Forex Diamond

Hedge funds embrace machine learning—up to a point

ARTIFICIAL intelligence (AI) has already changed some activities, including parts of finance like fraud prevention, but not yet fund management and stock-picking. That seems odd: machine learning, a...

Putting a price on Bitcoin

SCENE: A pet shop with a bored looking proprietor. A customer approachesCUSTOMER: I’d like to buy a parrot.OWNER: Certainly, sir. How about this one? It’s a Norwegian Blue....

Western companies are getting creative with their Chinese names

MCDONALD’S drew ridicule in China when it changed its registered name there to Jingongmen, or “Golden Arches”, in October, after it was sold to a Chinese consortium. Some...

Rio Tinto puts its faith in driverless trucks, trains and drilling rigs

Data-mine oreFOR millennia, man has broken rocks. Whether with pickaxe or dynamite, their own or animal muscle, in a digger or a diesel truck, thick-necked miners have been...

The markets believe in Goldilocks

ANOTHER week, another record. The repeated surge of share prices on Wall Street is getting monotonous. The Dow Jones Industrial Average has passed another milestone—24,000—and the more statistically...

How airlines are squeezing more seats onto their planes

WHEN Gary Leff, a prominent travel blogger, took his first flight on one of the new “no legroom” planes operated by American Airlines, he found that the experience...

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Infrastructure spending on road project dries up

China giveth, and China taketh away. Across Asia, the world's second-largest economy has financed infrastructure projects as part of its massive, so-called Belt and...