TRADE WARS - INDO DAILY

Markets track Wall St rally as soft US inflation boosts rate hopes

Aug 11, 2022 (AFP)

The below-forecast reading on consumer prices came on the back of a sharp drop in energy costs and provided a much-needed boost to risk assets across the board....

China's consumer inflation pushes higher

Aug 10, 2022 (AFP)

Compared with other countries, consumer costs in the world's second-biggest economy have not skyrocketed, largely spared the impact of a global surge in food pr...

Asian, European markets hit by rate fears ahead of inflation data

Aug 10, 2022 (AFP)

Investors are preparing for the consumer price figures with a sense of dread as analysts warn a forecast-beating reading would ramp up bets on another big Feder...

Asian markets mixed as focus turns to inflation data

Aug 09, 2022 (AFP)

A rally across global markets from June lows appears to have hit the buffers after Friday's forecast-busting employment reading showed the world's top economy r...

France reverses Russia ban after chateau turns away visitors

Aug 09, 2022 (AFP)

Once the residence of French kings and among Europe's best-preserved monuments of its kind, the castle is for the most part open to the public, including for to...

Asian markets mostly up as focus turns to inflation data

Aug 09, 2022 (AFP)

A rally across global markets from June lows appeared to have hit the buffers after Friday's forecast-busting employment reading showed the world's top economy ...

China Evergrande to get $818 mn for scrapping stadium deal

Aug 05, 2022 (AFP)

The real estate behemoth has been involved in restructuring negotiations after racking up $300 billion in liabilities in the wake of Beijing's crackdown on exce...

Most Asian markets up as oil drops, eyes on Taiwan and US jobs

Aug 05, 2022 (AFP)

However, while markets have enjoyed a broadly positive week, optimism remains at a premium as traders fret over issues including the conflict in Eastern Europe,...

ASEAN ministers warn Taiwan tensions could spark 'open conflicts'

Aug 04, 2022 (AFP)

A furious Beijing kicked off its biggest-ever exercises around Taiwan in response to US House Speaker Nancy Pelosi's visit this week to the self-ruled island. M...

China's Taiwan war games threaten more global supply chain disruption

Aug 04, 2022 (AFP)

The drills -- China's largest-ever around Taiwan -- are a major show of strength after US House Speaker Nancy Pelosi infuriated Beijing by visiting the island. ...

Markets track US rally, eyes on China's Taiwan drills

Aug 04, 2022 (AFP)

Oil extended the previous day's sell-off, that came on the back of fresh signs of weakening demand in the United States. That followed major producers announcin...

Most Asian markets rise but Taiwan fears keep confidence in check

Aug 03, 2022 (AFP)

The highest profile trip to the island in 25 years by a US politician was met with condemnation from Beijing, which warned of serious economic and military cons...

Hong Kong economy tips into technical recession

Aug 01, 2022 (AFP)

Following a year-on-year decrease of 3.9 percent in the first quarter of 2022, the city's GDP again reported decline in the second quarter on Monday -- but with...

HSBC H1 pre-tax profit falls, dismisses calls for split

Aug 01, 2022 (AFP)

Pre-tax earnings sank 15 percent to US$9.2 billion after it took a $1.1-billion hit on possible credit losses "to reflect heightened economic uncertainty and in...

China's July factory activity weakens on soft demand

Jul 31, 2022 (AFP)

The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity in the world's second-biggest economy, came in at 49.0 in July, down from 50.2 June ...

Estonia blocks Russian student visas

Jul 28, 2022 (AFP)

"The continuation of sanctions against Russia is essential to ensuring relentless pressure on the country," Foreign Minister Urmas Reinsalu said in a statement....

China's industry minister faces corruption probe

Jul 28, 2022 (AFP)

Xiao Yaqing is among the biggest names caught up in President Xi Jinping's anti-corruption drive, and the investigation into him comes ahead of a key leadership...

Asia's richest woman loses half her wealth in China property crisis

Jul 28, 2022 (AFP)

Yang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52 percent to $11.3 billion from $23.7 billi...

Biden, Xi agree to hold face-to-face summit

Jul 28, 2022 (AFP)

Although this was their fifth phone or video call since Biden took office a year and a half ago, the summit would be their first in-person meeting as leaders. N...

Macau to open bidding for six casino licences

Jul 28, 2022 (AFP)

The former Portuguese colony is the only territory in China where casinos are permitted, and issues just six operating concessions for a multibillion-dollar ind...