An announcement for a US-Japan trade agreement could be made in August, said the United States president Donald Trump which is an indication that he would want to push Japan for the trade deal well before the six month period… Read More ›
Day: May 27, 2019
UBS Says Not ‘Enough Pain’ Being Faced By US & China Currently To Strike A Trade Deal
After United States president Donald Trump implemented an increase in trade tariffs on Chinese products and included Chinese telecom manufacturer Huawei in its so called’ entity list’ that banned it from doing business in and with US companies, thye high… Read More ›
China’s banking regulator takeover Mongolia-based Baoshang Bank
The development underscores the prevalence of unmanageable debt, which poses a systemic risk in China’s financial system. On Monday, in a significant development, the takeover of Inner Mongolia-based Baoshang Bank by by China Banking and Insurance Regulatory Commission (CBIRC), jolted… Read More ›
FCA Renault merger proposal has merits
An European industrial giant in Europe bodes well for the bloc. On Monday, Sibeth Ndiaye, a spokeswoman for the French government stated, the government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and France’s Renault…. Read More ›
Fiat proposes merger of equals with Renault
Fiat Chrysler’s proposed merger with Renault aims to mitigate the costs of emerging technological and regulatory challenges by creating a company which will be the third biggest carmaker in the world. On Monday, shares of Renault and Fiat surged following… Read More ›
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