ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 405.02 points or 1.42% to 28,860.62 Shanghai increased 42.48 or 1.18% to 3,637.57 Hang Seng increased 13.21 points or 0.06% to 23,996.87 ASX 200 increased 91.50 points or 1.25 to 7,405.40 Kospi increased 10.08 points or 0.34% to 3,001.80 SENSEX […]

ASIA: India surpassed Brazil in food exports to the League of Arab States for the first time in 15 years as the COVID-19 pandemic disrupted trade flows in 2020, according to data provided by the Arab-Brazil Chamber of Commerce to Reuters on Tuesday. Brazil accounted for 8.15% of the total agribusiness products imported by the […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 102.20 points or -0.36% to 27,927.37 Shanghai decreased 18.13 or -0.50% to 3,589.31 Hang Seng decreased 417.31 points or -1.76% to 23,349.38 ASX 200 increased 3.90 points or 0.05 to 7,245.10 Kospi increased 4.92 points or 0.17% to 2,973.25 SENSEX […]

ASIA: China’s foreign exchange regulator issued guidelines on foreign exchange trading on Friday, targeting market manipulation, fraud, and abuses. The guidelines would help regulate foreign exchange market trading and promote “honest, fair, orderly, and efficient” market operations, the State Administration of Foreign Exchange said. According to the guidelines, market participants would be barred from manipulating […]

ASIA: China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll showed. Home prices are expected to drop 1.0% in H1 2022 and Property investment in H1 2022 is expected to slump […]

The global supply chain shortage amid rising inflation is abundantly prominent. The supply shortage could actually cause people to spend more despite rising prices. Adobe Analytics is already predicting a 10% increase in US online shopping purchases over the next month, totaling $207 billion. An Indiana Institute study explains “pandemic, panicked overbuying” amid shortages. We […]

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 […]

Reliable sources have confirmed that Klaus Schwab and even attendees have been getting such threats of violence and death that he has postponed Davos in January for the first time, claiming it is due to the pandemic, which is not true. Schwab is, at last, starting to realize that there is a price to his […]

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 […]