ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 93.20 points or -0.33% to 28,564.37 Shanghai decreased 65.77 points or -1.95% to 3,301.26 Hang Seng decreased 321.24 points or -1.57% to 20,075.73 ASX 200 decreased 31.80 points or -0.43% to 7,330.40 Kospi decreased 18.71 points or -0.73% to 2,544.40 […]

ASIA:   Singapore’s March non-oil domestic exports (NODX) shrank 8.3% year-on-year, official data showed on Monday, though the drop was smaller than the previous month and less than forecast. On a seasonally adjusted month-on-month basis, NODX increased 18.4%, Enterprise Singapore data showed, versus the prior month’s 8.2% decline. Economists had forecast 1.7% growth. The trade […]

Do your passions include walks on the beach, traveling, and Wilhelm’s tank coordinates? Germany is warning both soldiers and politicians to be wary of Russian spies who are using dating apps, namely Tinder, to gather intel. Germany’s Military Counterintelligence Service (MAD) told the newspaper Welt am Sonntag that “members of other intelligence services (e.g. Russia) […]

ASIA:   The Bank of Japan’s Assistant Governor, Tokiko Shimizu, expressed concern about Japan’s economy due to global economic slowdown and financial market stress. She warned that the rapid interest rate hikes by the U.S. and European central banks could eventually harm global growth. While some Japanese firms are raising prices and wages, Shimizu believes […]

  ASIA: China’s consumer inflation fell to an 18-month low, rising by 0.7% year-on-year in March, slower than the 1.0% gain in February, indicating weak demand. The producer price index fell 2.5% year-on-year, the fastest decline since June 2020, falling for the sixth consecutive month. Food price inflation, a key driver of CPI, slowed to […]

COMMENT #1: Hi Martin, corn also turned nicely on the ECM: JB COMMENT #2: Hello Marty, I just want to point out that the Japanese yen broke really hard on the 10th. Not sure if this will prove to be a precursor of what is to come. Thanks from Tokyo, your old home ground. AS […]

ASIA:   China’s top central banker told attendees at an international finance meeting in Washington on Friday that rapid interest rate hikes and recent bank failures in Western countries were the major sources of global instability. Yi Gang, the governor of the People’s Bank of China, also attributed worldwide inflation in energy prices to “geopolitical […]

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 336.50 points or 1.20% to 28,493.47 Shanghai increased 19.79 points or 0.60% to 3,338.15 Hang Seng increased 94.33 points or 0.46% to 20,438.81 ASX 200 increased 37.50 points or 0.51% to 7,361.60 Kospi increased 9.83 points or 0.38% to 2,571.49 […]

ASIA:   Japan’s wholesale prices rose 7.2% in March from a year earlier, with the pace of increase slowing for the third straight month, data showed on Wednesday, offering some relief to households and firms hit by a steady rise in raw material costs. The gain in the corporate goods price index (CGPI), which measures […]

ASIA:   Australia’s Foreign Minister, Penny Wong, has urged exporters to diversify their markets and become less dependent on China as Australia cannot separate economic and strategic relationships with China. This comes after both countries reached a consensus to end their dispute over barley, with Australia suspending a case at the World Trade Organization and […]