The battery arm of Japan's Panasonic will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries for electric vehicles (EV) by 2031, its…
World Economy
Investors betting that the US Federal Reserve is throttling back on interest rate hikes aren’t paying attention to events in China.
South Korean President Yoon Suk Yeol received an honor guard welcome Sunday on a trip to the United Arab Emirates as he hopes to expand its military sales here.
Yoon's visit comes as…
The quality of arguments used in televised presidential debates has raised concerns among economic analysts over the future of Iran’s economy, decisions that will be made and the consequences of…
Chinese President Xi Jinping said the economy can double in size by 2035 and the country can reach high-income status in the next five years, as the Communist Party outlined ambitious plans for…
The biggest problem for the global economy in 2019 won’t be the trade war between America and China. It will be massive business failures. Perhaps bank failures, too. The US-China trade war was…
The US may be exporting natural gas at a record clip, but that has not stopped it from accepting imports of the fuel, including a shipment of Russian gas likely headed for Massachusetts.
Cold weather and China’s consistent gasification efforts pushed liquefied natural gas imports into Northeastern Asia to a record-high, Reuters reports. Since the start of December, LNG imports…
Iraq has agreed a deal with US Company Schlumberger to drill 40 wells in the giant Majnoon oilfield, the oil ministry said on Wednesday. Iraqi Oil Minister Thamir Ghadhban said in a…
US shale producers are slamming the brakes on next year’s drilling with crude prices off 40% and mounting fears of oversupply, paring budgets that in some cases were set only weeks earlier.…
Supplies of uranium, used to fire nuclear power plants, are becoming increasingly plentiful globally, threatening to make redundant Japan's long-standing policy of recycling spent nuclear fuel…
Bank of England Governor Mark Carney gave his backing to a Brexit deal struck by British Prime Minister Theresa May, saying the alternative of leaving the European Union with no transition could…
Countries that embrace protectionism are "doomed to failure", China's Xi Jinping has warned in a veiled swipe at the US's America First policy. Xi was speaking at the Asia-Pacific…
Less than 24 hours after UK Prime Minister Theresa May’s cabinet backed the text of her provisional Brexit deal, the walkouts began. On Thursday morning, Brexit Secretary Dominic Raab submitted…
Market uncertainty tied to the ongoing US-China trade war has spurred more transactions than ever before between the American dollar and the Chinese yuan in recent months. Much of that volume…
A group of trade ministers from around the world voiced their support for strengthening the World Trade Organization at a time when the US administration has threatened to pull out of the body…
While European Union leaders were in the middle of another round of Brexit talks in Salzburg this week, the European Commission was pitching a plan to boost Europe's infrastructure links with…
One of the last remaining points of contention in the trade negotiations between the United States and Canada is whether Canada will allow the US to freely export its dairy products.
The Japan-US ministerial-level trade talks scheduled on Monday and the summit talks on Wednesday are expected to focus on how far Japan can compromise regarding opening its markets for specific…
Turkey and Venezuela are eager to use local currencies in bilateral trade deals to counter efforts by the United States, Turkish Foreign Minister Mevlut Cavusoglu said on Friday, Ahval News…
Apple’s newest iPhone XS went on sale worldwide Friday as eager shoppers lined up at stores to get their hands on the industry leader’s latest smartphone, UPI reported. Several hundred people…
The governor of the Bank of Italy urged caution on the nation’s populist government, warning of a negative market reaction and an “unsustainable” risk for the country’s massive debt, as the Five…
South African President Cyril Ramaphosa has ambitious plans to rescue his country from the economic doldrums as it heads towards elections next year. The president said his stimulus package was…
In a positive development, an important mission from China is coming to Pakistan on September 27 and will place import orders, Internews reported. This will help reduce the trade deficit in…
US multinational Fitch Ratings on Friday raised India’s GDP growth forecast for the current fiscal to 7.8%, up from their earlier estimate of 7.4%, indicating, however, that tightening of…