The International Energy Agency (IEA) forecasts overproduction of oil in the world. “Our balance sheet shows potential overproduction next year from non-OPEC states, especially from the United States. In the first half of 2019, the supply of oil exceeded the demand by 900,000 barrels per day,”...

The second quarter 2019 economic growth of China touched a 27 year old low at 6.2 per cent reflecting the pressure on its economy because of lowering of demand both domestically and abroad amidst the ongoing trade war with the United States.   While there were some indications of...

The Leaders of G20 is committed towards fostering global economic growth through “technological innovation” while maintain close watch on crypto assets’ development and “emerging risks”. The G20 Japan’s summit held in Osaka ended with a joint declaration on “crypto assets”, wherein they defined...

Worldwide shipments of traditional personal computers (PCs) in Q2 2019 increased 4.7% to 64.9 million units. One of the reasons for the increase in demand is the expected rise in prices due to trade wars, according to a study by International Data Corporation (IDC). "This growth is noticeably...

The new generation of wireless networks - 5G - will contribute to economic growth by increasing productivity and stimulating innovation, as well as will prompt development of new forms of competition in the telecommunications market, the Organization for Economic Cooperation and Development (OECD)...

Days before the United States and India is set to start discussions on trade in New Delhi, the US government has been privately informed by Walmart – the largest retailer of the world, that the new investment rules for e-commerce in India were regressive and could impact the trade ties between the...

There are chances of prolongation of the export curb imposed by Japan on key materials used by South Korean technology firms, said South Korea's president on Wednesday. President Moon Jae-in said that his government would try and reduce their reliance on Japanese suppliers and would be making sharp...

According to the outcome of a Reuters’ poll, the second largest economy of the world – China, has been impacted by weakening global demand and a sharp hike in U.S. tariffs and its exports for June likely had dropped.    If the poll results turn out to be true, it would be the second...

India needs heavy rainfall during the monsoon season. Rain could stimulate agricultural production and prompt growth of the third largest economy in Asia, but so far the precipitations have not been enough, according to CNBC. In June, the first month of the monsoon season, the total rainfall in...