Trump says ready to up China tariff list to US$517 billion

China announced measures to support some of the exporters targeted by US President Donald Trump's barrage of higher tariffs. Japan will have a "big problem" if it doesn't conclude a new trade deal with the U.S., he said on Air Force One. More..

by | Published more than a month ago
Chinese billionaire Jack Ma reportedly retiring from Alibaba on Monday
by | Saturday, September 08, 2018

Chinese billionaire Jack Ma reportedly retiring from Alibaba on Monday

A former teacher, Ma told Bloomberg TV earlier this week he might go back to teaching someday. "I don't think it means that much, frankly". The Jack Ma Foundation, which was founded in 2014, is chiefly ...More..

Rick Scott avoids questions on Trump's Mexico trade pact
by | Friday, September 07, 2018

Rick Scott avoids questions on Trump's Mexico trade pact

The president said Canada's tariffs on USA dairy imports have been excessive over the years and Canada has created "walls" against US businesses. Nor had it made much of a ripple in public discussions on NAF...More..

Longtime Dem loses to left-wing challenger in primary upset
by | Wednesday, September 05, 2018

Longtime Dem loses to left-wing challenger in primary upset

John Tierney in the state's 6th Congressional District. In nearby Connecticut, Jahana Hayes is on track to become that state's first black woman to win a congressional seat if she prevails in November. Becaus...More..

Petrol price to rise by 5 cents
by | Tuesday, September 04, 2018

Petrol price to rise by 5 cents

In Delhi , the petrol price is at Rs 79.15/litre (increase by Rs 0.31/litre) and diesel at Rs 71.15/litre (increase by Rs 0.39/litre). The appreciation of dollar against rupee has also pushed up rates for ...More..

China-Africa business forum attracts over 1000 African representatives
by | Monday, September 03, 2018

China-Africa business forum attracts over 1000 African representatives

These African leaders will be treated like kings, fed plenty Chinese curry, alcohol and given all sorts of toys and tokens while the Chinese looks at their begging bowls and how to further suffocate them with d...More..

NAFTA talks turn tense on day of deadline
by | Monday, September 03, 2018

NAFTA talks turn tense on day of deadline

He said in a tweet issued on Saturday that it would be left of the new NAFTA if "fair deals for the US" isn't reached. "As we've said all week, we're working toward a modernized NAFTA, a modernized NAFTA ...More..

Court quashes Canada’s approval of pipeline
by | Sunday, September 02, 2018

Court quashes Canada’s approval of pipeline

It was that relationship between the state and First Nations that ultimately led to the decision. The scheme had been a crucial test for Trudeau and his government, who swept into office in 2015 on promises o...More..

California approves net neutrality bill considered the strongest in the country
by | Sunday, September 02, 2018

California approves net neutrality bill considered the strongest in the country

Brown has not said whether he will sign the legislation. Almost three dozen states have introduced bills to replace the defunct regulations, and three states have already approved them. "New York has already c...More..

How Successful was Demonetisation? Four Takeaways From the RBI’s Annual Report
by | Thursday, August 30, 2018

How Successful was Demonetisation? Four Takeaways From the RBI’s Annual Report

Counterfeit notes of Rs 100 denomination continue to dominate the fake Indian currency note (FICN) segment with 45.75 per cent of the fake notes recovered in 2017-18 being of Rs 100 denomination, according to ...More..

Volkswagen was reportedly Tesla's backer to go private
by | Tuesday, August 28, 2018

Volkswagen was reportedly Tesla's backer to go private

David Johnson, a managing partner at corporate restructuring firm Abraxas Group, told FOX Business that Musk had made a misstep firing the tweet off. Tesla will stay public , Elon Musk said late on Friday,...More..

President Trump terminating NAFTA, pursuing separate deal with Mexico
by | Monday, August 27, 2018

President Trump terminating NAFTA, pursuing separate deal with Mexico

Trump said he planned to call Trudeau " very soon ". At the same time , President Donald Trump threatened to keep Canada , the third member of NAFTA, out of any new trade agreement. After the election,...More..

Oil rises as China demand resumes, signs that Iran supply curbed
by | Sunday, August 26, 2018

Oil rises as China demand resumes, signs that Iran supply curbed

The data is expected to show shrinking reserves of oil in the U.S. as the government continues to sell off crude oil . The prospect of a drop in oil exports from Iran , the third-largest producer in the O...More..

U.S. And China Impose Fresh Tariffs As Trade War Escalates
by | Friday, August 24, 2018

U.S. And China Impose Fresh Tariffs As Trade War Escalates

The Trump administration says the aggressive stance is meant to pressure Beijing to change policies that allow and encourage the theft of United States technology and unfairly undercut American producers. Chi...More..

Bonds steady before Fed's Powell speaks on Friday
by | Friday, August 24, 2018

Bonds steady before Fed's Powell speaks on Friday

Investors will study them to see whether policymakers discussed issues such as trade policy and the shape of the USA yield curve, which has come close to inverting. The Australian dollar dipped 0.25 percent to ...More..

Malcolm Turnbull: Australia PM's leadership on a knife edge
by | Friday, August 24, 2018

Malcolm Turnbull: Australia PM's leadership on a knife edge

Turnbull's tenuous grip on power was under intense pressure Thursday with the man who wants his job launching a second leadership challenge in a week and senior ministers defecting. Despite Mr Dutton gettin...More..

Cohen pleads guilty, implicates Trump
by | Friday, August 24, 2018

Cohen pleads guilty, implicates Trump

Lanny Davis , an attorney for Cohen, said in an interview with the PBS NewsHour on Wednesday morning that his client had agreed to cooperate with federal prosecutors and share whatever he knows about the camp...More..

Donald Trump asks SEC to look into practicality of corp
by | Sunday, August 19, 2018

Donald Trump asks SEC to look into practicality of corp

Abolishing the rule would "allow greater flexibility & save money" for businesses, Mr. Trump tweeted. The SEC consists of five commissioners appointed by the president, although there now are only four in p...More..

by | Friday, August 17, 2018

Turkey will respond if US imposes more sanctions - trade minister

Washington warned more economic pressures may be in store for Turkey if it refuses to release Brunson, a White House official said on August 15. "They want to hold our wonderful pastor", Trump added. He say...More..

Turkish finance chief tries to reassure investors on crisis
by | Friday, August 17, 2018

Turkish finance chief tries to reassure investors on crisis

Ankara's latest move follows President TrumpDonald John TrumpDems make history, and other takeaways from Tuesday's primaries Pawlenty loses comeback bid in Minnesota Establishment-backed Vukmir wins Wisconsi...More..