Washington: The US State Department has expressed confidence that the Indo-US relations will reach new heights with Prime Minister, Narendra Modi at the helm of affairs, in India. As the same time, the United States has taken an effective decision to omit India from the ‘Currency Manipulator’ list. Only three days ago, the United States […]
Beijing: China has initiated steps to retaliate against the US action, to stop big Chinese companies, including Huawei. China has formulated new cyber law with a provision that the foreign companies, in the information technology sector, will have to assure national security. The US and European companies have accused the Chinese government,even in the past, […]
Beijing/Washington: China has fuelled the trade war further by imposing taxes on US goods worth $60 billion. Coming close on the heels of the Chinese announcement, global stock market dipped, and it’s currency Yuan hit a four-month low. Reacting ferociously to Chinese taxes, President Donald Trump ranted that he would not let the United States […]
Tokyo: Repercussions of the saboteur attacks on the Saudi tankers have been felt in the international crude oil market as well. On Monday, the oil market opened with a rise of 2% in the crude oil rates. The US media stated that the spike was attributed to the uncertainty created over future oil exports owing […]
Washington: US President Donald Trump issued a formidable threat that if China does not sign a trade agreement now, it will face dire consequences from the year 2020. Intense repercussions of the threat issued by Trump were felt in China, and the stock markets and currency recorded a massive crash. While the effects of the […]
London: The demand for Gold is increasing, despite a record economic performance by the United States. As per a report published by the group World Gold Council, the demand for Gold in the first quarter of 2019, was more than a whopping 1,053 tonnes. The World Gold Council clarified that historic purchase by the central […]
Washington: In view of the trade war brewing between the United States and China, nearly 200 US companies have started preparations to move operations from China to India. A group of US entrepreneurs informed that this decision has been taken taking into consideration the progress and Stability of the Indian economy. Since the last two […]
Tokyo: Japanese Foreign Minister Kono Taro made a statement from the Chinese capital, indicating that the adversaries were coming together ‘The relations between China and Japan have normalised.’ In response to the statement of the Japanese Foreign Minister, Chinese President, Xi Jinping announced that he would attend the G20 conference in Japan. But the indications […]
Beijing: President Xi Jinping appealed that the Chinese youth need proper political guidance and they need to be loyal to the ruling communist party for this. At this time, he also clarified that ruling communist party and the student movements in China, are closely connected. Only a few days ago, the Chinese government announced an […]
New York/London: International analysts have predicted that the uncertainty at the economic level and the heavy purchasing of Gold by the Central banks of various countries, will make the Gold rates jump to a whopping $1,400 per ounce. (1 Ounce = 28.5 Grams). Martin Huxley of INTL FCStone group claimed that the policy of the […]