TRADE WARS - INDO DAILY

US, EU pledge joint action on tech issues, semiconductors, China

Sep 29, 2021 (AFP)

The inaugural meeting of the Trade and Technology Council (TTC) laid out a lengthy to-do list, but perhaps the most significant achievement was the symbolic res...

Elon Musk wants US regulators to let cryptocurrency 'fly'

Sep 29, 2021 (AFP)

The colorful serial entrepreneur, an outspoken digital money fan, shared his view at a Code Conference in Beverly Hills, as governments around the world fret ov...

China infrastructure drive traps poor nations with $385 bn 'hidden debt': study

Sep 29, 2021 (AFP)

Research from international development research lab AidData said that opaque deals with state banks and companies under President Xi Jinping's flagship investm...

Asian markets mostly down on taper worry, eyes on debt limit

Sep 28, 2021 (AFP)

Fears over the possible collapse of troubled Chinese developer Evergrande have abated for now, though the crisis is being closely followed. Meanwhile, analysts ...

Evergrande fuels concerns over China's housing bubble

Sep 28, 2021 (AFP)

China's property market has been a critical part of the economy, as Beijing's promise to improve people's living standards translated into new homes that in tur...

EU stresses human rights in virtual meet with China

Sep 28, 2021 (AFP)

EU foreign policy chief Josep Borrell and Chinese Foreign Minister Wang Yi held the videolink talks under the EU-China Strategic Dialogue, a forum to air issues...

Metal tariff talks with US in 'advanced stages': EU official

Sep 28, 2021 (AFP)

Citing national security concerns, former president Donald Trump in June 2018 levied tariffs of 25 percent on steel and 10 percent on aluminum from several coun...

Chinese police detain top execs from troubled HNA Group

Sep 24, 2021 (AFP)

Transport and logistics giant HNA Group said its chairman Chen Feng and CEO Tan Xiangdong have been detained by police in southern China's Hainan island, where ...

IMF chief says she 'did not pressure anyone' while at World Bank

Sep 24, 2021 (AFP)

"Let me be clear: the conclusions are wrong. I did not pressure anyone to alter any reports. There was absolutely no quid pro quo related to funding for the Wor...

China's central bank rules all crypto transactions are illegal

Sep 24, 2021 (AFP)

The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations, which have sought to pre...

Hong Kong leads Asian markets rally as Evergrande fears subside

Sep 23, 2021 (AFP)

Hong Kong led advances as it reopened after a midweek break to catch up with news that Evergrande had agreed a plan to repay interest to its domestic bondholder...

Evergrande founder calls for construction, sales to resume

Sep 23, 2021 (AFP)

Furious homebuyers and investors around the country have gathered to demand repayment as the developer drowns in a sea of debt worth more than $300 billion, and...

EU says US tech talks going ahead despite French anger

Sep 23, 2021 (AFP)

A furious Paris had floated the idea of delaying the meeting of the new Trade and Technology Council in Pittsburgh on September 29 in retaliation for a pact bet...

Ratings agency cuts China growth forecast on property woes

Sep 23, 2021 (AFP)

China enjoyed a swift economic rebound from the Covid-19 pandemic, but strict new rules on the country's developers have caused a deleveraging rush and helped p...

Taiwan applies to join Pacific trade deal days after China

Sep 23, 2021 (AFP)

Signed by 11 Asia-Pacific countries in 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is the region's biggest free-trad...

US jobless claims rise again amid Delta, hurricane

Sep 23, 2021 (AFP)

Initial claims for jobless aid rose just 16,000 in the week ended September 18, to 351,000, seasonally adjusted, the Labor Department reported, which was above ...

Evergrande agrees deal to avoid default on key bond: company

Sep 22, 2021 (AFP)

Financial markets have tumbled over fears that the Chinese group could collapse, with the potential to derail the world's second-biggest economy. In a statement...

Evergrande agrees deal to avoid default on key bond

Sep 22, 2021 (AFP)

Financial markets have been hit this week over fears that the sprawling firm could collapse, with the potential to pulse through the world's second-biggest econ...

Australia sets conditions for China joining Pacific pact

Sep 22, 2021 (AFP)

Dan Tehan linked China's bid to join an 11-nation trading alliance with steps to improve bilateral relations that are at their lowest ebb in decades. China form...

IMF execs meets over charges boss changed data to favor China

Sep 22, 2021 (AFP)

The board did not announce any immediate decision and said it would meet again "soon." "The IMF's Executive Board met today for an initial briefing from the Eth...