The head of the European Chamber of Commerce in China says the Asian country has lost some of its influence in the world. But he doesn’t expect a fundamental rethinking of economic ties in the...
The world clamoured in shock and in pain as the viscous face of the virus barged in. A deadly infection surged across towns, cities, villages big and small. A virus which emerged from Wuhan had...
Microsoft has reported a rise in profits, exceeding Wall Street expectations. The tech giant’s cloud computing services have flourished in a global economy reeling from the coronavirus pandemic. Microsoft on Wednesday posted a sharp rise...
That Covid-19 comes from the city of Wuhan, China is in no doubt at this point. As new human flus come from Asia every year, almost in a pendulum-like fashion, but also avian flues, the...
Non-Chinese investors are shifting into yuan-denominated government debt at a record rate as they seek a safe haven amid the coronavirus pandemic. The shift bears signs of longer-term recalibration of global finance. When the Financial...
Availing a loan, a decade back meant a couple of trips to the bank or a NBFC and submitting a few documents and probably a long wait before you could know if you were lucky...
Lufthansa boss Carsten Spohr would like to receive state support, but does not want state management. His motivation becomes clearer when one takes a look at France. The EU’s competition watchdog on Monday approved French...
Whoever wins the race to come up with a successful coronavirus vaccine will also win massive profits. But while the industry vows to make a vaccine globally accessible, not all are on board with that...
The dollar is lower across the board as dealers attribute the selling to month-end pressures ahead of the FOMC today and ECB tomorrow and long-holiday weekend for many. Japan’s Golden Week holiday has already begun....
Few countries and few governments are having a good crisis but some seem to be faring better than others as shown in the below figure, with the important caveat that the data is one week...
The coronavirus pandemic has exposed the overreliance of companies and governments on China for just about everything, from cars to medicines. But they will not be packing up and leaving China anytime soon. The COVID-19...
RBI announced a relief package in March 2020, due to ongoing crisis of corona virus. Under the package, it has given an option to choose moratorium for term loans and credit card payments. First of...
