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Market Talk – October 15, 2020

ASIA: China’s consumer inflation slowed in September, driven by a moderation in food price gains. The consumer price index rose 1.7% last month from a year earlier, following a 2.4% gain in August, the National Bureau of Statistics said Thursday. The median forecast was for a 1.9% increase. The producer price index registered a 2.1% […]

Market Talk – October 6, 2020

ASIA: China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body’s rules, Reuters reported. A representative for China said at the closed-door meeting on Friday that the measures “are clearly inconsistent with WTO rules, restrict cross-border trading services […]

Parliamentary advisor to the German Bundestag Has Come Out Warn the People

Warnung an die Bevölkerung Anonym, September 2020 Parlamentarischer Berater des Deutschen Bundestages Liebe Mitbürgerinnen und Mitbürger, ich wende mich als Mitarbeiter des Deutschen Bundestages mit der Funktion eines parlamentarischen Beraters an Sie. Durch meine Tätigkeit im Parlament habe ich Kenntnis davon, dass den Menschen in unserem Land wichtige Informationen in Zusammenhang mit der Coronakrise gezielt […]

Market Talk – September 29, 2020

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 […]

Market Talk – September 25, 2020

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 New Norm – OMG

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 […]

Market Talk – September 15, 2020

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 […]

Market Talk – September 14, 2020

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 […]

Market Talk – September 3, 2020

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 […]

Market Talk – August 26, 2020

  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 […]