On Thursday, Haruhiko Kuroda, the Governor of the Bank of Japan stated, central banks are facing new issues from climate-related risk which must be mitigated to maintaining financial stability. “Natural disasters, such as the strong typhoon that struck Japan in… Read More ›
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
ByteDance, the Chinese owner of the social media app TikTok, is trying to separate the app from its other Chinese businesses and operations as the app has come under pressure after an inquiry into the safety of the personal data… Read More ›
In a deal that values the owners of English soccer champions Manchester City at $4.8 billion, private equity firm Silver Lake has agreed to make a $500 million equity investment into the Premier League club. Silver Lake will have a… Read More ›
Michel Barnier, the European Union’s Brexit negotiator, has told EU lawmakers that he will make Britain’s new trade deal with the EU a priority after Brexit, said a report from the Financial Times citing sources briefed on a closed-door meeting…. Read More ›
One of China’s most prominent tech companies Alibaba Group recorded strong debut at the Hong Kong stock exchange as its shares rose by almost 7 per cent. At the end of the first day of trading the stocks of the… Read More ›
The fall in growth of demand for cars in the crucial markets of the United States and China will result in the global rate of growth of the car industry dropping to its most year-on-year in 2019 since the global… Read More ›
A new brokerage giant will be created by the merger of Charles Schwab Corp and TD Ameritrade Holding Corp with the former acquiring the later in an all-stock deal that has been valued by the companies at $26 billion. The… Read More ›
According to Raphael Pitoun, portfolio manager at CQS New City Equity The new consumer “staples” for Chinese consumers are luxury goods. The experience that LVMH has gained from establishing the Bulgari brand internationally will help the company in leveraging the… Read More ›
On Tuesday, as per a statement from China’s Commerce Ministry, top trade negotiators from the United States and China have held a phone call to try and hammer out a preliminary “phase one” trade deal. Chinese Vice Premier Liu He… Read More ›
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