ASIA: Chinese online media firm Sina Corp. is quitting Wall Street as Chinese tech companies come under heightened scrutiny in the United States. The Beijing-based firm is being taken private by its chairman and chief executive, Charles Chao, in a deal that values the company at $2.6 billion, Sina (SINA) said in a statement on […]

ASIA: Major carmakers are suing the US government over import taxes it has imposed on Chinese parts. Tesla is the latest auto firm to object to customs duties introduced by the Trump administration and is demanding refunds. The US and China have imposed border taxes on each other’s goods and services as part of a […]

The Economist just ran a story that summarized the change in work that “people particularly fond of their pyjamas [sic] have for decades been arguing that a lot of work done in large shared offices could better be done at home. With covid-19 their ideas were put to the test in a huge if not […]

ASIA: China’s industrial output accelerated the most in eight months in August, while retail sales grew for the first time this year, suggesting the economic recovery is gathering pace as demand starts to improve more broadly from the coronavirus crisis. Industrial output growth quickened to 5.6% in August from a year earlier, the fastest in […]

ASIA: Byte Dance has abandoned the sale of TikTok in the United States on Sunday in pursuit of a partnership with Oracle Corp it hopes will spare it a US ban while appeasing the Chinese government. ByteDance had been in talks to divest TikTok’s US business to either Oracle or a consortium led by Microsoft […]

ASIA: China’s population is projected to drop by half by 2100, calling into question the country’s future economic growth in the face of a sharp decline in its labor force. In contrast, America’s population and labor force is likely to be sustained if the Trump administration’s policy of reducing US immigration level is reversed. The […]

  ASIA: Chinese financial technology group Ant has unveiled plans for a stock market debut that may raise a record $30bn. The company, affiliated with online retail giant Alibaba, says it will sell shares in Hong Kong and Shanghai. Ant, best known in China for the mobile payments powerhouse Alipay, was launched in 2004 by […]

ASIA: US President Donald Trump on Tuesday said he postponed trade talks with China, adding that he does not want to talk to China right now. Representatives from the United States and China had been scheduled to discuss the implementation of their so-called Phase 1 trade deal on Saturday, but those talks were canceled. India’s […]

  ASIA: China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, an analyst said Thursday. Recent data showed China’s June retail sales fell 1.8% from a year ago, much worse than the 0.3% growth analysts […]

QUESTION: Do you think that cryptocurrencies will be sustainable as governments become pressed for money? What is your view of the dollar? Will it really crash when things are so bad here in Europe? Thank you in advance GH ANSWER: I think it is really naive to believe that cryptocurrencies will survive when we face […]