
Debdutta Ghosh
Business & Finance
At WTO Meeting, The Issue Of U.S. Steel Import Restrictions To Be Raised By South Korea
At World Trade Organization committee meetings next week, the trade ministry of South Korea is planning to raise the issue of U.S. restrictions on steel imports the ministry said on
Published on April 22, 2017
By Debdutta Ghosh
Economics
Trump Orders Tax Rule Review, Sets U.S. Tax Reform Announcement
President Donald Trump has ordered an administration review of Obama-era tax rules written to discourage U.S. companies from relocating overseas to cut their tax bills and has also promised that
Published on April 22, 2017
By Debdutta Ghosh
Business & Finance
As Earnings Loom Faith In European Banks Being Lost By Trader
Investors in European lenders are getting cold feet. Before posting the second-biggest decline among industry groups this month, riding on a wave of optimism over the economic and earnings outlook,
Published on April 21, 2017
By Debdutta Ghosh
Economics
As Trump Orders Probe Of Imports, U.S. Steel Shares Jump
As President Donald Trump began a probe into whether imports of foreign-made steel are a national security risk, the U.S. steel stocks rallied on the market. The investigation was a
Published on April 21, 2017
By Debdutta Ghosh
Economics
Start Of IMF, World Bank Meetings Clouded By Worries Over Trump Policies
In order to try and nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration, world finance leaders are gathering on U.S. President
Published on April 20, 2017
By Debdutta Ghosh
Economics
Growing Old Before Becoming Rich Is A Risk Faced By Emerging Asian Countries
Giving rise to concerns that emerging economies such as China and Thailand could see growth stall before they transition into high-income status, economists said that Asian populations will grow old
Published on April 20, 2017
By Debdutta Ghosh
World & Politics
Ahead Of Tough Brexit Negotiations, Europe Welcomes UK Snap Elections
The upcoming snap election in Britain will bring more clarity to current Brexit negotiations and will lead to a “strong” leadership in Westminster, European officials have shown indicated that they
Published on April 19, 2017
By Debdutta Ghosh
Economics
More Than One Scary Outcome For Markets Is Presented By The French Election
Depending on which candidates make it to the final leg of the race, the first round of French presidential election on Sunday could bring on intense market volatility as it
Published on April 19, 2017
By Debdutta Ghosh
Economics
North Korea, France Keep Investors On Edge, Global Stocks Dip
A lengthening list of uncertainties for investors already on edge over tensions simmering from North Korea to France was further added another uncertainty by a snap general election call in
Published on April 18, 2017
By Debdutta Ghosh
Business & Finance
Even As Policy Drive Slows, Automakers Charge Ahead With Electrics In China
Even as policymakers scale back subsidies aimed at building sales from relatively low levels and consider tapping the brakes on sales quotas for plug-in cars, China’s auto industry is charging
Published on April 18, 2017
By Debdutta Ghosh
Economics
Strongest Economic Growth Since 2015 Noted Ion China Driven By Steel And Stimulus
As higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years, China’s economy expanded faster than expected in the first
Published on April 17, 2017
By Debdutta Ghosh
Economics
Financiers Pour Billions Into U.S. Shale Undaunted By Oil Bust
Big new bets on the resurgence of the U.S. shale industry are being put by investors who took a hit last year when dozens of U.S. shale producers filed for
Published on April 17, 2017
By Debdutta Ghosh
Economics
The Continued Shift To Asia Explained By A Strategist As โGo East, Young Investorโ
Michael Power, a strategist at Investec Asset Management, which manages $115 billion on behalf of third party clients thinks about gravity a lot. And โGo east, young investorโ are the
Published on April 14, 2017
By Debdutta Ghosh
Science & Technology
30,000 Fake Accounts Cracked Down Upon In France by Facebook
As Facebook Inc. step up efforts to stop the spread of fake news, misinformation and spam, the social network giant said on Thursday it suspended 30,000 accounts in France. The
Published on April 14, 2017
By Debdutta Ghosh
Science & Technology
First Laser Sensors Set To Be Rolled Out By Self-Driving Start-Up
The laser-based sensor for self-driving cars, a key component that would improve vehicle safety, is being prepared to be manufactured by Luminar, a Silicon Valley start-up, the company said on
Published on April 13, 2017
By Debdutta Ghosh
Business & Finance
โBuy Fordโ, Disgruntled Shareholders of Tesla Told By Elon Musk
In order to “provide a critical check on possible dysfunctional group dynamics,” addition of two new independent directors to the board of the luxury electric car maker, without ties to
Published on April 13, 2017
By Debdutta Ghosh
Business & Finance
In Push For Overseas Growth, Japan’s Dai-Ichi Life Eyes Cambodia, U.S.
Placed in line with the firm’s strategy to boost overseas growth as investment returns diminish at home, Japan’s Dai-ichi Life Holdings Inc plans to expand its U.S. presence and also
Published on April 12, 2017
By Debdutta Ghosh
Science & Technology
To Keep Elderly On The Move, Japan Automakers Look To Robots
Japanese automakers are turning their attention to robots to help keep the country’s rapidly graying society on the move and are hence looking beyond the industry trend to develop self-driving
Published on April 12, 2017
By Debdutta Ghosh
Business & Finance
Brexit Sweeteners Offered To Investment Banks By European Regulators
EU member countries are offering looser regulatory standards to banks after Brexit, taking advantage of a gap in EU financial rules. The countries are competing to host the trading operations
Published on April 11, 2017
By Debdutta Ghosh
Business & Finance
Ahead Of Giant IPO, Saudis, Oil Majors Discuss Gas Investments: Reuters
As part of the top crude-exporting country’s drive to diversify investments before the listing of national energy giant Saudi Aramco, Saudi Arabia and international oil companies have discussed gas venture
Published on April 11, 2017
By Debdutta Ghosh
Science & Technology
In Order To Combat Fraudsters, Experian Enlists Behavioral Biometrics Startup
To enforce and empower companies selling credit cards and other lending products online by helping them to spot fraudsters applying for such products, Credit bureau Experian Plc has joined forces
Published on April 10, 2017
By Debdutta Ghosh
Business & Finance
Investors Kept Cautious By Geopolitics From France To Korea
Due to geopolitical tensions in the Middle East and the Korean peninsula, and with investors refraining from making big bets, trading volumes were muted for many financial market assets. It
Published on April 10, 2017
By Debdutta Ghosh
Business & Finance
Pentagon Warns That Flying Under The Radar Are Chinese Tech Investment In US
A Pentagon report says that the United States government needs tougher controls to stem the transfer of some of America’s most promising technologies because China is investing in Silicon Valley
Published on April 8, 2017
By Debdutta Ghosh
Economics
Date For Fresh Payments And Discussion On Debt Is Uncertain Even As Greece Agrees To New Reforms
After Greece exits its third bailout program, new measures worth of 2 percent of gross domestic product by the end of the decade has been agreed to be put in
Published on April 8, 2017
By Debdutta Ghosh
Economics
Citi Says The Next Big Downturn Is โNot Imminentโ And Sees 5% Uptick For Global Stocks By Year-End
According to economists at Citi, as any lingering concerns of an impending economic collapse diminish for the global economy, by the end of the year it is expected that global
Published on April 7, 2017
By Debdutta Ghosh
Business & Finance
Chinese Catch-up Threatens Koreaโs High-tech Economy
From the worldโs fastest internet connection speed, world-beating innovation and Samsungโs smartphones, South Korea is famous as a high-tech powerhouse. But here is a reality check: the advantage of Korean
Published on April 7, 2017
By Debdutta Ghosh
Economics
A Quiet Tech Revolution In Europe Is Drawing Investors To Bet On It
Poised to end the first quarter as the best-performing sector and having come up trumps in Europe this year is technology stocks and not banking or mining shares. Dwarfed in
Published on March 31, 2017
By Debdutta Ghosh
Business & Finance
For 2016, Flat Profits Reported by China Tech Giant Huawei
Profits are largely flat as sales continue to rise at Chinese tech giant Huawei and hence it is a mixed bag. According to the company, while overall revenue jumped 32
Published on March 31, 2017
By Debdutta Ghosh
Business & Finance
To Bolster Blockcain Security, Blockchain Startup Chain Teams With Thales
With the aim of making easier for large companies that use blockchain technology to safely store their security credentials, U.S. blockchain startup Chain Inc has teamed with security firm Thales
Published on March 30, 2017
By Debdutta Ghosh
Business & Finance
Wood Mackenzie Explains Why Deep-Water Oil Rigs Are Getting Back To Work
As producers move to scale down these mega-operations, the U.S. shale boom shaking the oil industry is changing the way deep-water oil exploration projects are carried out. “It’s not so
Published on March 30, 2017
By Debdutta Ghosh
Business & Finance
U.S. Official Says Bangladesh Bank Heist Was ‘State-Sponsored’
An FBI officer in the Philippines, who has been involved in the investigations, told the media on Wednesday that the online theft of $81 million from the Bangladesh central bank’s
Published on March 29, 2017
By Debdutta Ghosh
Business & Finance
Some National Agencies Worried Over EU Rapid Drug Approval Plan
Resistance from some of the national agencies that will ultimately decide whether the medicines are worth buying, is being faced by a push by the European Medicines Agency to speed
Published on March 29, 2017
By Debdutta Ghosh
Business & Finance
Buying Of Controlling Stake In Forbes Being Discussed With China’s HNA And The Magazine: Reuters
With an eye to buy a controlling stake in the owner of the publisher of Forbes magazine, the acquisitive Chinese conglomerate HNA Group is in talks with the magazine, reports
Published on March 28, 2017
By Debdutta Ghosh
Business & Finance
Bids For Asia General Insurance Distribution Deal Sought By Citi Bank: Reuters
In a deal that could be worth at least $500 million, Citigroup Inc will seek bids from global insurers keen to sell general insurance products across the U.S. bank’s Asia-Pacific
Published on March 28, 2017
By Debdutta Ghosh
Economics
If Le Pen Wins In France, The Euro Could Hit A 15-Year Low
According to a recent survey conducted b a firm on economists, the immediate reaction in the euro is similar to that seen in the pound following the U.K.โs Brexit vote
Published on March 27, 2017
By Debdutta Ghosh
Economics
Healthcare, Retailers The New Interest For Equity Investors After Trump Rally
Shares of Beaten-down healthcare companies, retailers and emerging-market stocks are offer a greater chance for outsized gains, say Lipper Award-winning equity fund managers and they are being pushed towards these
Published on March 27, 2017
By Debdutta Ghosh
Business & Finance
As China, Chile And Egypt Lift Meat Ban, Brazil Hails It As Victory
As China, Chile and Egypt began lifting restrictions on imports from the Latin American country, Brazilโs under-fire meat industry received a major boost. In a statement released Saturday by the
Published on March 26, 2017
By Debdutta Ghosh
World & Politics
EU Ambassador Tells US To Think Twice Before Making UN Irrelevant,
The EU ambassador to the UN has sent a veiled message to the US saying that the U.S. must think twice before pulling funding from the United Nations (UN) and
Published on March 26, 2017
By Debdutta Ghosh
Economics
Top VC Says That The World Could Be Taken By Storm Soon By Huawei-Sized Companies
Chinese mobile handset manufacturing company Huawei, which has been expanding across the globe with its smartphone business, and Alibaba, who listed in the U.S. in 2014, became a well-known name
Published on March 25, 2017
By Debdutta Ghosh
Economics
China Has Its Own Problems At Home Even As World Looks To China For Growth
As China promised world and business leaders that it will keep its doors open even as the world’s second-largest economy undertakes its own market and financial reform, it sought to
Published on March 25, 2017
By Debdutta Ghosh
Business & Finance
As Driver Incomes Drop, Uber Reviews India Leasing Scheme โ Reuters
Since drivers have returned dozens of leased cars early after the company cut incentives, its car leasing strategy in India, its second-biggest market, is being rethought by global ride-hailing firm
Published on March 24, 2017
By Debdutta Ghosh
Economics
Aramco IPO Could Be A Long Way Away From The New York Stock Exchange
For the global IPO of Saudi Aramco โ widely predicted to be the biggest initial public offering in history, the New York Stock Exchange has emerged as the front-runner. But
Published on March 24, 2017
By Debdutta Ghosh
Economics
Trump Optimism Is Showing Signs Of Cracking For The First Time Since The Election
Doubts about whether markets would get the stimulus and the pro-growth policies of tax reform promised by President Donald Trump and the Republican Congress are being raised by them for
Published on March 22, 2017
By Debdutta Ghosh
Economics
ECB Says Trade Deficits May Rise, Not Reduce, By Protectionism
Just days after finance chiefs of the world’s top 20 economies dropped their pledge for open trade, the European Central Bank reiterated the importance of open trade policy and said
Published on March 22, 2017
By Debdutta Ghosh
Economics
As Bailout Quarrel Persists, Greece Edges Toward Another Crisis
Eurogroup is to reiterate calls for Greece to meet loan clauses when the euro-area finance ministers meet in Brussels. Edging closer to a repeat of the 2015 drama that pushed
Published on March 20, 2017
By Debdutta Ghosh
World & Politics
To Define Trump Trade Agenda, Space Given To Mnuchin By G20 Ministers
The world’s top finance officials were relieved to find new Treasury Secretary Steven Mnuchin polite and business-like over the weekend after they were wary of their first official encounter with
Published on March 20, 2017
By Debdutta Ghosh
Business & Finance
Nike Shoes, Muji Foods Skewed In China Consumer Day Show
U.S. sports brand Nike was accused of misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation at China’s annual consumer
Published on March 16, 2017
By Debdutta Ghosh
Economics
End To Asian Easing Could Be Spelled By Fed Rate Moves
After monetary tightening in the world’s second-biggest economy, China followed the U.S. Federal Reserve’s third rate rise in 15 months, experts are of the opinion that the long cycle of
Published on March 16, 2017
By Debdutta Ghosh
Economics
After Steel, Next to Face China Coal Pain After Steel Are Japanโs Power Producers
Japanโs power producers are set to pay for Chinaโs coal policies after the nationโs steelmakers faced the same fate sometime back. According to UBS Group AG and Morgan Stanley, after
Published on March 15, 2017
By Debdutta Ghosh
Business & Finance
Business Applauds Singapore’s Surprise Property Moves
After more than 3 years of sinking prices, revisions to the city-state’s property cooling measures is being welcomed by Singaporeโs largest listed property firm. “Together with the government’s policies to
Published on March 15, 2017
By Debdutta Ghosh