ASIA: Ant Group’s highly anticipated IPO has been suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China, an abrupt move that threatens what was due to be the largest share sale in history. The Shanghai Stock Exchange said in a statement on Tuesday that it had postponed the company’s […]

ASIA: China’s gasoline demand could hit a peak around 2027, according to a new report from Goldman Sachs. Demand could fall by around 6 percent from that peak by 2030. However, Goldman Sachs does not see crude oil demand hitting a peak this decade, “due to sustained non-OECD economic growth.” In the next five years, […]

  ASIA: Chinese leaders met Monday to formulate an economic blueprint for the next five years that is expected to emphasize the development of semiconductors and other technology at a time when US is cutting off access to US technology. President Xi Jinping’s government is working to promote self-sustaining growth supported by domestic consumer spending […]

ASIA: Some Chinese banks have phased out the use of the “counter-cyclical” factor in the pricing mechanism of the yuan’s central parity rate against the greenback, according to the China Foreign Exchange Trade System (CFETS). Market-making banks have made the move on their own initiative based on their judgment of economic fundamentals and market situations, […]

COMMENT: For months now you have been saying that these elections will be the most corrupt ever (‘Our Model still shows a Trump Victory if it is a legitimate election’). Trump is repeating this message as well and obviously his voters have been indoctrinated as well. So far, no evidence whatsoever, just heating up emotions. […]

ASIA: China on Tuesday asked India to approach ties with Taiwan “prudently and properly,” and said it would “firmly oppose” any official exchanges between New Delhi and Taipei. The statement from China’s Foreign Ministry came in response to reports that India and Taiwan were considering going forward with talks on a trade deal. India and […]

QUESTION: Marty, you mentioned several times now, that the ECB MUST convert to a digital Euro. I have done speeches about that based on a paper from the IMF (Christine Lagarde) last year, in which they too discuss how to do it. But I have a serious question regarding timing. I live in Germany and I would […]

QUESTION:  I thought big police forces are malinvestment just like big government. doesn’t returning to hard money reduce malinvestments? BF ANSWER: These people can no longer fund themselves by borrowing. I have been advising in Europe that the Euro could never become a major reserve currency without a single debt. They are now looking at […]

COMMENT: meine bank – volksbank düsseldorf-neuss – hat mir mein laufendes konto gekündigt,weil ich mich geweigert habe, eine maske zu tragen und zwar im vorraum der filiale, wo sonst niemand war! ich hatte mein med. attest vorgezeigt und daher keine maske getragen. ich bin kunde und teilhaber der genossenschaftsbank seit 1977 und hatte auch viele […]

ASIA: China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body’s rules, Reuters reported. A representative for China said at the closed-door meeting on Friday that the measures “are clearly inconsistent with WTO rules, restrict cross-border trading services […]