Hong Kong slashed its economic outlook for the current year on Friday and warned that a recovery of the economy from a recession will depend on the time that the city will take to bring under control a fresh wave… Read More ›
Geopolitics
Chinese IPOs flood U.S. market despite delisting threat
Despite the threat of deliting for non-compliance to U.S. accounting standards, Chinese mainland companies are rushing to list their shares on U.S. stock exchanges thus increasing the risk of U.S. investors to the Trump Administration’s delisting ban. Despite trade threats… Read More ›
Washington set to unveil strategic economic investment program in Columbia: Mauricio Claver-Carone
According to a senior official from the White House, next week Washington is set to unveil a major economic investment program with the Colombian government. The move assumes significance since it underscores Washington’s drive to relocate supply chains that it… Read More ›
EU’s Changing Tone On Brexit Makes UK Confident Of A Deal
There has been a distinct change the tone and attitude of European Union in recent weeks over the Brexit deal with the United Kingdom which has allowed progress to be made and prompted Britain’s top minister overseeing Brexit talks saying… Read More ›
White House’ WeChat Ban Could Impact American Companies In China
Following the signing of an executive order by United States President Donald Trump that could put a ban on Chinese owned short video sharing app TikTok and Tencent owned messaging app WeChat, some of the unintended casualties of this could… Read More ›
Taiwan negotiating SeaGuardian surveillance drones purchase with U.S.: Sources
In a significant development, six U.S. sources familiar with the negotiations have disclosed, the United States is negotiating the sale of at least four sophisticated aerial drones to Taiwan. Armed with the SeaGuardian surveillance drones, that have a range of… Read More ›
Finance Ministers of Five Eyes intelligence-sharing network discusses resilience of global supply chains
In a statement, Canadian Finance Minister Bill Morneau said, he spoken with his counterparts from Britain and the United States and discussed the need to support global supply chains midst the coronavirus outbreak. The call hosted by Morneau also saw… Read More ›
Growth Of UK Business In July The Fastest In 5 Years Following Cvoid-19 Slump
The results of a survey have provided some encouraging news for the United Kingdom economy. Data showed that the growth of businesses in the services and manufacturing sectors of the country in the month of June was the fastest more… Read More ›
South Korean court verdict allows seizure and sale of Nippon Steel’s assets sparking diplomatic tensions
On Tuesday, in a significant development which could potentially strain Japan-South Korean relation, Nippon Steel Corp stated it will appeal a South Korean court ruling which allows the seizure and sale of the company’s assets in compensation for forced wartime… Read More ›
Europe’s Economy Suffers Record 11.9% Slump In GDP Reported By EU For Second Quarter
The novel coronvirus pandemic hit the European economy very hard during the second quarter with a contraction of 11.9 per cent s the economy was pushed into a deep recession. In terms of the quarter-on-quarter contraction in the GDP of… Read More ›
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