dailypro2020

APEC Shanghai 2026: China's Vision for Asia-Pacific Trade Meets a Fragmenting Global Order On May 18-19, more than 1,000 delegates from 21 APEC member economies gathered in Shanghai for the second Senior Officials' Meeting (SOM2) of 2026. China, serving as APEC chair for the third time after 2001 and 2014, used the moment to push an ambitious vision: an "Asia-Pacific community" built around trade liberalization, digital connectivity, and shared prosperity. Roughly 40 preparatory working-group sessions fed into the agenda, spanning trade and investment, economic and technical cooperation, women's empowerment, telecommunications, and food safety. That's a lot of meetings. Whether they add up to more than communiqué language is the real question — and one I've been asking myself every time an APEC summit wraps up. The backdrop couldn't be more complex. The US Federal Reserve is stuck at 5.25-5.50% — a 22-year high — with core PCE inflation still...

I've been tracking the global supply chain restructuring all year, and the convergence of three narratives — Japan's Nikkei breakout, the Singapore-NZ pact, and the mega-tech IPO pipeline — tells me something profound about where capital markets are heading. May 25, 2026 — Tokyo, Singapore, New York. Three stories are unfolding simultaneously across the global economy, and together they tell a single, larger story about how the world is reorganizing itself. Japan's Nikkei 225 index has broken through 65,000 for the first time in history, capping a multi-year rally driven by corporate governance reform and the return of inflation to an economy that spent three decades fighting deflation. Gold, which spiked to $5,280 per ounce in February amid geopolitical turmoil and inflation fears, has corrected to $4,587 — a 13% decline that suggests safe-haven demand is ebbing even as global uncertainty persists. And in the United States, three of the most valuable private companies in...