Heightening concerns that regulators will tighten their oversight of trading in digital currencies, China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges on Wednesday, sources reportedly familiar with the matter said. The sources have confirmed to several media… Read More ›
Economy & Finance
Drinking More Wine Than Ever are Working Women in Japan
Grape growers, 10,000 miles away from Japan are cheering by Japan’s swelling ranks of working women. The biggest beneficiary of Japan’s booming wine market is Chilean vintners. Women in their 40s and 50s, who have helped boost wine consumption to… Read More ›
Japan likely to announce U.S. investment plan during Shinzo Abe’s U.S. visit
The $7 billion investment plan by Sharp Corp is aimed at smoothening U.S.-Japan ties. A source with knowledge of the matter has revealed that Sharp Corp is likely to build a $7 billion plant during the first half of this… Read More ›
Donald Trump administration eyeing repealing of ‘conflict Minerals’ rules
Investors had complained that the “conflict minerals” rule tucked into Dodd-Frank costs too much money to ferret out the source through the supply chain. Conflict minerals help arm rebel groups in Africa. U.S. President Donald Trump is planning on issuing… Read More ›
China comes of age on the world stage with its Silk Road program
With Donald Trump playing the home card, and with a disgruntled Britain opting out of the European Union, China seeks to capitalize on the billions it has sunk in on its much vaunted Silk Road program by presenting it as… Read More ›
In a China Trade War, America’s Farmers Stand to Lose the Most
American farmers could be the ones who take the biggest hit if the United States and China have a trade war. “A significant part of U.S. exports in China and greater China are agricultural products,” said Brad Setser, a senior fellow… Read More ›
Survey Shows ‘Singiifcant Increase’ in Global Economic Confidence Led by the U.S
According to quarterly survey of 240,000 chief executive officers based in 130 countries, Asian business leaders still expected to increase revenues, hiring and fixed investment, even though for the first time since October 2015, they were less confident about the… Read More ›
9 million U.S. jobs rely on exports to Canada
Thomas Donohue, president and CEO of the U.S. Chamber of Commerce, told business delegates in Ottawa, without criticizing Trump, that significant changes to NAFTA will affect the connected economies of the United States, Canada and Mexico. The head of an… Read More ›
Paris charms London’s bankers looking to relocate following Brexit
Although French labour and tax laws are certainly a consideration, what the bankers will also have to factor in, in their decisions for relocation is Parisian charm and finesses after all “When was the last time you took your partner… Read More ›
As Risk of Trump Policy ‘Mistakes’ Looms Large, Investment Veteran Backs Gold
There is rising political risks being faced by the the major markets and include issues like unpredictability of President Donald Trump. This has made investors jittery and they are seeking a shelter from such threats. And hence, according to Independent… Read More ›