Washington/Beijing: “While there are no signs of an end to US and China trade war soon, China could weaponise US Treasury holdings,” warned the leading US investor Ray Dalio, founder of Bridgewater Associates. Dalio drew attention to the fact that China has been selling US dollars over the last few months. At the same time, […]
Beijing/Washington: Against the background of the actions initiated by us, President Donald Trump against China, the Chinese government has undertaken efforts to challenge the domination of the United States. Chinese companies in the technology sector are severely hit by the taxes and sanctions imposed by the United States. To bypass the effects of the US […]
New Delhi: Union Finance Minister Nirmala Sitharaman said ‘The Indian economy will reach the $5 trillion mark in the next five years. The 2019 budget lays the foundation for this.’ This budget presented by her has been welcomed by the Industry sector in the United States. Senior US officials are claiming that along with India’s […]
Beijing/Washington: In view of the raging trade war with the United States, China created a stir selling US bonds worth $ 3 billion. This is the third time in the last 14 years that China has unexpectedly sold US bonds. As per the media and the analysts, this is an attempt by China at firing […]
New Delhi: A government panel is said to have advised the closure of businesses dealing in the buying and selling of cryptocurrency as also of cryptocurrency exchanges operating in the country. While the ‘Bitcoin’ hits a new high, with its value growing 200 percent in the course of the past seven weeks, the number of […]
London, dated 1st July (Press)- London, famously known as the Financial Hub globally and in Europe markets, would possibly lose the status post the Brexit results. Post Brexit many companies are moving their offices outside the UK. Germany, France and Ireland are putting in efforts to attract the companies planning to exit the UK. Financial […]
On Friday last, Raghuram Rajan the Governor of the Reserve Bank (RBI) announced his decision to not continue in office in the following term. This decision was expected to demonstrate its repercussions on the market by the following Monday. With the fear of ‘Brexit’ still looming large, the share market was believed to be headed […]