TRADE WARS - AFRICA DAILY

Germany mulls law to fight labour abuses abroad

Sep 30, 2020 (AFP)

Under a new law proposed by the labour and development ministries, companies above a certain size will have to meet social and environmental rules all along the...

China manufacturing data shows small rebound in September

Sep 30, 2020 (AFP)

The closely watched Purchasing Managers' Index (PMI) is a key gauge of manufacturing activity in the world's second-largest economy, which has largely bounced b...

Stock markets mostly down after chaotic Trump-Biden debate

Sep 30, 2020 (AFP)

Another round of healthy Chinese data also lifted optimism, but the ever-present gloom of rising virus infections and deaths continues to dampen the mood on tra...

Asian markets tumble again as virus, stimulus, election fan fears

Sep 24, 2020 (AFP)

Months of mind-boggling gains in global equities have come to a juddering halt this month, and expectations are fading that a wall of cash from governments and ...

Luxury Geneva hotels face 'life-threatening' corona crunch

Sep 23, 2020 (AFP)

Now, after a "catastrophic" summer, other luxury lodgings in the Swiss city -- which boasts the highest hotel density in the world -- are struggling to avoid th...

Asia markets struggle again as virus trumps Wall St bounce

Sep 23, 2020 (AFP)

After a global rally since March's nadir, a gloom has descended on equities this month, with uncertainty leading into November's presidential election and ongoi...

Asian markets track US, Europe rout as restrictions return

Sep 22, 2020 (AFP)

Dimming hopes for a new US stimulus added to the downbeat mood with Capitol Hill hostilities stoked by the death of US Supreme Court Justice Ruth Bader Ginsburg...

Germany revives hopes for EU-Mercosur deal

Sep 21, 2020 (AFP)

Even without reopening the text of the agreement, "there are some issues that we have to clarify, that we can clarify", Altmaier said, after a meeting of EU tra...

Asian markets weighed by virus spikes and stimulus gridlock

Sep 21, 2020 (AFP)

After months of big gains around the world, fuelled by government stimulus and central bank largesse, equities are beginning to wobble, with analysts warning tr...

HSBC shares hit 25-year low on report of China 'unreliable list'

Sep 21, 2020 (AFP)

The troubled lender tanked more than four percent to HK$29.60 at one point -- a level not seen since mid-1995 -- as investors fret over its ability to continue ...

India to loan virus-hit Maldives $250m

Sep 20, 2020 (AFP)

The Indian Ocean archipelago, renowned for its luxury resorts, has been badly hit by the pandemic, with foreign tourists failing to flock back in large numbers ...

China launches sanctions regime after US moves on TikTok, WeChat

Sep 19, 2020 (AFP)

China's long-expected "unreliable entities list" is seen as a weapon for Beijing to retaliate against the United States, which has used its own "entity list" to...

Canada abandons free trade talks with China: minister

Sep 18, 2020 (AFP)

Talks had stalled more than a year ago. The decision to quit negotiations aimed at Canada becoming the first G7 nation to sign a free trade pact with the world'...

Asian markets drift as rally stalls, stimulus row dents optimism

Sep 18, 2020 (AFP)

With coronavirus showing no sign of easing as fresh spikes around the world see the reimposition of containment measures including lockdowns, traders are growin...

Pompeo pitches US business over China in Suriname, Guyana

Sep 18, 2020 (AFP)

Pompeo became the first US secretary of state to visit the two small South American nations, long rich in lumber and minerals but where the discovery of oil has...

Asia stocks slip as Fed warns of 'uncertain' outlook

Sep 17, 2020 (AFP)

While the central bank indicated interest rates were unlikely to begin rising for another three years, allowing businesses to borrow at ultra-low levels, Jerome...

WTO faults US over Trump's China tariffs

Sep 16, 2020 (AFP)

The Geneva-based body has been caught in the middle of trade tensions between the United States and China, and has faced relentless attacks from President Donal...

Asian markets edge higher with eyes on Fed policy meeting

Sep 16, 2020 (AFP)

Markets have enjoyed something of a respite from the roller-coaster ride seen earlier in the month, which saw a rout of previously surging technology firms, as ...

Asian markets track Wall St rally but more volatility expected

Sep 15, 2020 (AFP)

After their first two successive weekly losses since March, markets were enjoying a broadly positive start to this one as traders eyed progress in drug trials, ...

China retail sales return to growth, economic recovery continues

Sep 15, 2020 (AFP)

Spending had previously remained sluggish despite China bringing the virus largely under control, with shoppers still cautious owing to global uncertainty -- bu...