Chinese Vice Commerce Minister Wang Shouwen said that his country is hopeful that both Beijing and Washington will find a solution to the trade dispute between the two countries “with a calm and rational attitude”. The trade representatives of the two countries are set to hold face to face talks...

The Purchasing Managers Index (PMI) in China’s manufacturing sector rose from 50.4 points to 51.4 points in August. Analysts polled by Reuters, in contrast, predicted a decrease to 50.2 points. The indicator below 50 points reflects a decrease in activity, above - an increase in activity. The...

The Chinese Ministry of Commerce has confirmed that it has purchased “considerable” quantities of soybeans and pork from the United States before the trade representatives of the two countries are expected to meet face to face in Washington early next month to try and forge a deal on trade and...

The Turkish financial authority instructed banks to write off 46 billion liras ($ 8.1 billion) of bad debts by the end of the year, and create reserves to cover losses, Reuters reports. This, as the agency notes, is one of Ankara’s most aggressive steps to eliminate the worst consequences of last...

Bank of Japan board member Takako Masai said the central bank would not hesitate to soften policy if the momentum to achieve a 2% inflation target is lost, Reuters reports. "Recently, I have been worried that prices will be negatively impacted amid significant downside risks associated with foreign...

There would be "catastrophic consequences" is there was no deal to protect trade while the United Kingdom left the European Union, warned the car making industry of Europe. It also warned of millions of jobs being pushed at risk and billions being forced on companies in additional costs.  ...

Once again, US President Donald Trump called on the Federal Reserve to lower interest rates below zero, Bloomberg reports. "We must always pay less interest than others!" - Trump wrote on Twitter, referring to the negative rates introduced in Europe and Asia. On September 18, the US Federal...

After a hiatus of almost two months, deputy trade representatives of the United States and China kicked off a fresh round of face to face negotiations on trade in Washington in their effort to bring an end to the ongoing trade war between the two largest economies of the world and try and agree on...

The U.S.-China trade war slowed the global economy to a minimum of ten years, the Organization for Economic Co-operation and Development (OECD) said, cutting record forecasts for 2019 and 2020. The review touched on almost all the G20 countries, from the US to Saudi Arabia and Russia. This is the...