TRADE WARS - INDO DAILY

Mixed reception to UK unveiling trans-Pacific trade pact membership

Mar 31, 2023 (AFP)

Britain will be the first new member since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was created in 2018, and the first ...

Japan FM to visit China, first time in over 3 years

Mar 31, 2023 (AFP)

The April 1-2 trip will include talks with Hayashi's Chinese counterpart Qin Gang, the ministry said, and will be the first time a Japanese foreign minister has...

Markets build on gains as bank, rate concerns ease

Mar 31, 2023 (AFP)

With the financial turmoil of recent weeks subsiding, traders are refocusing on the battle against inflation, though expectations for how high borrowing costs w...

Brazil's Lula reschedules China trip for April 11-14

Mar 31, 2023 (AFP)

The veteran leftist has sought closer ties with China -- Brazil's biggest trading partner -- since taking office in January. He canceled his original trip last ...

China's economy showing 'strong momentum', says Li

Mar 30, 2023 (AFP)

Li's speech at the Boao Forum, a high-profile meeting on China's southern Hainan island, was his first to an international conference since being appointed Beij...

Asian markets mixed as traders weigh rates outlook

Mar 30, 2023 (AFP)

Investors have taken heart from reassurances by authorities around the world that the fallout from the collapse of US regional banks and the takeover of Credit ...

Hong Kong art market hits pre-pandemic highs; stock markets soar on Alibaba news

Mar 29, 2023 (AFP)

The scenes at Hong Kong's Art Basel fair last week had not been seen since 2019, with a crackdown on pro-democracy protests and pandemic restrictions in the int...

Hong Kong leads Asian markets higher on Alibaba boost

Mar 29, 2023 (AFP)

The Hangzhou-based firm said the changes were intended to "unlock shareholder value and foster market competitiveness". Alibaba is one of China's most prominent...

China, Brazil strike deal to ditch dollar for trade

Mar 29, 2023 (AFP)

The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financia...

Spanish PM seeks international image with China visit

Mar 29, 2023 (AFP)

The two-day visit comes as Spain is gearing up to take over the European Union's rotating presidency in July which will also serve to project the country on the...

Hundreds of thousands lost their jobs in Turkey-Syria quake: UN

Mar 28, 2023 (AFP)

The earthquake has had a devastating impact on workers and enterprises, the UN's labour agency said. The International Labour Organization calculated that in th...

First US official visits China since Balloons; US firm under investigation

Mar 28, 2023 (AFP)

Rick Waters, who heads the State Department's new so-called "China House" that supervises US policy toward Beijing, traveled to Beijing as well as Shanghai and ...

Asian, European markets rise as banking crisis fears ease

Mar 28, 2023 (AFP)

News that North Carolina-based First Citizens Bank had agreed to take over most of SVB boosted European stocks and Wall Street on Monday. The gains were led by ...

China ramping up bailout loans to 'Belt and Road' countries: report

Mar 28, 2023 (AFP)

Almost all the funds went to Belt and Road Initiative (BRI) countries such as Sri Lanka, Pakistan and Turkey -- mostly low- and middle-income nations that have ...

Asian shares up as bank crisis fears ease

Mar 28, 2023 (AFP)

European stocks had rallied and two of the three main Wall Street indexes advanced the previous day on news that North Carolina-based First Citizens Bank had ag...

Asian markets mixed as banking fears persist

Mar 27, 2023 (AFP)

Chinese markets were downbeat in morning trade, but Tokyo's key Nikkei index and stocks in Sydney and Singapore were up following a slightly higher close on Wal...

World Bank warns of 'lost decade' of growth on China-led slowdown

Mar 27, 2023 (AFP)

The world's potential growth -- its maximum long-term growth rate without sparking inflation -- will slow to an average annual rate of just 2.2 percent this dec...

China says US firm under investigation for 'illegal operations'

Mar 27, 2023 (AFP)

The New York-based Mintz Group is "suspected of illegal operations", Chinese foreign ministry spokesperson Mao Ning said, adding that "the relevant case is now ...

IMF chief warns risks to financial stability have increased

Mar 26, 2023 (AFP)

Speaking at a forum in Beijing, the IMF managing director said she expected 2023 "to be another challenging year", with global growth slowing to below 3.0 perce...

US due diligence firm says Chinese staff in Beijing office detained

Mar 24, 2023 (AFP)

The company specialises in conducting investigations into fraud, corruption and workplace misconduct allegations, as well as background checks. "Chinese authori...