A small and recently set up startup of Sweden – VOI, is anticipating to hit a positive cash flow for its ride sharing business because of a growing numbers of young people who are making use of hired electric scooters… Read More ›
Regulations & Legal
Italy Could Be The Source Of The Next Euro Crisis
The economic health of Italy has become a cause of concern for European economists as well as other members of the European Union because many see the next euro zone crisis potentially originating from the country. Currently the debt to… Read More ›
Japan’s High Tech Trade Dispute With South Korea Explained
The recent decision of Japan to put a cap on the exports to South Korea of high-tech materials used in smartphone displays and chips reflects how the third largest economy of the world dominates the global supply chain of such… Read More ›
India Takes Steps To Popularize Electric Vehicles, Reduces Taxes To Make Them Cheaper
The Indian government is now offering incentives for boosting demand for electric vehicles while also easing a number of regulatory restrictions in order to make the country a global hub for manufacturing of electric vehicles. The Indian government has announced… Read More ›
Disruption caused by IMO 2020 is an opportunity: investment funds
From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
Data will decide on next ECB policy: Francois Villeroy de Galhau
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
U.S. trade action having desired effect on China
China will never publicly acknowledge the impact of U.S. trade action on its economy. But its desperation to hammer out a trade deal with the U.S. is telling. In a development that essentially underscores the pain U.S. trade action is… Read More ›
Riza Aziz, producer of “The Wolf of Wall Street” charged with 1MDB money laundering charges
Malaysia has charged, Riza Aziz, stepson of former prime minister Najib Razak, with 5 counts of money laundering. On Friday, Malaysia charged Riza Aziz, the co-founder of Hollywood production studio Red Granite Pictures that produced the Oscar-nominated film “The Wolf… Read More ›
South Korea Threatens Retaliation To Japan’s Export Curb Of 3 Materials
The global supply chain and supplies of chips and smartphones could get disrupted because of a potential row between South Korea and Japan as Seoul threatened Tokyo with retaliation against the latter’s recent decision to put export limits on high-tech… Read More ›
U.S. exports its first ever rice to China
Sun Valley Rice exported two containers of around 40 tons to a private Chinese importer. In a significant development, USA Rice, a trade group that promotes the sales of U.S. grains reported, a private importer in China has purchased U.S…. Read More ›