Walmart and Target are about to reveal the health of the U.S. consumer
Earnings reports from the two major retailers will show how shoppers are holding up in an era of persistent inflation.
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UK financial regulators to begin overseeing Critical Third Parties announced by HM Treasury
News release The Bank of England (the Bank), the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) will start overseeing the first Critical Third Parties (CTPs) on Monday 13 July 2026, following designation by HM Treasury (HMT). Critical Third Parties (CTPs) are technology and other service providers whose services underpin the UK financial…
How Qatar’s World Cup Transformed the Country
As the world’s biggest sporting event closes, a look at the multi-billion dollar legacy left in Doha. This article appears in the July/August 2026 issue of Global Finance Magazine. Three and a half years ago, the FIFA World Cup kicked off in Doha, at a stadium inspired by a traditional Bedouin tent. The opening ceremony featured…
‘We have always been civil’: My sister refuses to replace me as executor. Can I step down before she dies?
“I haven’t seen my sister since our mother’s funeral more than 20 years ago.”
Monetary Policy in Mandarin Capitalism — by Jeffery (Jinfan) Chang, Wei Xiong
This paper investigates why China’s recurrent credit expansions have coincided with persistently weak inflation. We argue that this pattern reflects the country’s production-oriented monetary regime. At the aggregate level, faster monetary-financial expansion temporarily raises PPI inflation but depresses it over longer horizons. At the sectoral level, liability growth among listed industrial firms is followed by…
RBA expected to hold interest rate at 4.35% as markets reassess hike bets
The Reserve Bank of Australia (RBA) is on track to keep the Official Cash Rate (OCR) steady at 4.35% for the second consecutive meeting on Tuesday. The decision will be announced at 04:30 GMT, accompanied by the Monetary Policy Statement (MPS) and updated economic forecasts. RBA Governor Michele Bullock’s press conference will follow at 05:30…
