• 24 2017 March

    A New Trend Emerges – Digital Gold “Gifting” Gains Popularity In China

    I rarely write about gold these days, but the following from Reuters caught my attention.  BEIJING/SHANGHAI, March 7, China’s virtual gifting market, typically the domain of plugged-in young consumers celebrating special occasions or flirting, is luring major financial institutions keen to boost trade of another auspicious commodity: gold.  Tencent’s digital gold packets,

    ( Read More )

    I rarely write about gold these days, but the following from Reuters caught my attention.  BEIJING/SHANGHAI, March 7, China’s virtual gifting market, typically the domain of plugged-in young consumers celebrating special occasions or flirting, is luring major financial institutions keen to boost trade of another auspicious commodity: gold.  Tencent’s digital gold packets,

    read more →
  • 24 2017 March

    Why America’s Auto Debt Boom Fuels Bubble Talk: QuickTake Q&A

    Since the auto industry’s near-death experience, sales have come roaring back — last year, a record 17.55 million vehicles moved off U.S. dealer lots. A secret ingredient? Consumer debt, and plenty of it. But things are starting to look a little trickier, as passenger car sales are dropping, overall vehicle

    ( Read More )

    Since the auto industry’s near-death experience, sales have come roaring back — last year, a record 17.55 million vehicles moved off U.S. dealer lots. A secret ingredient? Consumer debt, and plenty of it. But things are starting to look a little trickier, as passenger car sales are dropping, overall vehicle

    read more →
  • 24 2017 March

    Bank Negara: Jobless youths on the rise and many are young grads

    KUALA LUMPUR (March 23): Youths unemployment has been on the rise in the country as growth in hiring slowed since late 2014, and was estimated to have reached 10.7% in 2015, over three times the national unemployment rate of 3.1%, according to Bank Negara Malaysia (BNM). And among these jobless

    ( Read More )

    KUALA LUMPUR (March 23): Youths unemployment has been on the rise in the country as growth in hiring slowed since late 2014, and was estimated to have reached 10.7% in 2015, over three times the national unemployment rate of 3.1%, according to Bank Negara Malaysia (BNM). And among these jobless

    read more →
  • 23 2017 March

    Hong Kong’s New Leader Will Inherit a Fragile Economy

    Hong Kong’s next chief executive — to be selected on Sunday — will inherit an economy vulnerable to China’s growing pains on one side and volatile global capital flows on the other. Having weathered war, revolution, handover, crises, epidemics and much else over its turbulent history, the gateway to China has repeatedly

    ( Read More )

    Hong Kong’s next chief executive — to be selected on Sunday — will inherit an economy vulnerable to China’s growing pains on one side and volatile global capital flows on the other. Having weathered war, revolution, handover, crises, epidemics and much else over its turbulent history, the gateway to China has repeatedly

    read more →
  • 23 2017 March

    China Debt Risks Go Global Amid Record Junk Sales Abroad

    China’s riskiest corporate borrowers are raising an unprecedented amount of debt overseas, leaving global investors to shoulder more credit risks after onshore defaults quadrupled in 2016. Junk-rated firms, most of which are property developers, have sold $6.1 billion of dollar bonds since Dec. 31, a record quarter, data compiled by Bloomberg

    ( Read More )

    China’s riskiest corporate borrowers are raising an unprecedented amount of debt overseas, leaving global investors to shoulder more credit risks after onshore defaults quadrupled in 2016. Junk-rated firms, most of which are property developers, have sold $6.1 billion of dollar bonds since Dec. 31, a record quarter, data compiled by Bloomberg

    read more →
  • 23 2017 March

    This New Bubble Is Even Bigger Than The Subprime Fiasco

    In 1988, a bank called Guardian Savings and Loan made financial history by issuing the first ever “subprime” mortgage bond. The idea was revolutionary. The bank essentially took all the mortgages they had loaned to borrowers with bad credit, and pooled everything together into a giant bond that they could

    ( Read More )

    In 1988, a bank called Guardian Savings and Loan made financial history by issuing the first ever “subprime” mortgage bond. The idea was revolutionary. The bank essentially took all the mortgages they had loaned to borrowers with bad credit, and pooled everything together into a giant bond that they could

    read more →
  • 23 2017 March

    News: Gold’s prospects expected to improve with shariah standard

    The outlook for gold is unclear due to the current prices and uncertainties in the global economy. But it is expected to change in the long term because of the recent introduction of the shariah gold standard. Industry players say the gold standard, launched by the Accounting and Auditing Organisation

    ( Read More )

    The outlook for gold is unclear due to the current prices and uncertainties in the global economy. But it is expected to change in the long term because of the recent introduction of the shariah gold standard. Industry players say the gold standard, launched by the Accounting and Auditing Organisation

    read more →
  • 23 2017 March

    Why Nobody Trusts the World’s Best Currency

    It took a decade of gains for the Azeri currency to build up trust, and two devaluationsto ruin it. Even after a rally that’s made the manat the world’s best performer since the start of February, Azerbaijan’s Main Street isn’t convinced. The little confidence people had left in the Caspian Sea nation’s

    ( Read More )

    It took a decade of gains for the Azeri currency to build up trust, and two devaluationsto ruin it. Even after a rally that’s made the manat the world’s best performer since the start of February, Azerbaijan’s Main Street isn’t convinced. The little confidence people had left in the Caspian Sea nation’s

    read more →
  • 22 2017 March

    Gold hits 3-wk peak as investors shun equities on Trump worries

    BENGALURU (March 22): Gold prices rose to a three-week high on Wednesday, as risk-averse investors dumped equities amid a weaker dollar and sought safe havens on growing doubts about U.S. President Donald Trump’s economic agenda. Spot gold had risen 0.3% to US$1,247.56 per ounce by 0644 GMT, after touching a

    ( Read More )

    BENGALURU (March 22): Gold prices rose to a three-week high on Wednesday, as risk-averse investors dumped equities amid a weaker dollar and sought safe havens on growing doubts about U.S. President Donald Trump’s economic agenda. Spot gold had risen 0.3% to US$1,247.56 per ounce by 0644 GMT, after touching a

    read more →
  • 22 2017 March

    Venezuela Stops Publishing Money Supply Data for Obvious Reasons

    More than a year after hyperinflating banana republic Venezuela stopped reporting official inflation data, Venezuela has stopped publishing money supply data, depriving the general public of the last, and best, available tool to ascertain soaring inflation in what has become the world’s worst-performing economy. Then again, one hardly needs official

    ( Read More )

    More than a year after hyperinflating banana republic Venezuela stopped reporting official inflation data, Venezuela has stopped publishing money supply data, depriving the general public of the last, and best, available tool to ascertain soaring inflation in what has become the world’s worst-performing economy. Then again, one hardly needs official

    read more →

Featured Writers

GOLD as a Safeguard to Wealth in Asia

Sir William Petty, an English economist, scientist and philosopher, who served under Oliver Cromwell, as well as King Charles II and King James II, narrated that gold as wealth “…all

March 14, 2017

Events

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“Can banking be Islamic”? – Dato’ Manap Abd Wahab – 18/3 – Qaiser Damansara Perdana

📢Nubex presents the 5th session of: 💡 Nubex Intelligentsia💡 🔎An intellectual platform to discuss flaws of the current monetary system and to provide solutions for them. 🔍 Talk #5: Paper

March 14, 2017
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