TRADE WARS - AFRICA DAILY

Workers protest at Italy steel mill facing closure

Sep 26, 2012 (AFP)

Workers staged a new protest Wednesday against the proposed shuttering of the ILVA steel mill in southern Italy, which has been accused of generating massive po...

NY Times sells stake in jobs website for $100 mn

Sep 25, 2012 (AFP)

The New York Times Co. said Tuesday it would sell its stake in the jobs-listing website Indeed.com, and record a gain of $100 million. The media group said in a...

Japan business chiefs scrub China visit: official

Sep 24, 2012 (AFP)

A group of Japanese business leaders that has met top Chinese politicians regularly over 37 years will cancel this year's trip, an official said Monday, amid a ...

Nicaragua, a Taiwan friend, warms to China investment

Sep 23, 2012 (AFP)

Nicaragua's leftist government, which has diplomatic relations with Taiwan, is seeking to lure investments from China -- in part to offset a possible loss of su...

China-Canada should move toward FTA: ambassador

Sep 22, 2012 (AFP)

China's ambassador to Canada said in an interview published Saturday that the two countries should move speedily to sign a free-trade agreement if bilateral bus...

China tightening customs inspections from Japan: firms

Sep 21, 2012 (AFP)

China is ramping up customs inspections for Japanese products at its ports, firms said on Friday, as a diplomatic row over disputed islands appeared to spill ov...

S. America mulls effect of China slowdown

Sep 21, 2012 (UPI)

China's slowing growth is causing concern in Latin America but the outlook remains stable, new analytical data indicated. SinoLatin Capital equity fund said a w...

Commodity prices mixed on stimulus action, China demand

Sep 21, 2012 (AFP)

Commodity prices were mixed this week following volatile trading as dealers weighed the effects of new US stimulus measures against fears over weaker Chinese de...

'Corrupt' state boss is richest Malaysian: group

Sep 21, 2012 (AFP)

The powerful boss of one of Malaysia's poorest states has used graft and abuse of power to amass a staggering $15 billion fortune -- making him the country's ri...

Mozambique gets Chinese-funded sea-bridge

Sep 20, 2012 (AFP)

Mozambique on Thursday kicked off construction of a $980-million-dollar Chinese-funded suspension bridge across Maputo Bay as President Armando Guebuza laid the...

Japan logs trade deficit of $9.6bn in August

Sep 20, 2012 (AFP)

Japan posted its second straight monthly trade deficit in August as exports fell in a sign that slowing overseas growth continues to weigh on the world's third ...

Taiwan's export orders from China rise

Sep 20, 2012 (AFP)

Taiwan said Thursday export orders from China in August rose for the first time in five months, even as most of the trade-dependent island's other markets remai...

Philippine gold miner may lose $60 mn due to leaks

Sep 20, 2012 (AFP)

The operator of the Philippines' largest gold mine said the site is set to remain shut until the end of the year due to waste leaks, and the closure would likel...

Deadly South Africa miners' strike ends

Sep 19, 2012 (UPI)

A wage deal involving striking miners in South Africa is expected to end a shutdown of the country's gold and platinum fields, a work action in which 45 people ...

Hong Kong cracks down on parallel Chinese traders

Sep 19, 2012 (AFP)

Hong Kong has launched a crackdown on the thousands of mainland Chinese who travel across the border every day to buy products to resell at a profit in China, o...

China's Wen to meet EU amid debt crisis, trade row

Sep 19, 2012 (AFP)

Chinese Premier Wen Jiabao meets Europe's leaders Thursday as the world's second-biggest economy falters in the eurozone debt crisis downdraft and the two sides...

Taiwan boosts airport amid China tourism boom

Sep 19, 2012 (AFP)

Taiwan, which is seeing a boom in tourism from China, will spend Tw$463 billion ($15.4 billion) on a new terminal and other facilities at its main airport, the ...

Australia cuts mining forecasts on China drop

Sep 18, 2012 (AFP)

Australia's resources agency slashed its mining export forecasts Tuesday as China's slowdown hits commodity prices, with earnings set to fall for the first time...

Mercosur muddle over Paraguay deepening

Sep 18, 2012 (UPI)

Mercosur divisions are growing as landlocked Paraguay accuses fellow founder members Argentina, Brazil and Uruguay of undermining its small resource-dependent e...

Philippines predicts $15 bln from call centres by 2016

Sep 18, 2012 (AFP)

The Philippines expects to boost its revenues from call centres to nearly $15 billion by 2016, sustaining its three-year lead over rival India, industry leaders...