ASIA:   The major Asian stock markets had a mixed day today:   NIKKEI 225 decreased 315.82 points or -1.20% to 26,107.65   Shanghai decreased 48.68 points or -1.43% to 3,355.35   Hang Seng decreased 266.41 points or -1.22% to 21,586.66   ASX 200 decreased 34.80 points or -0.52% to 6,594.50   Kospi decreased 49.77 […]

ASIA: India’s gold imports in June nearly trebled from year-ago levels on correction in prices and as jewelers replenished inventories after robust sales during a key festival, Reuters reported. Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, but the surge may increase India’s trade deficit and put pressure on ailing […]

ASIA: China’s huge manufacturing and service industries just saw their first month of growth since February, according to surveys published Thursday, as Covid restrictions were eased in many cities. But the shadow of further lockdowns still looms over the world’s second biggest economy as Beijing sends mixed messages about the best way out of the […]

ASIA: China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau of Statistics (NBS) […]

ASIA: Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar with the G7 discussions said on Tuesday, adding the two major oil consumers would have incentives to comply. The price-per-barrel cap level had not yet been determined, […]

ASIA: China’s Premier Li Keqiang said that China’s economy has recovered to some extent, but its foundation is not solid. Speaking to state media he further added that China will strive to drive the economy back onto a normal track and bring down the jobless rate as soon as possible. China’s nationwide survey-based jobless rate […]

  ASIA: China’s economy showed some improvement in June as Covid restrictions were gradually eased, although the recovery remains muted. Economic activity picked up in June after financial hub Shanghai lifted its lockdown, allowing businesses to restart and most residents to leave their homes. That can be seen in a rebound in small business confidence, which […]

  The press has done nothing but put forward present propaganda and they are driving the world into the arms of death. Once upon a time, the world leaders gathered together for a conference in Munich to discuss WORLD PEACE and SECURITY. Today, they seem to conspire on how to bring the world into the […]

    ASIA: A shortage of cash dollars and forward market intervention by the Reserve Bank of India which has pushed onshore 1-year forward premiums to their lowest levels in more than a decade could pressure the rupee to new lows, traders and analysts said. The one-year annualized forward premium stood at 2.91% at 0830 […]

ASIA: Chinese President Xi Jinping made a rare statement Wednesday about his country’s aims to achieve its economic goals for the year. Investment analysts have cut their forecasts for China’s GDP growth to well below the official target after stringent Covid controls restricted business activity in the last few months. The median GDP forecast among […]