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...

United States president Donald Trump had said, while he announced a new round of import tariffs on Chinese goods last week, that he was willing to sever all ties with China if needed to make Beijing agree to a trade deal.    "We don't need China," the president tweeted, "and, frankly,...

The August agreement between Democrats and Republicans to add up to the US budget borrowing limit will lead to an increase in its deficit to $ 1 trillion as early as fiscal year 2020. In general, a gradual increase in the deficit will lead to growing volume of US public debt over the next ten years...

A deal was reached between the United States and France to put an end to their dispute over the 3 per cent technology tax imposed by Paris on large tech companies. However no confirmation was provided by US President Donald Trump about whether this deal meant that his threat of retaliatory tariff...

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...