Learn what Dutch Disease is, why oil and gas booms can hurt other exporters, with examples from the Netherlands, Venezuela and Norway’s fund model in full.
Browsing: Finance
Three years into the AI capital expenditure boom, data-centre and chip spending has reached market-moving scale. What investors should watch now.
It is the question that quietly haunts the second half of working life: am I behind? The Federal Reserve’s latest…
Central banks are buying gold at a pace not seen in generations, reshaping global reserves and giving the bullion market a powerful, price-insensitive buyer.
The People’s Bank of China has approved Visa’s application to prepare a domestic bank-card clearing business. Visa has one year to complete preparations before applying for the full licence, joining American Express and Mastercard in China’s clearing market.
The IMF raised its 2026 global growth forecast to 3.1%, crediting the AI investment boom with offsetting higher oil prices from the Middle East war — while warning that an AI market correction, the conflict and rising debt all threaten the outlook.
A lukewarm August recovery was not enough to offset Argentina’s steep July contraction, leaving the economy on course for a technical recession. JPMorgan has cut its 2026 growth forecast to 1.5% and the World Bank to 2.1%.
South Korea’s exports rose 102% year on year to a record $26.1 billion in the first 10 days of October, Korea Customs Service data show, as semiconductor shipments surged about 171% and accounted for 46.7% of all exports.
The biggest US banks are expected to post about $38.9 billion in third-quarter markets revenue — up 17% on last year, but a clear step down from the blockbuster pace of the second quarter.
Dallas-based PIF Energy plans to spend $2 billion on up to 15 crude tankers to move Gulf oil through the Strait of Hormuz, as security risks send charter rates to extraordinary levels.
