Category: Economics

Sudden departure of India’s central bank governor raises questions about its monetary independence 0

Sudden departure of India’s central bank governor raises questions about its monetary independence

The sudden departure of India’s central bank governor Urjit Patel on Monday has raised a number of questions about the Reserve Bank of India’s ongoing struggles. The primary focus for investors is whether Patel...

Bank of America sees oil gains in 2019 — but that forecast is far from universal 0

Bank of America sees oil gains in 2019 — but that forecast is far from universal

U.S. based Capital Economics, meanwhile, sees an average of $63 a barrel over the course of 2019. But some remain bullish yet — Japan’s MUFG views Brent and U.S. West Texas Intermediate (WTI) to...

Cybersecurity, trade tensions rank as top threats to markets in 2019, survey finds 0

Cybersecurity, trade tensions rank as top threats to markets in 2019, survey finds

The No. 1 risk to markets in 2019? It will surprise you. The company tasked with clearing and settlement for the financial markets is warning that “pockets of weakness” are starting to emerge across...

India is about to get its 3rd central bank governor in 3 years. Markets are concerned 0

India is about to get its 3rd central bank governor in 3 years. Markets are concerned

It’s hard for any government to match the record levels of staff turnover at President Donald Trump’s White House, but Indian Prime Minster Narendra Modi’s administration appears to be slowly catching up. The Reserve...

Apple vs Qualcomm: How can one US company block another in China? 0

Apple vs Qualcomm: How can one US company block another in China?

Qualcomm and Apple have been embroiled in a years-long legal dispute over patent royalties. Both companies are based in California, but generate a significant portion of their revenues from China. For the fiscal year...

Trade war hasn’t stopped Chinese companies from listing in the US: Nasdaq 0

Trade war hasn’t stopped Chinese companies from listing in the US: Nasdaq

“I’m not going to say that we’ll do well over 180 next year. But it feels like, both from here as well as domestically, that the IPO market will continue to be very, very...

Japan opens the door to more foreigners. That may not solve its labor woes 0

Japan opens the door to more foreigners. That may not solve its labor woes

Language problems and diverging social customs are why many Japanese nationals and businesses are reluctant to accept foreign workers on a permanent basis, echoed Sayuri Shirai, professor at Keio University. Restaurants, for example, are...

China will likely speed up its Belt and Road projects amid US tensions: Citi 0

China will likely speed up its Belt and Road projects amid US tensions: Citi

Some Chinese firms stand to benefit from this, the report said, stating the examples of China Railway Group and China Railway Construction. Others include Chinese train manufacturer CRRC — which produces rolling stock such...

‘Forced tech transfer’ has to stop or be regulated, says EU ambassador to China 0

‘Forced tech transfer’ has to stop or be regulated, says EU ambassador to China

Beijing sometimes forces foreign companies to hand over their technological know-how in exchange for access to its massive domestic market. The administration of U.S. President Donald Trump has demanded that China cease forced tech...

Trump faces pushback after saying he may intervene in arrest of Huawei executive 0

Trump faces pushback after saying he may intervene in arrest of Huawei executive

However, it is clear that Meng’s arrest has affected China-Canada relations at a time when Ottawa is trying to boost bilateral trade. State news agency Xinhua said in a commentary on Sunday that Canada...