With the aim of spurring spending and cause economic growth, import tariffs on a large number of consumer goods – 187 to be particular, have been reduced by Chinese authorities. The goods range from whisky to cashmere clothing.     For products that include pharmaceuticals, food,...

Auctioneers managed to sell off two of its Boeing 747 freighters on Taobao following multiple attempts by the plane maker to do so offline had failed.     According to information available from the Shenzhen Intermediate People's Court, more than 320 million yuan (around 48 million U.S....

With the Asia Pacific region. China, Japan and Australia are the countries that have the most capabilities with respect to defense industrial capabilities. This was revealed in a very recently published research report on the new Market Potential Index conducted by HIS Markit.   The research...

According to the International Labor Organization (ILO), accounting for over 35 percent of the unemployed worldwide in 2017 were young people seeking work, but who were troubled by a persisting overall trend of insufficient good jobs.   The ILO said that the quest for some form of decent...

Bitcoin – the largest cryptocurrency of the world, hit yet another high, as it continues to defying growing bubble fears in its relentless and volatile rally and is exhibiting no sign of slowing down.   On Monday ate around 9:27 a.m. in New York, there was a rise of as much as 6.7 percent in...

The retail demand for higher LCD TV panel was weighed down in the third quarter of current year due to the impact of higher prices that were noted at the start of 2017. The segment noted slower retail price erosion especially in the markets of China and North America which are the very price...

Recent research has found that raising of credit limits for credit cards is one of the major reason for individuals getting into a debt trap and suffering form debt related problems in the UK, following which credit card providers have reportedly agreed to comply with the Financial Conduct...

German drugmaker Bayer feels that its consumer health brands most often do not appeal enough to consumers on digital platforms like Amazon and other online platforms and hence the company has not been able to realize as much of revenues as it would have liked from the segment. And to reverse this...

A latest research report estimates that wearable patch sale will see significant growth by 2022. The report which was prepared and released by Tractica estimates that the shipment of such wearables would reach a total of 35.1 million units every year by the year 2020.   Worn for a small...

The United Arab Emirates will conduct upgradation of its 80 F-16 jet fighters and for this purpose the country will shell out 6 billion dirhams ($1.63 billion) to Lockheed Martin Corp, according ot an announcement of the Defense Ministry whose spokesman said this on Sunday.   The...

Compared to the volume of gas exported to Europe in 2015, an increase of 9 billion cubic meters of gas in exports from Norway to Europe was seen last year which was at a record high of 123 billion, according to a report in the newspaper Aftenposten.   The new paper report further said that...