NOTE: We wish our readers a happy and healthy holiday season. Due to decreased market activity, and some well deserved time off, we will suspend Market Talk until January 4, 2021. Thank you for your continued support. We look forward to providing you with Market Talk blog postings again in the new year! ASIA: China […]

ASIA: Chinese leaders who attended the Central Economic Work Conference from Dec. 16 to 18 were buoyant about China’s relative successes, while remaining cautious on major changes to stimulus policies, CNBC reported according to state media. The annual gathering sets development priorities for the upcoming year. Analysts who followed the meeting said it provided little […]

ASIA: The US Congress has officially passed the USD 740 billion defense policy bill, which among other things, included calling out Chinese aggression against India along the Line of Actual Control (LAC). The US House of Representatives and the Senate on Tuesday passed the National Defense Authorization Act (NDAA), which included key components of Indian-American […]

ASIA: China’s economic recovery broadened in November as both retail sales and industrial production growth accelerated, data released on Tuesday showed. Retail sales, a key indicator of consumption trends in the world’s most populous nation, grew by 5.0 percent from a year earlier, marking the fourth successive month of expansion. The November growth rate was […]

ASIA: India on Monday didn’t join other members of the Shanghai Cooperation Organization (SCO) in backing China’s Belt and Road Initiative (BRI), which New Delhi has consistently opposed as a key part of it passes through Pakistan-occupied Kashmir (PoK). India’s central bank monetary policy committee is expected to leave interest rates unchanged when it meets […]

ASIA: Prime Minister Scott Morrison on Monday demanded an apology from the Chinese government for tweeting a “falsified” and “repugnant” image of an Australian soldier killing a child in Afghanistan, amid escalating political tensions between Canberra and Beijing. Morrison said Australia has reached out to the Chinese government and also contacted Twitter to have the […]

ASIA: President Xi Jinping would like to poise China as the new financial capital of the world as the Western economy continues to decline. President Xi said that China’s “resilience and vitality” will help maintain its “super-sized” economy. In what some saw as a swipe at US President Trump’s “America First” policy, Xi touted China’s […]

ASIA: China has declared Australia must take the blame for “a sharp downturn” in relations between the two countries, with a Foreign Ministry spokesman saying all responsibility is on “some people in Australia (who) tend to regard China’s development as a threat.” Relations between Australia and China have been frosty for years, but the situation […]

ASIA: A survey by IHS Markit in late October of more than 6,600 companies in 12 countries found that companies in China reported the highest recovery rate from the coronavirus pandemic, followed by those in the US. US According to the latest available data from the US Bureau of Economic Analysis, multinationals’ majority-owned affiliates in […]

ASIA: Chinese short-video and live-streaming app Kuaishou filed for an initial public offering on the Hong Kong Stock Exchange, CNBC reported. The offering is reportedly expected to raise $5 billion. Morgan Stanley, Bank of America Securities, and China Renaissance are the underwriters, according to the filing. Video game streaming aside, analysts say the video apps […]