Recent Posts

Air travel is about to get even less glamorous

For all the disagreement in the industry about the future of aviation, there’s perfect accord on one point: There’s going to be a lot more of it. The world’s air passengers flew a combined 7.64 trillion kilometers (4.75 trillion miles) in 2017, according to Boeing Co.’s latest 20-year market outlook. By 2037, that will rise to 18.97 trillion kilometers, with ...

Read More »

Modi’s demand for surplus reserves worsens rift with RBI

Bloomberg India’s government is asking the central bank to hand over a part of its surplus reserves and loosen liquidity norms for lenders — demands that are likely to escalate a standoff with the monetary authority that’s fiercely protective of its independence. The matter is pending before the board of the Reserve Bank of India and may be taken up ...

Read More »

Buy ‘cheap’ yen before big its big awakening in 2019, says SocGen

Bloomberg It’s time to start loading up on “cheap” yen. Using options to bet on gains for Japan’s currency is a smart wager for 2019, according to Societe Generale. The yen reached its weakest since early October, before recovering as concern over China’s economy fuelled declines in global equities and eroded risk appetite. The yen traded at 113.85 per dollar ...

Read More »
Send this to a friend