South Korea is one country may manage to stymie major changes in the aggressive drive by the Trump administration to renegotiate U.S. trade deals.   Threatening to terminate it, the U.S.-Korea Free Trade Agreement, known as Korus, was described as a "horrible deal" that has "destroyed" his...

The President of France reiterates his “will” of directing Brexit trade discussions under Barnier’s negotiations. A re-affirmation has come from the President Emmanuel Macron of France to maintain his support towards Michel Barnier, the Chief Negotiator of E.U, whereby keeping the “only point of...

Expectations of an interest rate increase in December could be diminished by the data of U.S. consumer spending which showed that annual inflation increased at its slowest pace since late 2015 with a rise on consumer spending that was less than expected in July.   Creating a conundrum for...

Head of JPMorgan Chase, James Dimon, whose bank ousted Citi from the top of the list of financial giants, recently said that he is primarily an American patriot and only then a bank manager. Yet, his strategy, in which international markets occupy an important place, hardly reflects this position....

The expectation of ECB monetary policy change is fuelling present euro rise, at the same time feeding a hovering danger on the economy. According to an economist, the continuous rise of Euro against the “U.S. dollar” has become “the main danger” hovering over the fragile economic condition of the...

Notching its quickest pace in more than two years, the U.S. economy grew faster than initially thought in the second quarter. And at the start of the third quarter, there are signs that the momentum was sustained.   The Commerce Department said in its second estimate on Wednesday, gross...

There are hopes that the fallen performance graph of the industry will soon take an upward turn, while most opt for “free trade agreement” with the E.U. after Brexit. According to a survey of the industry, Reuters reports that the Brexit process has already begun to hurt almost 40% of the small to...

Euro/dollar exchange rate has risen to the highest level in more than two and a half years. Breaking psychologically important mark at 1.20 in the morning on Tuesday, August 29, it took just one and a half hour on the global Forex currency market to climb right up to the mark of 1.2070. After that,...

Investing in European companies isn't far-fetched even as the landscape in Europe is changing, analysts say.   Primarily due to geopolitical concerns posing risks to businesses in Europe as their products become more expensive abroad, there has been a more than 14 percent since the start of...