In the wake of the tumultuous rate decision last week that produced the largest single day loss of 2018 for the Euro, traders will look for the next clues on monetary policy at the ECB’s annual monetary policy conference in Sintra, Portugal.
This past week offered a few high points of volatility. Ahead, the same top line themes of trade wars, divergent monetary policy and risk trends themselves will find charge through key event risk and mere speculative necessity.
China’s Geely Holding has assumed ownership of a 14.9 per cent voting stake in Swedish truck maker AB Volvo, a disclosure notice showed on Monday, completing a deal which has been pending since December. Geely’s deal to buy activist fund firm Cevian Capital’s stake in the Swedish truck and construction equipment maker was announced on […]
China is pushing ahead with modernising its nuclear weapon delivery systems and has added to its arsenal as it boosts military expenditure, according to a report released by an independent think tank on Monday. As of January, the country had 280 warheads, up from 270 a year earlier, the Stockholm International Peace Research Institute (SIPRI) […]
In the diplomatic battle between Beijing and Taipei, Honduras is one of Taiwan’s last remaining friends. The central American country is one of Taiwan’s 18 diplomatic allies, but after more than five decades of close relations, it faces constant daily pressure to recognise Beijing as its ally instead. “We have a lot of pressure, definitely,” […]
A family had to carry their mother’s body down 17 flights of stairs in a residential block in eastern China after a notice from neighbours said dead people could not take the lift. Relatives of Gu Latai, who died aged 95, had to carry the coffin all the way from their 17th floor flat to […]
China’s oldest travel agency has been accused of discriminating against customers based on their age and spending power, and using high-pressure sales techniques to separate them from their money. The claims about China Travel Service, a government-run agency that was established in 1949, were made by state broadcaster China Central Television following an undercover investigation. […]