ASIA: China’s factory activity slumped at the fastest pace in two years in March, a private sector PMI showed, as the fallout from the Ukraine crisis and resurgence in domestic coronavirus cases hit external and domestic demand. The outcome was in line with Thursday’s official data showing activity in Chinese manufacturing and services simultaneously contracted […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 205.82 points or -0.73% to 27,821.43 Shanghai decreased 14.39 points or -0.44% to 3,252.20 Hang Seng decreased 235.18 points or -1.06% to 21.996.85 ASX 200 decreased 14.90 points or -0.20% to 7,499.60 Kospi increased 10.91 points or 0.40% to 2,757.65 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 225.17 points or -0.80% to 28,027.25 Shanghai increased 62.66 points or 1.96% to 3,266.60 Hang Seng increased 304.40 points or 1.39% to 22.232.03 ASX 200 increased 50.20 points or 0.67% to 7,514.50 Kospi increased 5.67 points or 0.21% to 2,746.74 […]

While the news is spinning this as Russia is losing for they are now negotiating, there is a lot more going on behind the curtain than people suspect – this will be a true TEST of international law. Indeed, Russia has promised to drastically scale down its military operations around Kyiv and the northern Ukrainian city […]

ASIA: Three of China’s largest banks have said that the country’s lenders face multiple headwinds this year that include the pandemic, global politics and domestic turmoil in the real estate industry. China’s banking industry is facing “a more complicated and severe business environment,” the country’s second-biggest lender by assets China Construction Bank Corp, said on […]

ASIA: China’s financial hub of Shanghai launched a two-stage lockdown of its 26 million residents on Monday, closing bridges and tunnels and restricting highway traffic in a scramble to contain surging COVID-19 cases. It is the biggest COVID-related disruption to hit Shanghai and sent prices of commodities including oil and copper lower on fears that […]

  COMMENT: Putin is a madman. He has invaded a sovereign nation and Russia has to pay for that. SV ANSWER: Obviously, you are believing the propaganda from the West. Putin has stated from the outset that he was NOT seeking to occupy or conquer Ukraine. Just look at the numbers. Estimates of Russian troop […]

ASIA: The global economic fallout of the war in Ukraine is expected to negatively impact India’s economy, while the immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. The IMF said it will lead to higher inflation and current account deficit. The major Asian stock markets had […]

ASIA: Indian banks may face some headwinds from the Russia-Ukraine crisis, which could lead to higher inflation and some stress for borrowers, S&P Global Ratings analyst informed. Indian banks’ direct exposure to Russia and Ukraine is limited, and the direct impact from the conflict is likely to be marginal, S&P analysts said. Gross non-performing assets […]

ASIA: India will issue at least 240 billion rupees ($3.3 billion) in sovereign green bonds as the country marks a shift towards a low-carbon economy, Reuters reported. The debut sale may take place in the first half of the fiscal year that starts on April 1, and a decision to sell more green debt will depend […]