While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›
Washington
‘Oligarchy list’ could potentially damage image and goodwill of Russian businesses and firms
Russian stocks have largely shrugged off the risks of new U.S. sanctions which center around this list. On Tuesday, Kremlin’s spokesman Dmitry Peskov stated that with Washington choosing to place people close to the Kremlin as part of an ‘oligarchy… Read More ›
China caught supplying oil to North Korean vessels at sea
Despite China’s talk, the South Korean news report reiterates suspicion by Tokyo, Seoul and Washington that China has been actively aiding, bolstering and conducting business with its ally – North Korea. Following a South Korean news report that Chinese vessels… Read More ›
Japan set to be prime destination for hi-tech military hardware
With Japan planning to develop the F-3, a dual use $40 billion fighter jet, UK’s BAE Systems, and U.S. Lockheed Martin, Boeing, and Raytheon are likely to reap in huge contracts for not only developing the F-3 but also for… Read More ›
China pressuring foreign card companies into JV
There is an emerging pattern in China’s approach as it engages in various fronts in the world stage. While officially it portrays itself as being professional, however its true colors become apparent as it seeks to impose its will that… Read More ›
U.S. Commerce Secretary Wilbur Ross prepares the ground for U.S. President Donald Trump’s visit to China this November
With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›
Amtrak names Richard Anderson, former Delta Air Lines CEO, as its next Chief Executive
While noting the challenges in the under-invested railways, Amtrak’s chairman Anthony Coscia was enthused to have Anderson at the top given his record at Delta Air Lines. On Monday, Amtrak named Richard Anderson, Delta Air Lines’ former chief to lead… Read More ›
Tech companies’ letter urges Trump to ease travel ban: Sources
With the American economy being technologically driven, Donald Trump’s travel ban has perhaps the right intent of securing America but the manner in which it is going about implementing its objective could drive up costs and create more animosity than… Read More ›
Boeing set to trim workforce in 2017
It would not be surprising if Boeing’s management had gauged Donald Trump’s protective policies early on and had let it be known that it would be trimming its workforce. After all, during the campaign trail Trump had been very loud… Read More ›