TRADE WARS

News About World Trade

7,447 articles

China factory activity shrinks at slower pace in May
May 31, 2022 (AFP)
The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing activity -- edged up to 49.6, officials said, from April's 47.4, which was the worst readin...
Markets mixed as inflation, rate worries temper rally
May 31, 2022 (AFP)
But optimism was boosted by data indicating an improvement in China's crucial manufacturing sector, helped by the easing of some strict Covid containment measur...
Asian markets extend Wall St rally as China eases curbs
May 30, 2022 (AFP)
The gains extended a positive end to last week for global equities with some commentators saying there was a growing hope that the months-long sell-off may have...
Asian markets track Wall St higher, tech leads Hong Kong rally
May 27, 2022 (AFP)
The positive mood put the region on course to end the week on a healthy note, and came after Federal Reserve minutes indicated the US central bank could take a ...
US extending tariff exemptions on medical products from China
May 27, 2022 (AFP)
The exclusions from import duties, which were set to expire Tuesday, "cover 81 medical-care products needed to address the Covid-19 pandemic," USTR said. The ex...
Germany denies China investment guarantees over rights concerns
May 27, 2022 (AFP)
The decision was the "first time an investment guarantee has not been given on human rights grounds", the minister told Welt am Sonntag weekly. Habeck did not n...
Asian markets track Wall St higher, tech fuels Hong Kong rally
May 27, 2022 (AFP)
The positive mood put the region on course to end the week on a healthy note, and came after Federal Reserve minutes indicated the US central bank could take a ...
Hungary windfall tax to hit mainly banking, energy sectors
May 26, 2022 (AFP)
The government is looking to levy revenue of 300 billion forints (760 million euros, $820 million) each from both the banking and energy sectors, Economic Devel...
Covid tests, no snow and no Russians: A strange Davos
May 26, 2022 (AFP)
There was no snow, no Russians and fewer Chinese delegates -- but plenty of rain and Ukrainians. The World Economic Forum is typically held in January under a b...
Asian markets mostly down as Li remarks overshadow Fed minutes
May 26, 2022 (AFP)
Li's comments dealt a blow to confidence from the start and overshadowed a positive lead from Wall Street fuelled by minutes indicating a less hawkish stand fro...
China premier issues warning on Covid-hit economy
May 26, 2022 (AFP)
China is the last major economy welded to a policy of mass testing and hard lockdowns to eliminate virus clusters, but the strict curbs have battered businesses...
Australia urges China to drop trade tariffs
May 25, 2022 (AFP)
China -- Australia's biggest trading partner -- imposed tariffs and disrupted more than a dozen key industries, including wine, barley and coal, as relations de...
Stock markets mixed as traders weigh dark outlook
May 25, 2022 (AFP)
A series of weak indicators around the world and downbeat forecasts from big firms have chilled trading floors in recent weeks as the surge in prices begins to ...
Hungary to levy windfall tax on businesses
May 25, 2022 (AFP)
The announcement, which Orban made in a Facebook video, comes a day after he imposed a state of emergency, citing the challenges posed by the war in neighbourin...
China offers bonds, tax breaks as new medicine for ailing economy
May 24, 2022 (AFP)
China is the last major economy bolted to a zero-Covid strategy of mass testing and tough lockdowns to stamp out infections. Movement curbs have hit dozens of c...
Didi shareholders vote to delist from New York stock exchange
May 23, 2022 (AFP)
Didi, once known as China's answer to Uber, got into hot water after ploughing ahead with an initial public offering in the United States in June 2021, reported...
Asian markets up after China cuts key interest rate
May 20, 2022 (AFP)
Downcast earning reports from retailers this week have heightened uncertainty in the world markets at a time of rising interest rates, surging energy prices, Ch...
Biden opens SKorea trip at Samsung plant as NKorea nuclear fears mount
May 20, 2022 (AFP)
His first stop on Friday was a massive Samsung semiconductor factory, where he received a warm welcome from South Korea's new President Yoon Suk-yeol, with glob...
Casino mogul Wynn sued for acting as agent for China
May 18, 2022 (AFP)
Wynn, the founder and former chief executive of Wynn Resorts, acted on behalf of Beijing in 2017 when he met with president Donald Trump and senior administrati...
Tencent revenue stagnates with China crackdowns and lockdowns
May 18, 2022 (AFP)
Revenue for the Shenzhen-based firm came in at 135.5 billion yuan ($20.1 billion) in the first quarter, putting year-on-year growth at nearly zero. Revenue grow...
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