Economy

President Trump reportedly wants to buy Greenland

The primary languages of the island are Danish and Inuit, and it has been considered a state of Denmark since 1953. It has autonomy in domestic matters, while...


China to Make Countermeasures to U.S. Tariffs, Despite Announced Delay

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Hayman Capital Management's Kyle Bass said "it does look like Presid...


Tensions Flare As Hundreds Gather At Australian Rallies For Hong Kong

The police's decision to ban the "safe, lawful, peaceful march" showed the force's disregard for public safety, said Mr Jimmy Sham, one of the front's leaders, ...


China’s Digital Currency will Soon See The Light of The Day

Onshore yuan last traded on Friday at 7.0613 per dollar. During a meeting of China Finance 40 Group, UnionPay payment system representative Shaofu Jun said...


Trump renews pressure on Fed to cut rates 'faster and bigger'

They must cut rates bigger and faster and stop their ridiculous quantitative tightening now . But economists strongly refute this notion and say it is the str...


Feds told Tesla to stop making "misleading statements" on Model 3 safety

According to the documents obtained by PlainSite , the NHTSA is also sent Tesla a subpoena as part of the agency's protocol in order to obtain informatio...


Gold Prices Gain on Trade Concerns

Mumbai: Gold prices on Wednesday surpassed the Rs 38,000 per 10 gram mark for the first time ever, amid heightened trade tension between USA and China and ma...


Huawei launches its own operating system called HarmonyOS

He says this creates ease of deployment in that developers can "develop (their) apps once, then flexibly deploy them across a range of different devices". Ove...


Top British ministers in United States to 'fast-track' post-Brexit deal

Raab said in his opening remarks, "and we look forward to nurturing in the weeks, months and years ahead". The Trump Administration will pursue a free-tr...


RBNZ chief says negative interest rates "within the realms of possibility"

However, he added the hefty 50 basis-point cut , which caught markets off-guard, reduced the possibility of having to use negative interest rates as it would...


RBI Moves Unlikely To Ease Pain For Struggling Shadow Banks

RBI Governor Shaktikanta Das said the financial markets have fully absorbed the past three rate cuts. Four members (Ravindra H Dholakia, Michael Debabrata Pa...


Half of New Fox Movies Could Go Straight to Disney+ or Hulu

But because Hulu and ESPN Plus cost about $6 and $5 per month, respectively, the bundle of three services represents a $5 monthly savings. "What's more, our r...


Oil prices fall as trade war concerns mount

The ministry did not elaborate on how exactly it would retaliate. "The U.S. -China trade war is worsening in every conceivable way", said Satoru Yoshida, a ...


China Threatens "Countermeasures" If Donald Trump Hikes Tariffs

The sale was the first to a private buyer since Beijing offered to exempt five Chinese soybean importers from the 25 percent retaliatory tariffs China impos...


North Korea claims it tested crucial new rocket launch system

Two short-range ballistic missiles were launched on Tuesday at a low-level, which South Korea claims shows the North was testing their evasive capacities. Hop...


Trump says he'll put 10% tariffs on remaining China imports

Trump announced a first tranche of duties, of 25% on $200 billion of Chinese goods , in May. Markets, which had been up ahead of the news, tumbled with all thr...


Bank of Canada unlikely to follow any Fed interest rate cut

But none expressed support for any additional easing, as Trump and Wall Street want. "I would like to see a large cut and I would like to see immediately the ...


100 million applications targeted in Capital One bank data breach

The Virginia-based bank announced that on July 19 it determined a hacker gained unauthorized access to its systems and obtained personal information of 100 m...


Deals and facts for National Chicken Wing Day

Hooters: All day Monday, you can eat wings for $15.99 per person if you're dining in at participating locations. Local restaurants and pubs may have wing deals...


U.S. economic growth slows below Trump target

A US measure of production has declined in consecutive quarters, the common definition of recession, while a gauge of global factory activity contracted in May ...