TRADE WARS

News About World Trade

7,281 articles

Germany wrestles with economic dependence on China
Nov 03, 2022 (AFP)
- Massive exposure - The Russian invasion of Ukraine and the upheaval caused in Germany by breaking off economic ties with Moscow has cast a new light on Berlin...
Asia joins Wall St plunge as Powell wrecks Fed pivot hopes
Nov 03, 2022 (AFP)
Equities have rallied for more than a week on speculation the US central bank would join others in tamping down its monetary-tightening campaign as the economy ...
Starbucks reports record sales but lower profits on weak China
Nov 03, 2022 (AFP)
Comparable sales surged at the coffee chain's North American shops, lifted by a 10 percent increase in average ticket size following price hikes and a slight up...
Asian markets mixed as US data tempers Fed hopes
Nov 02, 2022 (AFP)
Hong Kong led gainers -- extending the previous day's surge -- as traders remain hopeful China could begin rolling back its economically painful zero-Covid poli...
Top Chinese regulator urges investors to avoid foreign news
Nov 02, 2022 (AFP)
The advice was made by Fang Xinghai, vice chairman of China Securities Regulatory Commission, in a pre-recorded interview that was broadcast to a summit being h...
Markets extend rally, China zero-Covid hopes boost Hong Kong
Nov 01, 2022 (AFP)
Hong Kong led the rally with Shanghai following unconfirmed posts on Chinese social media saying officials were putting together a committee to discuss how to m...
Wall Street chiefs share stage with Hong Kong's sanctioned leader as bankers give mixed views
Nov 01, 2022 (AFP)
Hong Kong is hosting a week of high profile events after lifting years of pandemic travel curbs that tarnished the city's business-friendly reputation, sparked ...
UK's Ocado announces tie-up with S.Korea's Lotte
Nov 01, 2022 (AFP)
Ocado's stock surged more than 30 percent in morning trade on the London Stock Exchange after the announcement. The two firms said in a joint statement that the...
Germany's Scholz set for high-stakes China visit
Nov 01, 2022 (AFP)
Scholz, accompanied by a delegation of business executives, will be the first European Union leader to visit the world's second-biggest economy since 2019. Duri...
Markets boosted by rate hopes ahead of Fed decision
Oct 31, 2022 (AFP)
A sense of relief has settled on trading floors over the past week following a report that the US central bank could take its foot off the accelerator in its pu...
China to ease mainland residents' travel to gambling hub Macau
Oct 31, 2022 (AFP)
Macau is the only place in China where casinos are legal and the former Portuguese colony once dwarfed even Las Vegas for the scale of bets placed every month. ...
China's factory activity contracts on Covid curbs
Oct 31, 2022 (AFP)
The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 49.2, down from September's 50.1 and be...
China's Xi says ready to take Brazil ties 'to new level' after Lula election
Oct 31, 2022 (AFP)
"I am willing to work with president-elect Lula to make joint plans from a strategic height and long-term perspective, and take the China-Brazil comprehensive s...
Record plunge in China property giant's stock after chair quits
Oct 31, 2022 (AFP)
Longfor's equities plummeted by as much as 45 percent on Monday morning, before rallying to close down 23.8 percent at HK$10 ($1.27) per share. The plunge -- th...
Hong Kong banking summit a post-pandemic sales pitch, but is anyone buying
Oct 31, 2022 (AFP)
The Chinese finance hub has prepared a high-profile summit, including a glitzy banquet at a newly opened art museum to woo financial bigwigs, hoping to outshine...
China economic slowdown to drag on Asia growth: IMF
Oct 28, 2022 (AFP)
Worldwide economic prospects have dimmed this year as countries have faced higher living costs, tighter financial conditions and increased uncertainty following...
Most markets slip as rate hopes are offset by big tech sell-off
Oct 28, 2022 (AFP)
After being battered for most of the year by worries that borrowing costs will continue to rise to fight inflation, traders were cheered by a report last week i...
China says wants deeper Russia ties, silent on Ukraine war
Oct 27, 2022 (AFP)
China and Russia had a tumultuous relationship during the Cold War but have grown closer in recent years as they worked to counter the United States. China has ...
Euro and pound hold gains, stocks mostly rise as rate fears ease
Oct 27, 2022 (AFP)
Hong Kong led the gains thanks to a surge in tech firms, extending a recovery from Monday's rout that was fuelled by worries of Xi Jinping's tightened grip on p...
US lawmakers urge bank chiefs to reconsider Hong Kong meeting
Oct 27, 2022 (AFP)
Heads of some 30 big financial institutions are expected for the conference in Hong Kong, which is keen to show it is open for business after isolation under on...
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