• China’s lending bubble could now lead to zero GDP growth

      19/02/2014
    China has been primarily responsible
    for driving global growth since the Crisis began in 2008. Auto sales, for example, would have seen negative
    growth world-wide without China. And auto manufacturing is the world’s
    largest manufacturing industry. The chemical industry has been in a
    similar position. Whilst China is also now responsible for nearly 50% of global metal demand.  
    SEE MORE

  • Asia Has Crisis to Thank for Gains in Emerging Rout

      18/02/2014
    South Korea, Malaysia, Taiwan, Indonesia, Thailand and the Philippines had combined foreign-exchange reserves of $1.2
    trillion last month, more than five times the $233 billion
    figure at the end of 1998, official data show. China’s foreign-currency holdings reached a record $3.8 trillion in December,
    the world’s largest, from $145 billion 15 years earlier.  
    SEE MORE

  • Vietnam economic growth to rebound by 2016

      18/02/2014


    Vietnam
    ’s economy should be
    growing at a rate of 7 percent again by 2016, according to a report by
    global accounting firm Ernst & Young.


    The
    UK-based firm, which placed the country fourth on its list of 25
    potentially vulnerable fast-growing economies, expects faster economic
    growth from this year as policy makers are making efforts to reduce the
    fiscal deficit, continue curbing inflation, and bring down borrowing
    rates.

    SEE MORE

  • Copper Advances With Base Metals on China’s Record New Credit

      17/02/2014
    Copper climbed to a one-week high,
    extending two weeks of gains, after a report showed China’s new
    credit increased to a record last month, boosting demand
    prospects for industrial metals from the top user.  
    SEE MORE

  • Gold Rises to Three-Month High on Haven Demand as Silver Rallies

      17/02/2014
    Gold advanced to the highest level
    in more than three months as demand for haven assets increased
    on speculation that the U.S. economic recovery will slow. Silver
    headed for the longest run of gains since at least 1968.  
    SEE MORE
More News