China, which was a founding member of the General Agreement on Tariffs and Trade (GATT) in 1948, pulled out of it in 1950 for political reasons. By the time the Uruguay Round of trade negotiations was launched in 1986, China became an “observer” of GATT with the express purpose of re-joining the multilateral trading system. Interestingly, Hong Kong acquired membership of GATT as a separate customs territory in 1986 and to this day enjoys full membership of the World Trade Organization (WTO) as “Hong Kong, China”. It is also worth noting that Taiwan has been a full member of the WTO from 2002 onwards with the appellation: Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu or quite simply “Chinese Taipei”. … [Read more...] about How China gamed the multilateral trading system | Opinion
Sustainability investment under cap and trade regulation
Varun Chopra: I have following MFs (Growth) in my portfolio for some of them SIP is executed currently per month and for others SIP duration has expired. Am a long term investor with preference to SIP, kindly guide if I need to withdraw from one fund for investment in other fund and if the funds for which am paying SIP amount is to be continued or stopped. … [Read more...] about Investing: Your MF queries answered
Some investors could be starting to heed that advice. Last week, riskier bond funds suffered their first outflow in 19 weeks, ending the longest streak of inflows since 2013, according to Bank of America. Equity funds recorded their first outflow in four weeks. … [Read more...] about Does BP’s conversion signal the end of Big Oil?
“If organisations wish to monitor their employees, they should be clear about its purpose and that it brings real benefits. Organisations also need to make employees aware of the nature, extent and reasons for any monitoring”, he added. … [Read more...] about Barclays being probed by UK privacy watchdog on accusations of spying on staff
Overseas investors remained net buyers in Indian markets by investing a net Rs 8,327 crore in the first week of August amid better than expected results by big Indian companies.Foreign portfolio investors (FPI) invested a net Rs 7,842 crore in equities and Rs 485 crore in the debt segment between Aug 3-6, according to depositories data.FPIs have been net buyers in the past two months. They invested Rs 3,301 crore in July and Rs 24,053 crore in June on net basis.Harsh Jain, co-founder and COO at Groww, said that India's biggest companies have posted better than expected results despite lockdowns and the rising number of COVID-19 cases and FPIs' investment preferences have also evolved accordingly. "The popularity of bluechip stocks has increased while small and mid-cap stocks are losing favour," he added.The corporate fundamentals have been improving over the quarter and making many bluechip companies attractive for FPI investors.In addition, the continuous increase in liquidity due to … [Read more...] about FPIs remain net buyers in Aug 1st week; pump in Rs 8,327 cr