Amidst the growing incidents of cross border trade disputes and the resultant chaos and bit to the global economy, and agreement was signed by the members of the United Nations on Wednesday called the Singapore Convention on Mediation which aims… Read More ›
This was the second such robbery in the same branch, with the robbers walking away after having filled a backpack with 1,567 centenarios worth $2.5 million. According to Mexican security officials, armed robbers have managed to break in to a… Read More ›
On August 6, 2019, China had stated it would stop importing U.S. agricultural products. It now plans on lifting import restrictions on a limited number of items. On Wednesday, China’s Ministry of Commerce stated, it plans on removing import tariffs… Read More ›
A trade deal with the United States, located in another continents, is likely to be more expensive than one with its neighbor across the pool. On Wednesday, British Foreign Secretary Dominic Raab praised U.S. President Donald Trump and mentioned that… Read More ›
The global music industry is possibly the next stop for the Chinese tech company Tencent. It has been reported that the Chinese firm is in the process of negotiations with Universal Music Group (UMG) for a 10 per cent stake… Read More ›
There is likely to be volatility into long-dormant foreign exchanges and possible additional pressure on world markets because of the trade war between the United States and China being dragged into the currency market, warned analysts, as Washington identified Beijing… Read More ›
As a result of the Renminbi breaching this threshold, the Chinese will have to shell out a lot more to service their debt especially if they want to boost exports. This is even more important given Beijing’s holding of the… Read More ›
A consumer backlash in South Korea promoted by an increasing trade spat with Japan saw sale of Japanese cars drop significantly last month in Tokyo’s neighboring country. According to data from the auto industry, there was a 32 per cent… Read More ›
The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
According to the latest figures from United Kingdom, there has been an almost a fifth increase in the number of tourists visiting the UK from China this summer. There was also a 6 per cent year on year increase in… Read More ›
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