With the end of Austrian presidency at the bloc coming to an end, the EU failed to decide upon any tax scheme on digital revenues but that did not stop Austria to move forward with its own agenda. Austria failed to clinch a “digital tax” deal during its “European Union presidency”, whereby on...

The position of the leader in Southeast Asia's top grossing market for initial public offerings in 2018 has been lost by Singapore despite being a major international financial hub.   Vietnam out performed Singapore - even though the former is not always thought about as the first preference...

The past day has become the best for US stocks in nearly a decade. The Dow Jones Industrial Average Index showed the largest one-day increase in history, reports CNBC. On Wednesday, stocks restored positions after the sharp losses of the previous session. The Dow Jones Industrial Average jumped...

United States President Donald Trump showered confidence in Treasury Secretary Steven Mnuchin who has been troubled by a crisis that is a first for him. Trump’s comments were however unable to reaffirm confidence of Wall Street investors unnerved by the issues ongoing in the economy of the country...

The manufacturing, textile, and seafood industries of South East Asia could benefit from the ongoing U.S.-China trade war as companies scourge possible business opportunities in the region.   This is one of the reasons that High Point, N.C.-based Stanley Furniture was pointed out by Walter...

Next year, the main threat to the US economy will be a trade war with China, according to economists surveyed by The Wall Street Journal (WSJ). Many of them expect that the US Federal Reserve will even have to lower interest rates again starting from 2020. Meanwhile, China is also facing a slowdown...

In 2019, the UK will give up the fifth line in the ranking of the most developed economies to India and France. The British economy and currency have been shaking throughout all this year. The United Kingdom was in a fever from Brexit, a very extraordinary event, the consequences of which will be...

The United State Central Bank – the Federal Reserve, again raised interest rates by a quarter point but also reduced its forecast for more hikes in the future.   True to the expectations of the market, the benchmark funds rate was raised from 2.25 percent to 2.5 percent by the central bank....

The trade war with the United States if getting a bit more complicated for China because of a slow growing economy and the government’s approach on economy not being agreed to unanimously within the Chinese Communist Party, according to some analysts.   Analysts say that only some minimal...