Following the latest escalation in the trade war between the United States and China with the announcement of Trump of imposing a fresh round of tariffs on Chinese goods and China alleging letting its currency fall freely to cushion the impact of the trade war, the biggest possible hint so far that...

Cyber attacks had been used by North Korea to steal $2 billion to fund its weapons program, claimed reports citing a leaked report of the United Nations.   The report claimed that the banks and crypto-currency exchanges were targeted by official hackers from Pyongyang for collecting money....

Even while the United States and China get in a war of words related to the devaluation of the Chinese currency yuan with Washington officially identifying Beijing as a currency manipulator, US electric vehicles manufacturer Tesla Inc is reportedly contemplating increasing the price of its cars in...

There was a more than expected fall in the June numbers for German industrial output primarily because of some significant fall in car-making and metal production. This has raised concerns among some that it could be signaling an impending Eurozone recession.   This drop in the June numbers...

It is not likely that the United States and China would end their trade war and come to an agreement on a trade deal before the November 2020 US presidential election, said Goldman Sachs. The US lender said this prediction was based on the “harder line” on the issue that was being adopted by policy...

Predictions by the Bank of America Merrill Lynch (BofA) estimated that if Iranian oil is bought by China as a measure to retaliate to the latest United States tariff measures, the price of a barrel of crude oil could drop by as much as $30.   “While we retain our $60 a barrel Brent forecast...

According to GFMS Refinitiv estimates, in the first half of 2019 there was a noticeable decline in demand for gold. However, this has not affected the price; gold quotes continued steady growth, gaining a foothold by the middle of the year above the level of $ 1,400 per troy ounce. Demand is...

The Indian auto sector is going through its biggest slump in nearly two decades with dealerships are being pushed out of business across India. In June marked the eight straight month of a drop in sale of passenger vehicles while there was a monthly drop of 20.55 per cent in May this year which is...

‘Things are going well with China’, said the United States President Donald Trump on Saturday referring to his most recent announcement of imposition of fresh import tariffs of 10 per cent on Chinese goods worth $300 billion. Trump insisted that the additional import tax on products imported from...