Rising oil prices will increase India's current account deficit, continue to exert pressure on its already weakened currency and affect the prospects for economic growth, CNBC reports. Restoring oil prices and India's high demand for it will push up oil imports and increase the country's current...

After more than a year of negotiations, the United States and Mexico managed to remove major differences in mutual trade, Donald Trump announced yesterday. It is assumed that now two countries will conclude a bilateral agreement that will replace the existing North American Free Trade Agreement...

A reviewing committee to find the “best way forward” for the Forest City project, while the announcement from the Malaysian Prime Minister leaves the Chinese Developer’s share tumbling down. On Tuesday, 28 August 2018, Malaysia informed that a review committee will look into the “Forest City”...

A failure to convince the SEC of assured fraud free product resulted in an application rejection while the decision is under review. The “U.S. Securities and Exchange Commission” had informed that it is going to re-assess a decision that was taken by its staff of blocking the market entry of “nine...

In a joint bid, Nippon Steel aims to secure Essar Steel under its wings, while legal issues introduce delay. Nippon Steel and Sumitomo Metal Corp are the leading steel manufacturers of Japan, who consider India as the “most promising market” space, whereby they intends on becoming “an insider” for...

Russian leading corporate executives hold talks with the government on windfall profit tax hike. Last Friday, the executives of leading chemical and metal manufacturers of Russia gathered in the headquarters of “a business lobbying group” in Moscow. The meeting’s agenda was to hold conversations...

Mexican Economy Minister Ildefonso Guajardo said that bilateral differences with the United States on the North American Free Trade Agreement (NAFTA) are set to be eliminated as talks continue between the trade representative of the two countries.   There was anticipation about the...

China’s finance minister has said that his country would continue to retaliate against the US if the Trump administration decides to impose more tariffs on Chinese imports.   In an interview with the new agency Reuters, the minister said China would respond "resolutely" to the "unreasonable"...

The number of Internet users in China exceeded 800 million, which is more than in the United States, Japan and Russia combined. Analysts say that the rapid growth of Internet popularity in China is stimulated not only by the online sales of goods and media content, but also by related industries,...