The currency swap deal will act as a safety net in case of financial turmoil by providing yuan to Japanese banks operating in China and yen to Chinese businesses. On Tuesday, Japan’s Kyodo news agency reported, Tokyo and Beijing are… Read More ›
Geopolitics
Twitter Rethinking The Working Of Some Of Its Core Elements:CEO
After expelling right-wing conspiratorialist Alex Jones from Twitter, the company CEO Jack Dorsey is contemplating making deeper changes to this social media platform which would help reduce the spreading of fake news, misinformation and hate speech. Twitter was part of… Read More ›
U.S. tariffs on aluminum imports take their toll on Sweden’s Granges JV plans
Granges had aimed to manufacture advanced aluminum materials for brazed automotive heat exchangers through a JV with Mitsubishi Aluminum for the North American and Mexican markets. On Friday, Sweden’s Granges disclosed that it will no longer go ahead with its… Read More ›
China flexes it financial muscles in the South Pacific
China’s lending program to the island nations of the South Pacific has gone from zero to more than $1.3 billion over a decade. The relatively high cost of debt-servicing in these tiny economies have stoked fears that the entire region… Read More ›
Brazilian farmers switch to soy midst increased demand from China
The rising trade war between ther United States and China is reshaping Brazil’s agricultural business. China’s investment in Brazil has also jumped to its 7-year high. To a large extent, the outcome of China’s gamble in Brazil will be weighed… Read More ›
China eyeing JVs with Brazil for soybeans-related trade
The development sees China looking to diversify its dependence of soybeans from the U.S. to Brazil. On Monday, as per a senior Chinese diplomat, Brazilian and Chinese companies could potentially form joint ventures for the processing of soy. The development… Read More ›
Global Aerospace At Threat Form US-China Trade War: Boeing CEO
The escalating US-China trade war is a cause of concern, said Boeing CEO Dennis Muilenburg. He however is also of the opinion that there has been some effect of his recent conversations with the Trump administration relation to the tit-for-tat… Read More ›
Orderly Brexit very much in the cards: Goldman Sachs
In a research note to clients, Goldman Sachs has forecast a positive end to the Brexit ordeal. Wishful thinking? History will tell. The months to watch will be October and December. With less than 8 months to go before Britain… Read More ›
ECB concerned at continued slide of Turkish Lira
Geo-political tensions, including a widening rift between the U.S. and Turkey, along with Erdogan’s grip on monetary policy are upping the stakes for Eurozone’s banks in Turkey. On Friday, with the Turkish Lira registering yet another record low against the… Read More ›
EU woos Trump with potential import of U.S soybeans and U.S. LNG
The EU’s strategic decision to publish historic trade data is a message to Trump: let us work and trade competitively rather than fight bashful wars. Tariff-free trade can be a win-win situation for both economies. On Thursday, the European Union… Read More ›
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