Even while Chinese steel and aluminum producers gave a call to the Chinese government to retaliate the imposition of tariff on the import of the two metals into the U.S. by the Trump administration, exemptions from the tariffs were sought by multiple countries including Japan, South Korea,...

Global Property Guide portal published a study on the changes in property prices in 45 countries in 2017. Who was ahead of others, and who became an outsider? Europe The Old World was the strongest market in 2017. Three of the five countries that showed the maximum price increase in the past year...

While giving some interim relief to Mexico and Canada with respect to the proposed trade tariffs by the Trump administration, the U.S. has reiterated that those concessions would eventually depend on the favorable outcome of the Nafta negotiations. This was announced by the White House trade...

Economic and investment partnership was launched by U.K.’s prime minister and Saudi Arabia's crown prince which is valued at billions of dollars even as the move was protested by human rights organizations in London. There was also political pressure in the U.K. parliament.   Saudi's Crown...

Canada can unexpectedly become a world leader in terms of debt. In the fourth quarter, Canadian economy grew by 1.7%. This growth, albeit modest, is explained by cheap loans and growth in consumer spending. Also, households in Canada have one of the greatest indebtedness in the world. For each...

Mexican and American officials intend to accelerate negotiations on the revision of the North American Free Trade Agreement (NAFTA) in order to reach a consensus in principle and avoid political clashes in the future. According to Reuters, US Trade Representative Robert Lighthizer, being impatient...

Indian banks are actively raising funds to meet ever-increasing costs. The largest state bank, the State Bank of India and the largest private bank, HDFC Bank, have raised interest rates. The Punjabi National Bank, the epicenter of $ 2 billion fraud, did the same. This is happening against the...

China has stepped up efforts to limit financial risks by lowering the budget deficit target for the first time since 2012. The target for economic growth is set at around 6.5%, Bloomberg reports. The target deficit for 2018 was reduced to 2.6% of GDP from 3% of GDP in the previous two years.  ...

Trump called the competition from foreign companies "shameful". Now importers will have to pay a duty of 25 percent, and importers of aluminum - 10 percent. The US is imposing a duty on imports of steel and aluminum within the country. Steel importers will have to pay 25 percent; aluminum importers...