Global Economy

The age of verbiage

Without some self-restraint, the stream of hot takes might end up undermining informed debate that undergirds all open societies


Finding advantage in adversity during Covid-19

Covid-19 has delivered a combined health and financial crisis with an unprecedented global reach. Businesses need to recognise that their efforts today will have an impact far beyond the current pandemic.

Noble Group frames the endgame: Deal, administration or Chapter 11

(Mar 26): Embattled commodity trader Noble Group issued a defense of its planned restructuring, saying if shareholders vote down the plan it will probably enter insolvency proceedings in the UK or file for liquidation, such as Chapter 11 in the US, and ex

Zuckerberg's response doesn't 'cut it', Facebook critics say

(Mar 22): Facebook Inc. CEO Mark Zuckerberg broke his silence on the crisis over political-advertising firm Cambridge Analytica’s access to user data on the social network, outlining concrete steps the company is taking to make sure such a leak doesn’

Noble Group's creditors in driver's seat as group seeks deal to cut debt

SINGAPORE (Jan 30): Shares in Noble Group slumped 13% on Tuesday after the battered commodity trader proposed a deal under which existing shareholders' equity would be nearly wiped out, while the restructured company would have much lower debt.

US sees 'four or five' ways to resolve North Korean crisis

WASHINGTON (Sept 26): The US has gamed out four or five different scenarios for how the crisis with North Korea will be resolved, and “some are uglier than others,” National Security Adviser H.R. McMaster said as tensions remain high between the two c

Noble Group's misery deepens as investors zero in on debt talks

(June 6): Noble Group shares extended their decline to the lowest level since 2000 amid rising investor concern that the embattled commodity trader may not be able to engineer a turnaround even as it presses on in talks with core banks to try to secure mo

Noble Group foe Muddy Waters asks when 'last wheel' may fall

(May 25): Noble Group will almost certainly have to undergo a restructuring as the commodity trader battles for survival, according to Muddy Waters LLC founder Carson Block, who’s shorted the company before but says right now he doesn’t have bets agai