While EU leaders agreed to consider screening investments by state-owned Chinese firms, Europe would react in kind if the United States did not play fair in trade, German Chancellor Angela Merkel warned U.S. President Donald Trump on Friday. The European… Read More ›
Economy & Finance
Largest IPO On Gas Field Sale To Be Issued At Tel Aviv Exchange
With the sale of part of the Tamar natural gas field by Delek Drilling, the Tel Aviv Stock Exchange, TASE, is about to see its largest IPO ever. An offering of about $1.2 billion in stocks and bonds to finance… Read More ›
As 2017 Unfolds A Bit Differently, Citi Private Bank Turns Bullish On Emerging Markets
A disruptive United States and growing political risks in Europe were among the most important of fears that the global markets started 2017 fearing. But Citi Private Bank said in its mid-year review that neither of those has turned out to be… Read More ›
Fake online stores exploit loopholes in banking system to process illegal banking transactions
This shadow banking system is used to launder billions of dollars. Here is how it functions. An examination by Reuters has opened a can of worms: a network of dummy online stores selling household goods have been used as a… Read More ›
MSCI Exec Says Inflow Into Chinese Stocks Could Be To The Tune Of About $17 Billion Or More
Once some of those stocks are added to the key MSCI Emerging Markets Index, an MSCI executive said that about $17 billion to $18 billion should initially flow into mainland China’s stock market. Tracked by an estimated $1.6 trillion, a… Read More ›
Family Policies That Could Piggyback Onto Tax Reform Effort Being Drawn By Ivanka Trump
In order to discuss family and child care policy as she seeks to build momentum around one of her signature issues, first daughter Ivanka Trump huddled with Republican lawmakers on Capitol Hill Tuesday morning. Sen. Marco Rubio of Florida, who has proposed… Read More ›
Weakening pound boost British exports
Here is a brief summary of the central bank’s assessment of the British economy. On Wednesday, the Bank of England reported that although British consumers are coming under increasing pressure from rising inflation, the weakening sterling was boosting export volumes… Read More ›
There are advantages to remaining within the European customs union
The life of Britain’s successful auto industry hangs in the balance. On Tuesday, Britain’s car industry set out its list of Brexit demands to British Prime Minister Theresa May’s government, warning that a return to WTO rules could permanently damage… Read More ›
Tech Cottage Industry For Spawn For India’s GST Launch Compliance
Massive changes for small businesses in India would have to be faced by the implementation of India’s new Goods and Services Tax (GST) as they will have to go online to file their taxes, even as the GST is set… Read More ›
Pimco Says Australian Dream Is Emerging Markets’ Best Haven
Pacific Investment Management Co. has some advice on where investors should be positioned when the year-and-a-half bull run in emerging markets comes to end at some point. The “Australian Dream” is the shorthand for countries with strong institutions where external… Read More ›