For the past five years, PGIM has brought together our leading investors to debate the megatrends reshaping global markets. One consistent strand links this body of research: Asia remains the bellwether for the most promising opportunities...

Companies in financial distress and unable to make payments due to creditors often face an important choice: whether to work out an agreement with debtholders to restructure their obligations on more manageable terms, or to enter formal...

In his 2016 Budget Proposal, President Obama called for a new " middle-class economics." The president is right to seek ways to assist the middle class. Despite positive economic trends -- the United States added three million jobs in 2014...

Demands for provisions to stop currency manipulation by foreign governments have become central to the congressional debate over proposed trade agreements, including the Trans-Pacific Partnership and Transatlantic Trade and Investment...

China’s dramatic devaluation of the yuan this week has large parts of Asia worried about the prospects of a currency war, even as attention had begun to turn to the 70th anniversary of the end of World War II. Some in Beijing may well have...

HONG KONG – While China may well have hoped to focus on the end of World War II and Japan’s wartime record, the Chinese central bank’s major devaluation of the yuan this week has large parts of Asia now worried about the prospects of a...

If we required a reminder that the United States is more fully integrated into global economic and financial markets than ever, we received it by way of the latest turmoil in U.S. equity markets. By many measures, valuations had become...

Foreign direct investment has never been more important in catalyzing growth, whether in the developed or developing world. Although equity markets around the world have largely recovered since the financial crisis, global capital flows...

Older populations are growing rapidly in a number of Asian countries. As working people reach age milestones and exit the labor force, questions arise: How will the traditional retirement years be financed? What will the future hold for...

It's become common knowledge that populations are rapidly aging across the world. Increasing longevity during the last century has contributed to unprecedented global economic growth--and new opportunities for personal fulfillment that...