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Market Talk – August 30, 2019

ASIA: China today told Philippines President Duterte that the disputed area of the South China Sea was not up for negotiations as President Xi and Duterte met in Beijing. However, China was willing to work together to effectively manage the issue. With Duterte in his final term as presidency, critics back in his native country […] read more

Market Talk – March 12, 2020

ASIA: Chinese Foreign Ministry spokesman Zhao Lijian said that the US military could have been to blame for bringing the virus to Wuhan. The comment was said in more of a retaliatory context after the US accused China of being slow to react to containing the virus. China bounced back, asking the US to reveal […] read more

Market Talk – May 6, 2020

ASIA: China is aiming to complete work on its space station within about two years, officials said after the launch of a new spacecraft on Tuesday. China eventually plans to send four crewed space missions and cargo craft to complete work on its permanent space station. China challenged US Secretary of State Mike Pompeo to […] read more

Market Talk – August 16, 2021

ASIA: China’s economic recovery slowed in July, according to new data by the National Bureau of Statistics. Retail sales grew 8.5% last month, beneath analysts’ expectations of 10.9%, and below June’s reading of 12.1%. Industrial production slowed to 6.4% YoY after experiencing an 8.3% boost the month prior. Unemployment increased from 5% to 5.1%, with […] read more

Market Talk – February 11, 2019

  Asia: Foundation Day is a day designed to mark the celebration of the founding of a nation. In the case of Japan, this is for the mythological foundation of Japan and the accession of its first Emperor Jimmu. For this occasion, the markets were closed in Japan. Therefore, we would like to extend our […] read more

Market Talk – August 12, 2020

ASIA: US President Donald Trump has said China is failing to meet commitments to buy more American goods under the phase one trade deal, a sign of increasing pressure on Beijing ahead of a six-month review of the deal between senior officials. US Trade Representative Robert Lighthizer, US Treasury Secretary Steven Mnuchin, and Chinese Vice-Premier […] read more

Market Talk – December 14, 2021

ASIA: US Secretary of State Antony Blinken visited Indonesia on Tuesday to discuss the Indo-Pacific trade pact. Blinken accused China of “aggressive actions” in the South China Sea that could threaten over $3 trillion in annual commerce. “I am here, we are here, because what happens in the Indo-Pacific will, more than any other region, […] read more

Market Talk – June 20, 2019

ASIA / AUSTRALIA: North Korean leader Kim Jong Un will hold talks with Chinese President Xi. President Xi arrived in North Korea’s capital, Pyongyang, in the first state visit in 14 years. The main topics reportedly will be nuclear armaments and trade. Interesting timing given both are in the midst of US negotiations in way […] read more

Market Talk – November 24, 2020

ASIA: Australia has hit out at “needlessly” worsening relations with China, with the country’s prime minister appealing for smaller nations not to be caught in the crossfire of Sino-US rivalry. Morrison insisted Australia wanted “mutually beneficial” relations with both its largest trading partner and the United States, while having the right to pursue its own […] read more

Market Talk – June 1, 2021

ASIA: China has announced that it will allow couples to have up to three children after census data showed a steep decline in birth rates. The cost of raising children in cities has deterred many Chinese couples. The latest move was approved by President Xi Jinping at a meeting of top Communist Party officials. Chinese […] read more