ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 678.54 points or 2.01% to 34,441.72 Shanghai decreased 15.55 points or -0.54% to 2,877.70 Hang Seng decreased 92.74 points or -0.57% to 16,097.28 ASX 200 decreased 52.00 points or -0.69% to 7,468.50 Kospi decreased 19.26 points or -0.75% to 2,541.98 […]
ASIA: China’s central bank is signaling a commitment to maintaining loose monetary policy by reducing the required reserves for banks. Zou Lan, head of the People’s Bank of China’s monetary policy department, stated in an interview that the central bank will use various tools, including adjusting reserve requirements, to provide strong support for […]
Let’s get something straight. There have been countless attempts to conquer Russia, and they have all failed over the course of 1,000 years – yea – 1,000 years! The invaders encountered different incarnations of Russians as well. There were the Ancient Rus, the Moscow Tsardom, the Russian Empire, and most recently, the Soviet Union. The […]
ASIA: Japan emphasized the importance of promptly finalizing the signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations for debt restructuring. This comes after an agreement in principle was reached last year. Japan, along with France and India, co-chairs the committee overseeing creditor nations. Sri Lanka, facing its worst financial […]
ASIA: China’s central bank is likely to expand the pledged supplementary lending (PSL) tool further to support the struggling property sector. This follows a recent injection of 350 billion yuan ($49.1 billion) through PSL, aimed at catalyzing investments in real estate, boosting credit expansion, and driving first-quarter economic growth. The People’s Bank of China extended […]
“Could governments seize bitcoin?” That is a common question, and much to the dismay of many, my opinion does not match the typical analysis. I have lost clients due to my honesty regarding crypto. I understand many firmly believe that Bitcoin will one day become the alternative to the USD, but it is unwise to […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 175.88 points or -0.53% to 33,288.29 Shanghai decreased 12.90 points or -0.43% to 2,954.35 Hang Seng decreased 0.43 points or 0.00% to 16,645.98 ASX 200 decreased 29.10 points or -0.39% to 7,494.10 Kospi decreased 20.29 points or -0.78% to […]
ASIA: China has unexpectedly issued oil import quotas for 2024, allocating 179.01 million tons (3.59 million barrels a day) to private refiners and traders. This nearly matches the total allowances for the previous year. The move surprised the market, and with a preliminary allocation in December, the total for 2024 now stands at 183.69 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 75.45 points or -0.22% to 33,464.17 Shanghai decreased 12.66 points or -0.43% to 2,962.28 Hang Seng decreased 258.84 points or -1.52% to 16,788.55 ASX 200 increased 37.00 points or 0.49% to 7,627.80 Kospi increased 14.53 points or 0.55% to 2,669.81 […]
Europe has laid the groundwork for World War III and the destruction of Europe as a whole, all to save its failed fiscal management of the economy. Using the Ukrainian war that the West instigated by promising democratic elections to the Donbas in BAD FAITH just for being Russian, the European Union Council adopted a 12th […]
