TRADE WARS - INDO DAILY

Greek PM offers tax cuts, improved growth in rebound bid

Sep 11, 2021 (AFP)

"I am able to announce a revised growth target of 5.9 percent" for 2021, Prime Minister Kyriakos Mitsotakis said in a keynote speech at the Thessaloniki Interna...

Blackstone scraps $3bn takeover of property giant Soho China

Sep 11, 2021 (AFP)

Blackstone had hoped to expand its presence in the country through acquisition of Soho China, which holds prime real estate in cities like Beijing. But its offe...

Asian markets rally after Biden, Xi talks as Hong Kong leads way

Sep 10, 2021 (AFP)

Hong Kong led the advances thanks to healthy buying into tech firms that were battered Thursday by China's latest clampdown on the gaming industry, but fears th...

Xi says 'critical' to reset US ties after 'serious difficulties'

Sep 10, 2021 (AFP)

Ties between Beijing and Washington have been strained in recent years by a bruising trade war and America's tough stand on China's human rights track record --...

Asian markets hit by recovery worries as tech hammers Hong Kong

Sep 09, 2021 (AFP)

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in...

China's factory gate prices hit 13-year high in August

Sep 09, 2021 (AFP)

The producer price index (PPI), which measures the cost of goods at the factory gate, rose to 9.5 percent last month from 9.0 percent in July, the National Bure...

US and EU to seek harmony on big tech regulation

Sep 09, 2021 (AFP)

The creation of an EU-US tech council was agreed at a summit in June and its work begins as both sides are drawing up laws that could profoundly change the ways...

Asian markets hit by recovery worries as tech drags Hong Kong

Sep 09, 2021 (AFP)

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in...

Asian markets dragged down as Delta, profit-taking offset rebound hope

Sep 08, 2021 (AFP)

Profit-taking added to the caution with some of the wind appearing to have come out of buyers' sails, having pushed valuations up for more than a week. While th...

Asian markets mixed as Delta, profit-taking offset recovery hope

Sep 08, 2021 (AFP)

Profit-taking added to the cautious start to the day with some of the wind appearing to have come out of buyers' sails, having pushed valuations up for more tha...

Google see the future of work as 'hybrid'

Sep 08, 2021 (AFP)

The internet titan competes with Microsoft, Zoom, Facebook and others with online services that employees can use to collaborate remotely. Tech giants turned to...

China developer Evergrande suffers second downgrade in two days

Sep 08, 2021 (AFP)

The Hong Kong-listed firm has run up a mountain of liabilities totalling more than $300 billion after years of borrowing to fund rapid growth and a string of re...

China trade enjoys forecast-beating surge in August

Sep 07, 2021 (AFP)

The figures follow a recent spate of weak numbers that had suggested the recovery in the world's second-biggest economy was flattening owing to a spike in the D...

Asian markets mostly rise after Wall St record with eye on jobs

Sep 03, 2021 (AFP)

The broad gains put the region on course to end a strong week on a positive note as concerns about the fast-spreading Delta variant, which weighed on confidence...

Alibaba shares slide after $15 bn 'prosperity' pledge

Sep 03, 2021 (AFP)

Xi last month urged China's wealthiest companies and entrepreneurs to strengthen philanthropy efforts and "give back to society", in order to redistribute wealt...

Asian markets mixed as early rally dented by latest China move

Sep 02, 2021 (AFP)

While Wall Street provided a tepid lead, the day got off to a good start with equities extending a recent rally as investors prepared themselves for the release...

Asian markets fluctuate as traders weigh recovery against Delta

Sep 01, 2021 (AFP)

China's drive to tighten its grip on the world's number two economy with a swathe of new regulations for private enterprises is also weighing on sentiment, whil...

Asian markets drop as upbeat Fed gives way to Delta, China

Aug 31, 2021 (AFP)

The positive energy stoked by a pledge from Federal Reserve boss Jerome Powell to be cautious in withdrawing the bank's vast financial support appeared to have ...

China's services sector contracts in August after lockdowns

Aug 31, 2021 (AFP)

The non-manufacturing Purchasing Managers' Index (PMI), a key gauge of activity in China's services and construction sectors, fell to 47.5 in August from July's...

Asian markets mostly rise as Fed's Powell takes centre stage

Aug 27, 2021 (AFP)

The positive start to the day came as traders brushed off a drop on Wall Street, though sentiment was jolted by geopolitical concerns after a suicide attack at ...