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The Messy Truth: Australia’s Reputation in Southeast Asia

A spicy commentary published by the Lowy Institute—a prominent Sydney-based think tank—recalibrates the relationship between Australia and Southeast Asia. “Shared prosperity” and “deepening engagement” may mean something quite different in Canberra, than Hanoi or Kuala Lumpur. Bilateral grievances center on immigration policies and business standards. The author argues that Australia runs the risk of becoming […]

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Saudi Arabia Mints Grocery-Delivery Unicorn

Riyadh-based Ninja achieves unicorn status with a new funding round, led by Riyad Capital. The three-year-old venture taps into demand for quick-delivery consumer goods across the Kingdom, as well as neighboring Qatar, Bahrain, and Kuwait. Its at-hand products include potato chips and blueberries, as well as milk and laundry detergent, among thousands of other items. […]

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Hong Kong Becomes an IPO Crossroads

In the business of initial public offerings, the global market may be faltering, but primary listing activity in Hong Kong is buoyant. We can point to market-specific factors for this divergence, but we wonder if there is a single overarching theme in play. Could corporate issuers be rewarding Beijing for predictability and stability, at least […]

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Congress Wants the Army to Collect More Open-Source Intelligence

Capitol Hill has an idea to save money. This year’s National Defense Authorization Act—which designates the Pentagon’s budget and expenditure—suggests that the Army may want to assign a program executive office to gather open-source intelligence. The assumption verges on the audacious. Is Congress suggesting that publicly-available material may be better than some military resources? By […]

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Tokyo and Seoul Clash Over Abandoned Gold Mines

Sado Island offers nostalgia for many Japanese. It is the site where workers for the Tokugawa Shogunate achieved almost perfect purity in its gold production through handicraft methods. In the 1600s, the mines were responsible for as much as ten percent of global gold output. Based on that partial history, Tokyo aspires to include the […]

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In Election Wake, Modi Likely to Reset Economic Priorities

Some international investors seem oddly troubled at prospects for India with a chastened Modi at its helm. There should be relief in the election results. Fresh economic reform may address the severe unemployment that is a curse on the Indian story. The allure of economic growth has sustained global interest in India. The outlook is […]

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Panama Rewrites Foreign Investment Playscript

The Cobre mine in Panama was once the world’s largest copper mine. Not anymore. In November, the Supreme Court voided a 20-year concession renewal that had just been awarded to Canada’s First Quantum Minerals. The project was responsible for as many as 8,000 jobs, while output amounted to about four percent of gross domestic product. […]

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Be a Minimalist

When it comes to raising capital, “less is more” during an introductory meeting, at least in our experience. Be wary of overwhelming a potential investor with a hoard of details about your work. Those carefully-crafted, data-heavy tables may be better suited for another meeting or a due diligence document. We have never met an investor […]

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