Recent Posts - page 581

• U.S.-UK trade deal in the offing

  By admin1 on August 20, 2019 • ( 0 )

  

  Boris Johnson’s no-deal Brexit stance is pretty obvious to observers. His confidence that the British economy will survive a cliffhanger Brexit probably stems from his hope of clinching a free trade deal with the U.S. British Prime Minister Boris Johnson… Read More ›

• Boris Johnson takes aim at Irish backstop in opening salvo

  By admin1 on August 20, 2019 • ( 0 )

  

  Despite Boris Johnson’s own admission that “Time is very short”, he wants to renegotiate the Brexit deal by October 31. On Tuesday, British Prime Minister Boris Johnson fired his opening salvo at the European Union, as negotiators from both sides… Read More ›

• China spent $85.20 billion in shantytown redevelopment projects for Jan-July period

  By admin1 on August 19, 2019 • ( 0 )

  

  China is boosting its spending levels in order to fight a growing slowdown in its economy, which has sunk to its 27-year low. On Monday, in a statement, China’s housing ministry stated, it has sunk in $85.20 billion (600 billion… Read More ›

• U.S. does not want to do business with Huawei on national security grounds: Trump

  By admin1 on August 19, 2019 • ( 0 )

  

  As a gesture of good faith, the U.S. is slated to extend a “temporary general license” for Huawei for a period of 90 days. Despite the fact that the Trump Administration has extended a grace period for U.S. business to… Read More ›

• SEC fines BMO Capital Markets and Cantor Fitzgerald & Co over ADR malpractices

  By admin1 on August 17, 2019 • ( 0 )

  

  SEC Chairman Jay Clayton’s efforts to clean up the securities market are paying off. In a statement, the Securities and Exchange Commission (SEC) disclosed, BMO Capital Markets and Cantor Fitzgerald & Co have agreed to pay $3.9 million and $647,000… Read More ›

• U.S. lifts 10% tariffs on select Chinese imports

  By admin1 on August 17, 2019 • ( 0 )

  

  The bulk of the items excluded from the 10% tariffs hike, which will go into effect from September 1, includes household furniture, internet modems, routers and baby items. In a significant development, the Trump Administration has lifted import curbs on… Read More ›

• Chinese Central Bank moves to lower lending prime rates

  By admin1 on August 17, 2019 • ( 0 )

  

  The move is likely to be part of an economic stimulus measure following a slowdown in the Chinese economy. The move could enflare the rising bad debt, like it has in past instances of fiscal stimulus measures. On Saturday, in… Read More ›

• China’s growth rate of industrial output for July touches 17-year low

  By admin1 on August 14, 2019 • ( 0 )

  

  On Wednesday, data from China’s National Bureau of Statistics showed that in July the country’s growth in terms of industrial output touched its 17-year low nadir, a pointer to growing cracks in its economy which comes at a time when… Read More ›

• Britain’s Speaker for House of Commons takes firm stand on Brexit

  By admin1 on August 14, 2019 • ( 0 )

  

  The development adds to the headwinds facing British Prime Minister Boris Johnson as he rushes to implement Brexit, without a without a deal. Britain’s Speaker for the House of Commons said, he would refuse to allow Prime Minister Boris Johnson… Read More ›

• U.S. federal court sides with American Airlines Group over disruptions by mechanics union

  By admin1 on August 13, 2019 • ( 0 )

  

  The airline had accused the mechanics union of illegal slowdowns saying these these had materially affected its operations during the peak summer travel season. In a development that significant aides the American Airlines Group Inc, a U.S. federal court has… Read More ›

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