TRADE WARS - INDO DAILY

Crunch time for Evergrande, but no 'Lehman moment'

Sep 21, 2021 (AFP)

Talk of a "Lehman moment" has rung loud this week as worried investors try to ascertain whether the crisis could be a replay of the bankruptcy of Wall Street ti...

France builds EU support in sub row, but some warn against US rift

Sep 21, 2021 (AFP)

German Europe Minister Michael Roth said France's diplomatic crisis with the US was a "wake-up call for all of us" on the importance of uniting an often divided...

Evergrande contagion fears hit Hong Kong stocks, with default expected

Sep 20, 2021 (AFP)

The firm, one of the country's biggest developers, is on the brink of collapse as it wallows in debts of more than $300 billion, raising concerns of a spillover...

EU foreign ministers to discuss Australia-France nuclear subs deal fallout

Sep 20, 2021 (AFP)

"This is the first opportunity for the EU foreign ministers to discuss the implications and consequences of the whole deal," EU foreign affairs spokesman Peter ...

US regulators target Activision Blizzard workplace

Sep 20, 2021 (AFP)

The Securities and Exchange Commission is seeking information from the company, executives and former employees. The SEC "is conducting an investigation concern...

Iran looks east after China-led bloc OKs entry

Sep 18, 2021 (AFP)

Conservative and reformist newspapers showed rare unity in welcoming the outcome of a conference in Dushanbe on Friday at which members of the Shanghai Cooperat...

Asian markets mostly rise at end of a tough week

Sep 17, 2021 (AFP)

The gains came despite another tepid lead from Wall Street, which was pulled between better-than-expected US retails sales and an above-forecast reading on jobl...

Allegations of favoring China could erode confidence in IMF chief

Sep 17, 2021 (AFP)

The situation also could present a challenge to Democratic US President Joe Biden's administration, since it gives fodder to Republicans dubious of, if not outr...

IMF chief denies altering World Bank report to appease China

Sep 17, 2021 (AFP)

Based on the findings, the World Bank announced it was immediately discontinuing its Doing Business report after the investigation found irregularities in the 2...

China applies to join trans-Pacific free-trade pact

Sep 16, 2021 (AFP)

Signed by 11 Asia-Pacific countries in 2018, the partnership is the region's biggest free-trade pact and accounts for around 13.5 percent of the global economy....

Asian traders struggle to emulate Wall St after sell-off

Sep 16, 2021 (AFP)

A strong performance on Wall Street was not enough to spur buying in the region, where concerns about the spreading Delta coronavirus variant and its impact on ...

Evergrande endgame: What next for the property giant?

Sep 15, 2021 (AFP)

The group has hired experts including Houlihan Lokey -- which advised on the restructuring of Lehman Brothers -- as it tries to avoid a collapse that could have...

China's embattled Evergrande tries to pay bills with parking spots

Sep 15, 2021 (AFP)

The troubled property titan has warned it may not be able to service its colossal debts of more than $300 billion, seeding panic among property buyers, bond hol...

The rise and demise of Chinese property firm Evergrande

Sep 15, 2021 (AFP)

Here is a timeline of Evergrande's rise to one of China's biggest developers and demise into one of its worst debtors: 1996: The dream begins Steel-factory work...

Remote work goes 'luxury', but many may be left out

Sep 15, 2021 (AFP)

But experts warn that while top-of-the-line features may benefit privileged Americans, millions of others can barely access remote work tools already available....

Evergrande dream turns to nightmare for Chinese property buyers

Sep 14, 2021 (AFP)

She handed over the cash to the sprawling conglomerate in March but is yet to receive documents showing she owns the apartment. "I can barely eat or sleep these...

Asian traders cautious ahead of US inflation, Tokyo hits 31-year high

Sep 14, 2021 (AFP)

The first gain for Wall Street's S&P 500 and Dow after a five-day losing streak was not enough to spur a broad advance in Asia, though Tokyo clocked up its high...

Protests as Chinese property giant Evergrande faces 'tremendous pressure'

Sep 14, 2021 (AFP)

Evergrande's plight has raised fears of a contagion across the debt-mired Chinese property sector -- which accounts for more than a quarter of the world's secon...

Most Asian markets drop as record US inflation fans taper talk

Sep 13, 2021 (AFP)

Reports that President Joe Biden was considering a fresh trade probe into China added to the downbeat mood and nullified the optimism sparked by news that he ha...

The self-made Chinese billionaire battling to save debt-mired Evergrande

Sep 12, 2021 (AFP)

The 62-year-old -- also known as Hui Ka Yan in Cantonese -- was at one point China's richest man, with a taste for luxury labels, exclusive yachts and a nose fo...