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SE Asia shows high cost of fast growth

With China’s technology giants facing a plethora of struggles, Southeast Asia was supposed to be the hip new market that offered a well of fast-growth companies. That’s coming at a heavy cost. Earnings reports from e-commerce and gaming provider Sea Ltd as well as food and deliveries giant Grab Holdings Ltd are a stark reminder that years of break-neck speeds ...

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US debt is massive, but it’s also under control

  When it comes to the Federal Reserve and monetary policy, there are no shortages of talking heads who say the central bank can’t raise interest rates too much or else it would trigger a “debt bomb.” What this means is that because the federal debt is so high, even a relatively small increase in rates might force the government ...

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Senate needs to shore up the Federal Reserve

  The US Federal Reserve’s next policy-making meeting in mid-March will be one of the most consequential in recent memory, with inflation running at a 40-year high and Europe riven by armed conflict. Yet with several nominations stuck in the Senate, the central bank is troublingly under-prepared to rise to the occasion. It’s a weakness that legislators must urgently resolve. ...

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