The IMF is warning that elevated stock valuations are putting both financial markets and the global economy at risk of some turbulence. “Valuation models indicate that risk asset prices are well above fundamentals, increasing the probability of disorderly corrections when adverse shocks occur,” the organization said in its Global Financial Stability Report published this month….
Hong Kong needs to develop its “geopolitical instincts” to navigate the US-China rivalry amid the broader global shift in power from the West to the East, a former top diplomat from Singapore has said. Kishore Mahbubani, who previously served as Singapore’s permanent representative to the United Nations and president of the UN Security Council, also…
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global…
Chinese President Xi Jinping has warned there will be no winner in a tariff or tech war between China and the US and vowed that Beijing would firmly safeguard its interests. The comments came after US president-elect Donald Trump told US broadcaster NBC on Friday that he and Xi “have been communicating with each other…