There is need for Japan to be cautious in relation to the recent remarks made by United States President Donald Trump about currencies and there could be requirement for Tokyo to convince Washington that the aim of monetary easing in… Read More ›
Day: July 23, 2018
Trade Tariffs Impacting Global Economy, G20 Economic Leaders Warned By IMF
Global growth could be significantly impacted by the recent spate of trade tariffs, warned the International Monetary Fund (IMF) targeted at the world economic leaders. The warning comes barely after a few days of United States President Donald Trump issuing… Read More ›
Saudi Arabia’s Aramco eyeing controlling stake at SABIC
While the size of the stake is yet unknown, what is certain is that it wants a majority stake in SABIC. As per two sources familiar with the matter at hand, Saudi Arabia’s Aramco aims to purchase a controlling stake… Read More ›
Mining giant BHP facing class-action lawsuit over Samarco dam in Brazil
BHP has provisioned $650 million in 2018-2019, which was at the lower end of their expectations. On Monday, Melbourne, Victoria-based BHP, formerly known as BHP Billiton, an Anglo-Australian multinational mining, metals and petroleum company stated, it has been served with… Read More ›
BOC Aviation Ltd to purchase 17 new Airbus jets worth $2.2 billion
Singapore-based BOC Aviation is Asia’s second biggest aircraft lessor. It expects deliveries of these aircrafts in 2020 & 2021. On Monday, BOC Aviation Ltd stated it would purchase 17 new Airbus A320NEO and A321NEO jets, at a combined value of… Read More ›
China’s Ministry of Commerce opens anti-dumping probe against Stainless Steel imports from EU, South Korea, Japan and Indonesia
China’s import of hot-rolled stainless steel sheet and stainless steel billets jumped by 200% in 2017. On Monday, China’s Ministry of Commerce disclosed, it has begun an anti-dumping investigation into the import of hot-rolled stainless steel sheet and stainless steel… Read More ›
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