The Magazine for Asian Investors
As reported by the World Gold Council, gold demand has started the year well, with a 34% year-on-year increase. This is mainly due to exchange-traded funds and gold’s status as a safe haven. Demand for gold bars and coins was…
The Indian local newspaper Financial Express reported that Indian imports from Russia have more than tripled since the beginning of the Ukraine crisis and now amount to $4.67 billion. India is caught between two fronts, on the one hand, Russian…
The Reserve Bank of India (RBI) raised its repo rate by 0.40% to 4.40% at its meeting on Wednesday, saying the continued spike in inflation has put pressure on the country’s economy. The yield on India’s 10-year government bond rose…
Asia is in the fast lane when it comes to building nuclear power plants. On no other continent in the world are so many nuclear power plants currently being built as in Asia. China is the main place with 19…
The Reserve Bank of India (RBI) kept the repo rate at 4% and the reverse repo rate, the central bank’s benchmark for borrowing from commercial banks, at 4% at its meeting today. The interest rate remained at a record low.…
Commodities are of strategic importance to every country in the world, as the global economy would not function without them. Wars have been fought over commodities, and even today commodities are used as leverage for international business. This means that…
India’s Ministry of Statistics has announced that the Consumer Price Index (CPI) rose 6.07% year-on-year in February. The CPI was above expectations of 5.93% and above the Reserve Bank of India’s target of 4% for the second month in a…
According to India’s Ministry of Statistics, gross domestic product (GDP) increased by 5.4% in the third quarter of 2021. GDP figures were lower than expected due to rising oil and commodity prices. Previously, the Indian economy grew by 20.3% in…
At today’s meeting, the Reserve Bank of India (RBI) kept its repo rate at 4% and the reverse repo rate, the central bank’s benchmark rate for borrowing from commercial banks, at 3.35%, a record low. Analysts had previously expected the…
Coal remains a hot commodity in 2022 even after a very good year in 2021. The coal price has already risen over 32% YTD and is currently trading at $183.00 per ton. The benchmark Newcastle Coal is also continuing to…
