Author Archives
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Unfair Standards Keep its Credit Rating Below China’s, says India
Asking why Asia’s third-largest economy has been denied an upgrade even as growth and fundamentals improve, India questioned the methodology used by global rating agencies. “Rating agencies have inconsistent standards,” Arvind Subramanian, chief economic adviser at the Finance Ministry, told reporters in New… Read More ›
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China Mainland Police Seize Chinese Billionaire from Hong Kong
The Chinese public security agents reportedly abducted a Chinese billionaire with connections to top Beijing leaders from the Four Seasons Hotel in Hong Kong and taken to the mainland, the media reported quoting two people familiar with the investigation. As Chinese President… Read More ›
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For Companies Relocating due to Brexit, Germany is the Top Destination: EY
According to the latest EY study, following Britain’s decision to leave the European Union, Germany has been identified as the top destination by global investors with operations in the U.K. looking to relocate. Companies planning to change or relocate some… Read More ›
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As Disposals Accelerate, Shell Sells $4.7 Billion of Fields
Royal Dutch Shell Plc accelerated its drive to shed assets on Tuesday by agreeing to the sale of fields in the North Sea and Thailand for as much as $4.7 billion as it looks to pare debt swollen by last… Read More ›
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Sweden Model for Use of Smart Money to Survive the Trump Era
Every time a political shock hits markets, it doesn’t pay to expect the worst, recent history suggests. Don’t expect a bloodbath if elections in Europe this year unleash a populist wave like the one that propelled Donald Trump into the… Read More ›
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Nomura says India Tech Firms to be Hit on Work Visa Access by Trump’s ‘America First’
According to analysts at Nomura, the viability of the offshoring model adopted by Indian software companies could be affected by President Donald Trump’s ‘America First’ goal. Taking a tougher stance on immigration and called for a reassessment of U.S. foreign policy positions,… Read More ›
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As Global Threats Multiply, Israeli Cybersecurity Industry Grows
In a year when the world suffered an $81 million central bank heist, a massive e-mail leak that may have altered U.S. elections and a successful cyberattack on a national power grid, investments in Israel’s cybersecurity industry jumped 9 percent… Read More ›
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If Trump Immigration Ban Snares Britons, U.K. will Act, says May
Saying that she does not agree with the approach, U.K. Prime Minister Theresa May broke her silence over President Donald Trump’s U.S. immigration ban on Muslim-majority nations. After the U.S. President temporarily froze the entry of other refugees and prohibited entry… Read More ›
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Some of the World’s Fastest Growth Posted by Rising Tiger Philippines
As Philippines posts some of the fastest growth rates in the world, it is finally catching up with its fellow Asian tiger economies after years spent languishing behind its neighbors. The Philippines is mimicking gains seen in Malaysia and Thailand… Read More ›
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Deutsche Bank says a Correction in Euro Stocks Could be Triggered by Fewer Growth Surprises
According to analysts at the German bank, European stocks are at the mercy of a slowdown in positive macro surprises. Citing the close relationship between global stock-market performance and better-than-expected data across major economies since November 2016, analysts at Deutsche Bank AG… Read More ›
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