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Market Talk – February 27, 2020

  ASIA: The Indian government is planning a data protection bill that will require tech companies to tell users what data they are collecting and, in most cases, get consent from users to collect that data. It also imposes restrictions on what kind of data can be stored outside the country. The bill, currently making […]

Market Talk – February 14, 2020

ASIA: A meeting is being planned between US President Trump and Indian executives, especially those focusing on job creation and manufacturing in the United States, on February 25 when President Trump visits India. Vodafone’s Indian business Vodafone Idea Ltd reported its sixth straight quarterly loss. Revenue fell 5.8% to 1.55 billion USD in the reported […]

Market Talk – February 10, 2020

ASIA: Amazon Inc has decided to take legal action in India to quash an antitrust investigation against the company. Amazon said in a statement that last month the Competition Commission of India (CCI) ordered a probe against the company over alleged violations of competition law and certain discounting practices, which could cause “irreparable” loss and […]

Market Talk – February 7, 2020

ASIA: India’s Ministry of External Affairs offered help to evacuate Pakistani students from the epicenter of the deadly coronavirus outbreak in China’s Wuhan after Pakistan refused to evacuate its citizens from Wuhan. In a statement released by India’s Foreign Affairs Ministry, India’s Foreign Minister S Jaishankar told Indian Parliament on Friday that when India sent […]

Market Talk – February 6, 2020

ASIA: The coronavirus outbreak in China has continued to affect citizens, and has now killed more than 560 people and infected 28,000. The Chinese government has decided to take tough measures to counter this deadly virus. Chinese whistle blower Dr. Li Wenliang died on Thursday due to the coronavirus. Li Wenliang was the first person […]

Market Talk – February 5, 2020

ASIA: Hong Kong announced that any travelers from mainland China will be faced with a 14-day quarantine period before being allowed into the country. Carrie Lam, Hong Kong’s Chief Executive, said the measure will be in effect at midnight on the 8th of February. The virus has now affected around 25,000 people globally and deaths […]

Market Talk – February 3, 2020

  ASIA: The Chinese central bank said yesterday they are looking to pump in 1.2 trillion yuan (173 bln USD) to support the economy and maintain sufficient liquidity in the market. The shares opened up around 8-9% lower due to the coronavirus. China has built a new hospital with a 1,000 bed facility in the […]

Market Talk – January 31, 2020

ASIA: Coronavirus, a pneumonia-causing virus, is beginning to disrupt the Chinese economy although it’s unclear whether the impact will extend to the full year. This is likely to push China to step up stimulus to counter the disruption in the economy. China’s Ministry of Finance said that as of 5 PM on Wednesday that finance […]

Market Talk – January 17, 2020

ASIA: China’s annual growth rate was reported as its weakest in 29 years. The growth rate was 6.1% with Chinese officials stating that the economy was stable. Other numbers reported were that population growth was also slowing with Chinese citizens having fewer children than in previous years. Malaysia is talking to the Indian government and […]

Market Talk – January 16, 2020

ASIA: The Trump administration is looking to make progress in phase two trade talks with China, according to a statement made today by White House trade adviser Peter Navarro. The US wants to work on preventing China from subsidizing its state-owned enterprises. “It’s just insane that Chinese government officials continue to hack into American businesses […]