Economics

Hints Of US-China Trade War Being Dragged On Given By Trump

Following the latest escalation in the trade war between the United States and China with the announcement of Trump of imposing a fresh round of tariffs on Chinese goods and
Published on August 8, 2019
By Debdutta Ghosh

Tesla Could Rise Price Of Its EV In The Chinese Market This September: Reports

Even while the United States and China get in a war of words related to the devaluation of the Chinese currency yuan with Washington officially identifying Beijing as a currency
Published on August 7, 2019
By Debdutta Ghosh

Eurozone Recession Fears Arise Out Of Shoddy German Economic Numbers

There was a more than expected fall in the June numbers for German industrial output primarily because of some significant fall in car-making and metal production. This has raised concerns
Published on August 7, 2019
By Debdutta Ghosh

No Deal On US-China Trade Till 2020 US Presidential Election: Goldman Sachs

It is not likely that the United States and China would end their trade war and come to an agreement on a trade deal before the November 2020 US presidential
Published on August 6, 2019
By Debdutta Ghosh

Analysts Say If China Buys Iranian Oil, Crude Prices Could Drop By $30

Predictions by the Bank of America Merrill Lynch (BofA) estimated that if Iranian oil is bought by China as a measure to retaliate to the latest United States tariff measures,
Published on August 6, 2019
By Debdutta Ghosh

Central banks, professional investors are increasing demand for gold

According to GFMS Refinitiv estimates, in the first half of 2019 there was a noticeable decline in demand for gold. However, this has not affected the price; gold quotes continued…
Published on August 5, 2019
By Iris Barker

Following New Tariffs, Trump Defends His Tariff Policy

‘Things are going well with China’, said the United States President Donald Trump on Saturday referring to his most recent announcement of imposition of fresh import tariffs of 10 per
Published on August 4, 2019
By Debdutta Ghosh

Indian Auto Sector Woes Accorded To The Country’s Shadow Banking Crisis

The Indian auto sector is going through its biggest slump in nearly two decades with dealerships are being pushed out of business across India. In June marked the eight straight
Published on August 4, 2019
By Debdutta Ghosh

Agreement With EU For Greater American Beef Export Signed By Trump

The United States has come to an agreement for greater exports of American beef to the European Union. This was announced by US President Donald Trump on Friday. The agreement
Published on August 3, 2019
By Debdutta Ghosh

Toughest Challenge Since 1970s Stare At British Auto Industry

The biggest challenge starts at the face of the British since the 1970s. In the first half of the year, the production of auto in the UK has fallen by
Published on August 2, 2019
By Debdutta Ghosh

Trump Escalates Trade War, Announces New China Tariffs

Amidst an environment of restarting of trade negotiations between the United States and China, US president Donald Trump has announced imposition of another tariff – this time a 10 per
Published on August 2, 2019
By Debdutta Ghosh

Warning To Japan Of Not To Drop It From Its ‘White List’ On Trade Issued By South Korea

South Korea would be forced to review and rethink its military cooperation with Japan, both key allies of the United States in Asia, if Tokyo ultimately implements its plans to
Published on August 1, 2019
By Debdutta Ghosh

Investments in the UK car sector fall by more than 70% due to Brexit risk

Investments in the UK car sector fell by more than 70% in the first half of the year due to fears about Brexit, the British Society of Motor Manufacturers and…
Published on July 31, 2019
By Iris Barker

Global PV Installation Market Is ‘Now Back On A Strong Growth Trajectory’

‘2018’s slowdown was just a blip’, as world’s solar installation market is set to make record.
Published on July 29, 2019
By Debaleena Bhattacharjee

World’s top ten most profitable companies: Economic clout is leaving the US

The Fortune Global 500 list for 2019 shows how economic power is moving from the United States to other countries. This time only 4 US companies entered the top 10…
Published on July 29, 2019
By Iris Barker

US Economic Growth Slows In Q2 With Concerns Over Drop In Business Investment

The loss of steam in the United States economy for the second quarter was now as bad as was being expected because of an increase in consumer spending which offset
Published on July 27, 2019
By Debdutta Ghosh

Lloyds settles $129 billion lawsuit with Standard Life Aberdeen Plc

Lloyds Banking Group has settled a lawsuit by paying 140 million pounds to Standard Life Aberdeen Plc.
Published on July 26, 2019
By Debaleena Bhattacharjee

Tech Executives Gather In White House Meeting To Discuss U.S.-China Trade

While, the tech firms in the U.S. awaits the details of new policy announced by President Trump, the Tech firms are invited for a White House conference.
Published on July 26, 2019
By Debaleena Bhattacharjee

Trump To Respond Fast To License Requests By US Firms To Sell To Huawei

United States president Donald Trump agreed to make “timely” decisions with respect to allowing American companies to sell to the Chinese tech giant Huawei Technologies Co Ltd – currently blacklisted
Published on July 23, 2019
By Debdutta Ghosh

Chinese economy is growing at the slowest rate since 1992

The Chinese GDP has grown by 6.2% in the second quarter; this is the lowest figure since 1992, when the National Bureau of Statistics of China began to publish quarterly…
Published on July 23, 2019
By Iris Barker

High Recession Risk For Stalling British Economy, Says NIESR

The National Institute of Economic and Social Research (NIESR) of the United Kingdom has warned that there is a one-in-four chance that the crisis surrounding uncertainty over Brexit has already
Published on July 22, 2019
By Debdutta Ghosh

Trade Discussed Over Phone Between US-China Officials, Could Lead To In-Person Talks

After a telephonic conversation between United States and Chinese trade officials over the issue of coming to a possible trade agreement, US Treasury Secretary Steven Mnuchin suggesting in-person talks could
Published on July 19, 2019
By Debdutta Ghosh

More than 50 companies are leaving China due to trade war

More than 50 companies, including Apple and Nintendo, have announced or are considering plans to move production from China to avoid US duties, according to Nikkei Asian Review.
Published on July 19, 2019
By Iris Barker

Chile Falters In Lithium Production , Misses Chance To Jumpstart EV Battery Industry

The chance of the South American national Chile being able to not only woo South Korean electronics giant Samsung and other corporate investors into the country to produce battery parts
Published on July 17, 2019
By Debdutta Ghosh

OPEC expects overproduction on global oil market

The International Energy Agency (IEA) forecasts overproduction of oil in the world. “Our balance sheet shows potential overproduction next year from non-OPEC states, especially from the United States. In the…
Published on July 17, 2019
By Iris Barker

China’s Q2, 2019 Growth Slowest In 27 Years

The second quarter 2019 economic growth of China touched a 27 year old low at 6.2 per cent reflecting the pressure on its economy because of lowering of demand both
Published on July 15, 2019
By Debdutta Ghosh

‘Crypto-Assets Do Not Pose A Threat To Global Financial Stability’: G20 Leaders’ Joint Declaration

The Leaders of G20 is committed towards fostering global economic growth through “technological innovation” while maintain close watch on crypto assets’ development and “emerging risks”.
Published on July 12, 2019
By Debaleena Bhattacharjee

Global PC shipments grow by 5% due to fear of trade wars

Worldwide shipments of traditional personal computers (PCs) in Q2 2019 increased 4.7% to 64.9 million units. One of the reasons for the increase in demand is the expected rise in…
Published on July 12, 2019
By Iris Barker

OECD assesses benefits of 5G

The new generation of wireless networks - 5G - will contribute to economic growth by increasing productivity and stimulating innovation, as well as will prompt development of new forms of…
Published on July 12, 2019
By Iris Barker

India E-Commerce Rules Regressive, Wallamrt Had Warned US Government In January: Reuters

Days before the United States and India is set to start discussions on trade in New Delhi, the US government has been privately informed by Walmart – the largest retailer
Published on July 11, 2019
By Debdutta Ghosh

South Korea Says Export Curb By Japan Could Be An Extended One

There are chances of prolongation of the export curb imposed by Japan on key materials used by South Korean technology firms, said South Korea’s president on Wednesday. President Moon Jae-in
Published on July 11, 2019
By Debdutta Ghosh

Reuters Poll Suggest Drop In China June Exports

According to the outcome of a Reuters’ poll, the second largest economy of the world – China, has been impacted by weakening global demand and a sharp hike in U.S.
Published on July 11, 2019
By Debdutta Ghosh

India is waiting for heavy rains to revive weak economy

India needs heavy rainfall during the monsoon season. Rain could stimulate agricultural production and prompt growth of the third largest economy in Asia, but so far the precipitations have not…
Published on July 11, 2019
By Iris Barker

Diplomatic Solution For Trade Spat With Japan Stressed By South Korean President

Stress on finding a diplomatic solution to the most recent trade spat with Japan was given by South Korea’s president on Monday. The countries are facing a trade spat after
Published on July 9, 2019
By Debdutta Ghosh

US-China Trade Talks To Resume, But Very Little Change Since Talks Were Last Halted

Following an agreement between United States president Donald Trump and his Chinese counterpart Xi Jinping, trade representatives of both the countries would restart stalled negotiations to try and iron out
Published on July 9, 2019
By Debdutta Ghosh

Austria to issue 100-year bonds once again

Austria has hired banks to issue five-year bonds for €3 billion and can also issue 100-year bonds, writes Financial Times referring to a banker familiar with the situation. According to…
Published on July 8, 2019
By Iris Barker

German industry switches to part-time schedule

Since the end of 2017, increasingly more workers in Germany are switching to part-time work. Weak economic growth is reflected in the labor market, according to researchers from the ifo…
Published on July 5, 2019
By Iris Barker

Eurozone economy slowdown is no longer temporary

The slowdown in economic growth in the euro zone should no longer be seen as a “temporary downturn,” and the European Central Bank should prepare for a worsening of the…
Published on July 5, 2019
By Iris Barker

US Threatens EU With Tariffs Over Aircraft Maker Subsidy Issue

The United States has stepped up pressure on the European Union over the alleged subsidies that the block has been giving top to its aircraft making business. Just a couple
Published on July 3, 2019
By Debdutta Ghosh

Morgan Stanley downgrades oil prices forecast for 2019

Experts at Morgan Stanley lowered the forecast for oil prices for the second half of 2019 after OPEC + decided to extend the deal to reduce oil production by the…
Published on July 3, 2019
By Iris Barker

UK Gig Economy Size Doubles In Three Years

Over the past three years, the size of the gig economy of the United Kingdom has more than doubled and currently there are 4.7 people working in the economy, showed
Published on June 30, 2019
By Debdutta Ghosh

Long Road Ahead For A Trade Deal, Says China After Trump-Xi Ice-Breaking Meeting

There is a long road that the United States and China would be required to tread before both the parties would be able to achieve a trade deal, said Chinese
Published on June 30, 2019
By Debdutta Ghosh

G20 Refrains From Criticizing Protectionism But Issues Warning Of Global Slowdown

While issuing a warning about the increasing risks to the global economy, the leaders of the Group of 20 major economies did not officially blame protectionism for it. They instead
Published on June 29, 2019
By Debdutta Ghosh

US And China To Restart Trade Talks

The United States and China would restart stalled trade negotiations and the US would not impose any new tariffs on Chinese imports into America. This was decided after a meeting
Published on June 29, 2019
By Debdutta Ghosh

Airlines In UK Do Not Want To Stop Passenger ‘No-Show’ Clauses

Calls to airlines to eliminate the “no-show” clauses for passengers have been turned down by a host of major airlines, which includes the likes of British Airways and Virgin Atlantic,
Published on June 28, 2019
By Debdutta Ghosh

Eurostat: Annual inflation in euro area stays below ECB target

Inflation in the eurozone was stable in June, remaining well below the target level of the European Central Bank.
Published on June 28, 2019
By Iris Barker

Import Of Canadian Beef & Pork Suspended By China, Tensions Rise

Diplomatic tensions between China and Canada just went up a notch after the announcement of a suspension on the import of beef and pork form Canada was made by China.
Published on June 27, 2019
By Debdutta Ghosh

Bitcoin Demand Rise Due To Announcement Of Facebook’s Libra; Pushes Past $13,000

The current tensions arising out of geopolitics, and the warm welcome and the apparent prospect that the cryptocurrebncy of Facebook called Libra could help bring the digital currency into the
Published on June 27, 2019
By Debdutta Ghosh

H20 Witnesses Higher Inflows And Reduced Redemptions

Investors’ confidence trembles, while H20 reports of increased inflows as redemptions drop.
Published on June 26, 2019
By Debaleena Bhattacharjee

Russia To Support Iran Oil Export On Condition: Ryabkov

The promise of help from Russia to Iran will only be fulfilled if payment system is not launched.
Published on June 25, 2019
By Debaleena Bhattacharjee