Forex Diamond

The finance industry ten years after the crisis

MANY people complain that the finance industry has barely suffered any adverse consequences from the crisis that it created, which began around ten years ago. But a report...

Why McKinsey is under attack in South Africa

An unfamiliar sight for McKinseyitesMCKINSEY, a global management consultancy known for its discreet profile and rarefied air, is unused to the sort of tub-thumping popular revolt it is...

Kobe Steel admits falsifying data on 20,000 tonnes of metal

THE port city of Kobe, on the southern side of Japan’s main island, is known for luxury beef from pampered cattle, fine sake and precision engineering. Its reputation...

An epic but inconsequential proxy vote at Procter & Gamble

SHAREHOLDER meetings in Ohio are not usually the stuff of high drama, but a recent gathering was a nail-biter. Nelson Peltz of Trian Fund Management, an activist hedge...

In dirt-poor Myanmar, smartphones are transforming finance

For chats and kyatsMYANMAR’S democratic transition sometimes seems marked as much by continuity as by change. Depressingly, the army continues its bloody persecution of Rohingya Muslims in the...

Crafty app developers are ripping off big-name brands

THE new app for an upmarket British department store certainly looks the part. Released on Google Play, a shop for Android software, on September 5th, it has the...

The internationalisation of China’s currency has stalled

ON OCTOBER 18TH, President Xi Jinping will preside in Beijing over the most important political event in five years. At the Communist Party’s 19th congress much will be...

Taxing the rich

FOR once, The Daily Mail and the Guardian, British newspapers of the right and left, agree. In the former, Alex Brummer says "IMF's new line of thinking of...

American politicians’ efforts to control Chinese firms amount to a dangerous game

WARS are fought with weapons, but also with money. To understand the global balance of power in the coming decades, it helps to pay attention to the commercial...

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Hobbyist drone disruptions becoming problem in California wildfires

There have been at least two incidents of drones disrupting firefighting activities during the deadly Northern California wildfire disaster, the FAA said Monday. ...