TRADE WARS

News About World Trade

7,281 articles

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...
Stocks and oil slide China lockdowns, rate hike fears
Apr 25, 2022 (AFP)
The losses extended last week's sell-off triggered by Federal Reserve boss Jerome Powell indicating that the US central bank would hike interest rates by half a...
China's pursuit of zero Covid driving expats away
Apr 25, 2022 (AFP)
China's reluctance to budge on its strict zero-Covid policy is hastening the departure of expats from the world's second-largest economy, with business groups w...
Asia facing 'stagflationary outlook' amid Ukraine war: IMF
Apr 25, 2022 (AFP)
"The region faces a stagflationary outlook, with growth being lower than previously expected, and inflation being higher," said Anne-Marie Gulde-Wolf, acting di...
Asian markets tumble after Federal Reserve chief's comments
Apr 22, 2022 (AFP)
Tokyo ended more than 1.5 percent down even as inflation data from Japan was in line with market expectations and better than elsewhere in the world. A falling ...
No consensus among finance chiefs at IMF talks due to Ukraine war
Apr 21, 2022 (AFP)
The war and the raft of sanctions on Moscow have endangered the global recovery from the Covid-19 pandemic and threatened global cooperation. "This meeting has ...
China ratifies international forced labour conventions
Apr 20, 2022 (AFP)
Beijing's approvals come as the country faces accusations of widespread human rights abuses in Xinjiang, including forced labour. Rights groups estimate at leas...
Ukraine set to dominate G20 finance chiefs summit
Apr 20, 2022 (AFP)
Moscow's attack on its neighbor is set to dominate the meeting of G20 finance ministers and central bank governors, the first since Russian President Vladimir P...
G20 finances chiefs convene amid threats of Ukraine boycott
Apr 20, 2022 (AFP)
Moscow's attack on its neighbor looms over the meeting of G20 finance ministers and central bank governors, the first since Russian President Vladimir Putin ord...
Asia markets cautious over China growth news
Apr 19, 2022 (AFP)
Chinese growth numbers for the first quarter of 2022 exceeded expectations on Monday but came with a government warning of "significant challenges" ahead, with ...
China economy accelerates in Q1 but Asian markets slide on inflation
Apr 18, 2022 (AFP)
The world's second-biggest economy had lost steam in the latter half of last year with a property slump and regulatory crackdowns, pulling down growth. But it e...
China's economic growth under threat as virus takes hold; Bank reserve ratio cut
Apr 16, 2022 (AFP)
Growth in the world's second-largest economy was already slowing in the latter half of last year with a property market slump and regulatory crackdowns, leading...
Britain's Johnson to talk trade, security in India next week
Apr 16, 2022 (AFP)
"As we face threats to our peace and prosperity from autocratic states, it is vital that democracies and friends stick together," Johnson said in a statement be...
Asian markets drop after Wall Street retreat
Apr 15, 2022 (AFP)
Central banks in several major economies including the United States, Canada and Britain have already started raising interest rates to contain prices, but the ...
Uniqlo operator lifts profit outlook despite China lockdowns
Apr 14, 2022 (AFP)
China is a key market for Uniqlo, but consumer spending has been hampered by tough lockdowns imposed on cities like Shanghai under the country's zero-Covid poli...
Asian stocks shrug off red-hot US inflation
Apr 13, 2022 (AFP)
The US consumer price index surged 8.5 percent in March compared with a year ago, the biggest jump since December 1981. The CPI climbed 1.2 percent over Februar...
US Treasury Secretary warns China over its stance on Russia
Apr 13, 2022 (AFP)
Washington and its allies in Europe and elsewhere have responded with fury to Moscow's attack on Ukraine, sanctioning Russia's financial system, aviation sector...
US Treasury Secretary wants to 'modernize' global financial organizations
Apr 13, 2022 (AFP)
"We will... need to modernize our existing institutions -- the IMF and the multilateral development banks -- so that they are fit for the 21st century, where ch...
China's imports fall as Covid outbreaks, lockdowns hit demand
Apr 13, 2022 (AFP)
The world's second-largest economy has stuck to a strict zero-Covid strategy as it tries to contain outbreaks fuelled by the Omicron variant in recent months. T...
Bankrupt Sri Lanka begs diaspora to send cash
Apr 13, 2022 (AFP)
The island nation is in the grip of its worst economic crisis since independence in 1948, with severe shortages of essential goods and regular blackouts causing...
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