TRADE WARS - INDO DAILY

Most markets rise as traders prepare for Fed meeting

Jul 27, 2022 (AFP)

The reports from Wall Street titans including Microsoft and Alphabet helped soothe anxiety ahead of an expected Federal Reserve interest rate hike. The day star...

Most Asian markets down as Fed prepares latest hike

Jul 27, 2022 (AFP)

The selling followed a steep drop on Wall Street fuelled by concerns that four-decade high inflation and rising borrowing costs were keeping Americans from spen...

Truss joins UK Conservative rival in vowing tough line on China

Jul 27, 2022 (AFP)

Foreign Secretary Truss marked the opening Thursday of the Commonwealth Games, in the English city of Birmingham, by saying the club of former UK colonies was a...

Asian traders cautious ahead of results, Alibaba lifts Hong Kong

Jul 26, 2022 (AFP)

A shock cut in US retail titan Walmart's profit outlook poured fuel on concerns that surging inflation and rising borrowing costs are hammering consumer spendin...

Biden undecided on China tariffs ahead of Xi call: W.House

Jul 26, 2022 (AFP)

John Kirby, spokesman for the National Security Council, said the administration believes the tariffs imposed during a trade war under former president Donald T...

China sales drop darkens Adidas outlook

Jul 26, 2022 (AFP)

The Nike rival now sees net profit for the year coming in at 1.3 billion euros ($1.3 billion) compared to its earlier forecast of between 1.8 and 1.9 billion eu...

Croatia opens bridge around Bosnia to get to Dubrovnik

Jul 26, 2022 (AFP)

The 2.4-kilometre (1.5-mile) span reaches out from the Croatian mainland to the Peljesac peninsula that connects with the southern part of Croatia's coastline n...

Stock markets drift lower as traders prepare for big week

Jul 25, 2022 (AFP)

While the US central bank is widely expected to hike borrowing costs by 75 basis points, traders will be poring over policymakers' views on the outlook for the ...

UK PM rivals spar over tax, China in first head-to-head TV debate

Jul 25, 2022 (AFP)

The primetime debate kicked off a crucial 12-day period featuring three such live TV duels and four husting events in front of Conservative party members who wi...

Why is the world worried about China's property crisis?

Jul 24, 2022 (AFP)

The boycott came with many developers struggling to manage mountains of debt, and fears swirling that the crisis could spread to the rest of the Chinese -- and ...

Stocks mixed as traders eye weak data, euro drops

Jul 22, 2022 (AFP)

The euro gave back most of the gains enjoyed after the European Central Bank ramped up borrowing costs more than forecast, with energy concerns and Italian poli...

Euro up as Russia gas returns, equities struggle ahead of ECB decision

Jul 21, 2022 (AFP)

The news helped Asian markets, which recovered from an early sell-off to end mixed following news that the Nord Stream 1 pipeline's taps had been switched back ...

Uruguay says pursuing China trade deal with or without Mercosur partners

Jul 21, 2022 (AFP)

As Argentina appealed for a common front at a Mercosur summit in Paraguay, Uruguay's President Luis Lacalle Pou stood his ground, announcing that delegations fr...

Asian markets fail to extend rally, focus turns to Europe

Jul 21, 2022 (AFP)

While data last week suggested US consumer resilience appeared to be holding up despite surging inflation and rising interest rates, a closely watched oil stock...

HSBC's China investment bank adds Communist Party committee: FT

Jul 21, 2022 (AFP)

HSBC Qianhai Securities installed a CCP committee after HSBC's stake in the joint venture increased from 51 to 90 percent, the FT said, citing two people famili...

CIA chief says chaos-hit Sri Lanka made 'dumb bets' on China

Jul 20, 2022 (AFP)

"The Chinese have a lot of weight to throw around and they can make a very appealing case for their investments," Burns said at the Aspen Security Forum. But na...

Stock markets rally on tech bounce, earnings hope

Jul 20, 2022 (AFP)

Markets also reacted positively to a report saying China will fine ride-hailing giant Didi $1 billion but bring an end to its year-long probe, reinforcing optim...

Manolo Blahnik wins decades-long legal battle in China

Jul 19, 2022 (AFP)

The dispute started when a competitor started calling itself "Manolo & Blahnik" in 1999, a move approved by the Chinese authorities a year later. The British co...

Asian markets drop as Apple report fans economic worries

Jul 19, 2022 (AFP)

The drop across most markets in Asia also came as oil held a Monday surge caused by fading expectations that Joe Biden had convinced Saudi Arabia to pump more t...

China banks vow to repay more customers after protests

Jul 18, 2022 (AFP)

China's rural banking sector has been hit hard by Beijing's efforts to rein in a property bubble and spiralling debt, in a financial crackdown that rattled the ...