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Anthony Rowley
Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London
Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London
With bond yields rising and stock markets hitting precarious highs, gold-backed monetary policy could be a much-needed source of stability.
The apparent resilience of the global economy in the face of a series of shocks comes amid dangerously high debt levels.
As markets greet the Fed rate cut with enthusiasm, long-term bond yields paint a much more alarming picture.
The finance world is in flux, with stablecoin issuer Tether investing heavily in the metal it has been trying to usurp as a primary means of exchange.
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SCO summit’s vision can’t be implemented without the requisite monetary and financial systems in place. The West must play a role if the world is not to fragment into blocs.
Policymakers don’t pay enough attention to bubble economics – despite how the advent of cryptocurrencies has added fresh layers of risk.
Tokyo’s recently announced Indian Ocean and Africa economic zone initiative could put it on course to overlap and clash with Beijing.
As the US allows 401(k) investors to access assets such as cryptocurrency and real estate, there seems to be little official recognition of the risks.
Contrary to markets’ exuberance, record levels of borrowing and the growth of shadow banking pose a significant risk of a financial crisis.
We need radical solutions reinforced by legal statutes to bolster the fight against climate change and make polluters pay.
The world is crying out for systemic reforms to markets that heap investment in fashionable sectors instead of where it is needed the most.
The stock market’s bullish sentiment amid tariff threats and hot wars feels a lot like the calm before a cataclysmic storm.
If Brics nations want to present a viable alternative to the US-led world order, they must do more than eschew confrontation with the West.
The US is the largest shareholder of several multilateral financial institutions, calling into question how unbiased their advice can be.
Central bank gold holdings are now back to where they were in the 1960s, before gold went out of official fashion.
Buffeted by Trump’s disruptive policies, Asia should seize the chance to reassert the need for regional integration as the US retreats.
From the speculative frenzy over digital assets to the assault on bond markets, the next financial crisis will be self-inflicted.
China’s industrial policy could not have succeeded without a financial system harnessed in the service of balanced growth.
The US can lead a vital course correction in global economics and politics and reclaim leadership if Trump can be convinced it’s his idea.
Asia’s local currency bond markets are worth US$25 trillion. The belief that the world can’t do without US capital markets is misplaced.
Markets have largely returned to calm after the US-China trade truce but all is not as it seems.
The US president’s trade wars could push the mountain of global debt to the point of eruption and harm emerging economies.
Asian economies responded to Western exhortations to pursue export-led growth. The resulting ‘economic miracle’ now looks like a mistake.
With a global financial crisis looming, governments are left with few options beyond bracing for what’s to come and working together.
The Trump administration has brought the world to the brink of a systemic financial and economic crisis.
Tariff shock, loss of confidence in the dollar, stock market trauma and a widespread feeling of affront will only quicken de-dollarisation.
The US’ presence in Asia is entrenched but the prospect of a Europe-East Asia economic alliance is one card both regions could play.
The US dollar is too central to the global financial system for the so-called Mar-a-Lago Accord to find traction outside the US. But the search is on for alternatives.
As Asean members modernise their militaries, the bloc could be sacrificing its cherished norms of stability and consensus.
