ASIA: Japan’s economy contracted much faster than expected in the third quarter as global supply disruptions and fresh COVID-19 cases hit business and consumer spending, raising challenges for the new government’s growth plans. The economy shrank an annualized 3.0% in July-September after a revised 1.5% gain in the first quarter, preliminary gross domestic product (GDP) […]

ASIA: China’s factory activity unexpectedly picked up in November, growing for the first time in three months as the crippling surge in raw material prices and power rationing eased, taking some pressure off the manufacturing sector. The official manufacturing Purchasing Managers’ Index (PMI) rose to 50.1 in November from 49.2 in October, data from the […]

ASIA: Japan’s retail sales rose for the first time in three months in October, though less than expected, and the underlying private consumption trend pointed to persistent strains on a fragile economic recovery despite an easing of COVID-19 curbs. Retail sales rose 0.9% in October from a year earlier, government data showed on Monday, versus […]

ASIA: In its latest report, Moody’s Investors Service has projected that the economic growth in India will rebound strongly. It has pegged GDP growth for the nation at 9.3% and 7.9% in FY22 and FY23, respectively. The Reserve Bank of India has ensured that interest rates in India have remained at record lows and has also […]

ASIA: Shares of China Evergrande New Energy Vehicle Group Ltd rose 11.1% to HK$3.92 on Monday, after the company said it planned to raise around $347 million in a share placement. Embattled property developer China Evergrande’s electric vehicle (EV) unit said it would issue about 900 million shares, or 8.3% of the enlarged capital, at […]

Expect to pay at least 14% more for this year’s Thanksgiving festivities, according to the American Farm Bureau. The bureau estimates that a feast for ten will cost $53.31 this year, and I would personally like to know what grocery store has such low prices; the estimate seems drastically low. The US Department of Agriculture […]

ASIA: China’s central bank signaled possible easing measures to aid the economy’s recovery after a sharp downturn in recent months fueled by a property slump. China’s CSI 300 Index gained as much as 0.5% Monday morning on expectations of potential loosening, while the 10-year government bond futures contracts gained as much as 0.3%. The Indian […]

  ASIA: Recent outbreaks of the Delta variant have prompted travel restrictions and lockdowns in some cities in China, damping economic activities, while Beijing’s tough stance to deleverage the property sector, which contributes 14 percent to China’s gross domestic product (GDP), will further slow growth in the coming months, according to Andrew Fennell, a senior […]

ASIA: Retail sales growth in China bounced back in October, while industrial production also beat expectations. Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 4.9 percent in October compared with a year earlier, up from the 4.4 percent increase in September, and above the estimate for a […]

Bill Gates simply cannot be this stupid. He is engaging in pure sophistry to sell his population-climate change agenda. The mistake people are making here is they are judging the third world by our way of life. Gates is claiming that we need to vaccinate everyone in the world so they will have a healthier […]