World economy

China sold stainless steel 257% below market price, alleges US

07 Jun 2018

'Carbon bubble' coming that could wipe trillions from the global economy

05 Jun 2018

Inadequate sleep could cost countries billions

05 Jun 2018

Trump speaks of new trade deal as Canada hits back at US tariffs on steel, aluminium

04 Jun 2018

China's floods to hit US economy: climate effects through trade chains

31 May 2018

Intensifying river floods could lead to regional production losses worldwide caused by global warming. This might not only hamper local economies around the globe — the effects might also propagate through the global network of trade and supply chains

Canada to nationalise Kinder Morgan oil pipeline to save project

30 May 2018

Nepal scraps power project contract with Chinese firm over tariff row

30 May 2018

In November last year, Nepal had scrapped a $2.5 billion deal with China Gezhouba Group Corporation to build a 1,200 MW plant on the Budhi Gandaki River, which was awarded by the earlier Maoist-led government without any competitive bidding

US announces 25% new tariffs on Chinese tech goods

30 May 2018

The US action comes a week after China and the US announced measures to avert a trade war, under which Beijing agreed to "significantly increase" its purchases of American goods and services to reduce China’s $375 billion trade surplus

India abides by UN sanctions, not by individual nations: Sushma Swaraj

29 May 2018

Trump now says US team is in North Korea to discuss summit details

28 May 2018

Trump said North Korea has brilliant potential and will be a great economic and financial nation one day and that Kim Jong Un too agrees on this

Global trade: simple, swift and effective, thanks to blockchain

26 May 2018

Every step of a process, with all the associated data and documents, can be securely and irreversibly captured in a blockchain, which is ideal for the international trade in goods

Trump administration in final stages of revoking work visas of spouses of H-1B holders

25 May 2018

The case for not taxing multinationals

24 May 2018

Taxing MNEs' profits, as currently done, wastes resources and is detrimental to global welfare, a new study argues, and suggests we should, instead, tax dividends and sales

UAE to allow 100% FDI; offer 10-year residency visas for exceptional talents

22 May 2018

At present, foreigners generally cannot own more than 49 per cent of any UAE firm unless it is incorporated in a special "free zone"

UAE to allow 100% FDI; offer 10-year residency visas for exceptional talents

22 May 2018

At present, foreigners generally cannot own more than 49 per cent of any UAE firm unless it is incorporated in a special "free zone"

US, China decide to put trade war on hold for now

21 May 2018

While there is no specific deal, the two sides agreed to stop “slapping tariffs’ on each other and instead enhance trade cooperation in areas such as energy, agriculture, health care, high-tech products while the two sides continue trade negotiations

Modi-Putin talks to strengthen strategic partnership between India and Russia

21 May 2018

China offers to reduce trade surplus with US by $200 bn: report

19 May 2018

China may buy $200 billion worth of US goods to reduce its massive trade surplus, according to a report in The New York Times

Ex-PM Razak barred from leaving Malaysia, 1MDB probe may reopen

12 May 2018

Malaysia’s new Prime Minister Mahathir Mohamad, making a comeback after a landslide poll victory on Thursday, said his scandal-hit predecessor Najib Razak has been prevented from leaving the country

Nepal at top of India’s Neighbourhood First policy: Modi

11 May 2018

On his third visit to Nepal, Prime Minister Narendra Modi laid the foundation for Nepal’s biggest hydroelectric project, to be built by India’s state-run SJVN, and also announced a Rs100-crore package for the holy city of Janakpur

Iranian President warns US would regret move to quit nuclear deal

07 May 2018

Hesitant Saudi reforms on gender mixing and closure of businesses for prayers

05 May 2018

Sharp cut in Chinese imports of agro products angers US farmers

05 May 2018

Koreas declare end to war, denuclerisation of Korean peninsula

27 Apr 2018

The leaders of South Korea and North Korea will now resume efforts to reunite Korean families separated by the war as they move towards continued development of inter-Korean ties and reunification

Oil price uptrend to hit India hard, say economists

27 Apr 2018

The upward march of oil is particularly bad news for emerging economies like India – Nomura estimates that every $10 rise in oil prices would worsen India’s current account balance by 0.4 per cent of GDP and inflation by 0.1 per cent