If a proposal floated by President Trump to impose a 20% tariff on Mexican imports goes into effect, American consumers may have to pay more for products ranging from Toyotas to vegetables to beer. Mexico is currently U.S.’s third largest partner in the… Read More ›
Economy & Finance
Sales of Switch Luxury Watches Drop 10% Indicating Hard Times
As official crackdown on bribery makes it the worst year for the luxury industry since 2009, Swiss watch federation reports huge drop in exports to China to the tune of 10 % last year. As the Chinese bought far fewer… Read More ›
South Africa-Europe Trade Relations Rocked by Chicken Fight
Now chickens are at the center of a bitter fight between South Africa and Europe in a manner in which Chinese steel and Mexican-made cars became political dynamite last year as politicians including U.S. President Donald Trump championed anti-free trade rhetoric…. Read More ›
Britain in dire straits for a deal with the U.S.
Theresa May knows her legacy depends on walking on the middle path: cosying up to Trump will not put her in the good graces of her neighbours; revealing her “Hard Brexit” stance has already pushed her against the wall. Desperate… Read More ›
As E-Books Falter, Ink and Paper is the Bet for German Media Giant
‘No’ is the answer to the question of whether paper books – those things printed in ink on paper, been killed by the advent of e-readers such as the Amazon Kindle. And if Thomas Rabe is to be believed, the… Read More ›
Over $1 Billion a Year to be Continued to be Spent on Cyber Security by Microsoft
Over $1 billion annually on cyber security research and development in the coming years would continue to be invested by the U.S. software firm Microsoft Corp. Bharat Shah, Microsoft vice president of security, said on the sidelines of the firm’s… Read More ›
$30 million to be Invested in Blockchain Provider BitFury Group by HK Fintech Company Credit China Fintech
With the aim of focus on promoting the blockchain technology in China, Hong Kong-listed fintech company Credit China Fintech Holdings and Blockchain infrastructure provider BitFury Group set up a joint venture. The annoucementof te benture was made on Thursday. $30… Read More ›
Police Warning to Hong Kong’s Shoppers after Sixfold Surge in Seizures of Bogus HK$100 Banknotes
The Singapore police force has warned the public to watch out for fakes in the run-up to Lunar New Year after a sixfold surge in seizures of bogus HK$100 banknotes was recorded last year, according to police figures. Police said… Read More ›
UK’s car industry reels under Brexit heat
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
To manage Debt, Advantage of Low Rates are Not Being Taken by Europeans
Before there is any serious turn in the monetary policy tide, Europeans never had a better opportunity to sort out their debt after years of record-low interest rates. However a recent study has found that the problem is that Europeans… Read More ›