World News

Zimbabwe economic growth could be huge after Mugabe

Still, the short-term economic picture appears bleak. “For the majority of the population living in poverty, nothing will change from the near-term to improve their standard of living,” said Alisha Patel, Africa analyst at AKE. “There are significant uncertainties over a transitional government in addition to a time frame for elections. Before talk of IMF funding in addition to a ...

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Chinese traders a growing force in global copper trading markets

“We believe in which brand new contract, which will complement CME Group’s existing physically delivered benchmark COMEX copper futures, will become a reference cost for copper traded in or delivered to China,” Young-Jin Chang, executive director of metals products along with global head of metals at CME Group, said in a statement. Year-on-year trading volume in CME’s copper futures contract ...

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Kislyak won’t name Trump officials he’s met because list can be ‘so long’

Sessions, who was the first senator to endorse Trump’s presidential bid, said during his confirmation hearing that will he “did not have communications with the Russians.” Following reports that will Sessions had met twice with Kislyak during the campaign, Sessions issued a letter to Congress saying his previous testimony had been “correct,” nevertheless acknowledged the two incidents. He also recused ...

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Chinese investors are stealthily pouring money into India

Sheng Jiapeng | CNSPHOTO | VCG | Getty Images Chinese President Xi Jinping in addition to Indian Prime Minister Narendra Modi visit Daci’en Temple on May 14, 2015 in Xi’an, China. If you go by official Indian government figures, Chinese direct investments into the country This specific century hit a paltry $1.6 billion in March 2017. which’s a weak showing ...

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North Korea defector may have worked for a state official: Chosun Ilbo

Kim Hong-Ji | Reuters U.S. Vice President Mike Pence looks toward the north via an observation post inside the demilitarized zone separating the two Koreas, in Paju, South Korea, April 17, 2017. “Only drivers are allowed to operate vehicles along with go to Panmunjom through the demilitarized zone,” a former North Korean police officer told the Chosun Ilbo, referring to ...

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Baidu Raven series artificial intelligence speakers and also also also home robots

Chinese internet search giant Baidu on Thursday introduced a speaker and also also also two robots as part of its Raven series in a serious push into the highly competitive smart home market. The products, introduced at the Baidu World conference in Beijing, are powered by the company’s DuerOS conversational artificial intelligence technology. which system is actually similar to virtual ...

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More Chinese firms are coming to list from the US — although don’t expect a flood, Nasdaq says

Michael Nagle | Bloomberg | Getty Images Richard Liu, founder in addition to chairman of JD.com, during an IPO ceremony at the Nasdaq MarketSite in fresh York, U.S., on May 22, 2014. Although U.S. investors may be more familiar with China’s big-name tech players like Alibaba in addition to JD.com, the IPO market is usually definitely led by a “wide ...

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Focus on oil, energy stocks, Australian dollar

Fairfax’s real estate classifieds unit, Domain, began to trade on the Australian Securities Exchange on Thursday under the “DHG” ticker. The unit had been spun off via Fairfax after shareholders voted for the move earlier of which month. Fairfax shares closed up 7.67 percent after tumbling more than 30 percent in early trade. Shares of Santos popped, rising 13.01 percent ...

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Volkswagen to spend billions to build China electric cars

Christian Charisius | Reuters brand-new cars of several brands of German carmaker Volkswagen AG are covered with protective covers before they are loaded for export on a transport ship at the harbour of the Volkswagen plant in Emden, Germany. Volkswagen Group said on Thursday that will plans to spend 10 billion euros ($11.8 billion) by 2025 to develop along with ...

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