On Thursday, Joe Kaeser, Siemens’ Chief Executive disclosed, he perceived a more positive mood among his client. “They are getting more optimistic for the second half of the year than they have for the first half and actually 2019,” said… Read More ›
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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 ›
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 ›
China’s BYD Co Ltd appoints former GM China President, Kevin Wale, as senior adviser
On Monday, Warren Buffett-backed BYD Co Ltd stated, it has appointed former General Motors China President, Kevin Wale, as a senior adviser to its chairman. In a statement China’s BYD stated, Wale will provide consulting services to BYD’s automotive business,… Read More ›
Indonesia and UAE sign business deals worth $23 billion
On Monday in a tweet, Indonesian President Joko Widodo stated, Indonesia has signed 11 business deals with the United Arab Emirates worth a combined $23 billion (314.9 trillion rupiah). The deals covers investments in areas including energy. Widodo mentioned that… Read More ›
Chinese Vice Premier Liu Hu to visit Washington next week for signing Phase 1 trade deal
On Thursday, China’s commerce ministry stated, Vice Premier Liu He, who heads China’s negotiation team in the U.S.-China trade talks, will be visiting Washington next week to sign the “Phase 1” trade agreement. Liu’s Washington visit will be for the… Read More ›
Will respect international law on targeting Iranian cultural sites: U.S. President Donald Trump
In a statement that potentially underscores Washington’s intent to strike back following Iran’s retaliation on U.S. bases in Iraq, U.S. President Donald Trump said, he would respect international law and avoid targeting cultural sites in military attacks. On Saturday, Trump… Read More ›
Chinese Vice Premier Liu He led delegation to arrive in Washington to sign Phase 1 trade deal
As per a report from the South China Morning Post citing a source briefed on the matter at hand, a Chinese trade delegation is scheduled to visit Washington on January 13 for signing the U.S.-China Phase 1 trade deal. The… Read More ›
Turkey and Libya to engage international firms for locating hydrocarbon resources
In a statement Turkish President Tayyip Erdogan disclosed, Turkey and Libya are likely to engage international companies to search for oil and gas deposits in the eastern Mediterranean. The development comes in the wake of a deal signed by both… Read More ›
Ukraine to purchase second consignment of U.S. Javelin anti-tank missile system
Ukraine’s Defense Ministry disclosed, Kyiv will be purchasing a second consignment of U.S. Javelin anti-tank missiles and launch units. Following Russia’s annexation of Crimea in 2014, the United States has emerged as one of Kiev’s strongest supporters. An outbreak of… Read More ›