TRADE WARS

News About World Trade

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Asian markets tumble on Wall street rout, pound slumps
May 06, 2022 (AFP)
Global markets have been battered this year by a series of crises including surging inflation, rising interest rates, China's economic slowdown and the war in U...
China troubles mar Adidas's first-quarter result
May 06, 2022 (AFP)
The group's net profit from its continuing operations fell to 310 million euros ($326 million), from 502 million euros in the same quarter last year. The fall c...
Asian markets rise as Fed eases fears over huge rate hike
May 05, 2022 (AFP)
US central bank officials announced an expected half-point lift in borrowing costs -- the biggest since 2000 -- as part of its battle to rein in inflation, whil...
China's Covid rules batter business confidence: EU Chamber
May 05, 2022 (AFP)
Beijing remains wedded to its strategy of stamping out coronavirus clusters with lockdowns and mass testing, even as the fast-spreading Omicron variant makes th...
Asian markets drift ahead of key Fed rate decision
May 04, 2022 (AFP)
With inflation showing little sign of easing from its 40-year highs, the US central bank has set itself on a hawkish course of tightening this year, sending shi...
Asian markets drop ahead of key Fed rate decision
May 04, 2022 (AFP)
With inflation showing little sign of easing from its 40-year highs, the US central bank has set itself on a hawkish course of tightening this year, sending shi...
Asian markets drop as traders brace for Fed hike
May 03, 2022 (AFP)
Surging prices, moves to tighten monetary policy, China's Covid lockdowns, the Ukraine war and a stronger dollar have come together in recent weeks to cause a m...
Most Asian markets drop as traders brace for Fed hike
May 03, 2022 (AFP)
Surging prices, moves to tighten monetary policy, China's Covid lockdowns, the Ukraine war and a stronger dollar have come together in recent weeks to cause a m...
Starbucks profits edge higher despite China weakness
May 03, 2022 (AFP)
The coffee giant scored a 12 percent jump in comparable sales in North America, while suffering a 23 percent slide in China amid that country's latest Covid-19 ...
US reviewing tariffs on Chinese goods set to end in July
May 03, 2022 (AFP)
With Americans facing the highest inflation in more than four decades and companies struggling to find key supplies, President Joe Biden has faced increasing ca...
Hong Kong Q1 GDP down 4% after deadly Omicron surge
May 03, 2022 (AFP)
Gross domestic product for the first quarter of 2022 contracted by four percent from a year earlier, according to advance government figures released on Tuesday...
India seizes $725m from China's Xiaomi over 'illegal' remittances
May 01, 2022 (AFP)
India's financial crime investigations agency began investigating the company in February and said it seized the money from the firm's local arm after discoveri...
China factory activity dips to lowest in two years: official data
Apr 30, 2022 (AFP)
The official Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, clocked 47.4 in April -- below the 50-point mark separating growth from co...
Chinese tech shares surge on signs of state support
Apr 29, 2022 (AFP)
Beijing has embarked on a sweeping clampdown over the past year that has clipped the wings of its biggest internet firms. But in a meeting of the government's d...
Most Asian markets track Wall St rally but tech struggles
Apr 29, 2022 (AFP)
Technology firms were weighed by Apple and Amazon's surprisingly downbeat earnings and warnings about the outlook, while oil dipped but held most of Thursday's ...
Asian markets enjoy respite from heavy selling pressure
Apr 28, 2022 (AFP)
However, traders remain on high alert on a range of crises from the Ukraine war, surging inflation, central bank monetary tightening and Chinese Covid lockdowns...
London Metal Exchange boss stays amid nickel turmoil
Apr 27, 2022 (AFP)
"Matthew Chamberlain, CEO of the London Metal Exchange (LME) and group head of commodities, is to remain in his post," LME owner, Hong Kong Exchanges and Cleari...
Hong Kong exchange profits plunge amid IPO drought, virus woes
Apr 27, 2022 (AFP)
Hong Kong Exchanges and Clearing (HKEX) announced a net income of HK$2.67 billion ($340 million) for the three months ended March -- 31 percent down on-year -- ...
Asian markets sink as traders fret over global outlook
Apr 27, 2022 (AFP)
The downbeat mood across the world has been compounded by weak earnings from some of the world's biggest companies, while pledges of support from Beijing have l...
China's Xi urges 'all-out' infrastructure push to boost growth
Apr 27, 2022 (AFP)
Despite struggling to defeat the country's worst outbreak in two years, the leadership is digging in its heels with a hard zero-Covid policy that involves lockd...
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