TRADE WARS

News About World Trade

7,447 articles

Markets fall as Fed officials flag rates to go higher for longer
Feb 09, 2023 (AFP)
Months of slowing price rises fuelled hopes the Federal Reserve could soon pause its tightening drive or even cut rates this year, but that optimism was dealt a...
Philippines' Marcos in Tokyo to sign defence, infrastructure deals
Feb 09, 2023 (AFP)
Marcos' trip comes a week after Manila announced a deal giving US troops access to another four bases in the country, and with Japan and the Philippines already...
Biden says US not seeking conflict with China, despite balloon flap and trade deficit
Feb 09, 2023 (AFP)
"We're going to compete fully with China, but... we're not looking for conflict -- and that's been the case so far," he said in a televised interview with PBS. ...
World Bank revamp to start by April on push to broaden mission: Yellen
Feb 09, 2023 (AFP)
While development lenders need to further their main mission of poverty reduction and inclusive growth, it is also key that they tackle global problems, she sai...
US, Brazil to seek reset with Biden-Lula meeting
Feb 08, 2023 (AFP)
Veteran leftist Lula, who took office for a third term last month after defeating far-right incumbent Bolsonaro, will hold what his team called a highly symboli...
Markets mostly rise but rate worries keep optimism in check
Feb 08, 2023 (AFP)
A run of key data in recent months has indicated a series of bumper hikes last year was beginning to pay off, fuelling hopes that the central bank could pause i...
US trade deficit widens in 2022 to record on strong imports
Feb 07, 2023 (AFP)
The overall trade gap grew $103.0 billion from 2021 to $948.1 billion last year, Commerce Department data showed, on a surge in goods imports ranging from crude...
Asian markets rebound from Fed sell-off but traders still uneasy
Feb 07, 2023 (AFP)
January's rally has come to a halt this month as investors contemplate an extended period of high borrowing costs aimed at bringing down inflation from multi-de...
US tech giant Dell to cut 5% of its global workforce
Feb 06, 2023 (AFP)
The cuts follow similar steps by tech giants Microsoft, Facebook owner Meta, Google-parent Alphabet, Amazon and Twitter as the industry girds for economic downt...
Global stocks fall amid worries over interest rate, US-China tensions
Feb 06, 2023 (AFP)
Adding to the downbeat mood were geopolitical concerns after the United States shot down a suspected Chinese spy balloon that had floated across the country for...
Australia seeks 'unimpeded trade' with China after costly sanctions
Feb 06, 2023 (AFP)
China slapped hefty tariffs on key Australian exports such as barley, beef and wine in 2020 at the height of a bitter dispute with the former conservative gover...
Markets take a hit as US jobs fan rate worries
Feb 06, 2023 (AFP)
Adding to the downbeat mood were geopolitical concerns after the United States shot down a suspected Chinese spy balloon that had floated across the country for...
Danes protest against plan to abolish public holiday
Feb 05, 2023 (AFP)
"It's a totally unfair proposal", said Lizette Risgaard, the head of the FH union which organised the demonstration and which has 1.3 million members in the cou...
Europe in crossfire of US-China economic rivalry
Feb 04, 2023 (AFP)
The United States has adopted the Inflation Reduction Act (IRA), which contains $370 billion in sweeping investments, subsidies and tax cuts to reduce greenhous...
British Steel mulling 1,200 job cuts: union
Feb 03, 2023 (AFP)
The company wants to "make up to 1,200 workers redundant" at its steelworks in the northern English town of Scunthorpe, Unite said in a statement on Thursday. T...
Asian markets drift as weak tech earnings dent recovery optimism
Feb 03, 2023 (AFP)
Disappointing earnings from Wall Street titans Apple, Amazon and Alphabet -- who together are worth almost $5 trillion -- indicated higher borrowing costs and e...
China expected to boost global growth but uncertainties remain: IMF
Feb 03, 2023 (AFP)
After almost three years of stringent health restrictions, Beijing in December abruptly ended the zero-Covid policy that had battered the economy and provoked w...
Markets mostly rise but tech earnings dent recovery optimism
Feb 03, 2023 (AFP)
Disappointing earnings from Wall Street titans Apple, Amazon and Alphabet -- who together are worth almost $5 trillion -- indicated higher borrowing costs and e...
Hong Kong offers free flights after Covid isolation
Feb 02, 2023 (AFP)
The government's rebranding campaign, "Hello, Hong Kong", bills itself as an effort to tell "good stories" about the southern Chinese city, where years of polit...
US temporarily extends tariff relief on Chinese medical goods
Feb 02, 2023 (AFP)
These exclusions cover 81 medical-care products, and the exemptions stem from the US battle against the Covid-19 pandemic. The current exclusions were originall...
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