OIL PRICE NEWS: $4 spike as OPEC ponders drastic action
The oil price has jumped $4 as OPEC and its allies consider a drastic plan to prop up the struggling crude market.
Singapore property crack down to cool overheating market
The Singapore government announced a new set of property cooling measures aimed at cooling down an overheating property market.
Chances of global recession now at 98%, researchers warn
Alarm bells are ringing across the global economy right now. Rising interest rates, high inflation, and a chaotic commodities market are all signs of a pending meltdown.
New Great Depression ‘likely’ in 2023 – analyst
A far-reaching economic depression will cause global mayhem next year, according to experienced analyst Francis Hunt.
India’s ‘secret plan’ to take over the global chip market
Industry analysts are now predicting that India could become a powerhouse in the global semiconductor market.
Booming interest in currency forwards as USD strengthens
As the US dollar rises, Asian economies are looking to currency forwards. In this article, we explain why.
Chinese property crisis intensifies as mortgage boycotts rise
New data from Citi Group reveals the number of distressed mortgages in China has surged to new all-time-highs as the number of mortgage boycotts increases.
New world order? Shanghai Cooperation Organisation unleashes seismic geopolitical shifts
This weekend, with little mainstream news coverage, some of the most consequential agreements in decades have been made at the 22nd Shanghai Cooperation Organisation Heads of State Summit in Uzbekistan.
Why China may soon reveal “astounding” gold reserves
A finance veteran believes an imminent announcement could see China reveal secret gold reserves that will astound the world.
Falling Yuan could trigger historic sell-off for global commodities
Experts are now warning a further rout in the commodities market is likely should the Chinese yuan continue to weaken.