ASIA: China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy. The country has signaled in recent weeks that it still wants to meet its growth target of 5.5% this year. China’s Politburo meeting on April 29 sent a “strong […]

ASIA: China’s consumer and producer prices rose more than expected in April, according to data from the National Bureau of Statistics released Wednesday. The consumer price index rose by 2.1% last month from a year ago, boosted by a surge in energy and fresh vegetable costs. The reading topped expectations for a 1.8% rise forecast […]

ASIA: India has asked its central bank to either buy back government bonds or conduct open market operations to cool yields that have hit their highest since 2019, as inflation risks push foreign investors to sell, a government source told Reuters on Monday. The 10-year benchmark bond ended at 93.69 rupees on Monday, yielding 7.46%, […]

ASIA: Japan’s services sector activity expanded for the first time in four months in April, as consumer sentiment recovered after the government lifted coronavirus curbs following a decline in domestic Omicron infections. The final au Jibun Bank Japan Services Purchasing Managers’ Index (PMI) rose to a seasonally adjusted 50.7 from the previous month’s final of […]

ASIA: Activity in India’s dominant services sector grew at its fastest pace in five months in April on strong demand, prompting firms to add jobs for the first time since November, a private survey showed, but sky-rocketing inflation remained a major concern. The S&P Global India Services Purchasing Managers’ Index rose to 57.9 in April […]

QUESTION: Been following Martin since 2008 (Gold ride) – he is the only one who has been right AU and AG top 2011. ****Important question for Martin, please How can the fed raise rates with governments owing so much debt please ???? what are the consequences of debt restructured? 100 year treasury real estate Thanks […]

ASIA: India’s central bank raised its main lending rate off record lows in a surprise move on Wednesday to contain rising inflation, shocking markets and pushing the benchmark 10-year bond yield to its highest levels in three years. The Reserve Bank of India raised the repo rate – the rate at which it lends to […]

ASIA: China’s central bank on Wednesday pledged monetary policy support to ensure ample liquidity, help businesses badly hit by the latest COVID-19 outbreak in the country and support a recovery in consumption. Financing institutions should aim to meet the needs of the real economy, the PBOC said, such as boosting financing for small firms with […]

ASIA: The Japanese yen weakened to more than 130 to the dollar on Thursday for the first time since April 2002, after the Bank of Japan reinforced its commitment to low interest rates despite rising inflation. On Thursday, the bank said it would purchase 10-year Japanese government bonds at a yield of 0.25% every business […]

ASIA:China supports crisis-hit Sri Lanka’s decision to work with the International Monetary Fund (IMF) to restructure its debt, Beijing’s ambassador Qi Zhenhong told Sri Lankan Finance Minister Ali Sabry at a meeting on Monday. Sri Lanka last month unilaterally suspended external debt repayments before approaching the IMF for help. China is one of Sri Lanka’s […]