A statement from the Commerce Ministry of China has said that high-level talks on trade between representatives of China and the United States would be held at the beginning of October in Washington even as there are fears that there can be a global recession because of this protracted trade war...

The private placement market is a key source of financing for small companies in China. This year, more and more Chinese companies default on private bonds, Bloomberg reports, explaining the process by the fact that the economic slowdown is putting serious pressure on small companies that seek to...

Sanctions on Iran by the United States are currently in full swing and have been targeted at the oil, energy, banking, metals and shipping sectors of the country. Ever since the sanctions were first implemented last year after the US president Donald Trump withdrew from the landmark 2015 nuclear...

Dollar liquidity is shrinking, which leads to strengthening of the US currency. Besides, it is causing problems in some banks that are short of dollars. One of the reasons for this can be called a large-scale US borrowing program. For the III quarter, the US Treasury plans to borrow $ 434 billion....

The consumer confidence index in the United States in August 2019 decreased to 89.8 points from the July level of 98.4 points, according to the final data of the University of Michigan. The index value has become minimal since October 2016. Preliminary data indicated a decrease in the indicator...

While there would not be any delay in the implementation of the tariff increases on Chinese goods – set to take effect from September 1, there would be talks on a trade agreement between the United States and China in a face-to-face meeting in September, said the US president Donald Trump.  ...

In the long run, there can be a backfire of the decision of Japan to curb exports of high-tech materials to South Korea and the country could see it dominating position in being the crucial link in the global chip supply chain could be eroded, according to suppliers and experts.   Last...

The global gold industry is being quietly roiled by a forgery crisis.   According to recent reports, laundering of smuggled or illegal gold is taking place wherein logos of major refineries are being fraudulently embossed on gold bars and being inserted into the global gold market.  ...

The United Kingdom parliament would be suspended for a month according to a move by the country’s prime minister Boris Johnson. The country is set to exit the European Union on October 31 and this move by Johnson strips the lawmakers of most of the options to stop a no-deal Brexit.   UK...