OCTOBER will mark the 30th anniversary of the 1987 financial crash. It is already nine years after the slump of 2008 and this July marks the 20th anniversary of the Asian financial crisis.
In memory of those bleak times, expect … Read the rest
A deep Fangs bite could be painful for global stock markets
FANGS, the group nickname for Facebook, Amazon, Netflix and Google shares, have been wild performers this year. Adding Apple and Microsoft to the foursome, the market capitalisation of the stocks comes to an astounding US$3 trillion. If the tech and … Read the rest
Gold prices buoyed by China, India demand
DEMAND in China and India is supporting gold but analysts believe that a marked shift in investor sentiment is needed to push prices to new heights.
According to the World Gold Council (WGC), which researches and lobbies for miners, China … Read the rest
Reduction of central bank liquidity should be done delicately: BIS
CENTRAL banks are in a dilemma. Economies are at last expanding and inflation is beginning to accelerate, following years of slack growth. The question is, how do central banks counter inflation under present circumstances? How do they withdraw excessive monetary … Read the rest