ASIA: Stocks in Hong Kong slumped and those in mainland China tumbled by the most in more than two years as Covid-19 outbreak spread to Beijing with some areas in the capital coming under lockdown, heightening economic losses. The Hang Seng Index sank 3.7 percent to 19,869.34 at the close, its lowest level since March […]

Of course, Macron won amid allegations of vote tampering. If a ballot was torn in any way, which seems to have been those of Le Pen, they were just discarded. There was NO POSSIBLE WAY that the EU would have allowed Le Pen to win for she would have upset the EU and gone against […]

ASIA: Singapore’s economy grew 3.4 percent year-on-year in the first quarter of 2022, according to advance estimates released by the Ministry of Trade and Industry (MTI). This marked a slower pace than the previous quarter when the economy expanded 6.1 per cent. Economists polled by Reuters had expected growth of 3.8 percent. The slowdown in the first quarter was largely […]

ASIA: Tata Steel will stop doing business with Russia, India’s largest steelmaker by revenue said on Wednesday, making it the latest global company to cut ties with the country for invading Ukraine. Tata Steel is among only a handful of Indian companies that have halted business with Russia, with the move coming even as India […]

ASIA: OPEC’s share of India’s oil imports for the 2021/22 financial year remained almost flat year on year, arresting sharp declines over the past six years, as refiners snapped up short-haul crude from the middle east to counter rising global prices. Total crude imports by the world’s third biggest oil importer and consumer rose by […]

ASIA: China’s economy grew 4.8 percent in the first quarter, the National Bureau of Statistics said Monday, warning of “significant challenges” ahead as a resurgence of the coronavirus threatens Beijing’s ambitious annual target. China’s gross domestic product growth was better than expected at 4.8 percent on-year in the first quarter, said the NBS on Monday, […]

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 293.48 points or -1.08% to 26,799.71 Shanghai decreased 15.72 points or -0.49% to 3,195.52 Hang Seng closed ASX 200 closed Kospi decreased 2.85 points or -0.11% to 2,693.21 SENSEX decreased 1,172.19 points or -2.01% to 57,166.74 Nifty50 decreased 302.00 points […]

  I recently appeared on the cover of “Smart Investor” after being approached by journalist Ralph Malisch. Click here to read the full interview (German). The English translation is available below: Smart Investor talks to legendary cycle analyst Martin Armstrong about Corona, war and reshaping the world Smart Investor: Mr. Armstrong, in 2015, The Forecaster, […]

ASIA: The World Bank cut its economic growth forecast for India and the whole South Asian region on Wednesday, citing worsening supply bottlenecks and rising inflation risks caused by the Ukraine crisis. The international lender lowered its growth estimate for India, the region’s largest economy, to 8% from 8.7% for the current fiscal year to […]

ASIA: China’s imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to expect a worsening in trade in the second quarter. Inbound shipments fell 0.1% in March from a year earlier, marking the first decline since August […]