Browsing Tag

Asia

AIIB Prelude to SDR Decision

In what can only be seen an unexpected Chinese success, several US allies have agreed to participate in China and India's Asian Infrastructure Investment Bank. The frustration with the US on this issue is palpable. There is another issue…

Now Is the Time to Buy Gold

China's plan seems to be to acquire a total of 6,000 tonnes of gold to put its holdings on a par with developed countries and to elevate the international appeal of the renminbi. Meanwhile in the futures market, the basic problem is that…

Pacific Tensions Set to Intensify

By Marc Chandler The simmering tension in the South China Sea may intensify in the coming weeks, and although this is no immediate market reaction, there could be going forward. Last week Japan indicate it will formally register 280…

A case of broken BRICS?

The first seven trading days of September have offered all of these markets some much needed breathing space with EM currencies, bond and equity markets all doing considerably better. It is thus tempting to conclude that this was just…

Is there an Asian RMB bloc?

By Michael Pettis In the past two weeks we have been treated with a mostly positive but nonetheless mixed bag of economic data from China. There has been good news, bad news, good news with worrying underlying trends, and bad news with…

The Race for Energy Resources

Scarcity is a powerful force and it leaves those in control of limited resources wielding great power. We think a scarcity of uranium will increase Russia's power; control over some of the last big, easy oil deposits has earned Saudi Arabia…
Do NOT follow this link or you will be banned from the site!