Global Rebalancing / 08.07.18

Hong Kong embracing virtual banks

Global Rebalancing / 07.17.18

Boeing, Embraer join forces

Boeing and Embraer announced a joint venture in July as a way for the U.S. manufacturer to produce regional jets, reports USA Today.

Global Rebalancing / 07.12.18

China hands the world a 111 million ton trash problem

For years, China has been the world’s biggest importer of used plastic, buying 106 million tons of old bags, bottles, wrappers and containers annually, according to Bloomberg. So last year, when the country announced it would cease buying the world’s trash, other governments knew they had a problem, but were unsure how big of a problem.

Global Rebalancing / 05.30.18

Aviation talent war

Chinese airlines are buying foreign flying schools and poaching pilots, which is amplifying a talent shortage that has affected airlines in other regions, reports the Financial Times.

Global Rebalancing / 04.18.18

Movie attendance slumps in U.S., Canada but strong overseas

An April 4 report from the Motion Picture Association of America (MPAA) reports that worldwide box-office revenue grew 5% to $40.6 billion in 2017, even as movie-going slumped in the U.S. and Canada, according to Bloomberg.

Global Rebalancing / 03.29.18

Cleaner fuel – or fuel cleaner?

The Wall Street Journal reports the owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device that treats the ship’s exhaust before letting it out.

Global Rebalancing / 03.19.18

The steaks are high

Australia’s richest woman, Gina Rinehart, is boosting her cattle herd in the world’s third-biggest beef exporter to serve up more premium steak to discerning customers in China, reports Bloomberg.

Global Rebalancing / 01.17.17

Japan dethrones China

According to Reuters, China will soon be dethroned by Japan as the top holder of U.S. government debt. Why? The Chinese central bank has been dipping into its foreign exchange reserves to support the yuan, while its Japanese counterpart has been content to allow the yen to weaken.

Global Rebalancing / 10.18.16

An aging base

Japan's small firms, many of which are “mom-and-pop” operations, are dying out as their aging owners struggle to find successors, according to Reuters.

Global Rebalancing / 08.30.16

An Indian engineer shortage

Indian Prime Minister Narendra Modi’s “Make in India” program, designed to bring more high-grade manufacturing to the subcontinent, is facing a labor shortage, according to the Wall Street Journal.

Global Rebalancing / 09.15.15

Iron Ore Woes

Indian Railways has slashed the cost of transporting iron ore exports for the first time since March of 2012, according to The Economic Times.