TRADE WARS

News About World Trade

7,447 articles

Asian markets mixed as soft US data raises recession fears
Apr 05, 2023 (AFP)
After March's banking sector-sparked turmoil, markets have enjoyed a few bright weeks on optimism the US Federal Reserve will temper its interest rate hikes ear...
China probes ex-boss of state-owned bank; US charges CEO of JPMorgan owned startup
Apr 05, 2023 (AFP)
Li Xiaopeng -- who previously served as Everbright's party secretary and chairman -- is being probed by Beijing's anti-corruption watchdog the Central Commissio...
ADB says developing Asia's growth to accelerate after China reopening
Apr 04, 2023 (AFP)
The Philippines-based lender expects economic growth of 4.8 percent this year, up from its 4.6 percent projection in December. That compares with growth of 4.2 ...
Evergrande enters debt restructuring plan with creditors
Apr 04, 2023 (AFP)
Once China's largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion in liabilities, sparking a nationwide property c...
Most markets rise but oil surge weighs on Fed rate hopes
Apr 04, 2023 (AFP)
Crude built on Monday's surge of more than six percent that came after top producers announced a surprise output cut, providing a fresh headache for central ban...
Macron faces delicate Ukraine balancing act in China
Apr 04, 2023 (AFP)
"China is the only country in the world capable of having an immediate and radical impact on the conflict, in one direction or the other," an official from Macr...
Brazil's Lula reschedules China trip for April 11-14
Mar 31, 2023 (AFP)
The veteran leftist has sought closer ties with China -- Brazil's biggest trading partner -- since taking office in January. He canceled his original trip last ...
Japan FM to visit China, first time in over 3 years
Mar 31, 2023 (AFP)
The April 1-2 trip will include talks with Hayashi's Chinese counterpart Qin Gang, the ministry said, and will be the first time a Japanese foreign minister has...
Mixed reception to UK unveiling trans-Pacific trade pact membership
Mar 31, 2023 (AFP)
Britain will be the first new member since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was created in 2018, and the first ...
Markets build on gains as bank, rate concerns ease
Mar 31, 2023 (AFP)
With the financial turmoil of recent weeks subsiding, traders are refocusing on the battle against inflation, though expectations for how high borrowing costs w...
Asian markets mixed as traders weigh rates outlook
Mar 30, 2023 (AFP)
Investors have taken heart from reassurances by authorities around the world that the fallout from the collapse of US regional banks and the takeover of Credit ...
China's economy showing 'strong momentum', says Li
Mar 30, 2023 (AFP)
Li's speech at the Boao Forum, a high-profile meeting on China's southern Hainan island, was his first to an international conference since being appointed Beij...
Hong Kong leads Asian markets higher on Alibaba boost
Mar 29, 2023 (AFP)
The Hangzhou-based firm said the changes were intended to "unlock shareholder value and foster market competitiveness". Alibaba is one of China's most prominent...
Spanish PM seeks international image with China visit
Mar 29, 2023 (AFP)
The two-day visit comes as Spain is gearing up to take over the European Union's rotating presidency in July which will also serve to project the country on the...
China, Brazil strike deal to ditch dollar for trade
Mar 29, 2023 (AFP)
The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financia...
Hong Kong art market hits pre-pandemic highs; stock markets soar on Alibaba news
Mar 29, 2023 (AFP)
The scenes at Hong Kong's Art Basel fair last week had not been seen since 2019, with a crackdown on pro-democracy protests and pandemic restrictions in the int...
First US official visits China since Balloons; US firm under investigation
Mar 28, 2023 (AFP)
Rick Waters, who heads the State Department's new so-called "China House" that supervises US policy toward Beijing, traveled to Beijing as well as Shanghai and ...
Asian, European markets rise as banking crisis fears ease
Mar 28, 2023 (AFP)
News that North Carolina-based First Citizens Bank had agreed to take over most of SVB boosted European stocks and Wall Street on Monday. The gains were led by ...
Asian shares up as bank crisis fears ease
Mar 28, 2023 (AFP)
European stocks had rallied and two of the three main Wall Street indexes advanced the previous day on news that North Carolina-based First Citizens Bank had ag...
Hundreds of thousands lost their jobs in Turkey-Syria quake: UN
Mar 28, 2023 (AFP)
The earthquake has had a devastating impact on workers and enterprises, the UN's labour agency said. The International Labour Organization calculated that in th...
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