China set for fewer World Bank loans in US fundraising deal
Jim Yong Kim, president of the World Bank Group, reached a deal with Steven Mnuchin, US Treasury secretary © Bloomberg The World Bank is set to change its lending model so that China will receive fewer loans More...
China files trade complaint with WTO against US steel tariffs
China has filed a World Trade Organization complaint challenging US President Donald Trump’s tariff hike on imported steel and aluminum, the trade body said Tuesday. The tariff spat is one element of a wide-ranging More...
US stocks hold steady a day after big loss on trade worries
Stocks are stabilising on Wall Street following a huge slump a day earlier when worries about an escalating trade conflict between the US and China rattled investors. Energy companies rose along with the price More...
The US cannabis industry is growing insanely fast – there are now more legal cannabis workers than dental hygienists
REUTERS/Lucy NicholsonA customer browses screens displaying recreational marijuana products for sale at the MedMen store in West Hollywood, California on January 2, 2018 The total number of job postings for More...
Pound to dollar exchange rate – sterling remains steady with the US currency
Sterling was firmer against both the dollar and the euro ahead of the UK budget on Wednesday. And the pound – up 0.23% to 1.3245 against the dollar this morning – was helped further following press More...
Indians on H-1B visas are not illegal immigrants, Jaitley tells US
Indians coming to America on H-1B temporary visas are highly quality professionals and not “illegal economic migrants” and their position must thus be considered “appropriately” in future policy decisions, More...
What The Success Of Bitcoin Tells Us About The Power Of Storytelling
Courtesy: Chris Ratcliffe/Bloomberg Imagine you could own one of two currencies. One currency is easy to obtain. In fact, you won’t have to do any more than live your life in the usual way — paying by More...
US firms face hiring difficulties, business survey says
A growing share of US employers are struggling to hire new workers and some have raised wages as a result, according to a survey released Monday. The National Association of Business Economists said its quarterly More...
Trump Calls For Removal Of Barriers For US Exports To India
Washington: US President Donald Trump said he is keen to work with Prime Minister Narendra Modi on creating a “fair and reciprocal” trading relationship between the two nations and called for the removal More...
Investors Flock To Asian Bonds As US Yields Slide
Singapore: Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at a time when stubbornly low inflation in the United More...