TRADE WARS - INDO DAILY

China factory activity slows in July, hit by extreme weather

Jul 31, 2021 (AFP)

The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity in the world's second-largest economy, dropped to 50.4 in July from June's 50.9, the...

US requires more disclosure from Chinese firms amid Beijing's crackdown

Jul 30, 2021 (AFP)

The announcement comes in the wake of Beijing's recent steps to tighten the leash on major corporations in entertainment, ride-hailing, education and online sho...

Asian markets rally after Fed meeting, led by Hong Kong surge

Jul 29, 2021 (AFP)

Traders were also cheered by progress in Washington on President Joe Biden's trillion-dollar infrastructure bill, which he has said could "transform America" an...

Asian markets mostly down on China worries after Wall St drop

Jul 28, 2021 (AFP)

Hong Kong and Shanghai were in focus after suffering a diabolical previous three days in the wake of Beijing unveiling a series of measures aimed at curbing a r...

Amazon eyes cryptocurrency but not poised for Bitcoin

Jul 26, 2021 (AFP)

City AM cited as unnamed insider as saying Amazon would start taking cryptocurrency, citing a recent job posting by the company for someone with digital currenc...

Asian markets struggle to match Wall St gains as rally fades

Jul 23, 2021 (AFP)

Wall Street's three main indexes closed near new records Thursday, fuelled by better-than-expected corporate reports and a seemingly unbreakable optimism about ...

Asian markets extend global rally as earnings trump virus worries

Jul 22, 2021 (AFP)

After a painful start to the week, investors were back in the saddle as Wall Street and Europe enjoyed back-to-back rallies thanks to optimism about the outlook...

Nasdaq, large banks unveil exchange for private stock sales

Jul 20, 2021 (AFP)

The spin-off of Nasdaq Private Market will allow private stock trades and comes as many companies have opted to stay in private hands longer before entering pub...

Asia builds on global retreat as Delta fears deepen

Jul 20, 2021 (AFP)

Investors have been rattled in recent weeks by data showing the highly transmissible virus surging across the world, forcing some governments to reimpose contai...

Asian markets drop on fresh inflation, virus worries

Jul 19, 2021 (AFP)

Hong Kong was the worst hit after the United States warned businesses about the "growing risks" of operating in the city as China tightens its grip, raising con...

US warns of 'growing risks' for business in blow to Hong Kong

Jul 16, 2021 (AFP)

The United States also imposed sanctions on seven more Chinese officials in Hong Kong as it vowed there would be a price for Beijing's imposition of a draconian...

Asian markets retreat on growth, virus concerns

Jul 16, 2021 (AFP)

Fed Chair Jay Powell reiterated the central bank's plan to maintain stimulus initiatives until the economy fully recovers while Treasury Secretary Janet Yellen ...

Bank of Japan revises down GDP forecast, details green fund

Jul 16, 2021 (AFP)

The central bank kept its key monetary easing measures unchanged, and maintained its longstanding two-percent inflation target, which remains far off despite ye...

China growth slows to 7.9% in second quarter

Jul 15, 2021 (AFP)

The world's second-largest economy has staged a rapid recovery from last year's slump caused by the coronavirus pandemic, but its pace is losing steam with manu...

China growth slows to 7.9% in second quarter in Covid recovery

Jul 15, 2021 (AFP)

The world's second-largest economy has staged a rapid recovery from last year's slump caused by the coronavirus pandemic, but its pace is easing with manufactur...

WTO optimistic after fisheries meet, but 'gaps' remain

Jul 15, 2021 (AFP)

"It's been a successful day," WTO chief Ngozi Okonjo-Iweala told reporters at the close of the full-day virtual meeting of trade ministers from nearly 130 count...

Asian markets fall on virus fears

Jul 09, 2021 (AFP)

Japan's decision to ban fans from most Olympic events, with Tokyo hosting the pandemic-postponed Games under a virus state of emergency, has heightened fears ov...

China inflation eases on the back of falling meat prices

Jul 09, 2021 (AFP)

The world's second largest economy has largely bounced back from the coronavirus hit, and factory gate inflation began to ease last month after surging at the h...

Asian markets down on fears about recovery, China tech crackdown

Jul 07, 2021 (AFP)

Oil prices briefly spiked Tuesday before falling after the latest talks by OPEC+ crude producers fell apart, ending negotiations on a proposal to boost crude su...

China deepens crypto crackdown with central bank warning

Jul 06, 2021 (AFP)

Beijing has turned a sharp eye on cryptocurrency in recent months as it widens its regulatory crackdown on the tech sector. Cryptocurrency trading is banned in ...