Page 23 – FinanceSecond

Trading News

United States need to Centralize China’s Technology Program after the Trade Talks are resumed Business Group Claims

By Adrian Todaro January 25, 2019

American trade peacemakers were informed by two US business groups that the Hi-tech initiative of Beijing is moving ahead as illustrated in the Made in China 2015 plan. Made in China is a policy whose objective is to concentrate on the tasks that are assumed to be resumed by next week in an attempt to […]Continue Reading

Company News

Spanish Auto Firm SEAT to Use Blockchain for Driving Up Efficiency

By Teresa Taylor January 23, 2019

After the banking and financial technology firms, the blockchain technology has found a new client in the automobile industry. SEAT, a Spanish car maker, has joined hands with the Alastria consortium to develop products and services based on blockchain technology. The carmaker is looking to develop a system for exchanging its various product and services […]Continue Reading

Stocks

Global Growth a Challenge as Asian Shares and US Stock Slips Down

By Teresa Taylor January 23, 2019

On Tuesday, the shares of the Asian countries collapsed, and the prices of oil further slipped down. This has led for discouragement about world growth, and a group of investors is staying away from the risky assets whereas sterling ticked lower during the recent twists and turns that appeared in the Brexit. After the announcement […]Continue Reading

News

Emerging Economies are facing risks due to weak capital flow; currency declines: IMF Chief Economist Gopinath

By Adrian Todaro January 23, 2019

Gita Gopinath, the Chief Economist of IMF in Davos on Monday signaled that due to weak global growth at a rate greater than expected the emerging economies are facing huge risks which are caused by weak capital flow mainly because of US activeness and due to a decrease in currency value. In 2018 the global […]Continue Reading

Company News

Alipay secures smooth business amidst Brexit tensions

By Katherine Miller January 23, 2019

China’s leading mobile and online payments app Alipay has received e-money license in Luxembourg. Alipay already holds a license issued by Britain’s Financial Conduct Authority. Luxembourg, a small country between Belgium, Germany, and France gave Alipay the surety of uninterrupted and smooth business in the event of a strong exit of UK from the European […]Continue Reading

Opinion & Analysis

Chinese Economy Hits Its Lowest In 3 Decades

By Norma Stanley January 22, 2019

China which is the world’s second-largest economy grew by 6.6% which is slowest in 28 years. As per the latest official data released the economy lost its way further in the last quarter as the county tried to overcome the debt crises and the ongoing trade war with the United States. With that, there is […]Continue Reading

Opinion & Analysis

Chinese Economy Grew the Lowest since 1990

By Evan Vaughn January 22, 2019

China has officially declared that its economy has grown at 6.6 percent in 2018. It is the slowest growth of the Chinese economy since 1990. The experts highly anticipated this official announcement all over the world amidst on-going talks with the United States on trade and tariffs. Economists also have predicted that the Chinese economic […]Continue Reading

Trading News

China Oil Demand Rises Oil Price To Highest In 2019

By Teresa Taylor January 22, 2019

The prices of oil hit its highest in 2019 as refinery processing data in China rose to a high in 2018. It brings a huge cheer to the industry as China which is the second largest economy in the world had a slowdown in 2018. The price rise is also partly because of the OPEC […]Continue Reading

News

‘Inclusive’ Approach Needed for Globalization Says WEF Founder

By Evan Vaughn January 21, 2019

This year’s World Economic Forum in Davos starts in a week with the theme being Globalization 4.0: Shaping a new architecture in the age of the fourth industrial revolution. Many top executives and leaders from around the world attend this conference every year, and ahead of this event, the WEF founder has advocated the heads […]Continue Reading

Company News

Huawei’s 5G Network May Be Barred From Germany

By Brian Stanley January 21, 2019

Germany is considering various ways to block Huawei’s 5G mobile network as per reports. If the government does block it, it will follow other countries like Australia and the United States which has already restricted Huawei from accessing its next-gen mobile networks. Both countries have cited national security as the reason behind banning it. The […]Continue Reading