Although details of the signed conference have not been provided, so far, they are expected to be released in the coming days. On Monday, as per a report from Al Arabiya TV, deals worth $63 billion, (235 billion riyals) have… Read More ›
economy
France preparing for no-deal Brexit: French Finance Minister Bruno Le Maire
Le Maire made it very clear that if Britain goes the no-deal route, it will not ease the process by offering deals on logitics and aviation. Supply chains could be significantly affected in case of a cliff-hanger Brexit. French Finance… Read More ›
Japan has begun importing Iranian crude
Japan forms part of a list of countries that have been exempted from U.S. economic sanctions on Iran. Countries on this exemption list are allowed to import Iranian oil for another 180 days. On Monday, the governor of Iran’s central… Read More ›
Crude oil prices rise touch 2019 peak
OPEC led prices cut along with the release of Chinese refinerery processing data in 2018, led to the peaking of crude oil. On Monday, oil prices recorded the highest peak following the release of data that showed China’s refinery processing… Read More ›
British parliament to decide fate of Brexit today
May’s Brexi deal faces strong headwinds in parliament. Today’s vote will not only decide her May’s career but also chart Britain’s economic and geo-political future in the days to come. On Tuesday, in a historic vote in the British parliament… Read More ›
China deepens grip on Sri Lankan economy with a loan of $300 million
Sri Lanka is struggling to repay its foreign debt which is at a record $5.9 billion. The current amount of $300 million can be expanded to $1 billion. On Tuesday, in a move that deepens China’s grip on the island… Read More ›
The Chinese ‘business model’
There are a growing number of instances where Chinese companies are luring top executives with large sums of money to leak and sell corporate and industrial secrets so that they can set up base in China. Former and past BASF… Read More ›
Majority of Southeast Asian economies wary of China’s Belt and Road Initiative
Here is a summary of the results of a survey conducted by the ISEAS-Yusof Ishak Institute which is affiliated with Singapore’s government. As per the results of a policy survey by the ISEAS-Yusof Ishak Institute which is affiliated with Singapore’s… Read More ›
China to introduce stimulus measures, as U.S. trade action bites into its economic growth
Chinese Premier Li Keqiang has stated China will reduce the reserve requirement ratios (RRRs) for banks, and slash taxes and fees. Facing a multi-pronged trade action by the United States and the European Union, China, the world’s second largest economy… Read More ›
U.S. trade action bites Chinese economy, trade negotiations scheduled for Jan 7-8
The United States and China have until March to resolve the core issues of the trade war. If Beijing were to continue stonewalling U.S. demands of bringing an end to the abuse of its intellectual property, opening up its market… Read More ›
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