According to a survey by Japan’s central bank, the business sentiment of the big manufacturers of Japan have touched a seven year low during the fourth quarter of the current year as the slowing demand for Japanese products for the… Read More ›
Economy & Finance
China yet to respond to U.S. conditions for Phase 1 trade deal
According to U.S. sources, the United States is ready to suspend some tariffs provided China is willing to commit to purchasing more U.S. goods. As per a source briefed on the status of bilateral negotiations between Washington and Beijing, the… Read More ›
Singapore’s sovereign wealth fund, GIC to acquire logistics real estate in Europe for $1 billion
On Friday, Singapore’s sovereign wealth fund, GIC stated, it had signed a deal to acquire a logistics real estate portfolio from Apollo Global Management’s affiliates for about $1 billion (950 million euros). “The portfolio comprises of 28 logistics assets across… Read More ›
Deutsche, Citi, and ANZ may have violated cartel laws in Australia
On Friday, in a local court a magistrate presiding over a case which is yet to go to trial, was presented with a four-word handwritten note by a JPMorgan Chase & Co banker which was presented by Australian prosecutors as… Read More ›
British elections sees rise of nationalists in Northern Ireland and Scotland
On Friday, with Democratic Unionist Party deputy leader Nigel Dodds losing his seat in the British parliament has increases the likelihood of Northern Ireland electing more Irish nationalists than pro-British unionists for the first time since 1921. As a result,… Read More ›
She Will Do Things Her Own Way, Says New ECB Chief Christine Lagarde
The newly appointed president of the European Central Bank and the former chief of the International Monetary Fund, Christine Lagarde, will be doing things her own way as president. This was a clear message from her to the investors and… Read More ›
British AI Firm Latent Logic Acquired By Google’s Self-Driving Car Waymo
The Oxford artificial intelligence company Latent Logic has been acquired for an undisclosed amount by Google’s self-driving car division Waymo. This also marked the entry of Waymo for the first time in et United Kingdom. A specialist in “imitation learning”,… Read More ›
US And China ‘Very Close’ To Trade Deal, Says Trump
United States president Donald Trump has announced that the US and China were “very” close to a “big” trade deal which saw a rise in the US stocks after the announcement. “They want it and so do we!” the US… Read More ›
High stakes meeting at White House on China tariffs today
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
G5 Sahelian meeting postponed to early 2020
On Thursday, in a statement, the French presidency said, President Emmanuel Macron and Niger President Mahamadou Issoufou agreed on a proposal which calls for postponing a meeting of Sahelian country leaders which was scheduled to take place in France this… Read More ›
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