ASIA: Tensions are showing no signs of relief in Hong Kong after two protesters were shot by police over the weekend. Recent sparks of tensions came about due to a student dying due to falling off a building after a police raid due to the protests. Chinese commerce company Alibaba set a new sales record […]

ASIA: The Chinese Community Party has responded to US Secretary of State Mike Pompeo’s attack that claimed China is too focused on international domination and needs to be confronted. The CCP stated that his comments were extremely dangerous and exposed his sinister intentions. “Pompeo is splitting apart and setting in antagonism against each other the Chinese […]

ASIA: China announced that the US has agreed to incrementally lift tariffs once a trade deal is reached. “If China, US reach a phase-one deal, both sides should roll back existing additional tariffs in the same proportion simultaneously based on the content of the agreement,” stated ministry spokesman Gao Feng. Feng pointed to positive progressive […]

ASIA: China plans to purchase up to 10 percent of the Saudi Aramco IPO. The IPO came under some pressure after the recent attacks on Saudi’s largest oil refineries, but recently production was brought back to max capacity. China and France have announced deals worth 15 billion USD today after French President Emmanuel Macron met […]

QUESTION: As I understand you’re writings, the € is not a good currency to be in. I’m South African and stay in the Netherlands for 13 years now. I’ve been following you’re advice not to be in €’s and therefore I only have a house here that can be seen as a € investment. I […]

ASIA: According to the FT, the US is considering removing some tariffs in an attempt to make a truce in the trade war. The cuts will be for around 112 billion USD worth of goods which have had a 15% levy applied on them since September the 1st. On the news, the renminbi strengthened to […]

ASIA: US President Trump signaled on Friday that China wants to make a deal with the US. That the deal could happen in the US, more specifically the state of Iowa, signaling the fact that the trade deal will help farmers the most. In Japan, Microsoft piloted a 4-day work week and saw productivity jump […]

ASIA: The Asia Pacific trade pact is in jeopardy of stalling after India voiced last minute hesitations. The Regional Comprehensive Economic Partnership (RCEP) would free trade between 16 countries whose collective GDP composes 1/3 of the global economy. Leaders from all 16 nations are set to meet in Bangkok on Monday. However, India voiced reluctancy […]

ASIA: The US is not the only one suffering the ill effects of the trade war, as China announced its sixth consecutive month of manufacturing declines. The purchasing managers’ index (PMI) fell to 49.3 in October from 49.8 the month prior. A reading below 50 signals a contraction. Non-manufacturing fell as well to 52.8 in […]

ASIA: Chile has canceled the APEC summit due to domestic protests. The summit was due to take place next month where it was expected that the US and China may sign an agreement for “phase 1” of the trade deal. US Treasury Secretary Steven Mnuchin said today that the deal is still expected to be […]