A report released on Wednesday warns that the investment boom in artificial intelligence is a financial bubble that is “primed to pop” and harm working-class Americans if lawmakers don’t take concrete steps to shield them from the damage. The report, produced by Open Markets Institute and Americans for Financial Reform Education Fund, warns that Big […]

The post Report says ‘circular financing’ shows AI bubble ‘primed to pop’ appeared first on Asia Times.

When MSCI floated the idea of downgrading Indonesia to a Standalone Market, anxiety quickly swept through Jakarta’s financial community. Predictably, alarming headlines immediately pointed to foreign capital flight, stock prices dropped and local regulators quickly moved to calm jittery investors. Yet, treating this stock market tremor as a proxy for Indonesia’s overall economic health represents […]

The post Don’t mistake Indonesia’s MSCI scare for economic weakness appeared first on Asia Times.

Sanae Takaichi has done something few Japanese leaders manage. She’s reached her first anniversary in office more popular than her predecessors, and she looks well placed to keep the job. In a country that has burned through five prime ministers in a decade, this counts for a lot. Popularity, though, is only one of two […]

The post Takaichi’s next vote is in the bond market appeared first on Asia Times.