US Senate approves Trump’ tax Bill overhaul

US Senate approves Trump’ tax Bill overhaul WASHINGTON – The US Senate on Saturday approved a sweeping tax overhaul, moving Republicans and President Donald Trump a major step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes. In what would be the largest…

Trump-Tax-Plan-2017

Inside the Wal-Mart vs. Amazon Battle Over Black Friday

Inside the Wal-Mart vs. Amazon Battle Over Black Friday Wal-Mart Stores Inc. and Amazon.com Inc. battled to capture spending over the holiday weekend, as the shifts that have upended the retail industry this year were on display: fewer people visited traditional stores on Thanksgiving and Black Friday while online purchases continued to surge. On Thanksgiving…

Black-Friday

Euro steadies after big drop as markets look beyond politics

Euro steadies after big drop as markets look beyond politics The euro steadied on Tuesday after registering its biggest daily fall in the previous session as investors looked beyond Germany’s political impasse to focus on the euro zone’s still robust economy. With major currencies closeted in tight trading ranges in a lackluster session in a…

euro

Trump visit China binging US more business deals with China

Trump visit China binging US more business deals with China China have signed a series of multibillion-dollar business agreements during President Donald Trump’s visit in a tradition aimed at blunting criticism of Beijing’s trade policies. Commerce Minister Zhong Shan said agreements signed Thursday at a ceremony attended by Trump and his Chinese counterpart, Xi Jinping,…

US president Trump visit China

Putin orders end to trade in US dollars at Russian seaports

Putin orders end to trade in US dollars at Russian seaports Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website. To protect the interests of stevedoring companies with foreign currency obligations, the government…

Russian-seaport

RMB to USD exchange rate break 6.6

RMB to USD exchange rate break 6.6 The exchange rate between RMB and USD break 6.6 from yesterday. Up to now it is 6.5695. This means before you can spend USD100 to buy goods that worth RMB660 from China and now it can only buy goods worth RMB656 which is smaller. The rate keep dropping since…

USD-RMB