Typhoon Mangkhut Killed 28 in Philippines, Now Hammering South China

Typhoon Mangkhut Killed 28 in Philippines, Now Hammering South China

Typhoon Mangkhut Killed 28 in Philippines, Now Hammering South China Hong Kong and southern China are on Red Alert Sunday as strong winds and heavy rain from super Typhoon Mangkhut lashed the densely populated coast, a day after the biggest storm of the year left at least 28 dead from landslides and drownings in the […]

President Trump Wants $267-B More in China Tariffs Despite Talks

President Trump Wants $267-B More in China Tariffs Despite Talks

President Trump Wants $267-B More in China Tariffs Despite Talks $AAPL, $WMT, $TGT President Trump threatened a 3rd tranche of tariffs on another $267-B of Chinese imports this past week, which would mean levying duties on nearly everything China exports to the US. President Trump said at the time those tariffs were “ready to go […]

Philippines Seeing Typhoon Manghut’s Damage, Casualties, Heavy Rains

Philippines Seeing Typhoon Manghut’s Damage, Casualties, Heavy Rains

Philippines Seeing Typhoon Manghut’s  Damage, Casualties, Heavy Rains Saturday, Philippine officials were assessing damage and checking on possible casualties as Typhoon Mangkhut pummeled the northern breadbasket with ferocious wind and rain that set off landslides, damaged an airport terminal and ripped off tin roofs. There are no immediate deaths reported but Defense Secretary Delfin Lorenzana […]

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck $GLD, $SLV, $USD, $CNH Precious metals finished up Friday despite its dips during the week. Precious metals were up on Friday despite many taking dips earlier in the week. Plus we run through key stories in the space for the week. Both gold and silver prices finished up Friday, 14 […]

China Disappears A-List Actress Fan Bingbing

China Disappears A-List Actress Fan Bingbing

China Disappears A-List Actress Fan Bingbing Fan Bingbing, 36 anni, an A-list Chinese movie star who has appeared in the “X-Men” and “Iron Man” film franchises, has more than 62-M followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared. The star dropped out of sight in June when […]

Gold Dips on News of Resumed US-China Trade Talks

Gold Dips on News of Resumed US-China Trade Talks

Gold Dips on News of Resumed US-China Trade Talks $GLD, $SLV, $USD Gold pared gains as China became a focus point again The possible progress in the trade dispute pressured the USD. Gold prices dipped Thursday as investors purchased riskier assets instead of seeking a safe-haven in gold, on news a new round of US-China […]

Cryptocurrency Prices May Be Headed Higher

Cryptocurrency Prices May Be Headed Higher

Cryptocurrency Prices May Be Headed Higher $BTCUSD,$ETHUSD Cryptocurrencies seem to make recoveries when all hope lost, and Thursday’s price action of the world’s 2nd largest cryptocurrency, Ether (ETH) and many others is no exception. Several of the Top 10 cryptocurrencies by market capitalization are reporting 24-hour gainers above 10%, including monero (XMR), litecoin (LTC), and […]

 The Trump Economy Is ‘Killing It’ Right Now

 The Trump Economy Is ‘Killing It’ Right Now

 The Trump Economy Is ‘Killing It’ Right Now $DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow urges all Americans to give President Donald Trump’s negotiating strategy more time because the “entire world” will benefit if all goes if planned because he “is doing the Lord’s work.” As evidence, Mr. Kudlow offers the […]

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]

Forex: Optimism Ahead of US-China Trade Talks Cap USD, Support RMB Yuan

Forex: Optimism Ahead of US-China Trade Talks Cap USD, Support RMB Yuan

Forex: Optimism Ahead of US-China Trade Talks Cap USD, Support RMB Yuan $USD/CNY In New York Wednesday US Dollar (.DXY) Index finished down 0.5% at 94.75, approaching its August low (94.43). The Buck saw some slight strength in overnight trade, but a slide to lows took place after the release of a cooler than expected […]

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern $GLD, $SLV Gold prices held steady during Asian trade Tuesday as investors remained on the sidelines amid expectations of a Fed interest rate hike later this month and on fears of an escalation in the US-China trade dispute. Spot gold was mostly unchanged at 1,195.79 oz […]

The Most Beautiful Temples in the World

The Most Beautiful Temples in the World

The Most Beautiful Temples in the World Asia’s cultural heritage is as far and wide as its geography. From Buddhism to Hinduism, Taoism and beyond, Asia’s deep religious traditions vary from country to country, and in some cases, region to region. Asia-wide temple trail will take the traveler from the Buddhist monasteries of the East […]

Asia’s Super Rich Advised to Add More Gold to Portfolios

Asia’s Super Rich Advised to Add More Gold to Portfolios

Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]

President Trump to Apple, “Start building new plants now. Exciting!

President Trump to Apple, “Start building new plants now. Exciting!

President Trump to Apple, “Start building new plants now. Exciting! $AAPL Yes, some Apple (NASDAQ:AAPL) products may become more expensive if The Trump Administration imposes “massive” additional tariffs on Chinese-made goods, but President Trump says the tech company can fix the problem by moving production to the US. “Start building new plants now. Exciting!” President […]

President Trump’s Mexico Trade Deal a Look at the Future

President Trump’s Mexico Trade Deal a Look at the Future

President Trump’s Mexico Trade Deal a Look at the Future President Donald Trump has sidestepped conventional processes, protocols and procedures in trade negociations Last Monday, the US reached a preliminary trade agreement with Mexico that addresses several American grievances. A similar deal with Canada may also to be on track. These breakthroughs, combined with an easing […]

US Stocks Indexes Paused, Dipped After Record Runs

US Stocks Indexes Paused, Dipped After Record Runs

US Stocks Indexes Paused, Dipped After Record Runs $DIA, $SPY, $QQQ, $RUTX, $VXX Stock indexes pulled back from record highs Thursday, as President Trump said he wants to impose tariffs on $200-B worth of Chinese goods next week. President Trump has not made his final decision regarding this new round of tariffs on China, the […]

US Farm Aid Package Includes Direct Payments to Farmers

US Farm Aid Package Includes Direct Payments to Farmers

US Farm Aid Package Includes Direct Payments to Farmers $SOY, $CORN, $WEAT Monday, the US Department of Agriculture (USDA) said its $12-B farm aid package would include $4.7-B in direct payments to farmers to help offset losses from retaliatory tariffs on American exports this season. The bulk of the payments, $3.6-B, would be made to Soybean […]

President Trump Approaches His ‘Reagan Moment’

President Trump Approaches His ‘Reagan Moment’

President Trump Approaches His ‘Reagan Moment Economist Mohamed El-Erian predicts that President Donald Trump sees a 60% chance that President Donald Trump’s hard line with China and Europe yields “fairer trade.” The chief economic adviser to Allianz SE also set some other odds in a recent TV interview. El-Erian puts a 15% chance on a “Reagan moment” […]

Alibaba Results a Positive for V-More

Alibaba Results a Positive for V-More

Alibaba Results a Positive for V-More Ecommerce giant Alibaba said on Thursday that its revenue jumped 61 percent in the latest quarter as its core e-commerce segment chugged along, but profit for the period was dragged down by a one-off expense. V-MORE is a unique international e-commerce platform that currently caters to China , Singapore, […]

On the Resolution of China and NAFTA Trade Talks US Stock See Next Leg North

On the Resolution of China and NAFTA Trade Talks US Stock See Next Leg North

On the Resolution of China and NAFTA Trade Talks US Stock See Next Leg North $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wharton School finance professor Jeremy Siegel advised savvy investors that the current Bull market could extend as much as 10% higher if the US were to settle its trade dust-up with China and reach a […]

The $87m Bitcoin Heist

The $87m Bitcoin Heist

The $87m Bitcoin Heist Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies. Police in the northern city of Xian began investigating in March when a victim surnamed Zhang complained […]

The Chinese Economy “looks terrible, it is collapsing”

The Chinese Economy “looks terrible, it is collapsing”

The Chinese Economy “looks terrible, it is collapsing” $USDCNY President Trump’s economic adviser Larry Kudlow says the Chinese economy “looks terrible.” Asked by President Donald Trump to assess China’s prospects this week at a cabinet meeting,Mr.  Kudlow declared that “their economy is just heading South,” citing “the latest batch of numbers” from China’s markets. “I’m not a […]

G-Bit Targets Belt and Road Ecommerce

G-Bit Targets Belt and Road Ecommerce

G-Bit Targets Belt and Road Ecommerce G-Bit has announced the acquisition of a cross border ecommerce platform that incorporates WeChat, Alipay, Bitcoin and Tmall in to a seamless online venue for everything from Real Estate to Retail. The company acquired has investments in Real Estate and manufacturing that will fill the distribution channel created by […]

Protests Mount as Google “Good” Image is Questioned

Protests Mount as Google “Good” Image is Questioned

Hundreds of Google employees have signed a protest letter over the company’s reported work on a censor-friendly search engine to get back into China, The New York Times said Thursday. The employees are demanding more transparency so they can understand the moral implications of their work, said the Times, which obtained a copy of the […]

Trade Talks Moving Ahead, Deals With China and Mexico Near

Trade Talks Moving Ahead, Deals With China and Mexico Near

Trade Talks Moving Ahead, Deals With China and Mexico Near Trade talks toresume with China later this month, and US Trade Representative Robert Lighthizer is “getting close” to reaching a trade deal with Mexico, National Economic Council Director Larry Kudlow said Thursday. However, he said in a TV interview that the Chinese government should not […]

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade Wednesday, The Trump Administration imposed additional sanctions on 3 foreign companies the US Treasury Department sayd are helping NKorea with illicit shipments of goods to fund its nuclear program. The US Treasury Department said it was taking action against the companies, which are based in China, […]

Has Trump Created a Monster

Has Trump Created a Monster

Has Trump Created a Monster The trade battle started by the USA has had a not-so-unexpected consequence, China and Russia have been had at work building international allies to fight the US sanctions. New trade deals have been done at an alarming rate across the world, Americas inaction in South America and Africa have left […]

China Continues to Seek FDI

China Continues to Seek FDI

China’s securities regulator said it will allow individual foreign investors working in the country to buy and sell yuan-dominated Chinese A-shares, the latest incremental step by Beijing to widen access to its long-cloistered equities markets. The change would go into effect on September 15 and also applies to foreign employees of Chinese-listed companies who are […]

China Seeks to Settle Trade War

China Seeks to Settle Trade War

China Seeks to Settle Trade War China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said Thursday, the first public meeting on the subject in weeks as the trade conflict intensifies. Vice Commerce Minister Wang Shouwen, the deputy representative on international trade negotiations, will […]

China Takes an Economic Hit in Trade War

China Takes an Economic Hit in Trade War

The Chinese economy is displaying further signs of weakness, with data Tuesday showing investment slumped to a record low in the first seven months of the year and retail sales slowed. Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports and towards personal consumption, while at the […]

China’s Political and Economic Waters Look Choppy

China’s Political and Economic Waters Look Choppy

China’s Political and Economic Waters Look Choppy As China’s leaders gather for their annual Yellow Sea retreat, its political and economic waters look choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as […]

Travel Etiquette: What We All Should Know and Practice

Travel Etiquette: What We All Should Know and Practice

Travel Etiquette: What We All Should Know and Practice Travel is a super experience, but there is an unwritten set of rules governing the travelers behavior. From the expectations of other tourists to ingrained traditions and customs of the country or region we are visiting, and we do not want to offend. To avoid making […]

China Gets a Trade Boost as Sanctions Lift USD

The recent fall of the yuan has been a boon to Chinese exporters facing a trade war with the United States, but it poses financial risks that could prompt Beijing to prop up its currency. While markets are spooked by the standoff between the world’s two biggest economies, a weaker currency makes exporters’ goods cheaper, […]

US Trade Dust-up Causes Rift in Chinese Leadership

US Trade Dust-up Causes Rift in Chinese Leadership

US Trade Dust-up Causes Rift in Chinese Leadership A growing trade dispute with the US is reported to be causing rifts within China’s Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the US position. President Xi Jinping still has a firm grip on power, but an unusual surge […]

Iran Deal was Fatally Flawed, the Reinstatement of Sanctions is in Order 

Iran Deal was Fatally Flawed, the Reinstatement of Sanctions is in Order 

Iran Deal was Fatally Flawed, the Reinstatement of Sanctions is in Order The United States should never have entered into the international nuclear deal with Iran, and President Donald Trump is right to choose a stronger stance against the country’s regime, Representative Lee Zeldin (R-NY) said Tuesday. “I think it is outstanding,” the New York Republican […]

North Korea Aims for Economic Recovery

North Korea Aims for Economic Recovery

North Korea’s media on Sunday reported leader Kim Jong-un’s aggressive on-site inspections of key sites for economic reconstruction amid lackluster progress in denuclearization talks with the United States. The Rodong Sinmun, the daily of the North’s ruling Workers’ Party, said that since late June, Kim has traveled to some 20 sites in North Pyongan Province, […]

Russia Sells US Treasuries, Buys Gold

Russia Sells US Treasuries, Buys Gold

Russia Sells US Treasuries, Buys Gold $GLD Russia is buying Gold, and selling its US Treasuries to avoid “political blackmail,” according to a precious metals market analyst. “This is also a kind of political declaration, stating that countries which have too many dollars can become the object of political blackmail,” the expert, Munich-based Dimitri Speck […]

President Trump, “Tariffs Are Working, US and China Are Talking”

President Trump, “Tariffs Are Working, US and China Are Talking”

President Trump, “Tariffs Are Working, US and China Are Talking” Saturday, US President Donald Trump defended his use of tariffs against China and other countries, saying the trade measures are “working far better than anyone ever anticipated.” “Tariffs have had a tremendous positive impact on our Steel Industry,” he said in a Tweet. “Plants are […]

China Fires Back in Trade War

China Fires Back in Trade War

China’s new countermeasures to impose additional tariffs on about 60 billion U.S. dollars worth of products from the United States are “rational and restrained,” a spokesperson with the Ministry of Commerce (MOC) said Friday. The Customs Tariff Commission of the State Council on Friday unveiled lists of 5,207 items of U.S. products to be subject […]

US China Trade War May Dent Markets Monday

US China Trade War May Dent Markets Monday

China’s foreign minister said Saturday that his country’s threat to impose retaliatory tariffs on $60 billion of American goods in an escalating trade spat was “fully justified”. Beijing threatened Friday to bring in the levies on products ranging from beef to condoms, after US President Donald Trump’s administration upped the ante in its plans for […]

Google Hammered by Senators Over Censored China Search Engine

Google Hammered by Senators Over Censored China Search Engine

Google Hammered by Senators Over Censored China Search Engine $GOOGL Friday, a group of Republican and Democratic Senators hammered Alphabet Inc.’s (NASDAQ:GOOGL) Google over reports it is developing a censored version of its search engine for the Chinese market. China critic Senator Marco Rubio (R-FL), was joined by 5 otherUS  lawmakers on a letter to […]

Caution China, President Trump Will ‘Follow Through’

Caution China, President Trump Will ‘Follow Through’

Caution China, President Trump Will ‘Follow Through’ Friday, White House chief economic adviser Larry Kudlow cautioned China not to underestimate President Donald Trump. “Let me just say this, the Chinese have better not underestimate the determination of President Trump to follow through and seek zero tariffs and nontariff barriers and subsidies and a level playing […]

The Trump Administration Pushes Chinese Officials Back to the Negotiating Table

The Trump Administration Pushes Chinese Officials Back to the Negotiating Table

The Trump Administration Pushes Chinese Officials Back to the Negotiating Table $CNY Wednesday, China cautioned the US against “blackmailing and pressuring” it over trade as The Trump Administration pushes officials back to the negotiating table through threats of even higher tariffs. President Donald Trump’s officials are considering more than 2X’ing planned tariffs on $200-B in […]

China Back at the US Trade Negotiations Table

China Back at the US Trade Negotiations Table

China Back at the US Trade Negotiations Table $DIA, $SPY, $QQQ, $RUTX, $VXX The US and China are working  restart talks to avert trade war between the world’s 2 largest economies. Representatives of US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are having private conversations as they look for ways to reengage […]

China Economic Update

China Economic Update

China Economic Update China’s Ministry of Commerce (MOC) on Monday asked for the public’s opinion on a revised measure concerning foreign investors making strategic investments in Chinese listed companies. “The A shares acquired by foreign investors through strategic investment are not tradable for 12 months,” according to the revision on the ministry’s website. Currently, working […]

US Debt: The Buyers and The Sellers

US Debt: The Buyers and The Sellers

The persistently soaring US debt is now well over $21 trillion. While most media focus on foreign holders of US Treasuries, they make up less than 30 percent of the total. RT breaks down who holds the rest. Russia recently dropped out of the top-10 holders of US Treasuries, with its holdings falling from $96.1 […]

US Economy Not Harmed by President Trump’s International Trade Dust-ups

US Economy Not Harmed by President Trump’s International Trade Dust-ups

US Economy Not Harmed by President Trump’s International Trade Dust-ups Shayne and I expect China to align with the US’s sloution, as it cannot afford not to. Saturday, US Treasury Secretary Steven Mnuchin said that the overall US economy has not been harmed by the trade battles set off by President Donald Trump’s get-tough policies, […]

China UAE Trade to Explode

China UAE Trade to Explode

The UAE and China have agreed to enhance cooperation in all fields to higher levels and forge overall strategic partnerships, which would contribute to cementing and intensifying cooperation, boost joint development and prosperity, which is consistent with the common interest of both countries and their peoples. The two countries in a joint statement issued today […]

President Trump, “China, EU ‘Manipulating Currencies'”

President Trump, “China, EU ‘Manipulating Currencies

President Trump, “China, EU ‘Manipulating Currencies’” President Donald Trump doubled down Friday morning on his plan to impose massive tariffs on China and the European Union, Tweeting that the United States should be on a “level playing field’’ with countries that have been “manipulating their currencies.” Trump also zeroed in on Canada in a 3rd […]

China Focused on Improving Economy

China Focused on Improving Economy

China will work to tackle the weak areas in its business environment to further improve overall competitiveness and sustain the sound momentum of steady economic performance, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday. The Chinese government places high importance on improving the country’s business environment. Li has urged government […]

Has the Deep State Launched World War 3

Has the Deep State Launched World War 3

Has the Deep State Launched World War 3 US special forces have already deployed to 133 nations in the first half of 2018, signaling a sharp increase in the Pentagon’s shadowy operations when compared to previous years, according to a new report. America’s Special Operations forces (SOF) are stationed all around the world, where they […]

Trade War: Who is Cheating? Everyone

Trade War: Who is Cheating? Everyone

Trade War: Who is Cheating? Everyone China has accused the United States of hurting the global economy by waging trade wars. Beijing says the whole world will retaliate if Washington sticks with its aggressive trade policy. The US trade war is not just with China but with the rest of the world. By regarding the […]

CoinBene Lists Internet of People Cryptocurrency

CoinBene Lists Internet of People Cryptocurrency

CoinBene Lists Internet of People Cryptocurrency CoinBene, a global exchange that ranks among the 10 largest in the world, according to the CoinMarketCap, remains with its strategy of offering the largest number of digital assets to its customers and announces its listing on Internet of People (IoP). IoP was released to be more than a […]

China Building a Free Trade Network

China Building a Free Trade Network

China Building a Free Trade Network Amid a revival of unilateralism and protectionism across the globe, experts hail efforts to safeguard multilateralism and build an open world economy. China and the European Union (EU) on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism and support free trade. The agreement was […]

China Horse Racing: HKJC’s Conghua Training Centre

China Horse Racing: HKJC’s Conghua Training Centre

China Horse Racing: HKJC’s Conghua Training Centre A momentous new era in Hong Kong racing began with the arrival of the first in-training horses at Conghua Training Centre (CTC) on the Chinese Mainland, marking the integration of CTC into the Hong Kong training system. The shipment of 21 horses – seven each from the Dennis […]

2017/18 Racing Season in Hong Kong was Exceptional

2017/18 Racing Season in Hong Kong was Exceptional

2017/18 Racing Season in Hong Kong was Exceptional World class sport and incredible global growth underpinned a memorable 2017/18 racing season in Hong Kong, which concluded today, Sunday, 15 July, with overall turnover of HK$124.2 billion, representing a 5.8% increase on the previous season. A crowd of 31,903 turned out at Sha Tin for this […]

Trade War: It’s Still Boom Time in China

Trade War: It’s Still Boom Time in China

Trade War: It’s Still Boom Time in China China’s gross domestic product expanded 6.8 percent year on year in the first half of 2018 to about 41.90 trillion yuan (6.27 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday. In the second quarter, China’s GDP rose 6.7 percent year on year, […]

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]

China Officially says, “Keep calm, do not inflame trade row with US”

China Officially says, “Keep calm, do not inflame trade row with US”

China Officially says, “Keep calm, do not inflame trade row with US” $DIA, $SPY, $QQQ, $RUTX, $VXX China is not ‘happy’ about Washington’s hard line on trade, but has controlled coverage of the dust-up in its media, limiting open commentary and banning attacks on US President Donald Trump. Beijing has issued unusually strict rules limiting […]

China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading

China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading

China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading $BTCUSD China’s central bank has hailed it’s cryptocurrency crackdown a complete success. Declared by the People’s Bank of China (PBoC) and reported by state media, data apparently shows that the Chinese currency is now involved in less than 1% of all Bitcoin trades worldwide. The Big A: How did this happen? […]

China Switches Focus Away from USA

China Switches Focus Away from USA

Companies from China and the United States are concerned about the impact of trade tensions between the world’s top two economies after the United States began imposing a 25-percent additional tariff on Chinese products worth 34 billion U.S. dollars Friday. China’s customs authority announced that additional tariffs for some imports from the United States worth […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade China’s manufacturing activity decelerated in June as US-Chinese trade tensions added to concern the economy is cooling due to tighter government controls on lending, a survey showed Saturday. The National Statistics Bureau’s (NBS) purchasing managers’ index declined to 51.5 from May’s 51.9 on a 100-point […]

China Reacts to Trade War

China Reacts to Trade War

China has announced sectors of the economy where it will ease foreign investment rules, with leaders stepping up efforts to portray the country as opening up as they prepare for a possible trade war with the United States. The new “negative list” outlines key reforms in the financial sector while dropping restrictions in areas including […]

Belt & Road Global Forum

Belt & Road Global Forum

Belt & Road Global Forum The Belt and Road Global Forum held its inauguration ceremony and its first annual roundtable today at the Hong Kong Convention and Exhibition Centre (HKCEC). Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), officiated the ceremony and delivered the opening remarks. The Forum is an alliance […]

US Consumer Expectations are Still Running High

US Consumer Expectations are Still Running High

US Consumer Expectations are Still Running High $DIA, $SPY, $QQQ, $RUTX, $VXX About 2/3rds of Americans see the US economy as Good to Great. Monday night President Trump’s top trade adviser Peter Navarro said the White House is not planning to restrict foreign investment as part of its trade actions against China or any other country. […]

Trade War: China Opens as America Closes

Trade War: China Opens as America Closes

Trade War: China Opens as America Closes When one door closes, another one opens, that is what is happening now in Asia China has taken solid steps in promoting its opening-up by lowering import tariffs and easing market access, while new measures on intellectual property protection and a new negative list for market access of […]

Trade War Bites Wall St

Trade War Bites Wall St

U.S. stocks ended lower on Monday as market sentiment was dented by fears of escalating trade tensions between Washington and its major trade partners. The conflicting signals on trade policy from the Trump administration reflect deep divisions among policymakers over how hard to push China on demands for changes in trade, technology transfers, and industrial […]

Last Week in the Crypto World

Last Week in the Crypto World

Last Week in the Crypto World $BTCUSD Last week SKorean crypto exchange Bithumb experienced a major hack, and Japan’s Mt Gox, the most notorious exchange to be hacked in Bitcoin history, is back in the news. In Switzerland, the Bank of International Settlements (BIS) spread some misinformation about digital currencies and blockchains. In the US, […]

Trade Wars are not New

Trade Wars are not New

The snowballing trade war between the United States and the European Union is the latest in a string of global disputes over imports. Here is are some key international trade wars throughout history: – 2002, US steel tariffs on EU imports – Republican President George W. Bush imposes tariffs from 8 to 30 percent on […]

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win $DIA, $SPY, $QQQ, $RUTX, $N300, $VXX Trade disputes are good and easy to win. Chinese stocks weak American stocks stronger. That is the view from financial markets as the tariff dust-up between China and the US shows increasing signs of impacting stock prices. While broad measures of […]

NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA

NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA

NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA $DIA, $SPY, $QQQ, $RUTX, $VXX China Cannot Win a Tit for Tat Trade War With the US President Donald Trump’s threat to impose a 10% tariff on $200-B of Chinese goods, triggering a tit-for-tat trade war with Beijing, is “extremely good news for the […]

North Korea China Talks

North Korea China Talks

China will link easing or removing sanctions on North Korea with progress in denuclearization, a Chinese government official said Wednesday, as the North’s leader Kim Jong-un made another visit to Beijing this week. In their talks Tuesday, Kim and President Xi Jinping focused on improving bilateral relations and ridding the Korean Peninsula of nuclear weapons, […]

China Investment in USA on Hold

China Investment in USA on Hold

The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world’s two largest economies. Chinese investments totaled $1.8 billion from January through May, representing a 92-percent drop against the same period a year ago. That’s the lowest level in […]

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’ $DIA, $SPY, $QQQ, $RUTX, $DJSH, $VXX Tuesday’s stock market plunge shocking Chinese investors. China’s benchmark equity gauge sank almost 5% at one point and by the close, the escalating tensions with the US pushed 1,023 stocks ‘lock limit’ down by 10% on the day, that is […]

China ‘Underestimated’ President Trump

China ‘Underestimated’ President Trump

China ‘Underestimated’ President Trump The Top White House trade adviser, Peter Navarro, says Beijing “may have underestimated the resolve of President Donald J. Trump” by refusing to meet US demands on trade and by threatening to retaliate against American trade sanctions. Mr. Navarro, known for his hard-line approach to China, still says the US is […]

President Trump to China, “$200-B US Tariffs Coming”

President Trump to China, “$200-B US Tariffs Coming”

President Trump to China, “$200-B US Tariffs Coming US Vs China, bet on the US. Monday, US President Donald Trump told China that he is ready to impose a 10% tariff on $200-B of Chinese goods.In his statement, President Trump said he had asked the US trade representative to identify the Chinese products to be […]

US Economy Can Absorb Hit From China Tensions

US Economy Can Absorb Hit From China Tensions

US Economy Can Absorb Hit From China Tensions $DIA, $SPY, $QQQ, $RUTX, $VXX Now is the right time to pressure China on its trade policies because the US economy is strong enough to absorb uncertainty arising from bi-lateral tensions, White House Council of Economic Advisers Chairman Kevin Hassett said Monday. Mr. Hassett spoke after President […]

Trade War Update

Trade War Update

Responding to US President Donald Trump’s decision to impose tariffs on $50 billion worth of Chinese imports, Beijing has adopted a 25 percent tariff on 659 American products worth the same amount. US agricultural products, fish and automobiles worth some $34 billion worth of US goods will kick in on July 6, with another $16 […]

President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea

President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea

President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]

Trade War Latest News

Trade War Latest News

China and Europe retaliate tariffs against US goods China vowed to “immediately” retaliate to US tariffs on Friday as Washington moved closer to imposing duties that could trigger a trade war. US President Donald Trump is due to unveil later Friday a final list of roughly $50 billion in Chinese imports that would face punishing […]

Trump Wins Again: China to Buy More

Trump Wins Again: China to Buy More

China will take a slew of incentives to further boost imports so as to drive domestic industrial upgrading and better meet the increasingly diversified consumption demands of people, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday. These measures are expected to advance China’s win-win strategy of opening up. […]

Trump Kim Singapore was a Victory for Everyone

Trump Kim Singapore was a Victory for Everyone

The US is hoping to achieve “major” North Korean nuclear disarmament within 2.5 years, US Secretary of State Mike Pompeo has announced. It comes just one day after President Donald Trump’s historic meeting with Kim Jong-un. Pompeo said he will be playing the lead role when it comes to ensuring progress with Pyongyang, and added […]

China Leads the Way Developing Global Trade

China Leads the Way Developing Global Trade

Officials from around the world have been speaking highly of Chinese President Xi Jinping’s keynote speech delivered Sunday at the Shanghai Cooperation Organization (SCO) summit in the eastern Chinese seaside city of Qingdao. In the speech, Xi called on countries involved in the regional bloc to work closely to build an SCO community with a […]

President Trump Left the G7 in Turmoil

President Trump Left the G7 in Turmoil

President Trump Left the G7 in Turmoil President Trump disavowed the G7’s joint statement with a Tweet He also criticized Prime Minister Justin Trudeau as weak and dishonest. Saturday, US President Donald Trump left the G7 nations in turmoil, just as, China’s Xi Jinping and Russia’s Vladimir Putin were coming together on the other side […]

US Has the World’s Fastest Super Computer

US Has the World’s Fastest Super Computer

US Has the World’s Fastest Super Computer $IBM, $NVDA, $QCOM The US has a new supercomputer and it’s 2X as fast as the current record holder in China. International Business Machines Corp. (NYSE:IBM) developed the Summit computer, with help from Nvidia Corp.(NASDAQ:NVDA), for the US Department of Energy’s Oak Ridge National Laboratory. The system cost […]

HEFFX Master the Reverse ICO

HEFFX Master the Reverse ICO

HEFFX Master the Reverse ICO HEFFX has built a library of various ICO’s ready for a reverse merger. These include ICO’s in the Marijuana, Travel, Real Estate and Tech Sectors. With the HEFFX pre-built ICO customers are ready to sell tokens day 1. The reverse ICO is defined as the process of buying out the […]

China: RMB to Dominate USD

China: RMB to Dominate USD

China is ramping up efforts to promote yuan as a global currency. After the crackdown on outflows and devaluation in 2015, the renminbi is once again gaining momentum. The record share of yuan in global trade was at 2.8 percent three years ago, according to Bloomberg. Its share shrank to 1.7 percent in April, but […]

Majority Ownership Key to US in Trade Talks With China

Majority Ownership Key to US in Trade Talks With China

Majority Ownership Key to US in Trade Talks With China The United States hopes to convince China into letting American investors hold a majority stake in Chinese ventures, Larry Kudlow, President Donald Trump’s top economic adviser, said Thursday. The demand will be part of formal trade talks between the US and China to begin Saturday […]

Stocks Run as Possible US-China Trade War Put ‘On Hold’

Stocks Run as Possible US-China Trade War Put ‘On Hold’

Stocks Run as Possible US-China Trade War Put ‘On Hold’ $DIA, $SPY, $QQQ, $RUTX The small-cap Russell 2000 (+0.7%) advanced to a new record high for the 4th session running. US stocks spiked Monday after the US and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also […]