Asia: U.S. President Donald Trump said he had walked away from a nuclear deal at his summit with Kim Jong-un on Thursday as they cannot accept the demands from each other. Kim Jong-un pressed for the end of the US sanctions, however Trump declined as this was not possible until proof of total nuclear disarmament […]
Asia: Most of the Major Asian stock indexes increased today apart from the Hang Seng dropping 30.79 points (-0.11%) to 28,740. The Nikkei 225 gained 107 points or 0.5% to 21557; the Shanghai Composite added 12 points or 0.4% to 2954; the Kospi went up 8 points or 0.4% to 2235 and the ASX 200 closed 22 […]
Asia: Most of the major Asian stocks decreased today after yesterday’s impressive rise, particularly in the Shanghai Composite. The Shanghai dropped 63bps to 2943 today. Nikkei decreased -0.37bps to 21449; Kospi decreased 25bps to 2227; Hang Seng and ASX 200 decreased 65bps and 94bps to 28772 and 6128 respectfully. Gold did not absorb any of […]
This year we are holding a WEC in Rome, which is so appropriate not merely because of its extensive history that instructs us on how empires rise and fall, but because May is the crossroads for Europe. Besides BREXIT which PM Theresa May is now trying to delay because politicians fail completely to comprehend the role […]
Asia: Major global news today regarding the US China trade talks. President Trump tweeted on Sunday that the US and China have made substantial progress with the trade talks, extended trade talks were made during the weekend and the deadline for the tariff increase has subsequently been postponed. However, he did stress that an agreement […]
Asia: The global markets reacted to the following news of President Trump expectations to meet with Chinese Vice Premier Liu later in the day to conclude US-China trade talks. Investors were really optimistic about the news, which pushed up most of the major Asian stock markets today. The Nikkei 225 was not to follow […]
Asia: Reports from Asia state that China is proposing an agricultural deal worth up to 30 bn a year. This would mean that China would have to source products from the US such as soybeans, corn and wheat. However, this news has failed to inspire any excitement in the Chinese markets today as the […]
At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the annual poverty line. It also reflects something that most people are unaware of — in Illinois, there are more than 19,000 retired teachers who get OVER $100,000 per […]
Asia: The markets had a stronger sense of direction today compared to yesterday with the majority of the markets in the green. After Trump’s comments alluding to the 1st of March as being a date which wasn’t necessarily set in stone, the Nikkei 225 rose 60 bps and the Shanghai added 20 bps more. […]
Asia: The Asian markets were mixed today. The Nikkei 225 rose by 10 bps and the Shanghai composite rose by 5 bps. The Kospi and Hang Seng slipped 24 bps and 42 bps respectively. A mixed day with the US-China trade deal still being a backdrop of the month. With the month end looming, […]
