Headlines confirming that Germany surpassed Japan last year as the world’s third-largest economy should serve as a wake-up call. Unless policymakers embrace far-reaching productivity-enhancing reforms, the country’s global position will continue to decline
Although well intentioned, the US Chips Act is so poorly designed that it is likely to undercut Taiwan’s TSMC, the world’s leading semiconductor manufacturer, and leave the entire industry even more vulnerable than it already is. Both Taiwan and America stand to suffer from the legislation’s unintended consequences
The Asset provides authoritative, unbiased coverage of the financial markets together with independent financial research on Asian issues, trends & developments
Wise, the United Kingdom-based digital payments fintech firm formerly known as TransferWise, has expanded into Southeast Asia by way of the Philippines, with the launch of Wise Pilipinas.