China’s use of raw materials is huge

Over the last 20 years, the world economy has relied on the Chinese economic growth engine more than it would like to admit. The 1.4 billion people living in the world’s most populous country account for 13% of global GDP, which is significant no matter how it is interpreted. However, in the commodity sector, China has another magnitude of importance. The fact is that China consumes mind-bending amounts of materials, energy, and food.… Read more

Oil Price jitters- is it up or is it down

Oil prices continued their rally this week, after an 8% surge on Friday 30 January.

As some traders try to identify the bottom in oil prices, Morgan Stanley warns that “small crude oil rallies can occur, but are likely limited and unsustainable.”

Data from Baker Hughes last week showed that US oil rigs posted a weekly decline that was the most since the drilling company started collecting the data.… Read more

What’s the Media’s future?

While this is a US chart, it certainly seems to mirror my personal experience…

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Traveling by MRT or Bus all I see is people staring into their mobiles. At breakfast or lunch- staring into mobiles, on the bus or MRT home staring into their mobiles, Japan, Korea, Malaysia, Singapore- all on mobiles- obviously a biased sample, but increasingly mobile communications- facilitated by large screen phones- is the default mode in Asia.… Read more