Headlines

Gold’s center of gravity moving from West to East

For decades, London reigned supreme in the global gold market. Its vast over-the-counter (OTC) system, built on unallocated accounts, netted trades and trust in paper claims set benchmarks and kept most bullion circulating as a financial instrument rather than plain physical

Taiwan should have no illusions about America’s support

For decades, Taiwan has drawn comfort from the belief that the United States stands as its ultimate security guarantor. Recent statements from Washington again describe Taiwan as a “vital partner” in technology, semiconductors and economic security. Yet history suggests that