TRADE WARS

News About World Trade

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China's Xi says ready to take Brazil ties 'to new level' after Lula election
Oct 31, 2022 (AFP)
"I am willing to work with president-elect Lula to make joint plans from a strategic height and long-term perspective, and take the China-Brazil comprehensive s...
Most markets slip as rate hopes are offset by big tech sell-off
Oct 28, 2022 (AFP)
After being battered for most of the year by worries that borrowing costs will continue to rise to fight inflation, traders were cheered by a report last week i...
China economic slowdown to drag on Asia growth: IMF
Oct 28, 2022 (AFP)
Worldwide economic prospects have dimmed this year as countries have faced higher living costs, tighter financial conditions and increased uncertainty following...
Euro and pound hold gains, stocks mostly rise as rate fears ease
Oct 27, 2022 (AFP)
Hong Kong led the gains thanks to a surge in tech firms, extending a recovery from Monday's rout that was fuelled by worries of Xi Jinping's tightened grip on p...
US lawmakers urge bank chiefs to reconsider Hong Kong meeting
Oct 27, 2022 (AFP)
Heads of some 30 big financial institutions are expected for the conference in Hong Kong, which is keen to show it is open for business after isolation under on...
Hong Kong finance chief contracts Covid ahead of banking summit
Oct 27, 2022 (AFP)
City authorities are eager for the international finance get-together to show Hong Kong is open for business, having been previously isolated by China's zero-Co...
China says wants deeper Russia ties, silent on Ukraine war
Oct 27, 2022 (AFP)
China and Russia had a tumultuous relationship during the Cold War but have grown closer in recent years as they worked to counter the United States. China has ...
Germany allows controversial Chinese stake in Hamburg port
Oct 26, 2022 (AFP)
Under the compromise agreed by Scholz's cabinet, Chinese shipping giant Cosco has the go-ahead to buy a stake "below 25 percent" in the Tollerort container term...
China fiscal deficit balloons to nearly $1 trillion as economy cool
Oct 26, 2022 (AFP)
The budget shortfall for all levels of government from January to September was 7.16 trillion yuan ($980 billion), according to an analysis based on data releas...
Boss of Germany's BASF warns against 'China bashing'
Oct 26, 2022 (AFP)
The company is building up its business in Asia as its European operations come under pressure, particularly due to the surging price of energy triggered by the...
S.Africa warned after refusal to bar superyacht tied to Putin ally
Oct 26, 2022 (AFP)
The Nord -- a $500 million vessel linked to Russian billionaire Alexei Mordashov -- is reportedly en route to South Africa having left Hong Kong last week where...
Germany allows smaller Chinese stake in Hamburg port
Oct 26, 2022 (AFP)
Under the compromise reached by Scholz's cabinet, Chinese shipping giant Cosco will be allowed to buy a stake "below 25 percent" in a container terminal owned b...
Markets rise with Wall St on rate hope, healthy earnings
Oct 26, 2022 (AFP)
Hong Kong and Shanghai enjoyed a much-needed advance after China's central bank and forex officials pledged support for the country's equities, bonds and yuan, ...
Germany eyes allowing smaller Chinese stake in Hamburg port: govt source
Oct 25, 2022 (AFP)
Chinese shipping giant Cosco had sought a 35-percent stake and the deal would have automatically gone ahead despite opposition from several German ministries if...
Hong Kong, Shanghai fall again on China worries as other markets mixed
Oct 25, 2022 (AFP)
Optimism about upcoming corporate earnings was providing some support, with Wall Street chalking up another strong day ahead of reports this week from big-name ...
HSBC profits slide on bank impairment charges
Oct 25, 2022 (AFP)
The London-headquartered bank's share price was down nearly seven percent in early afternoon deals, making it the biggest faller on the British capital's FTSE 1...
Australian economy set to slow as global crises bite
Oct 25, 2022 (AFP)
Solid 3.25 percent growth this year is expected to slump to 1.5 percent in 2023-24 -- a full percentage point lower than previously predicted -- according to bu...
China economy grows, but Xi's new power spooks investors
Oct 24, 2022 (AFP)
Xi secured an expected third term as leader at a party Congress over the weekend, but surprised observers by stacking leadership positions with proteges and all...
EU warned Germany about Hamburg port Chinese investment
Oct 22, 2022 (AFP)
The source confirmed information in a report by the Handelsblatt daily that the EU executive had in spring given Berlin a thumbs-down to Chinese shipping giant ...
EU not looking for 'systematic confrontation' with China
Oct 21, 2022 (AFP)
"This discussion showed a very clear will to avoid being naive, but neither did we want to embark into a logic of systematic confrontation," summit host and EU ...
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