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Samsung to invest $ 11 billion in new generation displays 10/11/2019

Signals Of Further Harsh Action On US Tech Being Given By EU Antitrust Chief 10/11/2019

China Offers A Partial Trade Deal To The US: Chinese State Media 10/11/2019

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Economics

ECB announces new bond buyback

Head of the European Central Bank (ECB) Mario Draghi announced new monetary easing measures. In particular, the regulator will further reduce the already negative deposit rate, and will resume the quantitative easing program from November this year. The volume of asset repurchases per month is € 20...

ECB Cuts Rates Further Into The Negative, Announces New Stimulus Program

A significantly large new bond-buying program was announced by the European Central Bank (ECB) on Thursday with the aim of reviving the struggling economy of the euro zone. The central bank would be spending 20 billion euros ($21.9 billion) per month of net asset purchases under the...

German Growth Forecast For 2019 Cut By Ifo Institute, Predicts Recession In Q3

It is possible that recession could hit the biggest European economy – Germany, in the third quarter, said the Ifo Institute for Economic Research, which has also cut its forecast for the economy for 2019. This is the latest forecast that casts a gloomy picture about the economic revival of the...

Chinese Central Bank keeps softening monetary policy

The Chinese authorities are stepping up measures to stimulate the economy to prevent the subsidence of business activity due to trade confrontation with the US. The country's Central Bank has further reduced the required reserve ratio, which will increase lending to the somewhat slowing Chinese...

US-China Trade War Spillover Proving Beneficial To Vietnam Economy

The spillover benefits of the trade war between the United States and China is likely to result in another growth in the gross domestic product (GDP) of Vietnam which has been a steady economic out performer in Asia. The country has also discovered that its economy was already larger than was...

Experts: 40% of foreign direct investments are tax evasion

According to a study conducted by experts from the IMF and the University of Copenhagen, about $ 15 trillion of foreign direct investment is fictitious, and their only goal is to minimize tax deductions from companies, not to support productive activities. This amount is almost 40% of the total...

Japan’s Q2 GDP Downgraded As Business Investment Is Hit By Trade War

A downward revision of business spending because of the United States – China trade war resulted in the Japanese economy growing at a slower than earlier estimated pace. This has raised concerns and several quarters have made frantic call =s for the Japanese central bank to further announce deeper...

Impact Of Facebook’s New Digital Currency Libra To Be Investigated By EU

There has been some degree of controversy surrounding the plans and announcement by Facebook that it would be launching its own crypto currency Libra. While there have been some who have supported the plans of the social media firm and argued that this move by the company would bring in great...

US-China To Hold Fresh Trade Negotiations In October

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...

Default on Chinese corporate bonds grows to record $ 4.4 bln

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...