TRADE WARS

News About World Trade

7,281 articles

China foreign minister calls to 'stabilise relations' with US
May 08, 2023 (AFP)
Qin's discussions with Nicholas Burns in Beijing are one of the highest level meetings between the two countries since Washington shot down an alleged Chinese s...
Markets rise after strong US jobs, rebound in banks
May 08, 2023 (AFP)
But investors remain wary of any further upheaval in the US financial system following last week's turmoil that saw the sale of the embattled First Republic Ban...
Nicaraguan paradise draws Americans, Europeans despite political strife
May 06, 2023 (AFP)
San Juan del Sur, on the Pacific coast 140 kilometers (85 miles) south of Managua on the border with Costa Rica, is an ideal place to retire or set up a busines...
HSBC faces shareholder vote on splitting bank
May 05, 2023 (AFP)
Asia-focused HSBC has urged shareholders to vote down the proposal at its annual general meeting in Birmingham, central England. The vote comes at the end of a ...
Chinese fast fashion giant Shein denies low prices due to forced labour
May 05, 2023 (AFP)
Founded in China in 2008, Shein has swiftly claimed a top place in the global fast-fashion marketplace, offering young social-media-savvy customers low-priced c...
Asian stocks mixed after slide on Wall Street
May 05, 2023 (AFP)
All three major US indices ended the day in the red, while regional bank shares nosedived following another quarter-point hike from the US Federal Reserve. PacW...
HSBC defeats proposal to spin off bank's Asia ops
May 05, 2023 (AFP)
Of the shareholders who voted, more than 80 percent opposed the call to break up the Asia-focused bank, HSBC said in a statement. The vote took place during HSB...
Hong Kong rises as Europe, US attempt rebounds
May 05, 2023 (AFP)
US equities futures were trading in the green a day after all three major US indices finished sharply down thanks to banking sector turmoil and another quarter-...
Taking the high road: India infrastructure drive counters China
May 04, 2023 (AFP)
It is in the far northeastern Indian state of Arunachal Pradesh, almost all of which Beijing insists falls under its sovereignty as "South Tibet". The Asian gia...
Asian markets rise after shrugging off US rate hike
May 04, 2023 (AFP)
All three major US indices declined along with the dollar after the Fed's hike, while recession worries drove US oil prices below $70 a barrel, where they remai...
Biden administration warns China hopes for US debt 'chaos'
May 04, 2023 (AFP)
"They love to see chaos in the American system," senior White House economics official Shalanda Young told reporters. "They love to see that we can't do our bas...
US pick Ajay Banga confirmed as new World Bank president
May 03, 2023 (AFP)
"The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process," the development lender wrote in a statement published shortly aft...
European stocks rise, bucking slides in Asia, US
May 03, 2023 (AFP)
London, Frankfurt and Paris were all enjoying modest gains as cautious investors awaited an anticipated US Federal Reserve interest rate hike later in the day, ...
HSBC profit rockets on rising interest rates
May 02, 2023 (AFP)
Profit after tax almost quadrupled to $10.3 billion in the three months to March from a year earlier, UK-headquartered HSBC said, while also pouring cold water ...
Hong Kong reports Q1 GDP growth after 2022 contraction
May 02, 2023 (AFP)
Chief Executive John Lee said the city's quarterly gross domestic product had grown 2.7 percent on-year, reversing contractions in the previous four quarters, i...
HSBC pre-tax profits jump to $12.9 billion in first quarter
May 02, 2023 (AFP)
The London-headquartered bank's first-quarter profits represented a $9 billion jump from the same period last year. The strong performance enabled HSBC to annou...
Biden, Marcos discuss securing tense South China Sea
May 01, 2023 (AFP)
Marcos is on a four-day trip that follows last week's state visit to Washington by South Korean President Yoon Suk Yeol and a White House meeting in January bet...
China factory activity cools in April as recovery challenges loom
Apr 30, 2023 (AFP)
The official manufacturing purchasing managers' index (PMI) -- a key gauge of Chinese factory output -- fell unexpectedly to 49.2 in April from 51.9 in March, a...
Asian stocks rise on renewed confidence, strong earnings
Apr 28, 2023 (AFP)
The Nikkei was the region's biggest winner, closing 1.4 percent higher following a decision by the Bank of Japan to maintain its easy money policy. Tokyo also g...
Asian stocks rise after shaky start
Apr 27, 2023 (AFP)
Blockbuster earnings lifted the tech-heavy Nasdaq on Wednesday, with both Microsoft and Meta soaring after delivering expectation-beating reports, but recession...
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