How low will the pound go? Mr Brexit has some ideas

London: Jordan Rochester was a 22-year-old working on his Masters in economics at the University of Warwick when David Cameron pledged to hold a Brexit referendum. Today, at 28, he’s Mr Brexit to colleagues and clients. The currency strategist at Nomura International Plc has become the go-to guy for analysing how every twist in the […]

Trump unleashes Twitterstorm on China as trade talks resume

Shanghai: US President Donald Trump ripped into China on Tuesday after US negotiators arrived in Shanghai to resurrect talks aimed at ending a year-long trade war between the world’s two top economies. Trump took to Twitter to slam China hours after top US officials landed in the financial hub for the first face-to-face discussions since […]

Japan says GDP growth could slow to 0.9% on weakening global demand

Tokyo: Japan’s government slashed its economic growth forecast for this year largely due to weaker exports, in a sign the protracted US-China trade war is taking a bigger toll on the world’s third-largest economy. But the forecast, which serves as a basis for compiling the state budget and the government’s fiscal policy, was still nearly […]

Trump’s China broadside scuttles stocks

New York: Wall Street stocks fell early Tuesday, buffeted by renewed trade war anxiety as US-China talks resumed, and as markets awaited a key Federal Reserve decision. President Donald Trump ripped into China on Twitter after US negotiators arrived in Shanghai, denting expectations that the talks will boost the odds of a deal in the […]