Fund managers make big bet on high-end malls via Simon
Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some…
COP15 debates whether biodiversity credits can put a value on nature
As the UN COP15 summit in Montreal aims to halt rapid destruction of nature and restore degraded lands, some experts have called for selling “biodiversity credits” to help pay for…
Dwindling excess savings could scupper markets’ soft-landing hopes
Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings created by COVID-19 could be a…
Investors snap up record $39bn emerging market sovereign bond splurge
Developing countries have sold a huge $39 billion of international bonds since the start of the year, with investors happy to pile into riskier debt as they bet global interest…
At the top of Europe’s banks, it’s still a man’s world
Women remain rare visitors to the highest echelons of European banks. The 25 biggest banks by assets have seen 22 changes in chief executive and chair over the past two…
Emerging market turmoil may bring FX controls back on radar
The coronavirus pandemic and oil price collapse have made emerging markets a lightning rod for volatile capital flows, raising the question whether currency controls might creep back on the radar…
Banks in bonus balancing act as economies shrink but markets boom
Major international banks may still pay out big bonuses to high flyers this year even as the pandemic saps the global economy, as fears of losing talent to rivals during…
Poorest countries will follow a tricky path back to debt markets
Ghana and Pakistan’s return to international debt markets this week, a year after Covid slammed them shut, has been an encouraging sign for the world’s poorest countries, but investors still…
Economic crimes: a truly global threat
As we work to recover from a financial meltdown and near economic collapse the threat posed by economic crime is fresh in the air. These crimes emerge as a result…
