TRADE WARS

News About World Trade

7,281 articles

Yen holds gains, markets mixed after Bank of Japan move
Dec 21, 2022 (AFP)
The move to allow yields on certain government bonds to move in a wider band was seen as a precursor to a possible interest rate hike next year, finally bringin...
Asian markets mostly down on worries over rate hikes, inflation
Dec 20, 2022 (AFP)
Sentiment was also being weighed down by a spike in Covid infections in China as officials roll back many of the strict containment measures that have been in p...
World Bank slashes China growth forecasts on Covid woes, property crisis
Dec 20, 2022 (AFP)
In a statement, the institution slashed its forecast to 2.7 percent from 4.3 percent predicted in June. It also revised its forecast for next year from 5.2 perc...
Hong Kong plans to regulate crowdfunding
Dec 19, 2022 (AFP)
Online crowdfunding was popular among the city's democracy supporters to pay legal and medical costs for those arrested during huge and often violent protests i...
Australia's top diplomat makes first China trip in years
Dec 19, 2022 (AFP)
Canberra said Penny Wong would visit Beijing to mark the 50th anniversary of diplomatic relations and meet Chinese state councillor and minister of foreign affa...
Asian markets track US losses on recession worries
Dec 19, 2022 (AFP)
Equities took a turn south last week after monetary policymakers around the world signalled that while price rises appeared to be stabilising, more work would b...
Biden to welcome Ecuador president as China closes trade deal
Dec 16, 2022 (AFP)
Lasso won a surprise victory in 2021 as Ecuador's first conservative president in 14 years, an anomaly amid a wave of victories in Latin America by left-of-cent...
Most markets drop as central banks crush Christmas spirit
Dec 16, 2022 (AFP)
After a healthy rally in recent weeks fuelled by signs that price rises were slowing, the US Federal Reserve and European Central Bank this week crushed any Chr...
Chinese firms' delisting risk eases with US audit data access
Dec 16, 2022 (AFP)
The Public Company Accounting Oversight Board's announcement came amid worries that Chinese firms could be taken off United States stock exchanges if they did n...
China retail sales plunge in November on Covid woes
Dec 15, 2022 (AFP)
The figures highlight the work ahead for the government as it moves away from almost three years of strict containment measures that have whittled growth and se...
Markets sink with Wall St on hawkish Fed outlook
Dec 15, 2022 (AFP)
Traders took their lead from Wall Street, where a more hawkish statement than expected dented hopes the central bank could soften its approach to fighting infla...
EU united in spat over US green subsidies: Scholz
Dec 14, 2022 (AFP)
Speaking to parliament ahead of a European Union summit in Brussels, Scholz said Washington's massive climate protection package marked an "impressive contribut...
Asian markets extend US rally after inflation boost, eyes on Fed
Dec 14, 2022 (AFP)
The reading provided some much-needed Christmas cheer on trading floors and came the day before the US central bank's last policy decision of the year, which wi...
Markets mixed ahead of inflation, Fed decision
Dec 13, 2022 (AFP)
The region was given a positive lead after Wall Street's three main indexes raced out of the traps Monday, with analysts citing a survey by the central bank tha...
Growth downgrade for China 'very likely' on Covid surge: IMF chief
Dec 13, 2022 (AFP)
Her comments on the sidelines of a panel about a newly-created IMF fund come as the world's second biggest economy grapples with soaring coronavirus cases, as i...
EU agrees on 'carbon mechanism' at borders for industrial imports
Dec 13, 2022 (AFP)
Known as the "Carbon Border Adjustment Mechanism" (CBAM), the agreement will cover industrial imports from the regional bloc's 27 member states, targeting the h...
German factory outfitters warn on break from China
Dec 13, 2022 (AFP)
German firms have faced calls to reduce their heavy dependence on the world's number two economy following Russia's invasion of Ukraine, and subsequent move to ...
UK defends China actions after calls to get tough
Dec 11, 2022 (AFP)
Anti-China hardliners in the ruling Conservative party have demanded expulsions of the diplomats involved, accusing the UK government of appeasing Beijing. But ...
Brazil's Lula appoints former mayor as finance minister
Dec 10, 2022 (AFP)
Lula da Silva, who narrowly defeated incumbent Jair Bolsonaro in October elections, unveiled ministers in the key posts of foreign affairs, justice, defense, an...
Inflation in China falls below two percent in November
Dec 09, 2022 (AFP)
Last month saw a slew of gloomy figures for the world's second-largest economy as a hardline zero-Covid policy hammered businesses and supply chains, and dampen...
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