It is unfortunate that the US-China trade war has entered a new phase at a time when the global growth itself remains shaky. Indications that negotiations would resume some time
Stock indexes worldwide rebounded on Wednesday, and the euro and pound sterling bounced back as easing geopolitical concerns and upbeat economic data from China
LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests
NEW YORK: Wall Street treaded water on Wednesday after moves in the US bond market brought back fears of a recession as a bruising U.S.-China trade war drags on, while a rise in energy shares offered support.
MELBOURNE: Several BHP Group shareholders, including the Church of England pension fund, are recommending the company suspend its membership in industry groups that advocate
When it comes to international trade, China hasn’t always played by the rules. So the question begs: How do you change that behaviour? Engaging in a trade war by imposing tariffs isn’t ideal.
The International Monetary Fund (IMF) has indicated that global trade expanded by merely 0.5% in the first quarter of 2019, marking the slowest year-on-year pace of growth since 2012. This certainly comes as disturbing news as there are also signals that a more significant slowdown is possible.
When designing immigration policy, developed countries such as the US should think not just about how to benefit themselves, but how to spur global development. For example, skilled immigrants and their children often invest in businesses in their ancestral countries, boosting economic growth and transferring
A German GDP contraction, weak Chinese industrial output and an inversion of the US yield curve all seem to strengthen fears of a global slowdown and the world community needs to take a serious note of it. Also highlighting the seriousness of the issue is the fact that stock markets on both sides of the Atlantic
Who said it? “A small rate cut is not enough, but we will win anyway!” The answer, technically, is President Donald Trump, who again this week fumed about the European Union and China on Twitter while lamenting that the Federal Reserve raised interest rates “way too early and way too much.” But it just as well