Category: Business

South Korean Arms Sales Jump as Perceived Threats Grow

South Korean Arms Sales Jump as Perceived Threats Grow © AP Photo/ Ahn Young-joonAsia & Pacific03:25 13.12.2017Get short URL333 Seoul’s acceleration of its domestic defense industrial base will help prepare the country for a potential fight against North Korea, but in the meantime, South Korea stands to benefit economically from a massive surge in arms […]

US Uses 1930 Law First Time in 25 Years to Probe China Aluminium Exports

US Uses 1930 Law First Time in 25 Years to Probe China Aluminium Exports © AFP 2017/ MARIO LAPORTAUS07:52 29.11.2017Get short URL250713 The US Department of Commerce said that “unfair trade practices will not be tolerated” under Trump administration, announcing an investigation into Chinese government subsidies to promote exports of aluminium sheet. WASHINGTON (Sputnik) — The […]

Bitcoin Trades at Record High Above $10,000

Bitcoin Trades at Record High Above $10,000 © Sputnik/ Vladimir AstapkovichBusiness11:28 29.11.2017(updated 11:38 29.11.2017) Get short URL 0 92 0 0 On Tuesday, November 28, The bitcoin rate on some exchanges already exceeded ten thousand dollars, but later decreased. MOSCOW (Sputnik) — Bitcoin, one of the most popular cryptocurrencies based on blockchain technology, posted a new record value, trading […]

Blighted Britain: Britons Face Two Decades Without Wage Increase

Blighted Britain: Britons Face Two Decades Without Wage Increase © Photo: PixabayEurope14:04 24.11.2017Get short URL 0 63 0 0 The next 20 years will be “two lost decades” for UK workers, who will have to get by without any real terms wage growth amid lingering Brexit uncertainty and falling productivity, the Institute for Fiscal Studies […]

European Central Bank Jitters: Hesitant on Further Bond Purchases, Policy

European Central Bank Jitters: Hesitant on Further Bond Purchases, Policy © Photo: PixabayBusiness14:11 24.11.2017(updated 14:18 24.11.2017) Get short URL 0 10212 The European Central Bank (ECB) says it will cut its asset purchase program in half starting in January and will proceed cautiously toward gradual policy normalization, however, policymakers are not expected to address structural […]

EU Seeking to Expand Into South American Market With Free Trade Pact

EU Seeking to Expand Into South American Market With Free Trade Pact © Flickr/ Hamner_FotosBusiness15:04 24.11.2017Get short URL 0 6310 EU and Mercosur are getting close to striking a trans-Atlantic trade deal, which would boost bilateral trade, but might have adverse effects on EU agricultural producers. Kristian Rouz – One of South America’s largest free-trade zones, […]

Merci Brexit, Beware Angela: Macron Knows ‘How to Talk Big Business’

Merci Brexit, Beware Angela: Macron Knows ‘How to Talk Big Business’ © AP Photo/ Eric VidalEurope20:35 21.11.2017(updated 22:32 23.11.2017) Get short URL134540 French government policy and fears of British financial weakness give Paris a head-start over London in the race for post-Brexit future, an academic at the University of Nottingham told Sputnik. Britain has lost […]