China

McKinsey Warns of Looming Asian Debt Crisis

Posted: August 20, 2019 at 12:10 pm

The Asian financial crisis of 1997 wreaked havoc on the financial systems of Thailand, Indonesia and South Korea particularly, but the effects were felt all around the globe. To staunch ...
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Why Baidu’s Q2 Was So Great

Posted: August 20, 2019 at 10:10 am

When Baidu Inc. (NASDAQ: BIDU) reported its most recent quarterly results after the markets closed on Monday, the firm said that it had $1.47 in earnings per share (EPS) and ...
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Why China Imports Much More Saudi Oil Than the US

Posted: August 15, 2019 at 11:10 am

Saudi Arabia has responded to the reimposition of U.S. sanctions on Iranian oil sales by directing more oil to China and less to the United States. According to U.S. Energy ...
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Get Ready for $2 Gas

Posted: August 15, 2019 at 10:08 am

The summer of 2019 is starting to look like the summer of 2016. That year, gasoline prices started below $2 a gallon in winter. They rallied slightly into the summer ...
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Alibaba’s Q1 Earnings Beat Belies Slowing Economy

Posted: August 15, 2019 at 10:00 am

Alibaba Group Holding Ltd. (NYSE: BABA) released its fiscal first-quarter financial results before the markets opened on Thursday. Despite the slowdown of China's economy, the company said that it had ...
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What to Watch When Alibaba Reports Thursday

Posted: August 14, 2019 at 12:00 pm

Alibaba Group Holding Ltd. (NYSE: BABA) is set to report its fiscal first-quarter earnings results before the markets open on Thursday. The consensus estimates are calling for $1.46 in earnings ...
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China Slows Toward Recession Pace

Posted: August 14, 2019 at 4:35 am

China's economy has slowed considerably. According to its National Bureau of Statistics for China, "In July, the total value added of the industrial enterprises above the designated size grew by ...
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China Tariff Delay Comes to Market’s Rescue

Posted: August 13, 2019 at 11:35 am

The S&P 500 and Dow Jones industrials are turning it around after a two-day losing streak. This comes on the heels of news that the United States has removed some ...
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While Negative US Interest Rates Are Possible, Odds of Reality Look Less Than Zero

Posted: August 12, 2019 at 2:48 pm

Many articles have pondered the short-term and long-term impacts of negative interest rates around the globe. Some of these concerns are recent, while some have persisted for years. One recent ...
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US Telecoms Customers Are Under Attack From Chinese Hackers

Posted: August 7, 2019 at 10:52 am

Ever heard of Stone Panda or Red Apollo or Hogfish or menuPass or APT10? All have been identified as China-based hacking groups. APT10 members Zhu Hua and Zhang Shilong were ...
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Trade War May Not End Before Election

Posted: August 6, 2019 at 6:25 am

What if the trade war goes on past the election? Both the U.S. and Chinese economies could be deeply damaged. The presidential election could easily be affected. China's top leadership, ...
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Global Semiconductor Sales Showing Continued Strain in 2019

Posted: August 5, 2019 at 5:24 pm

When there is an unexpected uptick in trading war salvos, some investors are going to wonder if many of the semiconductor and technology forecasts made in recent weeks are going ...
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The Big Trade War If: What If China Decides to Sell its $1.11 Trillion in US Treasuries?

Posted: August 5, 2019 at 2:05 pm

With the United States and China trade war becoming more fierce, the stock market tanked and the bond market rallied on news that China devalued its currency and is blocking ...
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More Proof That Geopolitical Uncertainty Is Good for Gold

Posted: August 5, 2019 at 1:10 pm

People buy gold for many reasons. While hedging against inflation or the value of a single currency can be powerful influences on gold demand, it seems that geopolitical uncertainty can ...
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China Trade War Fallout Puts Dark Clouds Over Luxury Goods

Posted: August 5, 2019 at 12:10 pm

With an escalation in the trade war between the United States China, the impact is beginning to feel drastic all over again. We have seen these reactions before, but China ...
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