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CATEGORY

Asia

Trump Tightens Screws on China With 100% Tariff and Technology Restrictions

US President Donald Trump said he would impose an additional 100% tariff on China as well as export controls on “any and all critical software” beginning...

Interns Making Up to $14,000 a Month at India Trading Firms – Bloomberg

High-speed trading firms are rapidly increasing pay for entry-level jobs in India, with monthly pay reaching $14,000 for interns in the world’s biggest equity...

JPMorgan to Reduce Weight of China, India in EM Bond Index

JPMorgan Chase will cut the weight of the largest bond issuers in its flagship emerging-market (EM) index, diverting investor flows from the likes of...

Dangote Signs MOU with Mitsui Chemicals for Petrochemical Technology Transfer

Nigeria's Dangote Industries signed a memorandum of understanding with Japan's Mitsui Chemicals on Aug. 20 for joint petrochemical production in Nigeria, according to a...

Modi Hugs Putin and Hails Russia Ties in Defiance of Trump

Prime Minister Narendra Modi declared India and Russia share a “special” relationship, standing by each other in difficult times, in a defiant show of ties as...

Holcim Completes Sale of Lafarge Africa Stake to China’s Huaxin For $1bn

Swiss based Holcim has completed the divestment of its Nigeria business, selling its entire 83.81% shareholding in Lafarge Africa PLC to Huaxin Cement at...

China Development Bank Disburses First Tranche of $286m Loan to Nigeria’s Kaduna Kano Railway Project

State-owned China Development Bank has released a 245 million-euro ($286 million) first tranche of funding for the Kaduna-Kano railway project in Nigeria, providing strong financial support...

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