Jan 31, 2012
Sir Donald Tsang Yam-Kuen, the current chief executive and president of the executive council of Hong Kong and the head of the government of the Hong Kong Special Administrative Region since July 1, 1997, made a comment at the World Economic Forum in Davos, Switzerland,...
Jan 23, 2012
The European Union formally adopted an oil embargo against Iran and a freeze of the assets of the country's central bank as part of sanctions meant to pressure the country to resume talks on its nuclear program.
In October, EU Foreign Policy Chief Catherine Ashton sent a...
Jan 17, 2012
Ma Jiantang, the head of China's statistics agency, said China's growth was likely to slow further as Beijing tries to restructure the economy away from exports and toward domestic consumption.
His comments came after Chinese GDP came in at 8.9 percent year over year in...
Jan 10, 2012
The German government recently auctioned six-month government bills above par, hereby yielding a negative -0.0122 percent, which means investors paid a little bit more than they will get back within six months.
By the way, this is not the first time this has happened in...
Jan 4, 2012
I d like to wish everybody good luck to start 2012 because, honestly, we all will need it.
Continuous deleveraging in 2012 will hurt in many places all over the world as the U.S. recovery will most likely remain extremely fragile. This was confirmed by what we read in...
Dec 27, 2011
When we look back on how various investment segments have performed this year, and more precisely between Jan. 3 and Dec. 23, we see the 30-year U.S. Treasury delivered a 16.06 percent win; gold a 13.11 percent win; OIL WTI a 9.01 percent win and the dollar a 1.01 percent...
Dec 19, 2011
The unexpected death of North Korean leader Kim Jong-il is the last thing the world and the markets need as it will add more uncertainty to a world that is awash with uncertainties.
One thing that seems clear is that Kim's youngest son, Kim Jong-un, who is in his late 20s...
Dec 12, 2011
I can t get enthusiastic at all about the results of last week s EU summit in Brussels.
After having downgraded the debt of three big French banks (BNP Paribas, Société Génerale and Crédit Agricole) on Friday, Moody's said that it will revisit the ratings of all European...