Demystifying trade patterns in a fragmenting world
It has been argued that ‘connector’ countries can benefit from trade tensions by bridging the gap between trade blocs. This column examines trade flows of
Dubai’s property sector rounds off 2025 with record sales
December maintained the year’s exceptional momentum, with monthly sales climbing 46.4% in value YoY. Dubai’s property sector capped a historic year in 2025 with a
Multinational firms and global innovation
Multinational companies are at the heart of two key globalisation trends: the fragmentation of production and the internationalisation of innovation. This column studies the global
Dollar remains firm as markets await ECB, BoE rate announcements
The yen dipped 0.1% to 155.85, extending a 0.6% slide on Wednesday. The dollar inched higher against its major counterparts on Thursday as markets positioned
Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities
The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
Europe has a solid basis for battery and electric vehicle manufacturing growth
Europe is successfully building up battery and EV manufacturing capacity, though mainly thanks to foreign investment. Batteries and electric vehicles (EVs) contribute to Europe’s energy
Emerging market resilience to risk-off shocks: Good luck, but mostly good policies
Emerging markets used to be hit hard whenever global investors turned nervous. This column analyses how emerging markets have managed output and inflation during global
Dollar choppy as risk-off mood, dovish Fed unsettle markets
The risk selloff petered out somewhat in Europe, however, to leave the euro at $1.1704, steady on the day at a near two-month high, after
The complex linkages between euro area insurers and sovereign bond markets
Over the past decade, euro area insurers have been challenged by the prolonged period of low interest rates until 2022 and climate-related risks, particularly for
Beyond military sales: The market premium on dual-use research and development
The sharp rise in European defence spending – driven by Russia’s full-scale invasion of Ukraine, President Trump’s re-election and the weakening of US security guarantees,
