Climate change is likely to have a greater impact on countries and regions that have lower per capita GDP levels as they are likely to be more exposed to it, claimed a new climate risk report from McKinsey Global Institute…. Read More ›
Strategy
U.S., South Korea and Japan eyeing investments near South China Sea
South Korea, Japan and the United States are keen to invest in Indonesia’s Natuna Islands with Indonesian President Joko Widodo stepping up efforts to rebuff foreign claims over the resource-rich waters in the South China Sea. In a statement, Indonesia’s… Read More ›
China to roll out more fiscal support measures with economy facing pressures: China’s head of the National Bureau of Statistics
On Friday, China’s chief of statistics bureau stated, Beijing will maintain a proactive fiscal policy and a prudent monetary policy in 2020 and will roll out support measures since its economy faces downward pressures. During a press conference in Beijing,… Read More ›
Scientists Confirm 2019 To Be The Second Warmest Year On Record
While the last decade – 2010 to 2019 was the hottest decade in recorded history, 2019 was identified as the second-hottest year ever in human history or since records are being kept, claimed researchers. This showed the impact that global… Read More ›
British Electric Vehicle Startup To Receive $112 Million Investment From Hyundai And Kia
Investments of more than $110 million by Korean auto giants Hyundai and Kia has propelled the British electric vehicles making startup Arrival to become the most valuable startup of Britain. A spokesperson for the company said that Arrival was valued… Read More ›
The Most Important Things Not Covered In US-China Phase One Trade Deal
While the recently signed phase one trade agreement between the United States and China brought relief to businesses and markets, it was also marked by the fact that the easier aspects of the difficult trade relationship of the two countries… Read More ›
Financial sector optimistic on U.S.-China Phase 1 trade deal
Under the recent Phase 1 U.S.-China trade deal, China has agreed to expedite by nine months a previous December 2020 deadline for removing foreign ownership caps on securities firms, which includes investment banking, underwriting and brokerage operations. The Phase 1… Read More ›
India mulling introduction of new law to protect foreign investments
According to two officials with direct knowledge of the matter at hand, the Indian government is planning on bringing a new law to safeguard foreign investment in the country, by speeding up dispute resolutions. In the initial 40-page draft by… Read More ›
Discussions on U.S.-China Phase 2 trade deal have already begun: U.S. Vice President Mike Pence
In an interview with Fox Business Network, U.S. Vice President Mike Pence disclosed, discussions on the “Phase 2” U.S.-China trade deal have already begun hours after signing the Phase 1 trade deal. The Phase 1 trade agreement has defused some… Read More ›
U.S. President Donald Trump signs U.S.-China Phase 1 trade deal
On Wednesday, U.S. President Donald Trump signed a trade deal with China at a White House event. The U.S.-China trade has been a centerpiece of Trump’s presidency, and the Phase 1 deal ceremony being held at the White House rather… Read More ›
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