With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
The economic dialog between the two of the biggest economies could potentially deepen U.S.-Japan economic relations. On Monday, the United States and Japan are likely to hold their second economic dialogue on October 16 in Washington, said a source familiar… Read More ›
The demand for light sweet crude, with lower sulfur content, is set to peak in the near future. On Monday, an executive from Enterprise Products disclosed that the demand for U.S. light sweet crude is could potentially go northwards since… Read More ›
A surge of innovation that upended the mobile phone industry was unleashed by Apple Inc. ten years ago. And about to pull the same trick on Big Oil could be electric cars, with a little help from ride-hailing and self-driving… Read More ›
Chinese officials have even more motivation to keep financial markets stable after the credit assessor cut the nation’s rating less than a month before the start of a twice-a-decade Communist Party congress. China’s Ministry of Finance said in a statement on Friday that S&P’s… Read More ›
With Afghanistan’s President Ashraf Ghani visiting the U.S. the two leaders vowed to defeat terrorism, the steep hurdle that has to be crossed before Afghanistan’s riches can be tapped. In a meeting in New York, U.S. President Donald Trump and… Read More ›
Due to increasing risks from the country’s rapid build-up of credit, S&P Global Ratings downgraded China’s long-term sovereign credit rating by one notch on Thursday to A+ from AA-. “The downgrade reflects our assessment that a prolonged period of strong… Read More ›
The electric cars in the Norwegian island of Finnoey are exempt from the $6,000-a-year toll charges for the tunnel to the mainland and that is the reasons that this place has the highest density of electric cars in the world…. Read More ›
Even if the rest of the rich world did not follow suit, the EU should proceed with an overhaul of taxes on digital firms, the European Commission said according to a draft report. Accused of paying too little tax in… Read More ›
The moving of the headquarter from Germany to the Netherlands for the new entity that has been formed by merger of the steel making operations of Germany’s iconic Thyssenkrupp AG and India’s Tata Steel Ltd. would result in thousands of jobs and this has… Read More ›
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