Amid growing worries in the United States over a Chinese government-led effort to make the country a global leader in microchips, electric cars and other crucial technologies of the future, the Trump administration is preparing a broad move against China over trade, according to people… Read More ›
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A Rising Political Crisis Could Derail The World’s Third-Largest Economy
Questions over the future of the leader of the world’s third largest economy and his namesake economic program loom large as the economy battles an acute crisis of confidence. Support for the 62 year-old has been pushed to under 20 percent — his lowest… Read More ›
$50 Billion New Capital May be Needed By Banks After Brexit
While some smaller firms may abandon their operations on the continent altogether as profitability plunges, banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit,… Read More ›
Missile Fired By North Korea Possible Landed Within 230 Miles Of Japan’s Coast
Japanese Prime Minister Shinzo Abe said that North Korea test fired a missile that may have landed within 230 miles of Japan’s coast. Japan’s public broadcaster, NHK, said, citing government officials that the missile was fired shortly before midnight Japan time on… Read More ›
Analyst Warns That After Contentious Vote, The First Sovereign Oil Producer To ‘Fully Fail’ Could Be Venezuela
A nationwide vote set for Sunday could send Venezuela over the edge even as the country is already having a major meltdown, believes a top commodities strategist. As a state if President Nicolas Maduro moves forward with the vote to form… Read More ›
Researchers Say To Lure Targets Iranian Hackers Used Female ‘Honey Pot’
According to research published Thursday, luring men working in industries strategically important to Tehran’s regional adversaries, hackers believed to be working for the Iranian government have impersonated a young female photographer on social media for more than a year. Researchers… Read More ›
Set To Gain On A Property Boom Are These Asian Banks
Banks in one of the world’s financial capitals are seeing a bright spot emerge – a booming property market, after battling stresses from a floundering oil and gas sector over the past year. Recent data indicated that demand for loans… Read More ›
South Korea Is In No Rush For US Missile Defense Even As North Korea Is More Erratic Than Ever
Despite fears of another international ballistic missile attach from its northern neighbor, South Korea is in no hurry to set up an advanced missile defense system designed to protect its shores from North Korean aggression. Pending a full review, further installation of… Read More ›
Who Are The Visitors To North Korea As The Country Is Attracting Thousands Of Vacationers Every Year
Who? – is the most obvious question is when a brutal, communist dictatorship is able to attract tourists. Common sense suggests that you’d be hard pressed to find a vacationer willing to take a trip in North Korea, given the… Read More ›
Awakening Finally From Long-Dormant Inflation Could Be Old Age, Says IMF
Long-sought inflation may be finally spurred by global policymakers if they just wait. Potentially spurring what many economists have said is the missing link: Wage growth, the post-World War II baby boom generation is getting ready to leave the workforce… Read More ›