TRADE WARS

News About World Trade

7,447 articles

Alibaba, JD enjoy record Singles Day despite tech crackdown
Nov 12, 2021 (AFP)
The firm said 540.3 billion yuan ($84.5 billion) was spent as China's army of consumers went on a splurge, despite a much lower-key sales campaign following pre...
Asian markets fluctuate as inflation remains in focus
Nov 11, 2021 (AFP)
US investors ran for cover and the dollar soared after a forecast-beating read on the consumer price index, which hit a 31-year high last month, putting fresh p...
Evergrande makes overdue interest payments: report
Nov 11, 2021 (AFP)
Evergrande shares bounced up in Hong Kong morning trade and were around seven percent up by mid-afternoon. All eyes had been on the heavily indebted company as ...
China's 'Single's Day' shopping fest subdued by tech crackdown
Nov 10, 2021 (AFP)
The world's biggest shopping festival has for years been accompanied by aggressive promotions and breathless hourly updates by Alibaba from midnight onwards det...
China factory-gate inflation hits record again
Nov 10, 2021 (AFP)
Factory inflation in the world's second-biggest economy has been rising for four straight months. In September, it made the biggest jump in more than two decade...
Cash-strapped Evergrande raises $144m before payment deadline
Nov 09, 2021 (AFP)
Evergrande sold a 5.7 percent stake totalling HK$1.12 billion ($144m) in HengTen Networks Group in three separate transactions from last Thursday, Hong Kong sto...
US Fed flags potential risk from China's Evergrande
Nov 08, 2021 (AFP)
Noting the concerns about high debt levels and inflated real estate values causing regulators in Beijing to take action, the central bank's latest Financial Sta...
Asian markets mixed as inflation plays against recovery optimism
Nov 08, 2021 (AFP)
Wall Street's three main indexes clocked up records last week after figures showed more than half a million new US jobs were created last month, with hiring reb...
Climate on track to devastate world's poorest economies: study
Nov 08, 2021 (AFP)
Even if global temperature rises are capped at 1.5C, in keeping with the most ambitious Paris Agreement goal, the same countries would take a GDP hit of 13 perc...
Out of the shadow, Egypt money-pooling apps thrive
Nov 07, 2021 (AFP)
Navigating an app with strangers is "easier and safer" than the traditional face-to-face practice, said one user, Menna Shaarawi, 31. "I receive the money in my...
Chinese exports solid in October as Covid eases overseas
Nov 07, 2021 (AFP)
The data from the world's second-largest economy also suggested that Chinese factories had kept the goods flowing out despite power outages in recent months cau...
Myanmar jade traders squeezed between junta and rebels
Nov 05, 2021 (AFP)
The Southeast Asian country has been mired in chaos since the February putsch, with the military trying to crush widespread democracy protests and the economy i...
Asian markets rally as Fed unveils taper plan, says patient on rates
Nov 04, 2021 (AFP)
The announcement brought to an end months of speculation about the bank's plan for the bond-buying programme, and removed some unease among traders who were con...
Developer Evergrande says 57,400 properties handed to buyers
Nov 03, 2021 (AFP)
As one of China's biggest property developers, fears around Evergrande's debt mountain have battered investor sentiment and shaken the country's mammoth real es...
Asian markets mixed ahead of Fed as China concerns weigh
Nov 03, 2021 (AFP)
A third straight day of records for Wall Street's three main indexes and a first all-time high for 21 years in Paris -- fanned by strong earnings -- were unable...
Most markets rise in Asia, with central bank meetings in focus
Nov 02, 2021 (AFP)
Another record close on Wall Street provided a fruitful lead thanks to a strong earnings season that has seen the vast majority of companies beat expectations d...
Tokyo leads gains in most Asian markets but China data hits Hong Kong
Nov 01, 2021 (AFP)
News that inflation had hit a 30-year high in the United States and a 13-year peak in the eurozone added to long-running concerns that price rises are in danger...
HNA's $170 bn restructuring approved by Chinese court
Nov 01, 2021 (AFP)
The group -- China's largest private aviation conglomerate and owner of one of the country's biggest carriers Hainan Airlines -- filed for bankruptcy in January...
Tokyo leads most Asian markets up but China data hits Hong Kong
Nov 01, 2021 (AFP)
News that inflation had hit a 30-year high in the United States and a 13-year peak in the eurozone added to long-running concerns that price rises are in danger...
China factory activity slumps further on energy woes
Oct 31, 2021 (AFP)
The key Purchasing Managers' Index (PMI) -- a gauge of manufacturing activity in the world's second-largest economy -- fell to 49.2 this month, down from 49.6 i...
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