Oil prices rose more than 3% and global bourses fell after a U.S. air strike killed Iran’s top military leader, Qassem Soleimani. The Islamic republic may well follow up its rhetoric of revenge with action. Investors now have a real war, not just a trade one, to fret about.
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Middle East strife’s market toll is just beginning

Oil prices rose more than 3% and global bourses fell after a U.S. air strike killed Iran’s top military leader, Qassem Soleimani. The Islamic republic may well follow up its rhetoric of revenge with action. Investors now have a real war, not just a trade one, to fret about.


West African monetary union expansion is high risk

The region is rebranding its CFA franc as the eco and watering down French influence in how the currency is managed. True, Paris will still guarantee a peg with the euro. But a potential new member, Ghana, is already militating for the link to be ditched. That would be a mistake.


Deutsche, Commerz get 30-year reunification bonus

New businesses flourished after East Germany rejoined the West in 1990. Their founders are now approaching retirement, and heirs may have no interest in running the family firm. That’ll spark a Mittelstand M&A boom, bringing much-needed fees for the country’s embattled banks.


Predictions 2020: Russia’s misplaced optimism

Inbound retail and technology deals suggest the business climate is improving. It helps that U.S. lawmakers are too busy with domestic politics to impose major new sanctions. But big, if hollow, spending plans aren’t taking off. Economic torpor will persist, says Dasha Afanasieva.


Join us for Hong Kong Predictions 2020

The world has been gripped by months of violent protests in the city, which have dragged it into recession. HKEX Chief Executive Charles Li will weigh in on the outlook for Hong Kong, the U.S.-China trade war, tech IPOs, his strategy following a bold bid for rival LSE and more.


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