From the category archives:
The Group of Seven industrialized nations have adopted a more conciliatory tone against China’s handling of its currency.
At a time when economic rhetoric between the U.S. and China has increased, a disturbing trend, officials from both sides have reaffirmed the importance of a cooperative relationship. As the world’s largest creditor nation, China can expect to [...]
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The Japanese government is preparing additional stimulus measures to the amount of up to 30 trillion yen to boost their ailing economy.
A combination of factors have made this necessary, an ever rising yen has dampened export growth, the credit crunch has made operations difficult for corporations and the global recession shrank the Japanese economy by 12.7% [...]
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Emerging markets are seeking to emulate Chinese fiscal stimulus success. New numbers out of Beijing confirm their four trillion yuan stimulus package announced in November is already taking effect. Construction on several billion dollar projects started in December, offering employment for some and raising property values for others, amongst other effects. While it is indisputable that China has [...]
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Chinese wholesale inflation fell to negative 3.3% in January compared to a year earlier, effectively ending the inflationary spiral regulators were afraid of in the lead up to the Beijing Olympics last August. However, the latest numbers out of Beijing now bring a threat of deflation to the world’s third-largest economy.
Our comment: The decline is [...]
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Asian markets extended their pre-weekend rally on Monday as better than expected numbers out of Japan helped investors focus on positive news out of Tokyo and Washington.
Japanese machinery orders in December only dropped 1.7%, a significant improvement over the 8.9% expected by economists polled by Dow Jones Newswires and a drastic improvement over the 16.2% [...]
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I know China has taken its lumps in the last year. But despite all the bad news you’re hearing about China, I maintain that China is not in anywhere near as bad shape as the press and other pundits are leading you to believe. I’m back on-the-ground in Asia now and lots of exciting things [...]
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Jan 5, 2009 (WALL STREET JOURNAL) — As the U.S. seeks to stockpile oil, China has been doing the same, observers say, and is expected to quicken the pace — a development that already may be helping to boost oil prices.
On Friday, the U.S. Department of Energy said that amid low oil prices, it aims [...]
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Jan 6, 2009, BEIJING (REUTERS) — China’s economy will probably grow by about 8 percent this year, the central bank’s research bureau and other economists forecast on Tuesday, the latest expressions of confidence that authorities can engineer a soft landing.
Many independent analysts have predicted a sharp slowdown for the world’s fourth-largest economy, to as little [...]
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Gold demand is exploding higher … shouldn’t be a surprise. – Larry
RECORD DOLLAR DEMAND FOR GOLD AS WORLD LOOKS FOR HAVEN FROM TURMOIL
November 19, 2008 (WORLD GOLD COUNCIL) — Dollar demand for gold reached an all time quarterly record of US$32bn in the third quarter of 2008 as investors around the world sought refuge from [...]
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The IEA confirms what I’ve been saying all along: There isn’t enough oil supply on the planet to meet demand. And that’s not about to change anytime soon. A new oil supply crunch looms as oil companies have put the brakes on sorely needed investment to increase oil production to satisfy future demand and to offset the accelerating [...]
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