The EU’s strategic decision to publish historic trade data is a message to Trump: let us work and trade competitively rather than fight bashful wars. Tariff-free trade can be a win-win situation for both economies. On Thursday, the European Union… Read More ›
India
A weak yuan is one of China’s tools in its trade-war strategy
A weak yuan fits well into the ongoing global move of a loose monetary policy. Chinese policymakers have also made it very easy for investors to borrow and short-sell the yuan, which indicates that they are indirectly pushing down interest… Read More ›
Global hotel prices and airfares set to rise in 2019
The annual forecast by the Global Business Travel Association (GBTA) and those from Carlson Wagonlit Travel (CWT) state cost of hotel stay and travel is likely to shoot up in 2019. According to an industry forecast, rising oil prices and… Read More ›
Indian airliner operator Vistara places orders for jets worth $13 billion with Airbus and Boeing
Apart from these, Vistara plans on also purchasing 37 Airbus A320neos from leasing companies. On Wednesday, Vistara, an Indian airline operator, stated, it has placed firm orders for thirteen Airbus SE A320neos jets and six 787 Boeing jets in… Read More ›
Demand for LNG to outpace crude oil in the next 2 decades
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›
Blackstone Group LP raises $9.4 billion in new Asia-focussed funds
Blackstone’s real estate fund set a new record as the largest-ever investment fund dedicated to the real estate sector in Asia. As part of a strategic move, U.S. private equity fund Blackstone Group LP has raised $9.4 billion in a… Read More ›
Carlyle Group set to raise $6.5 billion for its new Asia focused private equity fund
The deal marks the coming of age of Asia focused funds, which are increasingly making strong headway in strong growth markets such as India, China and Japan. According to sources with direct knowledge of the matter at hand, the Carlyle… Read More ›
Wal-Mart’s tie ups in India and UK could be its potential growth engine
While Wal-Mart has struggled to compete in its home ground, its potential tie-up with UK’s Sainsbury Plc and India’s Flipkart promises to be the growth engine it once was. Wal-Mart, the world’s biggest brick-and-mortar retailer is making urgent efforts to… Read More ›
Australia and ASEAN to establish regional infrastructure pipeline
The development is aimed at boosting high quality infrastructure projects in the region. In a strategic development aimed at countering China’s growing influence in the region, Julie Bishop, Australia’s Foreign Minister stated the Association of Southeast Asian Nations (ASEAN) and… Read More ›
Bankruptcy of Nirav Modi’s Firestar Diamond in the U.S. draws early interest from potential buyers
Firestar Diamond and its affiliates had shown around $90 million in annual sales in the previous year. Its bankruptcy filing documents reveal some interesting tidbits including its corporate structure and the fact that it is talking with lenders for debtor-in-possession… Read More ›