ASIA: China will likely unleash 2.28 trillion yuan ($319 billion) of next year’s special local bond quota by the end of December, state media reported, a sign Beijing is moving early to boost growth in 2024. Authorities are expected to distribute 60% of next year’s special local government bond quota to provinces ahead of time, […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 39.28 points or -0.12% to 33,408.39 Shanghai increased 6.85 points or 0.23% to 3,038.55 Hang Seng decreased 170.92 points or -0.98% to 17,354.14 ASX 200 increased 27.60 points or 0.39% to 7,015.20 Kospi increased 26.10 points or 1.05% to 2,521.76 […]

  ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 177.86 points or -0.53% to 33,447.67 Shanghai decreased 9.27 points or -0.30% to 3,031.70 Hang Seng decreased 34.36 points or -0.20% to 17,525.06 ASX 200 decreased 53.20 points or -0.76% to 6,987.60 Kospi decreased 0.97 points or -0.04% to […]

ASIA:   In October, China experienced a slowdown in consumption rebound and a loss of momentum in private business confidence, as indicated by independent surveys and alternative data. Measures such as an indicator of consumer demand for recreation and transport, a survey of consumer sentiment, and a poll of private business sentiment all showed declines […]

  ASIA:   The major Asian stock markets had mixed day today: NIKKEI 225 increased 17.00 points or 0.05% to 32,585.11 Shanghai increased 7.56 points or 0.25% to 3,046.53 Hang Seng increased 222.95 points or 1.30% to 17,426.21 ASX 200 decreased 27.70 points or -0.40% to 6,948.80 Kospi decreased 5.90 points or -0.24% to 2,403.76 […]

ASIA:   Prices are declining again in China, raising concerns about the possibility of deflation as households and businesses remain cautious about spending. State-controlled banks are injecting money into the construction of more factories, but the drop in prices may lead to a situation where companies and workers receive less money for their goods or […]

QUESTION: Well, you projected a Middle East war two years ago. Do you see this escalating to the entire region? HGW ANSWER: You are witnessing pro-Palestinian protests on a grand scale. They are applying so much pressure; even Obama is distancing himself from Biden, and there are Democrats starting to push for him to withdraw […]

Asia – Foreign direct investment (FDI) outflows from China have exceeded inflows for the first time, largely due to tensions with the U.S. related to semiconductor technology and concerns about increased anti-spying activities. In the July-September quarter, FDI in China reached a negative $11.8 billion, reflecting more withdrawals and downsizing than new investments for factory […]

    ASIA:   The Bank of Japan has removed its 10-year bond yield ceiling of 1%, challenging the long-standing belief in a central bank ‘put.’ This belief, dating back to the days of Alan Greenspan, suggested that central banks like the Federal Reserve would always step in to support falling asset markets with monetary […]

  COMMENT: Mr. Armstrong; It is safe to say that nobody can hold a light to Socrates. Nobody has forecast war three years in advance as you did in 2011. Nobody has predicted a Middle East War in advance as you did two years ago. Even your posts on Turkey and its conflict with NATO, […]