Trade War Update: China Old Economy Debt Burdened As New Economy Faces Tariffs

Customers with Xiaomi Corp. branded shopping bags look at smartphones on display inside a Xiaomi store in Hong Kong, China, on Friday, July 6, 2018. The tussle over Xiaomi’s high valuation and concern over a U.S.-China trade war have overshadowed what had been one of the world’s most highly-anticipated initial public offerings of the More...

by Loknath Das | Published 1 month ago
By Loknath Das On Thursday, August 16th, 2018
0 Comments

Erdoğan, Trump, and the Strongman Politics Devastating Turkey’s Economy

The Presidents of the United States and Turkey have recently been exchanging barbs—and economic sanctions—over an evangelical missionary imprisoned in Turkey. Photograph by Doug Mills / NYT / Redux The usually More...

By Loknath Das On Thursday, August 16th, 2018
0 Comments

The Trump Economy Is Strong. So Why Exaggerate?

It’s sunny out. We get it. Photographer: Alex Wong/Getty Images There’s no denying that, since Donald Trump was sworn in as president in January 2017, the U.S. economy has been doing quite well. Growth in real More...

By Loknath Das On Friday, August 10th, 2018
0 Comments

UpWork Quarterly Index Reveals Top Skills in Demand from Freelancers

The freelancer market is maturing and businesses no longer have any misgivings about hiring someone from this workforce. The Q2 2018 Skills Index from Upwork has revealed the skill sets for freelancers are now More...

By Loknath Das On Friday, August 10th, 2018
0 Comments

Senate Passes National Defense Spending Plan with Key Provisions for Small Businesses

The 2019 defense budget was just approved for $716 billion, and some key provisions were added to support small businesses as they work with the Department of Defense. Small Business Benefits in the 2019 Defense More...

By Loknath Das On Friday, August 10th, 2018
0 Comments

Wow! African American Small Business Ownership Up 400% in a Year, Survey Reveals

The number of African American small business owners in the United States has increased by a staggering 400% in just a year. This was the finding of a survey from the small business financing company, Guidant Financial. The State More...

By Loknath Das On Wednesday, August 8th, 2018
0 Comments

10 things the IMF numbers tell us about the Indian economy

India’s strong economy continues to lead global growth, says the international Monetary Fund (IMF) in its latest report on the Indian economy. Photo: Bloomberg Mumbai: The International Monetary Fund has released the More...

By Loknath Das On Tuesday, July 31st, 2018
0 Comments

Balanced mutual funds were never really balanced

A Balanced Hybrid Fund can hold equities up to 40-60% of the total assets and the rest in debt. Photo: iStock Investors were used to seeing balanced funds on the shelves of distributors and their investment advisors. More...

By Loknath Das On Monday, July 16th, 2018
0 Comments

China’s New-Economy Shares Beat the Market as Lending Slows

Most stock indexes in Asia were slightly lower Monday, led by a 0.8% drop in the Shanghai Composite Index. Benchmarks in Korea and Taiwan declined 0.2% and 0.1% respectively. The Tokyo market was closed for a public More...

By Loknath Das On Monday, July 16th, 2018
0 Comments

China’s Strong Economic Growth Figures Belie Signs of Weakness

The United States has started a trade war with China, and by this autumn it could widen the conflict by hitting another $200 billion in Chinese goods with tariffs.CreditAly Song/Reuters SHANGHAI — On the More...