Small and stuck: Why European firms can’t scale
In 2008, the US stock market was worth $3 trillion more than the combined European stock market; in 2023, the gap was $34 trillion. This
A nascent international financial channel of China’s monetary policy transmission
China is the world’s second-largest economy, and its monetary policy can affect global demand and trade. Using granular mutual fund data, this column finds that
US debt crosses $40 trillion threshold after doubling under Trump and Biden
Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is
Big investors think it might be time to buy in South Korea
Global investors pulled back from South Korean stocks through a wild turn in July but are keeping faith with the heavyweight chipmakers on the view
SpaceX and AI startup wealth fuels demand for private jets
Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors
AI to double data centre power and water consumption by 2030, UN researchers say
Unless governments heed the rising environmental costs of AI, the rapid rollout could also strain scarce land resources and create mountains of electronic waste, the
Europe’s US holdings: Leverage lies in marginal demand
The question of whether Europe’s $12.6 trillion holdings of US assets be used as leverage if relations with Washington sour has become increasingly salient in
Global M&A deals hit $4.8bn on strong tech and AI deals
Technology M&A, powered by AI-related deals, was in the vanguard of the year’s surge in merger activity. A potent rebound in global M&A is on
Digital economy set to hit $28trln next year: report
Together, these DCO digital economy tools enable governments, industry leaders, civil society, and international partners to focus on their digital strategies. The global digital economy
Global trade to hit record $35trln despite slowing momentum
Between July and September, global trade grew 2.5% compared with the previous three months. Global trade is expected to grow about 7% in 2025, adding
