A potential trade war between the two largest economies of the world – US and China, could very easily alter the course of economies of smaller countries that are reliant on trade even though the actions of a trade war would… Read More ›
Economy & Finance
Munich Re limits its investments from dirty coal-related business
Investors are increasingly using their financial muscles to reward companies that limit their investments towards fossil fuel companies. On Monday, the world’s biggest reinsurer, Munich Re, stated it will stop investing in shares and bonds of companies that generate more… Read More ›
Higher Tariffs On Chinese Imports In To US Threatened By Trump Administration
Imposition of 25 per cent import tariffs on Chinese goods worth $200 billion is being considered by the US. This is more than double the 10% that was planned initially. President Donald Trump has made this request for a review… Read More ›
MediaTek Rivalry With Qualcomm Intensifies With Its New Chipset For Cheap Phones
Earlier this month, the Taiwanese firm founded in 1997 MediaTek accounted the development of a chipset series that can give a “greater number of consumers access to high performance devices without a premium price tag.” The firm was referring to… Read More ›
Marginal slowdown in growth noticed in EU’s fastest growing economy
The Investec Services Purchasing Managers’ Index (PMI) in Ireland fell to 57.4 from 59.5, its lowest level since March 2018. As per the results of a survey released on Friday, growth in the Ireland’s services sector have dipped slightly from… Read More ›
Myanmar scales back Kyauk Pyu deepwater port fearing debt trap
Myanmar seems to have learned the lessons of China-back projects in Sri Lanka and Pakistan. Avoids walking into a debt trap. According to a top government official from Myanmar, the government is scaling back plans for a port project funded… Read More ›
A weak yuan is one of China’s tools in its trade-war strategy
A weak yuan fits well into the ongoing global move of a loose monetary policy. Chinese policymakers have also made it very easy for investors to borrow and short-sell the yuan, which indicates that they are indirectly pushing down interest… Read More ›
Will retaliate if Washington takes further trade measures: Beijing
Given its trade surplus with the U.S., China will have to fight this trade very carefully. Beijing has let it be known that it is open to dialog. On Wednesday, in a move that is indicative of the economic impact… Read More ›
BoJ Injects Greater Policy Flexibility While Keeping Interest Rate Unchanged
A pledge to hold on to “extremely low” interest rates was made by the Bank of Japan (BoJ) and only made a series of small adjustments to its monetary policy. This brought an end to speculations among economists and markets… Read More ›
New Range Of Electric Motorbikes And An Electric Bicycle Unveiled By Harley-Davidson
Analysts are calling it the most important and radical change that has been brought into the 115-year-history of Harley Davidson after the struggling motorbike maker unveiled its new and forst ever model of electric motorcycles as well as an electric… Read More ›