday's ISM manufacturing release, the sector is now considered in contraction. On the other hand, services from to