TRADE WARS - INDO DAILY

European, US stocks up despite China Covid fears

Nov 22, 2022 (AFP)

London, Paris and Frankfurt closed in the green while Wall Street was also up even as worries grew over the economic fallout of Beijing's efforts to contain ris...

Asian markets struggle as China Covid worries build

Nov 22, 2022 (AFP)

After starting November with a rally thanks to easing inflation concerns and signs China was edging towards a looser approach to the disease, the optimism has b...

US tech giant Hewlett Packard plans up to 6,000 job cuts

Nov 22, 2022 (AFP)

HP, which has a payroll of about 61,000 people, said it aimed to secure $1.4 billion in annual savings through 2025 as it followed the cost-cutting path of othe...

China seized rocket parts in disputed waters; US VP vows commitment to Philippines

Nov 21, 2022 (AFP)

A senior Filipino navy official made the allegation as US Vice-President Kamala Harris began a three-day visit to the Philippines aimed at boosting ties and cou...

Xi, Harris call for open channels in latest US-China meeting

Nov 19, 2022 (AFP)

Harris and Xi met during an Asia-Pacific summit in Bangkok where another US rival, Russia, saw itself isolated, with no top leader attending and a statement iss...

Asian markets mixed as caution over rate outlook dulls sentiment

Nov 18, 2022 (AFP)

While the week has been broadly positive for equities following softer-than-expected US consumer and wholesale price figures, a strong reading on retail sales a...

EU's Russia sanctions a 'step towards war': Hungary PM

Nov 18, 2022 (AFP)

Orban has sought to take a neutral position since Russia invaded Ukraine in February, refusing to send Kyiv military aid and opposing an 18-billion-euro EU supp...

Markets hurt as rate hike woes return to the fore

Nov 17, 2022 (AFP)

Two reports showing inflation easing in the world's top economy provided a springboard for world markets over much of the past week as investors took the readin...

Xi spat with Trudeau lays bare China's frayed ties with Canada

Nov 17, 2022 (AFP)

Video recorded by reporters at the Bali summit for world leaders on Wednesday showed Xi appearing to upbraid Trudeau after details of talks between the two lead...

Xi invites Italy's far-right PM Meloni to China

Nov 17, 2022 (AFP)

The meeting on the Indonesian resort island of Bali was the first between the Chinese leader and the only woman to have ruled Italy, on what was Xi's second for...

Asian stocks mostly down as Ukraine fears offset inflation hopes

Nov 16, 2022 (AFP)

World markets have rallied since last week after data showed US consumer prices rose much less than expected in October, suggesting months of monetary tightenin...

Yellen seeks stability in first meeting with China

Nov 16, 2022 (AFP)

Yellen met Yi Gang, governor of the central People's Bank of China, at the Group of 20 summit in Bali, where two days earlier US President Joe Biden and Chinese...

China new home prices see sharpest decline in over seven years

Nov 16, 2022 (AFP)

Property market has long served as a motor for growth in China, on the backs of rising standards of living and high demand in a country where home ownership is ...

Asian markets rise further as China moves provide support

Nov 15, 2022 (AFP)

A largely positive meeting between US President Joe Biden and Chinese counterpart Xi Jinping indicated an easing of tensions between the powers and added to the...

Sri Lanka govt takes over $1.7 bn in debt owed to China

Nov 14, 2022 (AFP)

The government of President Ranil Wickremesinghe is in talks with the Washington-based lender as it seeks funding to enable the island to recover from its worst...

Brazil's Bolsonaro, silent after election loss, to skip G20

Nov 14, 2022 (AFP)

Aside from a brief speech two days after his razor-thin election loss to leftist Luiz Inacio Lula da Silva late last month, the far-right Bolsonaro has all but ...

Five key takeaways from the Biden-Xi meeting in Bali

Nov 14, 2022 (AFP)

Here are five key takeaways from the sit-down between the leaders of the superpowers. - Talk is not cheap - If there was one thing the two men definitely agreed...

Stock markets mixed as global rally peters out

Nov 14, 2022 (AFP)

Equities rocketed last week and the dollar sank after data showed US price rises eased in October, providing the Federal Reserve with room to take its foot off ...

Scholz courts Vietnam, Singapore after China visit

Nov 14, 2022 (AFP)

"We are looking to diversify our supply chains to look where we can go to get row materials and industrial products," Scholz said at the end of a three-day trip...

China unveils sweeping measures to rescue property sector

Nov 14, 2022 (AFP)

The banking regulator and central bank on Friday issued a 16-point set of internal directives to promote the "stable and healthy development" of the industry, w...