Singapore GDP may drop 10 per cent as global trade slumps
Only last month the founding father of the city state of Singapore, Lee Kuan Yew warned that GDP may drop by 10 per cent if exports continue on their downward path.
This is more pessimistic…
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Impressive unity but UAE economy faces serious headwinds
The official tour of Dubai by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has been hailed as an impressive demonstration of federal unity in the face of the mounting challenges that face…
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Will gold stocks beat the next bear market leg?
Last year gold and silver prices fell into a hole with the general stock markets, so the obvious conclusion is that if the stock market rally turns into another bear phase then gold and silver…
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Why big business should always support press freedom
If press freedom was really bad for business interests then it would never have lasted in the United States. Openness and transparency ultimately aids price discovery and raises market valuations. Hence it has survived despite…
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Jim Rogers sees currency crisis this autumn
Famous former hedge fund manager Jim Rogers highlights the dangers of inflation and predicts a currency crisis this autumn. He sees more hard times ahead and says move to Asia and buy agricultural…
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Are the Goldman Sachs results today the top of the rally?
When China made a $3 billion investment in Blackstone Group this just had to mark the top of the private equity bubble. It did.
Likewise Goldman Sachs raising $5 billion off the back of the…
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China not likely to be buying assets in the GCC
The best client for capitalism’s investment bankers must be the People’s Republic of China these days. China is on a buying spree, snapping up global assets at depressed prices paid from its foreign currency reserves…
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UAE rent falls to stimulate the economy
A one-bedroom apartment in The Greens, Dubai has just been rented out for $17,700, exactly half the rent it commanded a year ago. Bad news for the landlord but money in the pocket of the…
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Sucker's rally now coming to an end
Whatever the technical reason for the 25 per cent rise in the S&P over the past five weeks, or a more modest eight per cent bounce in GCC regional stock prices, the absurdness of this…
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Still far too early for expats to buy UK property
Property prices are still falling in the UK, but a combination of lower interest rates and a devalued pound is attracting expatriates to buy back home. It is still far too early, the best bargains…
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