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No ‘phase two’ U.S.-China deal on the horizon, officials say

November 25, 2019 by cbn Leave a Comment

No ‘phase two’ U.S.-China deal on the horizon, officials say

An ambitious “phase two” trade deal between the United States and China is looking less likely as the two countries struggle to strike a preliminary “phase one” agreement, according to U.S. and Beijing officials, lawmakers and trade experts.

Filed Under: Financial Planning

Still hope for U.S.-China deal this year – U.S. official

November 24, 2019 by cbn Leave a Comment

Still hope for U.S.-China deal this year – U.S. official

United States national security adviser Robert O’Brien said on Saturday that an initial trade agreement with China is still possible by the end of the year, but warned Washington would not turn a blind eye to what happens in Hong Kong.

Filed Under: Financial Planning

Still hope for U.S.-China deal this year – U.S. official

November 24, 2019 by cbn Leave a Comment

Still hope for U.S.-China deal this year – U.S. official

United States national security adviser Robert O’Brien said on Saturday that an initial trade agreement with China is still possible by the end of the year, but warned Washington would not turn a blind eye to what happens in Hong Kong.

Filed Under: Financial Planning

Amazon files lawsuit contesting Pentagon’s $10 billion cloud contract to Microsoft

November 23, 2019 by cbn Leave a Comment

Amazon files lawsuit contesting Pentagon’s $10 billion cloud contract to Microsoft

Amazon.com Inc filed a lawsuit in a federal U.S. court on Friday contesting the U.S. Defense Department’s decision last month to award a Pentagon cloud computing contract worth up to $10 billion (£7.8 billion) to rival bidder Microsoft Corp .

Filed Under: Financial Planning

India courts private hospitals to boost ‘Modicare’ insurance programme

November 23, 2019 by cbn Leave a Comment

India courts private hospitals to boost ‘Modicare’ insurance programme

India will offer incentives to private hospitals to take part in the government’s health insurance programme, potentially the biggest of its kind in the world, a senior government official told Reuters.

Filed Under: Financial Planning

India courts private hospitals to boost ‘Modicare’ insurance programme

November 23, 2019 by cbn Leave a Comment

India courts private hospitals to boost ‘Modicare’ insurance programme

India will offer incentives to private hospitals to take part in the government’s health insurance programme, potentially the biggest of its kind in the world, a senior government official told Reuters.

Filed Under: Financial Planning

Equinor’s new North Sea crude heads to Asia’s top oil markets – sources

November 22, 2019 by cbn Leave a Comment

Equinor’s new North Sea crude heads to Asia’s top oil markets – sources

A new North Sea crude marketed by Norway’s Equinor is making inroads into Asia’s top oil importers, with several cargoes set to arrive in China, India and South Korea in the next few months, refining officials and trade sources said.

Filed Under: Financial Planning

India property market set for modest lift from government measures: Reuters poll

November 22, 2019 by cbn Leave a Comment

India property market set for modest lift from government measures: Reuters poll

India’s housing market, burdened with unfinished projects as developers struggle to get cash, is forecast to rebound modestly over the coming year on government plans to unclog the market, a Reuters poll of analysts found.

Filed Under: Financial Planning

China revises up nominal 2018 GDP, says won’t impact 2019 growth calculation

November 22, 2019 by cbn Leave a Comment

China revises up nominal 2018 GDP, says won’t impact 2019 growth calculation

China on Friday revised up its nominal 2018 gross domestic product (GDP) by 2.1% to 91.93 trillion yuan ($13.08 trillion), keeping it on track to achieving its goal of doubling the size of its economy by 2020 from 2010.

Filed Under: Financial Planning

Japan’s consumer inflation stagnant despite tax hike boost

November 22, 2019 by cbn Leave a Comment

Japan’s consumer inflation stagnant despite tax hike boost

Japan’s annual core consumer inflation ticked up only marginally in October despite the boost from a sales tax hike during the month, suggesting weak household sentiment is keeping companies from passing on the higher costs.

Filed Under: Financial Planning

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