US’ gift to the new Indian government; omitting India from the Currency Manipulator list

US’ gift to the new Indian government; omitting India from the Currency Manipulator list

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 […]

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Chinese to target US companies following Huawei action

Chinese to target US companies following Huawei action

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, […]

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China imposes taxes on US goods worth USD 60 billion; global markets including the United States crash

China imposes taxes on US goods worth USD 60 billion; global markets including the United States crash

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 […]

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New Trump threat causes a dip in the Chinese stock market and currency; China claims to not bow to external pressures

New Trump threat causes a dip in the Chinese stock market and currency; China claims to not bow to external pressures

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 […]

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Gold demand at 1,053 tonnes in the first quarter of 2019; 7% rise in demand from India and Central Banks

Gold demand at 1,053 tonnes in the first quarter of 2019; 7% rise in demand from India and Central Banks

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 […]

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Japanese PM on Europe and US visit, against the background of the Belt and Road conference starting in China

Japanese PM on Europe and US visit, against the background of the Belt and Road conference starting in China

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 […]

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Chinese youth should be loyal to the ruling communist party; appeals President Xi Jinping

Chinese youth should be loyal to the ruling communist party; appeals President Xi Jinping

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 […]

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Gold rates will bounce up to $1,400 by the end of 2019, due to economic uncertainties and increasing purchases, claim international analysts

Gold rates will bounce up to $1,400 by the end of 2019, due to economic uncertainties and increasing purchases, claim international analysts

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 […]

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