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News & Updates

May 31, 2016 China's Slowdown Hits Nearby Economies Hardest - text/video

Source: Bloomberg

Those nearest to China are among the hardest hit as growth in the world's second-largest economy grinds to the slowest pace in a quarter century.

May 27, 2016 EU referendum: I'm no secret Brexiteer, says David Cameron

Source: BBC

David Cameron has rejected claims he is a "closet Brexiteer," insisting he is "passionate" about staying in the EU.

May 26, 2016 China Wants to Set Prices for the World's Commodities

Source: Bloomberg

China has put the world’s traditional financial centers on notice that it wants to develop its raw material markets as hubs for setting prices, seeking to marry the country’s commercial heft with a much greater say in determining...

May 23, 2016 There’s no such thing as free trade with China

Source: NY Post

The president vows “firm, tough enforcement” against China, and slaps a new tax on Chinese steel that would nearly quintuple its price, all to protect American steel jobs. No, that’s not President Trump next year. It’s President...

May 16, 2016 American retail is transforming before our eyes — and it's a nightmare for these companies

Source: Business Insider

Macy's said sales plummeted, Nordstrom's sales were bad, and Kohl's disappointed. Gap's preliminary results highlighted weak spots in the business, and JCPenney disappointed as well.

May 13, 2016 China Credit Expansion Moderates Amid Warning on Debt Binge

Source: Bloomberg

China’s broadest measure of new credit rose less than expected last month, suggesting that the central bank is starting to temper a flood of borrowing amid warnings from officials about potential side effects of the debt binge

May 9, 2016 China April exports, imports decline more than expected

Source: Reuters

China's exports and imports fell more than expected in April, underlining weak demand at home and abroad and cooling hopes of a recovery in the world's second-largest economy

May 9, 2016 China Stocks Sink on Trade Data to Extend Biggest Global Tumble

Source: Bloomberg

China’s stocks capped their biggest two-day loss since late February, led by commodity producers and industrial companies, as trade data disappointed and the People’s Daily warned about the country’s rising debt in a front-page...

May 6, 2016 European Union trade deal blocked, probably doomed

Comment - This almost 70-year-old rule enshrined in the GATT agreement of the World Trade Organization (WTO), allows nations to regulate trade "to protect human, animal and plant life or health" or for "the conservation of...

May 2, 2016 Everyone’s lining up against Brexit, but voters aren’t fooled

Source: Telegraph UK

With Britain’s EU decision-day less than two months away, every official economic body now seems to be telling us Brexit would send the British economy to hell in a hand-basket – and even threat of Brexit is already doing untold...

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