TRADE WARS

News About World Trade

7,447 articles

Uniqlo operator lifts profit outlook despite China lockdowns
Apr 14, 2022 (AFP)
China is a key market for Uniqlo, but consumer spending has been hampered by tough lockdowns imposed on cities like Shanghai under the country's zero-Covid poli...
China's imports fall as Covid outbreaks, lockdowns hit demand
Apr 13, 2022 (AFP)
The world's second-largest economy has stuck to a strict zero-Covid strategy as it tries to contain outbreaks fuelled by the Omicron variant in recent months. T...
Asian stocks shrug off red-hot US inflation
Apr 13, 2022 (AFP)
The US consumer price index surged 8.5 percent in March compared with a year ago, the biggest jump since December 1981. The CPI climbed 1.2 percent over Februar...
Bankrupt Sri Lanka begs diaspora to send cash
Apr 13, 2022 (AFP)
The island nation is in the grip of its worst economic crisis since independence in 1948, with severe shortages of essential goods and regular blackouts causing...
US Treasury Secretary wants to 'modernize' global financial organizations
Apr 13, 2022 (AFP)
"We will... need to modernize our existing institutions -- the IMF and the multilateral development banks -- so that they are fit for the 21st century, where ch...
Bankrupt Sri Lanka asks citizens abroad to send home cash
Apr 13, 2022 (AFP)
The island nation is in the grip of its worst economic crisis since independence in 1948, with severe shortages of essential goods and regular blackouts causing...
US Treasury Secretary warns China over its stance on Russia
Apr 13, 2022 (AFP)
Washington and its allies in Europe and elsewhere have responded with fury to Moscow's attack on Ukraine, sanctioning Russia's financial system, aviation sector...
Crisis-hit Sri Lanka defaults on foreign debt
Apr 12, 2022 (AFP)
Acute food and fuel shortages, as well as long daily electricity blackouts, have brought widespread suffering to the country's 22 million people in the most pai...
Markets mostly down ahead of key US data
Apr 12, 2022 (AFP)
Tokyo closed down by nearly two percent, though Hong Kong was up more than one percent by the end of trade. Shanghai also posted gains, while Seoul, Taipei, Syd...
China factory inflation higher than expected as oil prices bite
Apr 11, 2022 (AFP)
The producer price index (PPI) -- measuring the cost of goods at the factory gate -- grew 8.3 percent on-year, National Bureau of Statistics (NBS) figures showe...
Oil market sinks on China demand fears
Apr 11, 2022 (AFP)
In afternoon deals, US benchmark oil West Texas Intermediate dived as low as $92.93 per barrel and European Brent hit $97.57. "It is above all the bad news from...
EU seeks unity amid calls for fresh sanctions on Russia
Apr 11, 2022 (AFP)
"Nothing is off the table, including sanctions on oil and gas," Josep Borrell, the European Union's top diplomat, told reporters after the meeting. "But today, ...
Asian markets track Wall St gains, traders wary of hawkish Fed
Apr 08, 2022 (AFP)
After a slow start, the region managed to take the lead from Wall Street, which recovered from steep intra-day losses to end on a positive note, having plunged ...
Shanghai lockdown snarls world's busiest port and China supply chains
Apr 08, 2022 (AFP)
Beijing has refused to tack away from its strict zero-Covid strategy that has protected its public health system through the pandemic but at a mounting economic...
Asian markets struggle to track Wall St on hawkish Fed
Apr 08, 2022 (AFP)
The region struggled to take a lead from Wall Street, which recovered from steep intraday losses to end on a positive note, having plunged in previous sessions ...
Asia tracks Wall St losses as Fed prepares to tighten screws
Apr 07, 2022 (AFP)
The eagerly awaited summary dealt another blow to traders, who have grown increasingly concerned that officials will not be able to rein in 40-year-high inflati...
G7 countries agree new economic sanctions against Russia
Apr 07, 2022 (AFP)
G7 leaders agreed to ban "new investments in key sectors of the Russian economy, including the energy sector", they said in a statement. Bans on the export of c...
Asian markets track Wall St down with Fed set to tighten screws
Apr 07, 2022 (AFP)
The eagerly awaited summary dealt another blow to traders, who have grown increasingly concerned that officials will not be able to rein in 40-year-high inflati...
Asian markets track Wall St retreat on hawkish Fed bets
Apr 06, 2022 (AFP)
While the Ukraine war continues to cast a shadow across trading floors, Fed monetary policy is at the top of the agenda this week as investors fret over how qui...
Germany warns against over-reliance on China trade
Apr 06, 2022 (AFP)
"My concern is that... we have a strong economic inter-connectedness with China," Lindner said in an interview with Die Zeit weekly. "We need to diversify inter...
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