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1 min read

India's stock markets recover slightly after plunging on Monday

As of 9:40 am, BSE Sensex was up 0.15% or nearly 50 points at 37,970.72; Nifty was up 0.14% at 1…

Saloni Sardana   


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3 mins read

China slowdown persists as industrial economy posts worst growth since February 2002

China’s industrial production in July grew at its lowest rate since February 2002, with the retail …

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2 mins read

Chinese citizens moved $50 billion of cryptocurrency out of the country in the past year to skirt foreign currency rules, a report says

A report by Chainalysis said Chinese people likely breached rules as the government only allows ind…

Saloni Sardana   


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1 min read

Trump says he's providing a $13 billion bailout to farmers as he seeks support from rural voters ahead of November

Polls show Democratic presidential nominee Joe Biden edging out Trump by several percentage points …

Joseph Zeballos-Roig   


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2 mins read

WTO trade index hits a record low, signals that a global V-shaped recovery is unlikely

Due to future uncertainty around the global economy, trade, and COVID-19, "an L-shaped recovery is …

Carmen Reinicke   


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3 mins read

It's official: Trump's trade war with China is now an unmitigated, farcical disaster

The WTO ruled that the US broke its rules in order to start the trade war with China. The US helped…

Linette Lopez   


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3 mins read

WILBUR ROSS: 'We're in a trade war - we've been in a trade war for decades'

"A more stable (and stronger) peso is of course in the interests of the Trump administration as the…

Elena Holodny   


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US trade deficit in July hits widest point in 12 years

It's the latest report to show that the US economic recovery from the coronavirus pandemic will be …

Carmen Reinicke   


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2 mins read

The US-China trade war has erased $1.7 trillion from US companies' market value, Fed report says

US firms "bore virtually all of the cost" of the new tariffs, the Fed's report said, eating away at…

Ben Winck   


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2 mins read

The latest air freight data is a clear sign that global economy is descending fast

This is the surest sign of a deepening slowdown in world economy. Global air freight declined…

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2 mins read

China's efforts to open its economy is working, UBS says - trade war or no trade war

In 2018, China cut import tariffs four times, taking the average tariff down to 7.5%. Additionally,…

Yusuf Khan   


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3 mins read

Trump's trade war with China is heating up

"The approximately $3 billion in steel and aluminum tariffs against China were reciprocated with ap…

Bob Bryan   


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2 mins read

Warren Buffett was wrong about the trade war

Since those comments, the US and China's strained relationship has devolved into a full-blown trade…

Theron Mohamed   


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Indian yarn producers are losing out as China and US try for a trade truce

In fact, contracts on nearly $500 million worth of yarn exports from India have been renegotia…

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2 mins read

TRUMP: The US is 'not in a trade war with China' because a trade war was already 'lost many years ago'

"While the near-term impact on the global economy of recent moves by both sides may be quite small,…

Bob Bryan   


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2 mins read

India’s finance minister sees a host of opportunities from the US-China trade war

Earlier this week, the US government’s 10% duty on $200 billion worth of Chinese imports came int…

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2 mins read

India may bear the brunt of US sanctions against Iran

According to experts, while the European nations might still be convinced, the situation looks s…

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4 mins read

India unveils economic stimulus-- from homes to cars to banks to infrastructure to equity markets

In a bid to restore the faith in the Indian economy and the Narendra Modi government, Finance Minis…

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4 mins read

China just made this trade war very personal

None of this is over either. Trump's next move on China is going to be over state-sanctioned intell…

Linette Lopez