The biggest misconception about next month’s referendum on Britain’s membership of the European Union is that it will put the issue to rest. That’s unlikely. Whichever way the vote goes, Brexit isn’t going away. The referendum on Scottish independence is a good guide to what’s coming. Scots in 2014 voted with their heads not their hearts to stay in the ...

Barry Ritholtz It is never wise to ignore market, economic or voter sentiment. Discount it, yes. Put it into broader context, for sure. But ignore it at your peril. As too many retailers, fund managers and politicians have discovered, the public is often a good barometer of what is occurring in the broader economy. But not always: the public can ...

  Samridhi Pant SPECIAL TO EMIRATES BUSINESS Over the past six months, the Nepal Army (NA) has stepped up its engagement with the country’s economy. First, in December 2015, the NA declared that it will invest in a hydropower project for the first time. Then, on March 2016, the NA – in another first — got permission from the government ...