india slaps retaliatory tariffs on us goods India slaps retaliatory tariffs on US goods

14:54 | 17/06/2019 Global Economy

India has imposed higher levies on a range of US products after Washington ended key trade privileges for New Delhi. The US accuses India of being a "high-tariff country" that limits access to its gigantic market.
toyota to cut managers summer bonus due to high rd costs Toyota to cut managers' summer bonus due to high R&D costs

14:38 | 14/06/2019 Global Economy

Toyota Motor Corp. will cut summer bonuses for some 9,800 managers by 4 to 5 percent, as it looks to tighten cost control in the face of high spending on developing technology for autonomous and electrified vehicles, a source close to the matter said Thursday.
chinas consumer inflation hits 15 month high China's consumer inflation hits 15-month high

10:38 | 13/06/2019 Global Economy

China's consumer prices rose to the highest level in 15 months while inflation at the factory gate softened. Analysts believe inflation will remain in a benign range.
uk and south korea agree to sign post brexit trade deal UK and South Korea agree to sign post-Brexit trade deal

10:37 | 12/06/2019 Global Economy

The UK has reached a preliminary trade deal with South Korea to avoid disruption if Britain leaves the EU without an agreement.
eu states adopt panda bonds in chinese outreach EU states adopt 'panda bonds' in Chinese outreach

14:06 | 11/06/2019 Global Economy

EU members Hungary, Poland, Portugal and soon Austria are strengthening ties with China by issuing attractive "panda bonds" that help Beijing raise its profile on international financial markets.
turkish minister warns against protectionism at g20 summit Turkish minister warns against ‘protectionism’ at G20 summit

16:14 | 10/06/2019 Global Economy

Turkish Trade Minister Ruhsar Pekcan has warned that protectionist precautions by some countries against short-term economic problems put the whole world trade system at risk.
thai private sector calls for economic stimulus Thai private sector calls for economic stimulus

16:10 | 09/06/2019 Global Economy

The private sector of Thailand has called on the country’s Government to introduce economic stimulus packages to support economic growth in the remainder of 2019 amid growth slowdown, local media reported.
central bank slashes german growth predictions Central bank slashes German growth predictions

16:33 | 07/06/2019 Global Economy

Germany's Bundesbank has cut its projections for economic growth in 2019, citing "lackluster" exports. It said both growth and the inflation rate in the eurozone's biggest economy were currently facing risks.
resolving trade tensions immediate priority for g20 imfs lagarde Resolving trade tensions 'immediate priority' for G20: IMF's Lagarde

10:46 | 06/06/2019 Global Economy

The global economy is at a "delicate juncture" which will require central banks to maintain stimulus and governments to resolve trade disputes quickly, the International Monetary Fund warned on Wednesday (Jun 5).
british retail sales suffer record drop in may British retail sales suffer record drop in May

10:32 | 05/06/2019 Global Economy

British retail sales fell by 2.7 percent year on year in May, representing the biggest drop since records began in 1995, the British Retail Consortium (BRC) revealed on Tuesday.
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