United States Tag

09 Jan Alibaba’s logistics arm Cainiao offers shoppers in US grouped delivery service, cutting shipping times to five days

Posted at 12:00h in Asia

Cainiao, Alibaba Group Holding’s logistics unit, will open a new service for consumers in the US to allow them to package several items they have bought together, cutting delivery times to as little as five days.Cainiao said in a statement on Tuesday that the cross-border...

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06 Jan Opinion | Faced with war, climate change and threat of AI gone wrong, world needs infusion of idealism

Posted at 11:30h in Asia

This is not to suggest that all our problems can solved by bowing down and asking forgiveness from a divine creator for our sins and presumption. But respect for a creator or entity greater than ourselves can unleash enormous positive energy.This was brought home to...

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05 Jan Opinion | Reports of Chinese economic miracle’s demise are greatly exaggerated

Posted at 09:30h in Asia

China’s economic performance over the last year has been disappointing, so much so that some observers argue that growth has already peaked and that it is all downhill from here. But it is far too soon to write off China’s economic resilience.As 2023 began, the...

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04 Jan Opinion | Why investors in emerging markets can’t easily abandon China

Posted at 09:30h in Asia

Yet, it is the performance of emerging-market equities that is more striking. The MSCI Emerging Markets ex China Index, which monitors stocks in developing economies other than China, surged 17 per cent last year despite mounting concerns about China’s economy.What is more, the assets held...

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04 Jan Opinion | China recovery, Trump victory: 5 myths investors must beware in 2024

Posted at 06:30h in Asia

Myth 1: Interest rates will fall. This is a myth because the US Federal Reserve has no reason to cut rates. The current US economy displays interest rates, inflation, growth and unemployment all around 3-5 per cent, making lower rates unnecessary. Higher rates are...

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03 Jan Opinion | Global markets bracing for a 2024 full of potentially volatile elections

Posted at 07:45h in Asia

We are less than a year away from the 2024 US elections, which will be held on November 5. The next president will inherit a large fiscal deficit, as the Congressional Budget Office predicts that the fiscal deficit will remain steady at 5-7 per...

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30 Dec Opinion | West is fighting futile war against global trade’s inevitable shift east

Posted at 09:30h in Asia

In one such recent analysis, Hong Kong-based economic research firm Gavekal traced back the origins of the fractionating process we are seeing now nearly 600 years to the fall of Constantinople to the Ottoman Empire in 1453. This, they say, was “bad news for...

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