Defiant losers are becoming a costly problem

October 20, 2016

Pro-EU campaigners and Britons who live near airports have challenged the will of the majority. Donald Trump may not accept U.S. election results. In finance, companies regularly face and resolve such insurrections. Solutions are similar in politics, but harder to implement.

Inflation is next nerve-jangler for investors

October 18, 2016

After years of undershooting price targets, some rate-setters, including Mark Carney in Britain, are now talking about tolerating overshoots. Equity winners will vary depending on whether inflation is of the good or bad variety. But global bonds are losers either way.

Sompo buys $6 bln policy against declining Japan

October 5, 2016

The Tokyo firm is acquiring U.S.-listed peer Endurance. Japanese insurers' hunger to diversify from a tough home market has sparked a string of big deals, sometimes at crazy prices. A $6.3 bln price tag here looks fairly sane given Endurance's assets and growth prospects.

Guest view: A new blueprint for corporate tax

September 30, 2016

Europe's complaint against Ireland and Apple reflects a problem bigger than any one company or country. The global approach to tax is past its sell-by date. A system based on revenue location, and that treats multinationals as single entities, could share the pie more fairly.

Past mortgage fines give Deutsche room for hope

September 28, 2016

Settlements by other banks imply the German lender owes up to $5.5 bln for mis-selling mortgage-backed securities. That's much less than the $14 bln the U.S. government wants. But a previous Deutsche fine was much bigger than rivals'. Calculating penalties is an inexact science.

Hadas: Central banks play with monetary absurdity

September 23, 2016

Monetary authorities have taken recourse in increasingly empty promises. The Bank of Japan's Haruhiko Kuroda has taken this verbal drama to a new and ultimately dangerous level. Central banks could rely on deeds, not words, if their tools and targets were more realistic.

Fed “forward guidance” blows too much smoke

September 22, 2016

The U.S. central bank again declined to raise rates, leaving what hedgie Dan Loeb called the crack cocaine of loose monetary policy in place. The Fed counts talking to the market as one of its tools. But its story has changed so much that it might do better being less chatty.

Trading really is about survival of the fittest

September 19, 2016

A new study finds trading prowess is linked to accurate detection of one's own heartbeat, a trait common in people with lower body mass indexes. Despite its limitations, the paper implies physiology has a profound role in markets, and that humans still have an edge on machines.

Mario takes Nintendo up a level in mobile gaming

September 8, 2016

Nintendo unexpectedly unveiled a Super Mario game at Apple's new phone launch. Following Pokemon's wild success, this confirms the Japanese group is no longer dragging its feet on reform and is ready to use top characters on mobile. It boosts the case for the new-look Nintendo.

Apple’s tax spat could blight European banks

August 31, 2016

The tech giant’s $14.5 bln EU tax bill has shades of a $9 bln U.S. fine handed to BNP Paribas in 2014. Despite big differences, both have the whiff of a transatlantic raid on those deemed able to pay. EU banks awaiting U.S. fines, like Deutsche Bank and RBS, have cause to fret.