Gold prices surge to USD 1,550 per ounce, following the flare-up in the US -China trade war

Gold prices surge to USD 1,550 per ounce, following the flare-up in the US -China trade war

London/New York: Owing to the latest flare-up in the US-China trade war, gold prices have climbed considerably. On Monday, gold prices scaled up to USD 1,550 per ounce mark, setting a new record. Earlier, it was in April 2013 that gold had reached its peak. At the beginning of the month, Gold rates had crossed […]

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US and Japan will sign a free trade agreement, declares President Trump

US and Japan will sign a free trade agreement, declares President Trump

Paris/Washington/Tokyo: While the US-China trade war is intensifying, US President Donald Trump announced a free trade agreement with Japan. President Trump gave information regarding the free trade agreement, following the discussions with the Japanese Prime Minister Shinzo Abe, on the sidelines of the G7 summit being held in Paris. Trump claimed the agreement to be […]

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Australia should take a firm stand on trade issues with China, appeals US Secretary of State

Australia should take a firm stand on trade issues with China, appeals US Secretary of State

Canberra: US State Secretary warned that Australia needs to take a firm stand in the matters of trade with China, realising that the trade relations with China and the activities of the Chinese military are interlinked. Secretary of State, Pompeo, is Currently, on a visit to the Indo-Pacific and Australia is the most crucial stage […]

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Giants from the technology sector withdraw from China, in view of the US-China trade war

Giants from the technology sector withdraw from China, in view of the US-China trade war

Beijing/Washington: The United States and China decided to restart trade negotiations during the G-20 summit in Japan. But it has been revealed that against the same background, the US technology giants have started withdrawing from China. As per information, companies known as the ‘Big Tech’, such as Microsoft, Amazon, Google, Dell and HP have decided […]

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China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]

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China threatens US on the Rare Earths Minerals issue; US Defence Department submits report to the Congress

China threatens US on the Rare Earths Minerals issue; US Defence Department submits report to the Congress

Washington/Beijing: China has threatened that Rare Earth Minerals can be a counter weapon, in the hands of China and the United States should not underestimate the power of Chinese retaliation. The official newspaper of the Chinese ruling communist party, the Peoples Daily carried this threat, and China has started preparations to stop the export of […]

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The world economy to hit for a whopping $600 billion, due to the US-China trade war

The world economy to hit for a whopping $600 billion, due to the US-China trade war

Washington: A report published by Bloomberg, a leading financial institution in the United States revealed that the effects of the trade war between the largest and the second largest economies in the world would not be restricted only to the warring countries and the worldwide effects will become apparent. The financial institution has warned that […]

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