Chinese authorities allowed to export used cars to stimulate car sales in the country. According to the Xinhua News Agency, 10 administrative regions, including Beijing and Shanghai, were the first to receive permission to export used cars. The Chinese Ministry of Commerce issued a statement saying...

Iranian authorities have decided to “stop fulfilling certain obligations” of the Joint Comprehensive Action Plan (JCAP). Tehran has already notified ambassadors of Russia, Britain, China, the EU, France and Germany about the decision, Reuters reports. During a speech at a government meeting,...

Asian airlines are cutting routes, revising their schedules and leasing additional aircraft due to suspension of operation of Boeing 737 Max 8 aircraft after two crashes of this model, reports AP. Until now, regional carriers have managed to avoid serious disruptions, but analysts expect that the...

Following a series of tweets threatening new tariffs on China by United States president Donald Trump has apparently put the US-China trade agreement at risk which was not long ago believed to be in its final stages. It has also thrown into question the next round of negotiations to be held in...

Shares in China fell amid escalating tensions between the US and China, after US President Donald Trump announced an upcoming increase in duties on Chinese goods. The Shanghai Composite Index to fell by 5.58% to 2,906.46 points. The Shenzhen Composite fell 7.38% to 1,515.80 points. The CSI 300...

The Federal Reserve System (FED) will not ease monetary policy due to weak inflation in the United States (below the target of 2%). Head of the watchdog, Jerome Powell, considers the current dynamics of this indicator temporary. In contrast to the price situation, the situation on the US labor...

A seismic shift in the tendency of spending habits of women in China is boosting the "sheconomy" in the country. The business slogan that is getting popular in the second largest economy of the world is that those companies that win over the hearts of women also win all.   According to...

According to a report on Politico, there can be a partial roll back of a part of the tariffs imposed on $250 billion worth of Chinese products imported into the US following the nearing of a trade agreement between the United States and China. The two countries completed “productive” talks in...

In a speech broadcast live on Iranian state TV on Tuesday, Iran President Hassan Rouhani literally challenged the United States over its attempt to stop Iran from exporting oil, and said that Tehran would continue to export oil despite the pressure from Washington. The latest round of sanctions on...