China’s commerce minister lodged “solemn representations” to his EU counterpart over two Chinese banks’ inclusion in the bloc’s sanctions on Russia over the Ukraine war, Beijing said Wednesday. EU bosses Antonio Costa and Ursula von der Leyen will be in Beijing on Thursday for talks with top Chinese leaders over tense topics like trade and … Read more
Gold prices climbed on Tuesday to their highest point in more than a month, supported by a weaker U.S. dollar and lower Treasury yields, as investors looked for progress in trade talks ahead of an August 1 deadline. FUNDAMENTALS * Spot gold was steady at $3,390.73 per ounce, as of 0112 GMT, after hitting its … Read more
Asian stocks opened higher Monday with the US and China set to resume trade negotiations, while positive jobs data in the world’s largest economy eased recession fears. Equities in Japan and and South Korea opened higher while contracts for the S&P 500 index were flat after the gauge closed at its highest since February. Yields … Read more
Union Minister of Commerce and Industry, Piyush Goyal, held a key meeting with European Union Commissioner for Trade and Economic Security, Maros Sefcovic, in Brussels to discuss the progress of the India-EU Free Trade Agreement (FTA).Both sides reaffirmed their commitment to concluding the long-awaited trade deal by the end of 2025. Goyal described the dialogue … Read more
Narendra Modi’s term in office has entered an interesting new phase, one where his principal challenges are likely to be less internal, more external. In fact, even what may traditionally appear domestic — be it Kashmir, farm laws or the Citizenship (Amendment) Act (CAA) — would acquire political relevance largely through the traction they get … Read more