Author Archives

• A weak yuan is one of China’s tools in its trade-war strategy

  By admin1 on August 1, 2018 • ( 0 )

  

  A weak yuan fits well into the ongoing global move of a loose monetary policy. Chinese policymakers have also made it very easy for investors to borrow and short-sell the yuan, which indicates that they are indirectly pushing down interest… Read More ›

• Will retaliate if Washington takes further trade measures: Beijing

  By admin1 on August 1, 2018 • ( 0 )

  

  Given its trade surplus with the U.S., China will have to fight this trade very carefully. Beijing has let it be known that it is open to dialog. On Wednesday, in a move that is indicative of the economic impact… Read More ›

• BMW to invest $1.17 billion in a auto plant in Hungary

  By admin1 on July 31, 2018 • ( 0 )

  

  A home to premium carmakers, the move will strengthen Hungary’s economy. In a strategic move, BMW stated, it will be investing $1.17 billion (1 billion euros) for a new car factory in eastern Hungary. The move is likely to add… Read More ›

• Ralf Brandstaetter to be named as VW’s Chief Operating Officer

  By admin1 on July 31, 2018 • ( 0 )

  

  Ralf Brandstaetter will assume the new role in addition to his existing responsibilities. On Tuesday, German daily Bild reported citing a source familiar with the matter at hand as saying, Volkswagen, Europe’s biggest carmaker, is likely to name Ralf Brandstaetter… Read More ›

• Solar panel glut leading to more cost effective installations globally

  By admin1 on July 31, 2018 • ( 0 )

  

  The glut has not only significantly diluted the impact of Trump’s tariffs but has also led to solar panel makers consolidating and expanding their market footprints through volume rather than margins. In recent weeks, the steep decline in the prices… Read More ›

• British auto industry will face significant disruption in case of a cliff-edge Brexit

  By admin1 on July 31, 2018 • ( 0 )

  

  The Society of Motor Manufacturers and Traders (SMMT) has made it amply clear to the British government that a no-Brexit deal is not an option. On Tuesday, Britain’s automobile industry group made it lucidly clear to the government that a… Read More ›

• Forex investors and analysts awaiting key decisions by central banks, set for this week

  By admin1 on July 30, 2018 • ( 0 )

  

  The forex market promises to be turbulent in the near term. On Monday, with investors shying away from taking any big position ahead of the central bank monetary policy meetings this week, currencies in the forex market stuck to familiar… Read More ›

• Sky TV Poll shows majority of British voters think Brexit would be bad for the country’s economy

  By admin1 on July 30, 2018 • ( 0 )

  

  The nationally representative sample throws light on what British voters want out of the Brexit deal. On Monday, as per the results of a Sky TV poll, 50% of British voters support a referendum for choosing between leaving the European… Read More ›

• Deutsche Bank re-routes euro clearance to Frankfurt from London

  By admin1 on July 30, 2018 • ( 0 )

  

  Although this is largely a symbolic move, it marks a significant increase in the market share of its clearing division. On Monday, Deutsche Bank’s spokesman confirmed that it has moved a “large part” of its euro clearing activity from London… Read More ›

• China to invest more in infrastructure to offset trade war impacts on its economy

  By admin1 on July 27, 2018 • ( 0 )

  

  Chinese policymakers have ample room to boost fiscal outlays in government spending, with one of the options being sprucing up much-needed urban facilities, including parking lots and retirement homes, rather than plough in funds in mega projects. According to Chinese… Read More ›