Opinion

US should put an end to this reckless trade dispute

President Trump, self-declared “Tariff Man,” lived up to his billing and wielded his favorite weapon yet again ahead of crucial trade talks with China this week. Enough is enough. The US needs to bring these negotiations to a close before more damage is done. US officials say Trump’s threat to raise tariffs on $200 billion worth of Chinese goods came ...

Read More »

Russia’s aircraft ambition exceeds its competence

The crash at Moscow’s Sheremetyevo Airport that killed 41 people on Sunday hasn’t been fully explained yet. Yet it should serve as a reminder that post-imperial ambitions have a cost, including in human lives. The doomed Aeroflot Sukhoi Superjet 100 had returned to the airport some 30 minutes after takeoff due to a lighting strike, then made a hard landing ...

Read More »

Why investors love Singapore’s malls

Singaporeans aren’t spending like they used to, at least not in shopping malls. There are too many already and more are being built. But investors still have good reasons to back mall owners. The city-state has 6.1 million square meters of retail space, of which 8.7 percent is vacant. Yet companies are forecast to add a further 364,000 square meters, ...

Read More »

Deutsche Bank is driven by its ex-Goldman man

During the go-go years before the financial crisis, Deutsche Bank AG expanded with reckless abandon, chasing a spot among the Wall Street elite at all costs. Since the wheels came off for the industry at the end of the last decade, the German giant has been ruinously slow to adapt, deepening the value destruction for its shareholders. For two decades ...

Read More »

May-Corbyn Brexit talks just point to fatigue

When you hear that UK Prime Minister Theresa May and her Labour Party rival Jeremy Corbyn are in talks, you can safely assume that May has exhausted every other option in her efforts to get a Brexit deal through Parliament. But it’s a measure of the political damage wrought by Hurricane Brexit on Britain’s political landscape that even if there ...

Read More »

Coal’s future is in people’s hands

Climate change is at the top of many American voters’ minds, as evidenced by a CNN poll found “96% of Democrats and Democratic-leaning independents say it’s very or somewhat important for a presidential candidate to promise aggressive action” on the issue. At the same time on the other side of the globe, “Promises to fight the world’s most toxic air ...

Read More »

Two hedge fund backseat drivers make life a misery

To pick up Elliot Management Corp as an activist investor is unfortunate. Having another hedge fund agitator in the form of Knight Vinke must be misery, especially when it’s making rival demands. Add in a bidder with a blocking stake and German utility Uniper SE is a company where the CEO can scarcely think of themselves as the boss. Andreas ...

Read More »

Germany is in need of a global role to suit its size

When US Vice President Mike Pence declared in a speech marking Nato’s 70th anniversary that “too many” alliance members have failed to increase spending on their militaries, he singled out one by name. “Germany must do more,” he said, adding that “it is simply unacceptable for Europe’s largest economy to … neglect its own self-defense and our common defense at ...

Read More »

For US, getting back to the moon is easy part

In 1961, US President John F. Kennedy set a goal of placing Americans on the moon by the end of the decade. Eight years later, on July 20, 1969, his ambition was fulfilled. For the next three years, American astronauts made regular, albeit brief, visits to the lunar surface. The journeys ended in December 1972, when Apollo 17 departed a ...

Read More »

Deutsche Bank is still a worry for the ECB

When Deutsche Bank AG and Commerzbank AG pulled their merger talks at the end of last month, there was an audible sigh of relief at the European Central Bank (ECB). The deal was bound to raise eyebrows among the supervisors, as it would have concentrated the risk of a mega-bank in a single country, while offering few credible efficiency gains ...

Read More »
Send this to a friend