TRADE WARS

News About World Trade

7,447 articles

Asian markets fail to extend rally, focus turns to Europe
Jul 21, 2022 (AFP)
While data last week suggested US consumer resilience appeared to be holding up despite surging inflation and rising interest rates, a closely watched oil stock...
CIA chief says chaos-hit Sri Lanka made 'dumb bets' on China
Jul 20, 2022 (AFP)
"The Chinese have a lot of weight to throw around and they can make a very appealing case for their investments," Burns said at the Aspen Security Forum. But na...
Stock markets rally on tech bounce, earnings hope
Jul 20, 2022 (AFP)
Markets also reacted positively to a report saying China will fine ride-hailing giant Didi $1 billion but bring an end to its year-long probe, reinforcing optim...
Manolo Blahnik wins decades-long legal battle in China
Jul 19, 2022 (AFP)
The dispute started when a competitor started calling itself "Manolo & Blahnik" in 1999, a move approved by the Chinese authorities a year later. The British co...
Asian markets drop as Apple report fans economic worries
Jul 19, 2022 (AFP)
The drop across most markets in Asia also came as oil held a Monday surge caused by fading expectations that Joe Biden had convinced Saudi Arabia to pump more t...
Asian markets track Wall St higher on easing recession fears
Jul 18, 2022 (AFP)
Speculation that Saudi Arabia will lift oil production after Joe Biden's visit last week also provided some relief as crude prices -- a key driver of inflation ...
China banks vow to repay more customers after protests
Jul 18, 2022 (AFP)
China's rural banking sector has been hit hard by Beijing's efforts to rein in a property bubble and spiralling debt, in a financial crackdown that rattled the ...
China urges banks to back property after boycotts; China banks to repay more customers
Jul 18, 2022 (AFP)
Furious at postponed deliveries of pre-sold homes, unclear delivery times and halted construction, homebuyers were last week reported to have halted payments fo...
Luxury giant Richemont says sales up despite China dip
Jul 15, 2022 (AFP)
Global sales in the period April to June topped 5.2 billion euros (dollars), the group said in a statement, even as China rolled out fresh lockdowns in a bid to...
China growth falls to two-year low on Covid, property woes
Jul 15, 2022 (AFP)
Beijing has dug its heels in on a zero-Covid policy of stamping out virus clusters with snap lockdowns and long quarantines, but this has battered businesses an...
Asian stocks mixed as recession fears grow, China data disappoints
Jul 15, 2022 (AFP)
Below-par earnings from Wall Street titans JP Morgan and Morgan Stanley compounded worries that companies' bottom lines would be hit by the economic fallout fro...
Chinese homebuyers halt mortgage payments on unfinished projects
Jul 14, 2022 (AFP)
Authorities launched a crackdown on excessive debt in the property sector in 2020, and giants such as Evergrande and Sunac have since struggled to make payments...
Asian markets swing as US inflation spike leaves mixed feelings
Jul 14, 2022 (AFP)
The keenly awaited consumer price index came in at a blistering 9.1 percent in June, the highest since November 1981, as energy costs continued to rocket on the...
Asian markets swing as US inflation spikes see rate hike bets soar
Jul 14, 2022 (AFP)
The keenly awaited consumer price index came in at a blistering 9.1 percent in June, the highest since November 1981, as energy costs continued to rocket on the...
Asian stocks, crude bounce from losses but recession fears linger
Jul 13, 2022 (AFP)
The euro clawed its way back slightly after hitting parity with the dollar for the first time in two decades, though it remains under pressure from growing conc...
India accuses China's Oppo of evading $551 mn in import tax
Jul 13, 2022 (AFP)
India's Directorate Of Revenue Intelligence (DRI) found evidence that Oppo wrongfully used duty exemptions for items imported for use in mobile phone production...
China growth slumps on virus lockdowns, real estate woes: poll
Jul 13, 2022 (AFP)
Leaders of the world's second-biggest economy remain firmly wedded to a zero-Covid approach of stamping out clusters as they emerge, but the fallout has sapped ...
China exports jump on easing virus rules but imports slump
Jul 13, 2022 (AFP)
Business hub Shanghai reopened in June after being sealed off for two months to stamp out a coronavirus resurgence, helping to improve a backlog of goods. But C...
China to stop testing some imports for Covid
Jul 13, 2022 (AFP)
The last major economy committed to stamping out domestic spread of the virus, China has swabbed and disinfected overseas shipments since 2020 and has often bla...
China banks to repay some customers after mass protests
Jul 12, 2022 (AFP)
China's rural banking sector has been hit hard by Beijing's efforts to rein in a property bubble and spiralling debt, in a financial crackdown that has had ripp...
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