One month after the start of the Lunar Near Year, China's economy remains completely paralyzed.
Just-in-time networks are very efficient but extremely fragile.
It may not be called a health pandemic yet but it is an economic pandemic."
The trade war, social unrest and coronavirus outbreak will make it harder for individuals and companies to stay afloat, says Johnson Kong of HKICPA.
The COVID-19 outbreak has hit at a time of much greater economic vulnerability than in 2003, during the SARS outbreak, and China's share of world output has more than doubled since then. With other major economies already struggling, the risk of outright global recession in the first half of 2020 seems like a distinct possibility.
Hong Kong stock investors are the worst off in 16 years relative to the rest of the world as concerns mount over the impact of the coronavirus on an economy already reeling from last year’s protests.
Live Updates: The World Health Organization (WHO) has warned countries around the world must be ready for the fast-spreading coronavirus to be “literally knocking at the door.”
As China, Italy, South Korea, Iran and other countries are showing us, a government lockdown happens swiftly, slamming shut your window to act.
The global economy was sliding into a nasty recession well before Covid-19 hit the scene. The coronavirus will...
What happens to gold when the fears recede? Here's what...
The price of gold, the supreme money, has been steadily rising and topping $1,650. Since September of last year, the Federal Reserve has been printing new money at a voracious pace. While all of this new money is being created, the Coronavirus is affecting economic output. The tinderbox of rising prices continues to heat up.
Gold futures on Monday surge, as the spread of the novel strain of coronavirus to Italy and other parts of the globe inject a fresh bout of nervousness into...
Economist Nouriel Roubini pointed to a number of destabilizing issues. They include: geopolitical tumult across at least four fronts, a potentially chaotic presidential election, reignited trade tensions with China, potentially catastrophic damage from climate change and the growing potential of cyberwarfare.
As coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward an eight-year low. They could sink even lower.
The Cleveland Fed president also indicated she wouldn't be in favor of hiking rates either, even if inflation should overshoot the Fed's 2% target.
According to the popular way of thinking, it is held that banks are responsible for the expansion of lending also known as credit, and given that economic prosperity is associated with an increase in credit, they are seen as crucial to the economic well-being.
Instead of celebrating the correct call for a gold break-out, Michael felt a sense of dread. Here's why...
The coronavirus epidemic is going to have a much bigger impact on the global economy than stock-market investors and policy makers had assumed.
Amid a 10-year-plus bull market, many investors can’t come to terms with the idea that there could be a substantial decline in the stock market.
It’s not different this time. It’s worse. For weeks the bull machine was relentless, ignoring everything on the heels of massive central bank intervention. The warning signs kept mounti…