TRADE WARS - AFRICA DAILY

Asian markets on front foot as vaccine hopes get boost

Sep 14, 2020 (AFP)

But the reimposition of virus containment measures in several countries, worries about high valuations, Brexit tensions and uncertainty over the US presidential...

EU and China talk trade despite rifts

Sep 14, 2020 (AFP)

Chinese officials, EU chiefs Charles Michel and Ursula von der Leyen and German Chancellor Angela Merkel will hold a video-conference to replace a full summit w...

Amazon says will hire 100,000 new people across US, Canada

Sep 14, 2020 (AFP)

"Amazon will be hiring for 100,000 new, regular full- and part-time jobs in our operations network as we expand our footprint to better serve customers in commu...

EU and China to talk trade as tensions mount

Sep 12, 2020 (AFP)

The virtual meeting between top Chinese officials and EU Council President Charles Michel, European Commission chief Ursula von der Leyen and German Chancellor ...

EU pushes for tough curbs on cryptocurrencies

Sep 11, 2020 (AFP)

A joint statement by the finance ministers of Germany, France, Spain, Italy and the Netherlands insisted such projects should be carefully controlled and regula...

Asian markets rise after Wall St rebound but momentum wanes

Sep 10, 2020 (AFP)

The Nasdaq led a surge in New York as technology firms, who had suffered painful losses since the end of last week, staged a strong recovery led by giants inclu...

Equities tumble as Wall Street rout spreads and vaccine hopes hit

Sep 09, 2020 (AFP)

US traders returned from a long weekend to resume the selling that sent shudders through markets last week, as they fretted over the lofty valuations of many eq...

China inflation slows with food prices in August

Sep 09, 2020 (AFP)

The consumer price index (CPI) hit 2.4 percent, in line with forecasts and below the previous month's reading, as pork saw its slowest increase in a year, while...

EU-China video call to replace mega summit

Sep 09, 2020 (AFP)

The summit was meant to be one of the landmark events of Germany's six-month presidency of the EU, with the bloc's 27 leaders set to meet their Chinese counterp...

Asian markets edge back after rout, pound struggles

Sep 08, 2020 (AFP)

With New York closed for a public holiday, dealers took a positive lead from Europe and took the opportunity to pick up cheaper stocks. Despite continued uncert...

China exports beat forecasts in August, imports falter

Sep 07, 2020 (AFP)

Overseas shipments have been hit less than feared by the pandemic, thanks to global demand for medical supplies but economists cautioned that a resurgence in ne...

'Made in Hong Kong' brand suffers as US-China tensions deepen

Sep 07, 2020 (AFP)

Founded nearly a century ago, the family-owned factory has survived a world war, multiple economic crises and the slow withering of Hong Kong's manufacturing ba...

Indecision killing 'Chinese colony' Italy: Salvini

Sep 06, 2020 (AFP)

For the past year, "everything is blocked, they argue over everything," whether it be Alitalia's fate or pension reform, Salvini told The European House-Ambrose...

Asian stocks plunge with Wall St as tech surge halted

Sep 04, 2020 (AFP)

All three main indexes in New York suffered hefty selling but the tech-heavy Nasdaq led the way with global titans such as Apple, Microsoft, Amazon and Facebook...

France puts jobs at heart of economy rescue plan

Sep 03, 2020 (AFP)

Prime Minister Jean Castex promised 160,000 new jobs in 2021 as part of a recovery plan worth 100 billion euros ($120 billion), designed to help growth and empl...

China stokes tensions with fresh probe into Australian wine

Aug 31, 2020 (AFP)

Tensions have been ramped up between the countries in recent months after Australian Prime Minister Scott Morrison joined US calls for an independent inquiry in...

Asian markets reverse morning rally, Buffett boosts Tokyo

Aug 31, 2020 (AFP)

Profit-taking kicked in after last week's Federal Reserve-induced surge. The US central bank's pledge of trillions of dollars in support to keep financial marke...

China factory activity slows in August as flooding hits business

Aug 31, 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...

Chinese minister says EU investment deal is close

Aug 30, 2020 (AFP)

His remark came against a backdrop of persistent diplomatic tension between Beijing and the United States. Wang said Europe and China had a responsibility to wo...

Asian markets hurt by fresh tensions, eyes on Powell speech

Aug 27, 2020 (AFP)

Even a fourth successive record on Wall Street was not enough to stoke a rally, with a fresh flare-up in virus cases in the region keeping dealers grounded. The...