Chinese policymakers have ample room to boost fiscal outlays in government spending, with one of the options being sprucing up much-needed urban facilities, including parking lots and retirement homes, rather than plough in funds in mega projects. According to Chinese… Read More ›
South Korea’s financial regulators have fined Samsung Securities Co for its $105 billion ghost stock error. On Friday, Koo Sung-hoon, Samsung Securities Co’s CEO resigned from his job following the imposition of a 144 million won fine on the company…. Read More ›
Following talks between United States president Donald Trump European Commission chief Jean-Claude Juncker, both the parties reached an agreement to avoid an all-out trade war and continue efforts to lower tariffs. Trump described the talks as being “a very strong… Read More ›
The following is an interesting take on the options available to the ECB on ways to stimulate economic growth and curate inflation in the Eurozone. The European Central Bank is likely to maintains its stimulus policy on Thursday, given the… Read More ›
The deal reached between Junker and Trump is likely to be the foundation for formal agreements between the EU and the US based on WTO guidelines. In a significant development, the meeting of the European Commission President Jean-Claude Juncker with… Read More ›
Amidst growing concerns about the possibility that an agreement on Brexit would not be reached between the UK and the EU, suggestions that the Brexit negotiations could be extended beyond 2019 was made by Ireland’s Foreign Minister Simon Coveney. The… Read More ›
A complaint with the European Union against France have been submitted jointly by British Airways’ parent company IAG and budget carriers Ryanair, easyJet and Wizz Air in relation to the continuing strike by the air traffic controllers in the country. The principle… Read More ›
A $12bn plan aimed at helping the US farmers who are hurt by the escalating trade was unveiled by the Trump administration. In the wake to various countries raising import taxes for US products such as soybeans in retaliation to… Read More ›
In the event of negotiations going south, the EU has a backup plan. On Wednesday, EU trade commissioner Cecilia Malmstrom, told Swedish newspaper Dagens Nyheter that in the event the United States imposes trade tariffs on cars imported from the… Read More ›
John McFarlane, chairman of the lobby group The CityUK, remains optimistic despite the prevailing gloom and the lack of clarity surrounding UK’s Brexit strategy. Britain is home to the world’s biggest banks is also the largest insurance market in the… Read More ›
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