ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 13.44 points or 0.05% to 26,800.98 Shanghai decreased 2.56 points or -0.07% to 3,449.38 Hang Seng decreased 35.10 points or -0.13% to 26,532.58 ASX 200 increased 1.70 points or 0.03% to 6,590.20 Kospi increased 41.65 points or 1.58% to 2,675.90 SENSEX […]

ASIA: India on Monday didn’t join other members of the Shanghai Cooperation Organization (SCO) in backing China’s Belt and Road Initiative (BRI), which New Delhi has consistently opposed as a key part of it passes through Pakistan-occupied Kashmir (PoK). India’s central bank monetary policy committee is expected to leave interest rates unchanged when it meets […]

ASIA: Prime Minister Scott Morrison on Monday demanded an apology from the Chinese government for tweeting a “falsified” and “repugnant” image of an Australian soldier killing a child in Afghanistan, amid escalating political tensions between Canberra and Beijing. Morrison said Australia has reached out to the Chinese government and also contacted Twitter to have the […]

COMMENT: I admit I have been a gold bug and I bought into Bitcoin. I have been following Socrates since you began forecasting Bitcoin. I want to say that it has convinced me that these fundamental forecasts are just like fake news. When Socrates said gold would decline and then Bitcoin would rise, that made […]

ASIA: Australia has hit out at “needlessly” worsening relations with China, with the country’s prime minister appealing for smaller nations not to be caught in the crossfire of Sino-US rivalry. Morrison insisted Australia wanted “mutually beneficial” relations with both its largest trading partner and the United States, while having the right to pursue its own […]

ASIA: Zheng Yongnian, the Dean of the Advanced Institute of Global and Contemporary China Studies, a Shenzhen-based think tank, has said that the Chinese government should utilize every opportunity to mend ties with the US, South China Morning Post has reported. Mr Zheng, who attended a symposium hosted by President Xi Jinping in August to offer […]

  A massive protest has taken place today in Paris on Saturday, November 21, 2020. This is in Human Rights Square at Trocadero in Paris. Demonstrators were gathering to protest against the so-called ‘global security‘ bill in France. The ‘global security‘ bill, was approved on Friday evening by the French National Assembly. It makes it […]

ASIA: President Xi Jinping would like to poise China as the new financial capital of the world as the Western economy continues to decline. President Xi said that China’s “resilience and vitality” will help maintain its “super-sized” economy. In what some saw as a swipe at US President Trump’s “America First” policy, Xi touted China’s […]

ASIA: The Chinese government issued debt at a negative interest rate for the first time on Wednesday in a bond sale that attracted significant investor interest, according to Deutsche Bank (DB), one of the banks that helped arrange the transaction. Faced with ever lower interest rates at home, European investors snapped up the bulk of […]

ASIA: China has declared Australia must take the blame for “a sharp downturn” in relations between the two countries, with a Foreign Ministry spokesman saying all responsibility is on “some people in Australia (who) tend to regard China’s development as a threat.” Relations between Australia and China have been frosty for years, but the situation […]