ASIA: China’s foreign exchange regulator issued guidelines on foreign exchange trading on Friday, targeting market manipulation, fraud, and abuses. The guidelines would help regulate foreign exchange market trading and promote “honest, fair, orderly, and efficient” market operations, the State Administration of Foreign Exchange said. According to the guidelines, market participants would be barred from manipulating […]

ASIA: China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll showed. Home prices are expected to drop 1.0% in H1 2022 and Property investment in H1 2022 is expected to slump […]

  The intelligence world has stated that there is “more than just a possibility” that the coronavirus came from the Wuhan lab. In this Australian-produced documentary from Sky News, former President Trump speaks on the matter. “Some of the intelligence is classified, and I can’t talk about it, but common sense tells you… I don’t […]

ASIA: Japan’s economy contracted much faster than expected in the third quarter as global supply disruptions and fresh COVID-19 cases hit business and consumer spending, raising challenges for the new government’s growth plans. The economy shrank an annualized 3.0% in July-September after a revised 1.5% gain in the first quarter, preliminary gross domestic product (GDP) […]

ASIA: China’s factory activity unexpectedly picked up in November, growing for the first time in three months as the crippling surge in raw material prices and power rationing eased, taking some pressure off the manufacturing sector. The official manufacturing Purchasing Managers’ Index (PMI) rose to 50.1 in November from 49.2 in October, data from the […]

In 2020, when the pandemic began, Joe Biden accused then President Trump of being a racist xenophobe for implementing a travel ban on Africa. The mainstream media ran with the story, as it pushed the narrative that the right was inherently racist. Now, Joe Biden has implemented an “African ban,” against South Africa and several […]

The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to the global shipping crisis. Inflation, fuel increases, and labor shortages are among the many factors that have caused shipping costs to spike. “UNCTAD’s analysis shows that the current […]

ASIA: Shares of China Evergrande New Energy Vehicle Group Ltd rose 11.1% to HK$3.92 on Monday, after the company said it planned to raise around $347 million in a share placement. Embattled property developer China Evergrande’s electric vehicle (EV) unit said it would issue about 900 million shares, or 8.3% of the enlarged capital, at […]

  ASIA: Liu Shijin, an adviser to the People’s Bank of China and member of the monetary policy committee said China’s economy could enter a period of relatively slow growth and excessively high producer-price inflation. Speaking online at the China Macroeconomy Forum over the weekend Liu said the “quasi-stagflation” is “very likely” if demand remains weak, PPI stays high, […]

Ever since 1927, when the Federal Reserve lowered interest rates in a failed attempt to help Europe, which still ended up defaulting in 1931, Keynesian economics succeeded in brainwashing the analysis of how people look at the central banks. Where the 1927 G4 attempt to lower rates in the US was intended to deflect capital […]