TRADE WARS

News About World Trade

7,281 articles

Markets mixed as US rate saga plays against China reopening
Mar 02, 2023 (AFP)
The region enjoyed a much-needed day in the sun Wednesday after forecast-busting Chinese factory data reinforced optimism the world's number two economy will bo...
Asian, European markets rise as China data spurs recovery hopes
Mar 01, 2023 (AFP)
The forecast-busting reading on manufacturing -- the highest since 2012 -- reinforced the view that the world's second-biggest economy will bounce back strongly...
China manufacturing activity surges in February
Mar 01, 2023 (AFP)
The world's second-largest economy is stirring back to life after Beijing's decision in December to abruptly drop its strict health measures, which mandated str...
US's Blinken says no plans to meet Russia, China at G20
Mar 01, 2023 (AFP)
The gathering in New Delhi on Thursday will be the first time US Secretary of State Blinken and Russian Foreign Minister Sergei Lavrov have been in the same roo...
Asian markets pick up but traders worry over looming rate hikes
Feb 28, 2023 (AFP)
The gains tracked advances on Wall Street, though investors will be keeping a wary eye on several data releases this week that will provide a fresh snapshot of ...
Biden's student debt relief imperiled by conservative Supreme Court
Feb 28, 2023 (AFP)
A majority of the justices indicated in arguments presented Tuesday that they believe Biden exceeded his powers by adopting the costly program without specific ...
Biden's student debt relief plan challenged at Supreme Court
Feb 28, 2023 (AFP)
The high court's final ruling, expected sometime before June 30, will decide whether millions of Americans will see up to $20,000 of debt disappear, but could a...
Asian markets drop on rate fears as US inflation runs hot
Feb 27, 2023 (AFP)
The report on the personal consumption expenditures price index followed blockbuster jobs figures and data showing prices coming down slower than hoped. This mo...
Macron warns EU-South America deal hinges on environment
Feb 25, 2023 (AFP)
The EU in 2019 reached a trade deal with the Mercosur bloc, comprising Argentina, Brazil, Paraguay and Uruguay, after 20 years of negotiations. However, the dea...
Markets mixed, Tokyo rallies as BoJ nominee backs loose policy
Feb 24, 2023 (AFP)
Analysts said the realisation that the Federal Reserve will further hike borrowing costs and hold them there appears to have sunk in among investors, who were b...
Blinken to meet Asia 'Quad' after China friction
Feb 24, 2023 (AFP)
Blinken will hold the talks with the so-called Quad on March 3 on the sidelines of a Group of 20 meeting in New Delhi, said Donald Lu, the top State Department ...
Asian markets mixed but little joy as traders eye more Fed hikes
Feb 23, 2023 (AFP)
A blockbuster jobs report and sticky inflation data this month have dealt a hammer blow to earlier expectations the US central bank could soon pause its monetar...
Turkey cuts key borrowing rate to aid quake recovery
Feb 23, 2023 (AFP)
Turkey was already battling runaway inflation and relying on wealthy allies to keep its economy afloat when the massive earthquake on February 6 killed more tha...
Chinese-owned British Steel says plans 260 job cuts
Feb 22, 2023 (AFP)
The company said its energy costs last year increased by 190 million pounds ($230 million). "Decisive action is required because of the unprecedented rise in op...
Asian markets drop as traders contemplate higher-for-longer rates
Feb 22, 2023 (AFP)
Traders are now awaiting the release of minutes from the Federal Reserve's latest policy meeting hoping for an idea about officials' views on how much and how f...
Hong Kong unveils US$97 billion post-pandemic budget
Feb 22, 2023 (AFP)
Hoping to kickstart the finance centre's economy, Finance Secretary Paul Chan announced tax cuts and more consumer spending vouchers. Hong Kong's leaders are ke...
HSBC says pre-tax profits slip to $17.5 bn in 2022
Feb 21, 2023 (AFP)
The Asia-focused lender said it made $17.5 billion before tax, down more than seven percent on-year, while reported revenue increased four percent to $51.7 bill...
Philippine lawmakers ratify entry to world's largest trade pact
Feb 21, 2023 (AFP)
The Regional Comprehensive Economic Partnership includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia, with memb...
Asian markets mixed, with rates set to go higher
Feb 21, 2023 (AFP)
With Wall Street closed Monday for Presidents' Day there were few catalysts for regional investors, with focus on the release later in the week of minutes from ...
Australian miner BHP says China, India to boost demand
Feb 21, 2023 (AFP)
The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, copper and potash, said net profit slumped 32 percent year-on-year to ...
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