Search result for trillion
In January, Japan recorded a record trade imbalance of 3.5 trillion yen
Japan recorded its largest-ever trade deficit of 3.5 trillion yen in January as energy import prices rose and export growth slowed, with record red ink noted with major trading partner China, according to the Finance Ministry on Thursday. The deficit surpassed the previous record of 2.82 trillion...
The House passes a massive government spending bill, avoiding a government shutdown.
Despite strong opposition from House Republicans, Congress approved the $1.7 trillion bill to fund the government.
After ugly partisan bickering on the House floor that foreshadowed potential dynamics in the new Congress, the House passed a massive bill to fund the government on Friday,...
With an aim to support Tamil Nadu's USD 1 trillion vision plan, the chemical sector is aiming for USD 70 billion.
An official stated on Wednesday that for Tamil Nadu to realise its goal of a $1 trillion economy by 2030, the chemical industry needs to grow to USD 70 billion, or more than 10 times its current size. As the chemical sector expands to a USD 70 billion market, analysts predict that indirect job cr...
The state of Tamil Nadu has a vision of becoming worth $1 trillion, while the chemical sector there hopes to reach $70 billion.
On Wednesday, a government official in Tamil Nadu stated that in order to realize the state's goal of a $1 trillion economy by 2030, the chemical industry in the region must grow to $70 billion. This represents a more than 10-fold increase from its current size. As the chemical sector expands...
Japan plans to spend $40-45 trillion on defense over the next five years.
Japan plans to spend 40 trillion to 43 trillion yen on defense over five years beginning with the next fiscal year, which begins in April, according to three individuals with knowledge of the subject who spoke to Reuters on Friday.
That would be a significant increase from the present f...
Attempts to combat inflation and a depreciating currency in Japan may require a $30 trillion stimulus package
Towards that end, a top legislator from the ruling party has suggested that Japan set its sights on roughly 30 trillion yen for the new economic package that will be drafted later this month.
After meeting with Prime Minister Fumio Kishida, Liberal Democratic Party policy head Koichi Ha...
Poland estimates that Germany incurred $1.3 trillion in losses during WWII
According to the Polish parliamentary committee they have presented its estimate of the economic damage caused by Germany's occupation and invasion during WWII. The opposition charged the administration with conducting a "anti-German campaign."
On Thursday, Jaroslaw Kaczyn...
Tesla crosses the $1 trillion milestone after Hertz deal
Tesla has surpassed a market value of $1 trillion on 26 October, and it became the fifth firm to cross this milestone. Shares of the company went up by 12.6% after the firm sold 100,000 vehicles to a car firm Hertz.
Highlights
- Tesla surpasses market va...
THE FIRST $1 TRILLION IN MARKET VALUE FOR BTC
Highlights:
• BTC reaches $53K per coin
• Crosses over the $1trillion in market value
As bitcoin rallies further ...
RETAIL INVESTORS’ HEADLONG RUSH FOR SAMSUNG ELECTRONICS’ SURGING SHARES
- South Korean retail speculators last week infused over 1.2 trillion won ($1.1 billion) to buy Samsung Electronics shares that scaled the 70,000 won mark for the first time earlier this month, data showed Monday.
- During the five trading sessions, small domestic investors made aw...
WILL KAKAO BANK’S IPO IN 2021 TURN THE MARKET AROUND?
- Kakao Bank, one among a small number of digital banks in Korea, became a profitable solution in 2019 after just 18 months of operation. The bank is all set to launch an initial public offering (IPO) in 2021. The process of selecting underwriters is underway.
- The key questions f...
KSOE AND SAMSUNG HEAVY INDUSTRIES BAG ORDERS WORTH 1 TRILLION WON FOR CRUDE CARRIERS
- Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries have bagged orders for a total of 13 crude carriers. The sum total of the ships under question exceeds 1 trillion won.
- KSOE, a shipbuilding arm of Hyundai Heavy Industries Group, announced on...
CHINA WORLDS LARGEST ECONOMY- BELIEVE IT OR NOT!
- China has now displaced the U.S. to become the largest economy in the world.
- Measured by the more distinguished yardstick that both the IMF and CIA now judge to be the single best metric for comparing national economies, the IMF Report shows that China’s economy is one-si...
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...
SAMSUNG ELECTRONICS FLOURISHES AMIDST US LED HUAWEI SANCTIONS
- Samsung Electronics did flourishing business third quarter of the year registering largest operating profit in last 2 years.
- The South Korean tech giant said in its primary earnings report that it would register 66 trillion won ($57.01 billion) in revenue and 12.3 trillion won ...
APPLE INC. REPORTED AN INCREASE IN THE COMPANY’S MARKET VALUE TO BE $2 TRILLION
Highlights –
- Apple Inc. reported an increase in the company’s market value to be $2 trillion.
- Apple shares surpassed $467.77 on Wednesday.
- Apple stocks climbed nearly by 58% this year.
- Apple is planning to launch a n...
GOP’S COVID RELIEF PLAN: A $1 TRILLION BILL THAT WILL INCLUDE $1200 STIMULUS
Highlights:
• Republicans to announce a $1 trillion coronavirus relief plan
• The republicans are releasing the relief package 2 months after the Democrats
The Democrats passed a $3 tri...
US IN TROUBLE AS COVID RELIEF AIDS TO EXPIRE SOON: GOP CRAFTS A $1 TRILLION AID PACKAGE
Highlights:
- Trump acknowledges that the second wave has cost the US a lot
- Republicans need the Democrats to approve the bill to be passed in the House
As the second wave of coronavirus ravaged a salvaged economy, the federal governm...
NEW ORLEANS ON THE VERGE OF BANKRUPTCY
Highlights:
- New Orleans is one of the hardest-hit cities
- It misses out on the benefits of the $2 trillion stimulus package as it is 100,000 residents less than the minimum residents required for the package to be applied for
The state of New Orl...
U.S. RALLY IMPACTS EUROPEAN STOCK MARKET BIG TIME
Highlights
• Stock Market crash after the rally by Wall Street
• Investors showing interest in companies which are deemed to get benefits out of U.S. $2 trillion bill
• Amidst economic slowdown Japan continues to flourish
With almost 2 percen...