LATEST

Nepal quake impact could exceed 20% GDP

Black

The economic costs of Nepal's devastating earthquake, which has claimed the lives of at least 3,200 people so far and injured thousands more, could exceed $5 billion, equivalent to 20 percent of the impoverished nation's gross domestic product (GDP), says IHS.

Global Letter On Japan

Here's an interesting note from Nomura International's Global Chief Economist, Paul Sheard, who lived in Japan for many years and is a fluent Japanese speaker.

1995 Kobe Earthquake Saw Off Nick Leeson (& Barings)

Nick Leeson

On January 16th, 1995, Barings trader Nick Leeson, already hiding substantial rogue trading losses from his bosses, took positions on the Singapore and Tokyo stock exchanges, hoping that his latest gamble would help him recover some of his unauthorised losses (and save his bacon).

HOT LIST

FEATURED

Black

Nepal quake impact could exceed 20% GDP

The economic costs of Nepal's devastating earthquake, which has claimed the lives of at least 3,200 people so far and injured thousands more, could exceed $5 billion, equivalent to 20 percent of the impoverished nation's gross domestic product (GDP), says IHS.