ASIA:   A wholly owned subsidiary of the Agricultural Bank of China (ABC) has been approved to set up a wealth management joint venture (JV) with BNP Paribas Asset Management, ABC said on Wednesday in an online statement. The move indicates that the potential of the Chinese wealth management sector is being further explored, with […]

Ukraine is doomed unless it removes Zelensky from power. I have warned that this guy whose only qualification is to dance in high heels, is a threat to the entire world. The West has cheered him and has been using the Ukrainian people as cannon fodder for their war to conquer Russia is endangering everyone, […]

The United States under the Biden Administration appears to have done ABSOLUTELY everything they could to ensure that President Xi Jinping would be delivered a mandate to potentially rule for life as a major meeting wraps up in Beijing. With Biden claiming the US will defend Taiwan and Pelosi hopping on flights to Taiwan to […]

ASIA:   China’s securities regulator said on Friday it plans to revise rules to make it easier for listed companies to buy back shares in a bid to bolster corporate value and protect investor interest. The China Securities Regulatory Commission (CSRC) published the draft rules as China’s benchmark CSI300 Index has lost more than 20% […]

ASIA: Japan’s inflation-adjusted gross domestic product shrank 0.3% in August from July as exports to China and Europe fell, as local demand remains sluggish, the Japan Center for Economic Research said in a report released on Tuesday. It is the first month-on-month contraction since May for the world’s third-largest economy, owing largely to external factors, […]

ASIA:   China’s central bank extended its bilateral currency swaps with European Central Bank, worth 350 billion yuan or 45 billion euros, according to a statement published on the Chinese central bank’s website on Monday. The swaps extension will help deepen bilateral cooperation and safeguard financial market stabilization, the Chinese central bank said. The International […]

I have close personal friends on all sides of this Ukrainian nightmare — Kyiv, Donetsk, and Moscow. The Russian translation for the film on me, “The Forecaster,” was done by a Ukrainian Russian-Speaking person in Donetsk. I have listened to all the sides, and all I can say is that the hatred there is engrained […]

ASIA:   Holiday spending during China’s Golden Week fell to a seven-year low as broad Covid restrictions discouraged people from traveling or spending, while a darker economic outlook continued to dent consumer confidence. Spending by tourists for the week-long holiday that began Oct. 1 fell 26% year-on-year to 287.2 billion yuan ($40.4 billion), according to […]

QUESTION: “This New World Order will fail. ” assume status quo fails before NWO fails… what will the new status quo look like? RP ANSWER: We all have opinions. In times like these, the personal opinion does not help very much for as Julius Caesar said, people believe what they want to believe. Those who […]

ASIA:   China’s GDP forecast is to be anywhere between 2.2 percent and 4.1 percent based on a survey conducted by Nikkei last month. Economists and other observers, globally, have also revised the GDP outlook for 2022 to 3.2 percent against Beijing’s official target of 5.5 percent. Compared to the second quarter when the economy […]