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China Crisis Series

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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

FxWirePro: Chinese slowdown, oil turmoil may impact FED hike deferred expectations in H2 2016

Jan 15, 2016 10:43 am UTC| Insights & Views

The beginning weeks of 2016 dealings began against the backdrop of a fresh spells of Chinese equity/FX market tension. Notably, China has been second largest trade partner and 1st to evidence highest US trade...

China Crisis Series

Oil in Global Economy Series

Lower oil price—double edged sword for China

Jan 15, 2016 06:43 am UTC| Commentary

Lower oil price is supposed to be a boost for China, since it is a net importer of oil. While this assumption holds true in theory, in reality might be acting as double edged sword for China. December trade report...

China Crisis Series

China’s trade data to help alleviate concerns of economic slowdown

Jan 14, 2016 05:00 am UTC| Commentary Economy

Recently released Chinas trade data indicates a modest rebound instead of a downturn that was anticipated by markets. This will help alleviate concerns of the economic slowdown of the nation and help global risk sentiment....

China Crisis Series

China exports positive, eases growth fears, helps oil

Jan 13, 2016 16:05 pm UTC| Commentary Economy

There is more good news from China on better than expected exports for December, showing that the devaluation of the CNY (aka Chinese Yuan) is working. Chinas exports grew in CNY terms but fell marginally -1.8 percent in...

China Crisis Series

China still acts as a deflationary or recessionary force in the global economy

Jan 12, 2016 21:12 pm UTC| Commentary Economy

From the latest data of China, one can conclude that Beijings stimulus seems to be working. The Chinese manufacturing PMI data released with negative numbers while service PMI data gave positive signals. Still in 2016,...

China Crisis Series

China inspired volatility to continue in 2016

Jan 12, 2016 16:07 pm UTC| Commentary Economy Central Banks

Today is off to a good start in the markets as Chinas currency and equity markets stabilize abetted by Chinas Central Bank Yuan intervention. A continued source of volatility is the dispersion around Chinas expected growth...

Renminbi Series

China Crisis Series

Rush for exit sky rockets Yuan Hibor

Jan 12, 2016 07:07 am UTC| Commentary

The trade of last week, which unsettled world stock market last week, to sell offshore Yuan and Buy onshore Yuan ended in a rush today. First sign was already visible in Mondays trading, when cost to borrow or short Yuan...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

Kia Unveils $15,000 EV2, Spearheading Affordable Electric Vehicle Drive

Kia has unveiled the EV2, its newest addition to the electric vehicle market, priced at around $15,000. This compact SUV, seen in recent test footage, is part of Kias broader strategy to introduce a range of affordable...

Bitcoin Halving 2024 Complete: New Era for Miners and Market Speculation

Bitcoin has successfully completed its fourth halving, reducing mining rewards to 3.125 BTC per block and sparking widespread speculation about future price surges. As the crypto community eyes potential market shifts,...

Tesla Cybertruck Recall: NHTSA Flags 3,878 Units for Pedal Issue

The National Highway Traffic Safety Administration (NHTSA) has ordered a recall for Teslas Cybertruck, citing a severe pedal issue that necessitated temporarily halting deliveries to address potential safety...

ShibArmy Issues Critical Alert: No BONE Airdrops, Beware of Scams

The Shiba Inu community is on high alert as ShibArmy Scam Alerts warns against phishing emails falsely promising BONE airdrops. These fraudulent communications are designed to steal personal information and digital assets...

Michael Saylor Nets $370 Million from MicroStrategy Shares Amid Crypto Surge

Michael Saylor, the prominent bitcoin advocate and chairman of MicroStrategy, has capitalized on the companys robust stock performance this year, selling shares worth nearly $370 million. His strategic stock sales coincide...