TRADE WARS

News About World Trade

7,281 articles

Asian markets drop as traders brace for Fed hike
May 03, 2022 (AFP)
Surging prices, moves to tighten monetary policy, China's Covid lockdowns, the Ukraine war and a stronger dollar have come together in recent weeks to cause a m...
Most Asian markets drop as traders brace for Fed hike
May 03, 2022 (AFP)
Surging prices, moves to tighten monetary policy, China's Covid lockdowns, the Ukraine war and a stronger dollar have come together in recent weeks to cause a m...
US reviewing tariffs on Chinese goods set to end in July
May 03, 2022 (AFP)
With Americans facing the highest inflation in more than four decades and companies struggling to find key supplies, President Joe Biden has faced increasing ca...
Starbucks profits edge higher despite China weakness
May 03, 2022 (AFP)
The coffee giant scored a 12 percent jump in comparable sales in North America, while suffering a 23 percent slide in China amid that country's latest Covid-19 ...
Hong Kong Q1 GDP down 4% after deadly Omicron surge
May 03, 2022 (AFP)
Gross domestic product for the first quarter of 2022 contracted by four percent from a year earlier, according to advance government figures released on Tuesday...
India seizes $725m from China's Xiaomi over 'illegal' remittances
May 01, 2022 (AFP)
India's financial crime investigations agency began investigating the company in February and said it seized the money from the firm's local arm after discoveri...
China factory activity dips to lowest in two years: official data
Apr 30, 2022 (AFP)
The official Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, clocked 47.4 in April -- below the 50-point mark separating growth from co...
Most Asian markets track Wall St rally but tech struggles
Apr 29, 2022 (AFP)
Technology firms were weighed by Apple and Amazon's surprisingly downbeat earnings and warnings about the outlook, while oil dipped but held most of Thursday's ...
Chinese tech shares surge on signs of state support
Apr 29, 2022 (AFP)
Beijing has embarked on a sweeping clampdown over the past year that has clipped the wings of its biggest internet firms. But in a meeting of the government's d...
Asian markets enjoy respite from heavy selling pressure
Apr 28, 2022 (AFP)
However, traders remain on high alert on a range of crises from the Ukraine war, surging inflation, central bank monetary tightening and Chinese Covid lockdowns...
Asian markets sink as traders fret over global outlook
Apr 27, 2022 (AFP)
The downbeat mood across the world has been compounded by weak earnings from some of the world's biggest companies, while pledges of support from Beijing have l...
Hong Kong exchange profits plunge amid IPO drought, virus woes
Apr 27, 2022 (AFP)
Hong Kong Exchanges and Clearing (HKEX) announced a net income of HK$2.67 billion ($340 million) for the three months ended March -- 31 percent down on-year -- ...
China's Xi urges 'all-out' infrastructure push to boost growth
Apr 27, 2022 (AFP)
Despite struggling to defeat the country's worst outbreak in two years, the leadership is digging in its heels with a hard zero-Covid policy that involves lockd...
London Metal Exchange boss stays amid nickel turmoil
Apr 27, 2022 (AFP)
"Matthew Chamberlain, CEO of the London Metal Exchange (LME) and group head of commodities, is to remain in his post," LME owner, Hong Kong Exchanges and Cleari...
China worries weigh on global stocks, Wall Street plummets
Apr 26, 2022 (AFP)
A relief rally in Europe faded as the day wore on, while major US indices saw big declines after Monday brought some relief from recent negative sentiment. The ...
Markets mixed as China, Fed keep confidence in check
Apr 26, 2022 (AFP)
The Omicron flare-up across China has led authorities to impose strict containment measures in its biggest cities, shutting off millions of people and threateni...
HSBC profits slide as Ukraine war worsens inflation
Apr 26, 2022 (AFP)
Net profit dropped more than a quarter to US$2.8 billion from the first three months of 2021, London-headquartered HSBC said in an earnings statement. Pre-tax p...
HSBC first-quarter pre-tax profits drop nearly 30% to US$4.2 bn
Apr 26, 2022 (AFP)
The London-based bank announced pre-tax profits of $4.2 billion for January-March, down 28 percent on-year but beating estimates, while reporting revenue declin...
Asian markets mixed but China, Fed keep confidence in check
Apr 26, 2022 (AFP)
The Omicron flare-up across China has led authorities to impose strict containment measures in its biggest cities, shutting off millions of people and threateni...
Oil prices slide on China fears; Twitter rises on Musk deal
Apr 25, 2022 (AFP)
Crude prices dove more than three percent on growing concerns over Chinese lockdowns in response to its latest Covid-19 wave. Dollar-denominated oil has also be...
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