Foreign Affairs
Chinese PMI is above 50 first time in a quarter
Activity in the large Chinese industry grew unexpectedly in August, the first time in three months. This is made public by research agencies Markit and Caixin. The purchasing…
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Next round of the Trade War is starting today
The trade war between the US and China starts the next round on Sunday. Then a new American import tax will come into effect on products such as…
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Strong optimism at European exchanges as US-China trade talks confirmed
The European stock markets showed strong gains on Thursday. Reports that China and the United States are in consultation to resume trade talks in September created investor optimism.…
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China industrial industry profits risen despite the Trade War
Profits from industrial companies in China increased in July. This is according to figures released by the Chinese National Statistical Office. Industrial profits increased by 2.6 percent on…
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Shell appeals against the Australian tax decision
Oil and gas giant Shell has appealed against a decision by the Australian tax authorities. The tax authority suggests that Shell should pay back a tax benefit received.…
Continue ReadingBusiness as usual: China imposed tariffs, US President retaliates immediately
US President Donald Trump is once again introducing tariff increases for imported goods from China. He does so out of anger at the import duties announced by China,…
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Unexpected drop in the newly built home sales leaves experts puzzled
Sales of new-build homes in the United States fell unexpectedly in July. The US Department of Commerce reported this. Sales fell by 12.8 percent on a monthly basis,…
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