The potential sale comes midst China flexing its muscles in the region, especially in the South China sea. In a significant development, despite facing stinging criticism from China, the U.S. State Department has approved the potential sale of M1A2T Abrams… Read More ›
Economy & Finance
Japan’s High Tech Trade Dispute With South Korea Explained
The recent decision of Japan to put a cap on the exports to South Korea of high-tech materials used in smartphone displays and chips reflects how the third largest economy of the world dominates the global supply chain of such… Read More ›
India Takes Steps To Popularize Electric Vehicles, Reduces Taxes To Make Them Cheaper
The Indian government is now offering incentives for boosting demand for electric vehicles while also easing a number of regulatory restrictions in order to make the country a global hub for manufacturing of electric vehicles. The Indian government has announced… Read More ›
Disruption caused by IMO 2020 is an opportunity: investment funds
From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
WeWork aims to raise $3-$4 billion in debt offering ahead of IPO
The move is strategic in the sense, WeWork aims to boost its funding levels before it asks for funds from investors through its IPO. According to a source familiar with the matter at hand, in a move aimed at fueling… Read More ›
Data will decide on next ECB policy: Francois Villeroy de Galhau
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
Saudi Arabia’s budget airline Flydeal opts for Airbus 320 over Boeing 737 MAX
Boeing appears to be steadily losing market share over the 737 MAX fiasco. In a significant development, Saudi Arabia’s budget airline, Flyadeal stated, it has opted for a fleet of Airbus A320 jets rather than buy more Boeing 737 MAX… Read More ›
U.S. trade action having desired effect on China
China will never publicly acknowledge the impact of U.S. trade action on its economy. But its desperation to hammer out a trade deal with the U.S. is telling. In a development that essentially underscores the pain U.S. trade action is… Read More ›
ILO Study Finds Top 10% Take Away Almost Half Of Global Wages
The International Labour Organization (ILO) claims that just 10 per cent of workers in the world scoop up almost half of all global pay while just 6.4 per cent of the global pay is accounted for the lowest paid 50… Read More ›
South Korea Threatens Retaliation To Japan’s Export Curb Of 3 Materials
The global supply chain and supplies of chips and smartphones could get disrupted because of a potential row between South Korea and Japan as Seoul threatened Tokyo with retaliation against the latter’s recent decision to put export limits on high-tech… Read More ›