The growing trade surplus between China and the United States has sparked much debate, with some experts pointing to China’s industrial policies as a significant factor. However, the International Monetary Fund’s (IMF) Chief Economist, Pierre-Olivier Gourinchas, argues that broader macroeconomic… Read More ›
As the November 5 U.S. presidential election approaches, the tension surrounding the U.S.-China tech conflict is poised to intensify, regardless of whether Republican Donald Trump or Democrat Vice President Kamala Harris emerges victorious. Both candidates have articulated their commitment to… Read More ›
Nobel laureate Jose Ramos-Horta has been inaugurated as East Timor’s new president on Friday. He has pledged to dedicate his time in office to strengthen national unity and forge closer ties with China. Thousands have travelled to Dili, the capital… Read More ›
In a statement Block Inc reported a first-quarter operating profit that has topped analysts’ estimates. With the news reaching the market, Block’s shares rose by 10% in extended trading. Block also reported a lower-than-anticipated adjusted profit after demand for bitcoin weakened… Read More ›
On Wednesday, in a significant development, Russia halted gas supplies to Poland and Bulgaria after both countries rejected Moscow’s demand to pay for Russian gas in Rubles. The development comes in the wake of massive sanctions by Western countries against… Read More ›
In his first visit to India, British Prime Minister Boris Johnson is set to offer New Delhi know-how to build its own fighter jets and a licence for faster deliveries of defence equipment as it tries to wean India away… Read More ›
With Western countries tightening the noose on Russia over its invasion of Ukraine, Moscow’s allies in the emerging markets have begun exploring channels for trade and finance. Members of the erstwhile BRICs group, Brazil, India and China, are treading cautiously… Read More ›
U.S. President Joe Biden has signed an executive order prohibiting trade and investment by U.S. individuals in the two breakaway regions of eastern Ukraine which have been recognized by Russia as being independent, said the White House. The executive order… Read More ›
According to a report from the Wall Street Journal citing a source familiar with the matter at hand, the London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on… Read More ›
According to Chinese commodity brokers, resumption of regular trade between Beijing and Pyongyang is expected to resume on Monday, after a North Korean train pulled into a Chinese border town on Sunday in the first such crossing since anti-coronavirus border… Read More ›
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