TRADE WARS - AFRICA DAILY

Asian markets mixed as inflation spectre hangs

Mar 23, 2021 (AFP)

While Wall Street provided a positive lead with all three main indexes posting healthy gains, there is a reluctance on trading floors to push a year-long rally ...

Sri Lanka secures $1.5 billion Chinese loan

Mar 23, 2021 (AFP)

Colombo had been negotiating for months to secure credit from China -- its largest single source of imports -- as the island's foreign reserves plummet amid the...

Biden's trade representative talks China with Japanese officials

Mar 23, 2021 (AFP)

Tai, who was confirmed as Biden's trade negotiator last week, "shared concerns about unfair trading practices from non-market economies, such as China," accordi...

China bristles at West over sanctions for Uyghur crackdown

Mar 23, 2021 (AFP)

Rights groups believe at least one million Uyghurs and other mostly Muslim minorities have been incarcerated in camps in the northwestern region, where China is...

First tweet fetches $2.9 mn at auction

Mar 22, 2021 (AFP)

"Jack accepted the offer from sinaEstavi for $2,915,835.47," read a tweet from the Valuables by Cent auction platform. "This tweet is now minted on the blockcha...

Tough talk at first face-to-face US, China meeting in Biden era

Mar 19, 2021 (AFP)

China's actions "threaten the rules-based order that maintains global stability," US Secretary of State Antony Blinken said at the opening of the two-day meetin...

China top diplomat says US talks 'helpful' but differences remain: Xinhua

Mar 19, 2021 (AFP)

The two days of talks between the world's top two economies, held in Alaska on Thursday and Friday, began in acrimony, with both delegations launching broadside...

Asian markets rally on Fed growth, rate outlook

Mar 18, 2021 (AFP)

With growth already expected to burst higher this year, huge stimulus spending kicking in and vaccines being rolled out, investors have in recent weeks grown wo...

Gig economy: Free ride is over as workers strike back

Mar 17, 2021 (AFP)

With the plight of workers in the gig economy coming under greater scrutiny, we look at how the tide may be turning. - Uber's UK U-turn - Late Tuesday Uber says...

US aims to set agenda at Alaska talks with China: officials

Mar 17, 2021 (AFP)

Secretary of State Antony Blinken and White House national security adviser Jake Sullivan are set for talks with senior Chinese official Yang Jiechi and Foreign...

US expands list of Chinese officials stifling Hong Kong's freedoms

Mar 17, 2021 (AFP)

The decision came shortly before talks were set to begin between senior US and Chinese officials in Alaska -- the first such meeting since President Joe Biden t...

Asia stocks track US rally as recovery hopes trump inflation fear

Mar 16, 2021 (AFP)

News that several European countries had stopped administering the AstraZeneca vaccine on safety fears, dealing a blow to the continent's already stuttering ino...

UK looks to Asia in post-Brexit foreign policy overhaul

Mar 16, 2021 (AFP)

The conclusions of the government's so-called Integrated Review, crafted over the past year as London recalibrates its post-Brexit foreign policy, include label...

China industrial output, retail sales surge in pandemic rebound

Mar 15, 2021 (AFP)

Industrial production spiked a forecast-busting 35.1 percent on-year, the biggest bounce in decades, while retail sales also beat expectations with 33.8 percent...

Most Asia markets track Wall St record as Biden signs stimulus

Mar 12, 2021 (AFP)

Less than two months after taking office, the new president on Thursday put his name to the $1.9 trillion rescue plan that paves the way for a spending splurge ...

Australia's Cormann voted OECD head to dismay of green groups

Mar 12, 2021 (AFP)

The 50-year-old Belgian-born politician was chosen "by a slim majority" during a meeting of ambassadors to the OECD, which acts as a think-tank and club of demo...

Asia markets track Wall St record as inflation fears ease

Mar 11, 2021 (AFP)

Investors were given a positive lead from Wall Street, where the Dow ended at a new record, helped by news that Joe Biden's stimulus had cleared its last hurdle...

China's Baidu plans $3.6 billion Hong Kong listing

Mar 11, 2021 (AFP)

Nasdaq-listed Baidu, which said in a filing that it plans to sell 95 million shares for as much as HK$295 ($38.01) per share, is set to become the latest Chines...

China factory prices rise as industries recover from pandemic

Mar 10, 2021 (AFP)

The producer price index (PPI), which measures the cost of goods at the factory gate, rose 1.7 percent last month according to data from the National Bureau of ...

Asian markets up but inflation fears keep traders in check

Mar 10, 2021 (AFP)

With Joe Biden's $1.9 trillion handout-rich stimulus on the cusp of being passed, focus on trading floors for weeks has been on the impact of an expected spendi...