A number of new measures are being taken by China so that there is more bank-lending which can further stimulate its slowing economy. In the latest measure in a spate of number of policy changes that the Chinese government has… Read More ›
Economy & Finance
Qualcomm In Critical Legal Battle Against The U.S. Antitrust Body
The antitrust case against Qualcomm brought by the U.S. Federal Trade Commission’s antitrust case accusing Qualcomm Inc of abusing a monopoly on mobile chip technology is expected to head to the courtroom on Friday for a trial whose outcome could… Read More ›
China to introduce stimulus measures, as U.S. trade action bites into its economic growth
Chinese Premier Li Keqiang has stated China will reduce the reserve requirement ratios (RRRs) for banks, and slash taxes and fees. Facing a multi-pronged trade action by the United States and the European Union, China, the world’s second largest economy… Read More ›
U.S. trade action bites Chinese economy, trade negotiations scheduled for Jan 7-8
The United States and China have until March to resolve the core issues of the trade war. If Beijing were to continue stonewalling U.S. demands of bringing an end to the abuse of its intellectual property, opening up its market… Read More ›
New Year tweet by Huawei employee reveals China’s discrimination against foreign companies
Here’s how a benign New Year tweet by a Huawei’s social media handler uncovered the national underlying discrimination against foreign companies. In a development that provides indirect evidence of the measures Chinese companies take to pressure and force its citizens… Read More ›
MiFID II increasing pressure on margins on mid-to-small brokerages
Although regulators introduced MiFID II in order to bring about increased transparency and ensure that investors get a fairer deal, but with the reduced cost of market research, the market dominance by large financial institution is quickly becoming an issue…. Read More ›
Big banks looking to alter credit card rewards program
Big banks, including Citigroup Inc, JP Morgan Chase & Co, American Express Co, are looking for ways to boost credit card usage while cutting back on the rewards program. This is a must read if you were eyeing that free… Read More ›
Italy budget: Parliament passes budget after EU standoff
Even while the opposition in Italy complained that the Italian government was being dictated by the European Union, the parliament of the country approved a revised budget for 2019. Earlier, the populist government of the country had actually pushed hard… Read More ›
Growth Forecast For First Half Of 2019 Cut By Goldman Sachs
Banking firm Goldman Sachs has cut down its expectations for growth in 2019 because of the volatile financial markets and weaker economic data, said the bank on Saturday. It however assured that there was no immediate chance of a full… Read More ›
Six Nations Cut Tariff To Initiate The Pacific Trade Agreement
The rehashed and renamed Trans-Pacific Partnership (TPP) agreement struck between 11 countries, not including the United States and China, comes into force from Sunday even as New Zealand’s trade minister applauding the huge opportunities that the deal would present for… Read More ›
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