Commentary

China’s AI build-out is generating real revenue, but returns are diverging across chips, cloud platforms and legacy internet businesses.

Oil prices are caught between fragile near-term supply and a better-supplied future. Here is why crude and fuel costs may move differently.

Commodity prices fell sharply in June, yet constrained oil flows and depleted inventories mean inflation and supply-chain risks have not disappeared.

Bitcoin dominates crypto’s public image, but stablecoins are becoming the settlement layer connecting digital assets with banks, dollar markets and cross-border finance.

Bank profits and capital remain resilient in 2026, but concentrated credit exposures, non-bank links, refinancing pressure and funding competition will determine what comes next.

July consumer inflation eased, yet producer costs and the Federal Reserve’s own projections argue against treating one softer report as an all-clear for rapid rate cuts.

China’s property downturn intensified in the first half of 2026. Here is what declining investment, sales and developer financing mean for markets, companies and portfolios.

India’s equity market is balancing foreign outflows and global risks against deep domestic liquidity, a US$5 trillion market and a durable investment cycle.

U.S. inflation eased to 3.4% in July as core price growth slowed, giving the Fed more room to wait—but elevated energy costs keep risks alive for markets and households.

Gold has retreated sharply from its January record, exposing a divide between price-sensitive investors and strategic central-bank buyers. The next move depends on rates, the dollar and whether institutional demand remains resilient.