Opinion & Reviews
Trump Delays US Tariff Hikes on Chinese Goods Owing to Recent “Productive” Trade Talks

Trump Delays US Tariff Hikes on Chinese Goods Owing to Recent “Productive” Trade Talks

US President Donald Trump recently announced that he has delayed an increase in US tariffs on Chinese goods in light of the recent “productive” trade talks between the US and the Chinese delegation. A clear…

Industry News
US Starts Probe on Selling of Steel Imports Below Fair Price

US Starts Probe on Selling of Steel Imports Below Fair Price

The US Commerce Department said on Tuesday that it is set to open a probe on anti-dumping to find out if fabricated structural steel imported from Mexico, China and Canada is being sold below fair…

Opinion & Reviews
Powell Comments: Asia Shares Rise, Dollar on a Three-Week Low

Powell Comments: Asia Shares Rise, Dollar on a Three-Week Low

The Asian shares on Wednesday reached a five-month high, and the dollar reached a three-week low in a reversal of fortunes after Jerome Powell the Federal Reserve Chairman said that the central bank would shift…

Business Planet
HSBC Investigation into Huawei Technology Directed US to Detain Huawei CFO Meng Wanzhou

HSBC Investigation into Huawei Technology Directed US to Detain Huawei CFO Meng Wanzhou

Hong Kong and Shanghai Banking Corporation’s (HSBC) internal investigation into Huawei firm helped the US Department of Justice’s (DOJ) to charge against the Huawei CFO Meng Wanzhou. The document that was not made available in…

Industry News
Federal Trade Commission to Set up Task Force to Monitor Major Tech Companies

Federal Trade Commission to Set up Task Force to Monitor Major Tech Companies

The Federal Trade Commission on Tuesday said that it is going to keep a close monitor on big tech companies like Google and Facebook and it would put up a task force to investigate any…

Business Planet
E-wallet Companies Hail Extension Deadline for Completion of KYC Norms; Will Help Digital Payment Growth

E-wallet Companies Hail Extension Deadline for Completion of KYC Norms; Will Help Digital Payment Growth

The major e-wallet companies like Amazon Pay, Paytm and Mobikwik said on Tuesday that, extending the Know Your Customer (KYC) deadline by six months will help the online payment companies to guarantee that the users…

Economy
Suncorp’s Core Banking Revamp Taking Longer than Expected, Says CEO Michael Cameron

Suncorp’s Core Banking Revamp Taking Longer than Expected, Says CEO Michael Cameron

In August 2016, Suncorp launched a multi-year venture to modernize and update their core banking system with latest developments in Oracle FFS, known as project Ignite. Recently Suncorp has said the configuration of the platform…

Business Planet
Apple is worried about its Stocks in China, not due to Slowdown but due to Apple’s Business Model

Apple is worried about its Stocks in China, not due to Slowdown but due to Apple’s Business Model

Apple Inc. noticed a revenue drop by 26.5 percent from greater China; the company had stated that the loss in revenue was due to the economic slowdown in China. When China announced that China had…

Business Planet
Goldman Sachs Expects Oil Prices to Skyrocket in the Coming Months, but Come Down Eventually

Goldman Sachs Expects Oil Prices to Skyrocket in the Coming Months, but Come Down Eventually

Goldman Sachs said on Monday that it expects Brent Oil prices to hit the $75 per barrel mark in coming months. It, however, feels that these prices will come down with the return of “New…

Trading
Chinese Merchants Finding Success In United States

Chinese Merchants Finding Success In United States

In 2012, when Kevin Chiu left his job to start an online clothing business in a small Chinese city, his main aim was to find more time to spend with his newborn child and his…