BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Why Crypto Crashed Key Takeaway: Japan’s stock market plunged 12% on August 5, marking its worst day in 37 years. The fall was triggered by fears of a US economy slowdown, with the Nasdaq index dropping over 6% and the S&P 500 dipping by 4.25%. The US Federal Reserve’s chairman, Jerome Powell, suggested an interest rate cut in […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Democratising Finance Through Artificial Intelligence Key Takeaway: Artificial intelligence (AI) is revolutionizing investment by making professional financial insight and portfolio management accessible to everyone. AI-powered robo-advisers, such as Betterment and Vanguard, are democratizing investment and providing tailored advice to a new generation of investors. With 31% of gen Zs and 20% of millennials using robo-advisers, the financial industry is adapting […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Why We Will Never Master The Financial Markets Key Takeaways: Stock market enthusiasts often claim to predict financial market trends with great accuracy, but this is not possible due to the uncertainty and unpredictable nature of the environments in which we make daily decisions. Human cognition tends to favor a reductionist approach to information processing, sometimes called “tunneling,” which can lead to biased […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Story Of Birkenstock: Unlikely Rise Of A Billion Dollar Brand Key Takeaway: Birkenstock, a German shoe brand, has been able to attract fashionistas and hippies to its flexible arch supports, despite its negative image. The brand, founded in 1774, has evolved from orthopaedic footwear to fashion, with its initial public offering predicted to be the third-largest US listing so far in 2023. Birkenstock’s “bubble up” […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK The Economics Of Art Museums Key Takeaway: Art museums, such as New York’s Metropolitan Museum of Art, have a large number of visitors but struggle to generate revenue. The Met, the world’s third most popular museum, has a budget deficit of $10 million and is laying off over 100 employees. Meanwhile, the Museum of Modern Art (MoMA) is expanding and […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE China Property Crisis: Why The Chinese Housing Market Is Collapsing Key Takeaways: China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-COVID policy and address a growing property crisis. Overall, these buyers believe loose regulation of funds has provided some developers with both the temptation and ability to keep […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Does The Stock Market Extract Wealth? Many of us see the stock market as an investment engine for building companies and generating wealth, but the truth is that the stock market works more like an extraction engine. It depletes corporations while contributing to the concentration of wealth. The Stock Market is an Aftermarket Our distorted view of the stock market starts when we believe that buying shares in a publicly-traded company actually invests […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK JOURNAL & RESEARCH Lessons From The 1997 Asian Financial Crisis In the mid-summer of 1997, much of East Asia was gripped by the Asian financial crisis. The crisis began in Thailand due to the mounting pressures of its exchange rate in the last quarter of 1996. The These mounting pressures arose from the increase of the already high current account deficits that engulfed the country at the […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS ENTREPRENEURSHIP FINANCE Here’s Why The Gamestop Fallout Is A Good Thing Here’s why the Gamestop Fallout Is a Good Thing In the age of extreme polarized political talk, an entirely new phenomenon is sweeping the trading world off its feet. As they call it, Meme Stocks are stocks targeted by inexperienced retail investors with the intension to prove a point. GameStop became a symbol of the resistance and […] Saving Bookmark this article Bookmarked
ENTREPRENEURSHIP 5 things to know before the stock market opens Tuesday Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat. Saving Bookmark this article Bookmarked
The Chinese Tech Companies Reshaping Global Markets Key Takeaway: China’s emerging tech firms are transforming the global market by prioritizing rapid innovation, cost efficiency, and adaptability. DeepSeek, a Chinese AI firm, has challenged the dominance of US tech giants, demonstrating that China is no longer just the world’s factory but becoming the world’s innovation hub. DJI Innovations, a drone company, has revolutionized […] Written by Empirics Asia March 13, 2025March 13, 2025 Saving Bookmark this article Bookmarked
The Business Of War Key Takeaway: Multinational corporations are increasingly taking sides in times of geopolitical conflict, often aligning their actions with their home countries or responding to public pressure. This trend, known as “partisan behavior,” comes with significant risks, both financially and reputationally. Companies that take a stand risk alienating customers and investors, while those that remain neutral […] Written by Empirics Asia March 12, 2025March 13, 2025 Saving Bookmark this article Bookmarked
The Hidden Dimensions Of Reality Key Takeaway: The universe may be far more complex than we initially think, with the possibility of a higher-dimensional structure that twists and folds in ways unseen. Mathematicians study all possible shapes and dimensions in geometric topology, revealing a universe that may be far from the simple, empty expanse we assume. Modern physics, particularly string […] Written by Empirics Asia March 3, 2025March 3, 2025 Saving Bookmark this article Bookmarked
Unravelling The Secrets Of Dinosaurs Key Takeaway: Scientists are decoding the mysteries of dinosaurs by examining their lives, movements, and interactions. Advances in technology are revealing new insights into their colors, patterns, and social structures. Electron microscopes have allowed scientists to reconstruct the coloration of certain feathered dinosaurs, revealing details about their appearance and behavior. CT scans are being used […] Written by Empirics Asia February 28, 2025February 28, 2025 Saving Bookmark this article Bookmarked
Collision Course: The Doomsday Asteroid Flying Towards Earth Key Takeaway: A new asteroid, 2024 YR4, was detected in Chile at the end of 2024, with a small yet notable chance of colliding with Earth in 2032. Initially, estimates suggested a 3.1% probability of impact, but as of February 2024, calculations by the European Space Agency’s Near Earth Object Centre have revised this down […] Written by Empirics Asia February 25, 2025February 25, 2025 Saving Bookmark this article Bookmarked
The Hidden Cost Of Cheap Furniture Key Takeaway: Fast furniture, which is mass-produced items designed for short-term use, is a growing environmental crisis. Millions of discarded pieces end up in landfills each year, contributing to a waste problem mirroring the fast fashion industry. To avoid fast furniture, consumers should identify it by noticing its price, materials, assembly methods, limited or unclear […] Written by Empirics Asia February 24, 2025February 24, 2025 Saving Bookmark this article Bookmarked
Is Democracy Really The Best System? Key Takeaway: Plato’s critique of democracy, particularly in his work “The Republic,” suggests that it is fundamentally flawed. Socrates, Plato’s mentor and teacher, argues that ruling a state is a skill, similar to piloting a ship or performing surgery. However, critics argue that this is not the case. Politics involves moral judgments, compromises, and social […] Written by Empirics Asia February 21, 2025February 21, 2025 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked