Author Archives
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After Germany’s Merkel Hangs On To Power, Euro, Stocks Slip
Following the win of European Union’s most powerful leader German Chancellor Angela Merkel’s fourth term but faced by a fractured parliament as support for the far-right surged, the single currency and European stocks slipped. Distraction from negotiations with Britain over… Read More ›
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Since iPhone, This Is How Electric Cars Can Create The Biggest Disruption
A surge of innovation that upended the mobile phone industry was unleashed by Apple Inc. ten years ago. And about to pull the same trick on Big Oil could be electric cars, with a little help from ride-hailing and self-driving… Read More ›
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S&P’s First China Downgrade Since 1999 Could Be Good News For Bulls
Chinese officials have even more motivation to keep financial markets stable after the credit assessor cut the nation’s rating less than a month before the start of a twice-a-decade Communist Party congress. China’s Ministry of Finance said in a statement on Friday that S&P’s… Read More ›
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Citing Increasing Economic, Financial Risks, S&P Cuts China’s Credit Rating
Due to increasing risks from the country’s rapid build-up of credit, S&P Global Ratings downgraded China’s long-term sovereign credit rating by one notch on Thursday to A+ from AA-. “The downgrade reflects our assessment that a prolonged period of strong… Read More ›
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State Handouts Paves Way For Road To Electric Car Paradise
The electric cars in the Norwegian island of Finnoey are exempt from the $6,000-a-year toll charges for the tunnel to the mainland and that is the reasons that this place has the highest density of electric cars in the world…. Read More ›
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If No Global Deal Is Struck, EU Plans To Go Alone On The Issue Of Digital Tax
Even if the rest of the rich world did not follow suit, the EU should proceed with an overhaul of taxes on digital firms, the European Commission said according to a draft report. Accused of paying too little tax in… Read More ›
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Thyssenkrupp-Tata Deal Shakes Up German Election
The moving of the headquarter from Germany to the Netherlands for the new entity that has been formed by merger of the steel making operations of Germany’s iconic Thyssenkrupp AG and India’s Tata Steel Ltd. would result in thousands of jobs and this has… Read More ›
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China Should Open Up Markets Like It Says It Will, European Group Urges The Second Largest Economy
The European Union Chamber of Commerce in China warned that China needs to make good on its own repeated calls to open up its markets, or face consequences. With President Xi Jinping making speeches on openness and globalization, China has publicly avowed to do… Read More ›
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How The German Elections Could Determine Europe’s Destiny
A result being described one which could seal the continent’s fate in terms of ever closer political and economic union, Angela Merkel is likely to be re-elected as Germany’s chancellor for a fourth term in an election next Sunday. With… Read More ›
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Military ‘Equilibrium’ With U.S. Is Sought By North Korea
While the United States had earlier signalled that its patience for diplomacy is wearing thin after Pyongyang fired a missile over Japan for the second time in under a month, on Saturday, North Korea said that it aims to reach… Read More ›
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