Global Electric Vehicle Battery Swapping Market to Grow at 25.6% during the Forecast Period

Commercial Vehicles to Hold Largest Market Share in 2020

Commercial electric vehicles accounted for the higher market share in 2020 and is projected to maintain its dominance over the forecast period (2021-2029) in the electric vehicle battery swapping market. The grow...

US to release emergency oil from stockpiles

The United States is ready to announce a loan of crude oil from its emergency stockpile. The US has asked major Asian energy consumers to release crude oil from its reserve stockpile, and now this move is a part of that plan.

Highlights

• United States a...

Britain and South Korean leaders in talks for vaccine swap at the UN summit

Highlights

• South Korea and Britain leaders discuss vaccine swap
• Both the leaders also discussed denuclearization of Korea and establishment of peace

Prime Minister Boris Johnson and President Moon Jae discussed vaccine swap during th...

S. KOREA’S SOVEREIGN DEBT FALLS TO THE LOWEST LEVELTHIS WEEK

Highlights –

• S. Korea’s sovereign debt falls to the lowest level this week.
• The spread on credit default swaps (CDSs) for South Korea came in at 19 basis points.
• In 2020 the country's CDS premium rose to 57 basis points in l...

S. KOREA DISCUSSESS POSSIBLE ‘VACCINE SWAP’ DEAL WITH THE U.S

Highlights –

• S. Korea discusses possible ‘vaccine swap’ deal with the U.S.
• S. Korean Foreign Minister Chung Eui Yong indicated the same during a parliamentary session.
• There has been no elaboration on what a ‘swap&rs...

MOORE GILBERT DETAINED IN IRAN BECAUSE OF ISRAELI BOYFRIEND, SOURCES REVEALED

HIGHLIGHTS

• Iranian specialists kept British-Australian, Kylie Moore-Gilbert after finding she was involved with an Israeli, which fuelled unmerited doubts that she was a covert agent, the Sydney Morning Herald provided details, referring to different conciliator...

SOUTH KOREA AND CHINA RENEW CURRENCY SWAP DEAL TO ALLEVIATE SHORTFALL AMIDST PANDEMIC

• South Korea and China have agreed to stretch their bilateral currency swap agreement, the Bank of Korea (BOK) said Thursday, in a move to realize easing a potential currency liquidity crunch amid the new coronavirus outbreak.
• South Korea’s central bank said on Thursday it...

KERALA GOLD SMUGGLING CASE: TERROR FUNDING WAS ON THE CARD SAYS NIA

Highlights

• The special court sent accused Swapna Suresh and Sandeep Nair to NIA custody for seven days

• The NIA submitted that a detailed probe was required as this smuggling case could affect the relationship of India and the UAE

• MHA suspected th...

RBI INTRODUCES USD/RS SELL-BUY SWAPS AS RUPEE HIT AN ALL-TIME LOW

Highlights: 

• The rupee fell to 74.48 in intraday trading 
• RBI calms market with the buy-sell swap offer 
• The swap will be conducted through auctions 
• The first batch of tranches will be auctioned in March for $2