ASIA:   India’s youth population has been a source of economic optimism, but declining fertility rates are leading to a rapid aging of the population. According to a recent United Nations report, India’s elderly population (over 60 years old) is expected to grow by 41% between 2021 and 2031, and they will outnumber children under […]

ASIA: The ruling Communist Party of China has expelled Liu Liange, the former chairman of the state-owned Bank of China, from the party due to allegations of illegal activities and bribery. The Central Commission for Discipline Inspection (CCDI) accused him of granting loans illegally, causing financial risks, importing prohibited publications, accepting bribes, and enjoying entertainment […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 14.90 points or -0.05% to 31,857.62 Shanghai closed Hang Seng increased 436.63 points or 2.51% to 17,809.66 ASX 200 increased 23.80 points or 0.34% to 7,048.60 Kospi closed SENSEX increased 320.09 points or 0.49% to 65,828.41 Nifty50 increased 114.75 points […]

ASIA:   S&P Global Ratings has kept India’s growth forecast for the current fiscal year at 6%. This decision is based on factors such as the global economic slowdown, increased risk of below-average monsoons, and the delayed impact of interest rate hikes. Although the agency views the recent surge in vegetable prices as temporary, it […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 218.81 points or -0.66% to 33,023.78 Shanghai decreased 16.39 points or -0.52% to 3,108.57 Hang Seng decreased 111.57 points or -0.62% to 17,885.60 ASX 200 decreased 33.30 points or -0.46% to 7,163.30 Kospi increased 0.53 points or 0.02% to 2,559.74 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 139.08 points or -0.43% to 32,467.76 Shanghai increased 26.06 points or 0.84% to 3,142.78 Hang Seng decreased 105.62 points or -0.58% to 18,096.45 ASX 200 increased 35.60 points or 0.50% to 7,192.30 Kospi increased 9.20 points or 0.36% to 2,556.88 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 97.58 points or 0.30% to 33,036.76 Shanghai decreased 22.69 points or -0.71% to 3,154.37 Hang Seng decreased 387.25 points or -2.06% to 18,456.91 ASX 200 decreased 4.50 points or -0.06% to 7,314.30 Kospi decreased 2.37 points or -0.09% to 2,582.18 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 285.88 points or 0.88% to 32,619.34 Shanghai decreased 17.26 points or -0.55% to 3,119.88 Hang Seng decreased 100.80 points or -0.55% to 18,382.06 ASX 200 increased 7.60 points or 0.10% to 7,305.30 Kospi decreased 4.95 points or -0.19% to 2,556.27 […]

ASIA:   Japan’s economy grew at a surprisingly fast pace in the second quarter of the year, driven by strong auto exports and an increase in tourist arrivals. This growth of 6.0% on an annualized basis and 1.5% quarterly exceeded expectations, with GDP reaching a new high. This growth rate was the fastest since the […]

While some economists are flipping from pessimistic to increasingly optimistic the US will beat inflation without a near-term recession, some still preach the standard doom & gloom prophecy for the economy. Everything in their field always turns on the Keynesian Model of interest rates, with the standard fallout from higher interest rates always will depress […]