There is likely to be volatility into long-dormant foreign exchanges and possible additional pressure on world markets because of the trade war between the United States and China being dragged into the currency market, warned analysts, as Washington identified Beijing… Read More ›
The development comes in the backdrop of an escalating trade wat with the United States. In a development that marks China once again resorting to using tourism as a weapon in the ongoing U.S.-China trade war, Air China, Beijing’s flagship… Read More ›
Jeff Bezoz had earlier stated, he would be selling stock every year to fund Blue Origin. As of last Friday, Amazon.com Inc’s Chief Executive Officer Jeff Bezos has sold $990 million worth of shares in the company and made a… Read More ›
As a result of the Renminbi breaching this threshold, the Chinese will have to shell out a lot more to service their debt especially if they want to boost exports. This is even more important given Beijing’s holding of the… Read More ›
A consumer backlash in South Korea promoted by an increasing trade spat with Japan saw sale of Japanese cars drop significantly last month in Tokyo’s neighboring country. According to data from the auto industry, there was a 32 per cent… Read More ›
While analysts’ had expected it would return some of its profits through dividends, HSBC has stuck to its strategy of share buyback. On Monday, HSBC reported its second quarter results. Its first-half pretax profits have risen by 15.9%. HSBC has… Read More ›
The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
The acquisition has synergy with Fox Business and Fox Television Stations, given that Credible would benefit from access to the broadcast and entertainment giant’s huge audience. On Monday, Credible Labs Inc, a U.S. consumer lender disclosed, it has agreed to… Read More ›
According to the latest figures from United Kingdom, there has been an almost a fifth increase in the number of tourists visiting the UK from China this summer. There was also a 6 per cent year on year increase in… Read More ›
The announcement of a 10 per cent import tariff on the remaining $300 billion worth of Chinese imports by the United States president Donald Trump has seen retail stocks lose value significantly. The plight of the retailers was spoken about… Read More ›
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