China was actively reaching out to the United States to restart stalled negotiations on trade and to "make a deal" to end the trade war between the countries which is going on for more than a year, said the US President Donald Trump. He also lauded the Chinese president as a great leader.  ...

Gold prices are returning to a six-year high. At the end of last week, they reached the level of $ 1,529.81 per troy ounce. Another round of the trade war between Washington and Beijing on the introduction of import duties forced investors to increase investment in defensive assets. The...

Following the escalation of last week’s bitter trade war between the U.S. and China, resulting in both imposing increasing tariffs on each other, China calls for “calm” discussions. China showed its willingness to resolve the ongoing “trade dispute” with the U.S. through “calm” discussions, while...

United Kingdom business would be allowed to continue to keep trading freely with South Korea after the exit of the UK form the European Union as London signed a "continuity" trade agreement with Seoul on Thursday.   The trade deal was signed by the International Trade Secretary Liz Truss on...

While saying that the trade negotiation that he had on a bilateral trade agreement with his United States counterpart were “very tough”, the Japanese Economy Minister Toshimitsu Motegi said the both the US and Japan need to strive harder to fill a number of gaps that still exists for the completion...

Global inequality is narrowing as emerging economies are catching up with wealthy nations. However, the gap in developed economies continues to widen, says McKinsey Global Institute study for the August G7 summit in Biarritz. At the same time, economic growth alone is not capable of ensuring...

There was no path out for United States president Donald Trump but to take on China over trade even if that would mean some hit to the American economy in the short term since the US was being cheated upon by China doe decades, Trump has said.     The comments from Trump were followed...

While stressing "most economists" are not of the opinion that there can be a recession for the United States amidst persistent and growing concerns of a continued slowdown, president Donald Trump said that he is "prepared for everything".   "We are doing tremendously well," Trump said while...

The trade war between the two largest economies in the world may find a trade deal by 2020. Goldman Sachs Group Inc expressed its fear of recession approaching in under the shadows of “the U.S.-China trade war” as the concern seems to be growing, although the investment bank is expecting that both...