South Korea inflation, US jobs report, COVID-19 in China

India is poised to become the third largest economy by 2030 India is expected to overtake Japan and Germany to become the third largest economy in the world. Standard & Poor’s Worldwide Morgan Stanley predicted in a report. The S&P forecast is based on the expectation that India’s average annual nominal GDP growth will be … Read more

South Korea GDP, Caixin Manufacturing PMI, Japanese Consumer Confidence

CNBC Pro: Forget Amazon. That’s what chief technology investor Paul Mix is ​​buying into Investor confidence in the tech sector has been shaken this year amid a flight to safety, but chief technology investor Paul Meeks said he is now more “optimistic” in the sector than he has been in recent months, though he remains … Read more

China’s security apparatus swings into action to stifle Covid protests

CNN – China Extensive security services quickly moved to choke Mass protests that swept the country, with police patrolling the streets, checking cellphones and even calling some protesters to warn them not to repeat it. In major cities on Monday and Tuesday, police flooded the sites of protests that took place over the weekend, when … Read more

A BBC journalist has been “beaten and kicked by the police” as protests spread across China

CNN Business – BBC journalist Edward Lawrence was arrested by police in Shanghai at the scene of Sunday night’s protests, according to the BBC, as captured in what appears to be cellphone footage of the arrest. While he has since been released, a BBC spokesperson expressed grave concern about his treatment, saying he had been … Read more

China Covid protests sent global stocks lower as strategists see continued turmoil

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, November 9, 2022. Michael Nagel | bloomberg | Getty Images Global stocks fell on Monday after a scarce Protests broke out across China over the weekend amid growing unrest over the country’s Covid-free policy. Clear relief Earlier … Read more

Strong chip US export restrictions to China are hurting now, but should prove bullish over the long term

It is understandable why the United States felt the need to act quickly to get powerful semiconductors out of the hands of the Chinese government. Better to move from a position of strength before it’s too late. However, as shareholders of chip stocks, this still hurts. As you may recall, the Nvidia Club (NVDA) was … Read more

Asia-Pacific leaders condemn the war and renew calls for open trade

BANGKOK (AP) — Leaders from across the Asia-Pacific region have called for an end to Russia’s war on Ukraine They pledged to steer the region’s economies towards sustainable growth as the summit meetings conclude on Saturday. Host Thailand got a diplomatic coup in managing divisions among the 21 members of the Asia-Pacific Economic Cooperation forum … Read more

North Korea tests intercontinental ballistic missiles with a range to hit the entire United States

SEOUL, South Korea (AP) — North Korea fired an intercontinental ballistic missile that landed near Japanese waters Friday in its second major weapons test this month that demonstrated a potential capability for nuclear strikes across the US mainland. The United States quickly condemned the launch and vowed to take “all necessary measures” to ensure the … Read more

Dangerous weed lobby victories, Brittney Grenier’s shocking plight and other comments

Drug Control: Weed Lobby’s Dangerous Wins “This year’s midterm ballot measures to legalize marijuana across five different states are further evidence of the weed lobby’s progress.” Mark Haskins argues in The Federalist. But “today, many of the arguments made by the pro-marijuana movement have been proven wrong”—such as the claim that it is “no worse … Read more

The escalation of the anti-OPEC movement is a disaster for the oil markets

Earlier this year, Mario Draghi, then Italy’s prime minister, floated the idea of ​​big oil buyers coming together and standing up to OPEC+. The idea has not progressed beyond the flotation stage because one obvious problem cannot be ignored: OPEC will retaliate. However, it seems that some ideas tend to be so attractive that they … Read more