There is likely to be volatility into long-dormant foreign exchanges and possible additional pressure on world markets because of the trade war between the United States and China being dragged into the currency market, warned analysts, as Washington identified Beijing… Read More ›
As a result of the Renminbi breaching this threshold, the Chinese will have to shell out a lot more to service their debt especially if they want to boost exports. This is even more important given Beijing’s holding of the… Read More ›
A consumer backlash in South Korea promoted by an increasing trade spat with Japan saw sale of Japanese cars drop significantly last month in Tokyo’s neighboring country. According to data from the auto industry, there was a 32 per cent… Read More ›
The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
According to the latest figures from United Kingdom, there has been an almost a fifth increase in the number of tourists visiting the UK from China this summer. There was also a 6 per cent year on year increase in… Read More ›
The announcement of a 10 per cent import tariff on the remaining $300 billion worth of Chinese imports by the United States president Donald Trump has seen retail stocks lose value significantly. The plight of the retailers was spoken about… Read More ›
The Indian auto industry makes up almost half of the manufacturing output of India and it is facing a slowdown that has not been seen in the past almost one decade. Sale of vehicles has fallen sharply wand there are… Read More ›
The sudden decision by United States president Donald Trump to impose a 10 per cent import tariffs on the remaining $300 billion of Chinese imports into the country will be fought back by China, authorities said on Friday. The sudden… Read More ›
pro-European Union Liberal Democrats have won a parliamentary seat from Brecon and Radnoshire. On Friday, In a development that marks the first blow to British Prime Minister Boris Johnson after taking office, Britain’s pro-European Union Liberal Democrats won the parliamentary… Read More ›
The move underscores Trump’s intent to not incentives Chinese strategy of tiring opponents through unproductive never ending negotiations. U.S. President Donald Trump made it lucidly clear to Chinese President Xi Jinping that the United States will not backdown from China’s… Read More ›
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