Recent Posts

Isn’t Donald Trump already being censured?

No US president, or former president, has ever been convicted in a Senate impeachment trial. Donald Trump is highly unlikely to break that streak. That’s a principal reason some members of Congress started promoting censure as an alternative to impeachment right after the Capitol riot. The idea is getting new attention now that Senate Republicans have solidified their opposition to ...

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Facebook, Apple will miss 2020 a lot

Sometimes blowout earnings aren’t enough. For the third quarter in a row, Facebook Inc and Apple Inc generated billions upon billions in profits and flexed the power of their dominant businesses. Despite the impressive showings, the market reacted with a shrug — and perhaps for good reason. Both technology companies reported strong quarterly earnings that handily beat Wall Street expectations. ...

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Brutal truth for bankers is they’re expendable

What happens to a global financial centre when hundreds of thousands of residents head for the door? The jury is still out on London after its Brexit- and pandemic-inspired exodus. Now it’s Hong Kong’s turn to pose the question. The UK started taking applications from January 31 under a new immigration program for Hong Kong residents, introduced in response to ...

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