After the Brexit vote, a number of commentators (myself included) argued that the UK economy would fall into a recession. The reason for this conclusion is that recessions are usually caused by some type of economic shock that has broad negative ramifications for the economy at large. The Brexit vote certainly qualified. London had […]
EU economic news started turning more bullish at the end of 2016. Markit Economic’s PMI surveys frist reflected the more posirive tone, which continued improving through 2017. Industrial production growth – which stalled in 2016 – followed the PMIs higher in 2017. A strengthening employment picture led to increased retail sales growth. And The […]
Before analyzing the Bank of Japan’s latest interest rate decision, let’s analyze the current condition of the Japanese economy by looking at it from the same perspective as the BOJ. They often talk about “virtuous cycles,” which begins with consumer or business activity and ends with spending. Consumer activity is employment. Japan […]
LANGKAWI (April 29): Former Prime Minister and Pakatan Harapan chief Tun Dr Mahathir Mohamad, who claimed that his charter jet from Subang to here was…
(April 29) Tian Chua, whose nomination to contest in GE14 was rejected by the Election Commission has got a, for want of a better description,…
LANGKAWI (April 29): Opposition coalition Pakatan Harapan (PH) will be filing an appeal in court over the disqualification of a number of its candidates by…
LANGKAWI (April 29): Businessman Tan Sri Mokhzani Mahathir says he will ignore comments by Barisan Nasional (BN) leaders regarding his wealth during the 14th election…
The “comical” yet almost “disastrous” antics of Dr. Tan Yee Kew, the Pakatan Harapan candidate for Wangsa Maju, somehow help put the “gloss” on the…
March data was again all positive, including both new and existing home sales, the FHFA and Case-Shiller house price indexes, and durable goods orders. First quarter GDP rose, although at a lower rate than Q4 2017, and the most leading components of GDP were mixed. The employment cost index rose at the highest YoY rate […]
KUALA LUMPUR (April 28): The Edge weekly in its latest edition said the stage is set for the 14th general election (GE14), which will be…
KUALA LUMPUR (April 28): Campaigning for Malaysia’s general election started officially on Saturday, pitting Prime Minister Najib Razak against his former mentor, Mahathir Mohamad, in…
KUALA LUMPUR (April 28): PKR president Datuk Seri Wan Azizah Wan Ismail was shocked and saddened by news that the party’s candidate Tian Chua’s was…