With the aim of designing and building electric cars and joining a list of global automakers aiming to make such vehicles in China, Nissan Motors and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group…. Read More ›
Day: August 29, 2017
Russian Oil Traders Say It’s Business As Usual Despite New U.S. Sanctions
Circumventing tighter restrictions imposed this month by the United States on the foreign finance they can use, Russian oil companies will quickly find ways to work around those restrictions, says the media quoting multiple Russian oil industry sources. The new… Read More ›
Australia and Peru negotiating terms of an ambitious free trade agreement
The development marks the first signs of trade deal in the Pacific region following the U.S. withdrawal from the TPP. Peru expects to sign a “very ambitious” free trade deal with Australia which is likely to cover goods, investments, and… Read More ›
Joint military drills by South Korean & U.S. military reinforces confidence in region
Markets across the world have fallen due to North Korea’s missile launch. As per South Korea’s Yonhap news agency, top South Korean and U.S. military officials have agreed to make a strong response to North Korea’s latest ballistic missile… Read More ›
Uneasy China tries to appease U.S. concerns on its export of cheap steel
The Trump Administration has twice rejected Beijing appeal to cut steel overcapacity by 150 million tonnes. The Financial Times has reported citing sources familiar with the matter, U.S. President Donald Trump has rejected a Chinese proposal to cut steel overcapacity… Read More ›