The Japanese government enhanced budgetary allocations to record levels in social security costs and military spending in its fiscal budget for 2018 which comprised a total budget of 97.71 trillion yen (926 billion U.S. dollars) and passed by the country’s… Read More ›
iQiyi, China’s equivalent to Netflix, will be listed on the Nasdaq on Thursday under the symbol IQ. Unlike its U.S. peer, the video streaming platform has a low subscriber base and generates additional revenues from syndication, online marketing and gaming…. Read More ›
Under new laws Britain’s Treasury Committee can order the siezure of assets if their owner(s) are unable to explain the source(s) of their funds; providing misleading statements could result in fines or up to two years in the cooler. Following… Read More ›
Although Saudi Arabia is one of the world’s sunniest countries, its solar power footprint is minuscule. This project, to a big extent, diversifies it economy, greenifies and balances its power generation industry which traditionally has been largely oil-fired power. As… Read More ›
Faced with two fronts, the China’s steel industry perhaps could be persuaded to adequately alter its production and trading policy. The imposition of EU tariffs on Chinese steel could complicate matters if not significantly alter the face of the industry…. Read More ›
With China’s trade surplus with the United States at $375 billion, it clearly has much to lose. The Trump Administration has demanded that China cut this surplus by at least $100 billion. As per a source familiar with the discussions… Read More ›
The differences in trade between the United States and South Korea have been settled through a agreement on trade. A new version of the trade agreement that had existed between the countries over the last six years was developed and… Read More ›
Hikes in pay in some parts of Britain do not match the enhancement in worker output, warns a new report also highlighting the possibility of a split of the British economy widening further after the initial lines were drawn by… Read More ›
News of U.S. Treasury Secretary Mnuchin planning a visit to China had eased fears of a trade war between the two giant economies. With the United States and China set to negotiate on trade, fears of trade wars between two… Read More ›
The financial support of up to $37 million to small and medium sized companies who are affected by on of GM’s Korea’s plant, could be extended to more depending on the overall impact the closure will have on these companies… Read More ›
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