China’s Great Growth Gamble

Copperstocks.jpg

 

Source of picture: www.todaysfinancialnews.com

China’s feverishly fast construction of roads, power plants and new industrial capacity has been designed to offset the decline in exports – and what a short-term success the policy has been.

Of the 7.7% of …

Continue Reading

China indicates monetary tightening

xin_24120209151275643227.jpg

Confused Direction

Source of picture: China Daily

 

 

A TIGHTER monetary policy is being evaluated by China’s State Council, one of the country’s most-powerful legislative bodies, according to numerous media reports – including this one from Reuters.

And the …

Continue Reading

Should Indonesia Add Capacity?

Pert.jpg

 

 

 

Source of picture: wartakota.co.id

 

WESTERNERS can often by unbelievably patronising about Asia’s efforts to climb up the economic self-sufficiency ladder.

“South Korea has no business being in petrochemicals,” said a very annoying US industry executive many …

Continue Reading

How ridiculous does ridiculous have to get?

alg_barack_obama_oval_office.jpg

“YES, I HEAR YOU – I’M LISTENING….”

Source of picture: New York Daily News

 

How ridiculous does crude-oil pricing have to become before regulatory reforms occur that limit the role of financial speculation in a helpful way?

This was …

Continue Reading

GCC mood lifts despite worsening gas crisis

THE MOOD seems to have become a little more upbeat in the Gulf Co-operation Council (GCC) region of the Middle East thanks to the economic recovery.

“The flow of foreign funds into the GCC came to a complete standstill in …

Continue Reading

The Iranian investment struggle

Iran-Quiet-Revolution-Yagho.jpg

 

Source of picture: www.textually.org

 

The political sensitivity surrounding Iran is so great that US-based companies are not even allowed to attend presentations by Iranian officials at conferences, a source said.

“I witnessed a recent walk-out during a presentation …

Continue Reading

Don’t count on Thai project delays

map ta phut.jpg

I have been digging a little deeper into the Map Ta Phut issue and it looks like expectations of major delays to projects at the site were a little premature.

Construction has not stopped despite a ruling by Thailand’s Central …

Continue Reading

Wearing blinkers is a job requirement

Blinkers.jpg

“Take it from me, peripheral vision isn’t all it’s cracked up to be, especially if you want to get a decent annual bonus….”

 

Source of picture: www.whipnspurs.co.nz

 

Here’s a rant for Tuesday – with thanks to Paul Hodges for informing …

Continue Reading

China lends guiding hand to futures markets

dalian.jpg

The Chinese government appears to have an important objective to achieve while promoting commodity futures trading in the country?

A report in today’s Wall Street Journal says that the government is positioning its futures markets in setting world prices for …

Continue Reading

Beware of the usual smoke and mirrors

46949214_9b03df39f4_m.jpg

Flying the flag for Q3…

Source of picture: etftrends.com

Yes, Q3 earnings season is almost upon us with the usual headline-grabbing improvements in carefully selected reported numbers.

What this season might tell us about the overall direction of everything is, …

Continue Reading