Global market
U.S.-China tariff hike would trigger downturn, trade diversion: U.N
A U.S. plan to hike tariffs on China next month could trigger an economic downturn and let other countries take…
Walmart, Amazon scrambling to comply with India’s new e-commerce rules
Walmart Inc-owned Flipkart and Amazon.com Inc’s Indian unit are rushing to rejig ownership structures and rework some key vendor relationships,…
Major Wall Street players plan new exchange to challenge NYSE, Nasdaq
Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies have agreed to jointly launch a…
World stocks suffer as Fed heightens recession fears
World equity markets slipped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook,…
U.S., China spar at WTO, blame each other for trade crisis
The United States and China clashed anew at the World Trade Organization on Wednesday, accusing each other of undermining the…
America’s Fed expected to raise rates, lending rate may go up
The U.S. Federal Reserve is expected to raise interest rates on Wednesday, but may cut the number of hikes it…
