ASIA: India’s annual wholesale price-based inflation eased marginally in December to 13.56% but remained in double digits for a ninth successive month, reflecting rising input costs for firms, many of which are steadily passing on costs to consumers. December’s figure was marginally lower from the previous month’s 14.23%, which was the highest in more than […]

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 364.85 points or -1.28% to 28,124.28 Shanghai decreased 34.00 points or -0.96% to 3,521.26 Hang Seng decreased 46.45 points or -0.19% to 24,383.32 ASX 200 decreased 80.50 points or -1.08% to 7,393.90 Kospi decreased 40.17 points or -1.36% to 2,921.92 […]

ASIA: Goldman Sachs cut its 2022 forecast for China economic growth Tuesday in expectation of increased restrictions on business activity aimed at containing the omicron Covid variant. Consumption will likely be affected the most, while exports less so, the analysts said, as they assume limited disruptions to supply chains. They expect government policy easing to offset […]

ASIA: China is aiming to eliminate the Covid-19 outbreak before Lunar New Year and the Winter Olympics in Beijing next month. Around 20 million people have been sent to ‘quarantine centres’ in various cities. People contracting the coronavirus disease (Covid-19) in China are forcefully confined to cramped metal boxes, the Daily Mail reported on Wednesday. […]

ASIA: China’s real estate sector is having a rocky start in 2022, as some of the country’s most high-profile developers struggle to shake off a crisis that has been growing for months. This week, two major credit rating agencies downgraded Shanghai-based developer Shimao Group further into junk territory. The company has been grappling with mounting […]

  Project Veritas has come up with documents that show that DARPA rejected the proposed experiments into creating a coronavirus from bats that was proposed by Eco Health Alliance which was in bed with the NIH and Fauci.     Fauci is appearing in World Economic Forum videos with everyone who is in league with […]

There is a confrontation in the wind. Sergei Ryabkov, Russia’s deputy foreign minister and special negotiator in the US-Russia talks in Geneva, bluntly states that NATO can no longer “push” Russia to a minor role in European and international politics. NATO must return to the borders of 1997. Russia is blaming the US for the […]

ASIA: India cut its forecast for economic growth in the year to the end of March to 9.2% on Friday from an earlier outlook of more than 10%, as disruptions due to the Omicron variant of coronavirus hit consumer sentiment and economic activity. The new forecast for real GDP in 2021/22 compares with a contraction […]

ASIA: China’s official economic growth target is expected to be set above 5 percent in 2022, analysts told in an interview. China enters the local “two sessions” season, when local GDP growth targets are usually announced. Beijing and Central China’s Henan Province became the latest to start their annual meetings since Wednesday. Southwest China’s Xizang […]

ASIA: India and China have mostly set aside their bilateral differences in order to champion the cause of developing countries at the World Trade Organisation (WTO). That seems to be changing. During the latest round of China’s trade policy review, India questioned its northern neighbor’s claim that it was a developing country since, going by […]