TRADE WARS

News About World Trade

7,281 articles

China factory activity nudges down on slower demand, services strong
May 31, 2021 (AFP)
The Purchasing Managers' Index (PMI), a key gauge of China's manufacturing activity, was 51.0 -- slightly down from 51.1 in April but above the mark separating ...
Asian markets mixed as traders await fresh catalysts
May 31, 2021 (AFP)
Still, despite worries that the expected surge in economic activity this year will send prices soaring and force central banks to tighten monetary policy, a for...
New Zealand, Australia play down differences on China
May 31, 2021 (AFP)
Ardern's government has taken flak over its meek criticisms of China's rights record, while Australia's more outspoken position has drawn punitive trade measure...
US blocks imports from Chinese fishing firm Dalian Ocean
May 28, 2021 (AFP)
The Customs and Border Protection issued a "withhold release order" on any products from Dalian Ocean shipped to the United States, meaning importers cannot tak...
Asian markets extend gains as recovery gathers pace
May 28, 2021 (AFP)
There was also some cheer from reports that Joe Biden is planning a $6 trillion budget proposal for later in the day that includes his vast infrastructure deal ...
Equity markets mixed as rally stalls, inflation casts shadow
May 27, 2021 (AFP)
The rollout of vaccines, reopening of economies, trillions of dollars in stimulus and central bank largesse have combined to fuel a rally in world equities sinc...
HSBC to exit US retail banking sector
May 27, 2021 (AFP)
The London-headquartered, Asia-focused giant intends to "focus on the banking and wealth management needs of globally connected affluent and high net worth clie...
Top China, US trade officials hold 'candid' first talks
May 27, 2021 (AFP)
Trade relations between the two will be a major plank in the new US leader's foreign and economic policy as he looks to maintain the pressure on China imposed b...
China urges France to push for EU investment deal
May 27, 2021 (AFP)
The European Union and China approved a major investment pact late last year, after seven years of painstaking negotiations, thanks to a final push by Germany. ...
Asian, European markets advance as inflation fears wane
May 26, 2021 (AFP)
After rallying for more than a year, equities have in recent months been jolted by fears that a forecast surge in economic activity -- fuelled by reopenings, st...
Bangladesh joins China, SKorea bailing out Sri Lanka; Bejing firms bag highway contracts
May 26, 2021 (AFP)
The central bank of Bangladesh on Tuesday approved a $250 million deal -- its first currency swap -- after Sri Lanka appealed for help to shore up its foreign r...
Goldman Sachs obtains China license for asset management venture
May 25, 2021 (AFP)
The venture, owned 51 percent by Goldman's asset management division and 49 percent by a subsidiary of the state-owned Industrial and Commercial Bank of China, ...
Amazon hit with antitrust suit in US capital city
May 25, 2021 (AFP)
The suit filed by the office of Attorney General Karl Racine alleges that Amazon's control of 50 to 70 percent of US e-commerce sales results in higher consumer...
Asian markets rally as inflation fears ease
May 25, 2021 (AFP)
Bitcoin also held gains after another wild day, thanks to a supportive tweet from tycoon Elon Musk that offset fresh Chinese warnings of a crackdown on cryptocu...
China slams EU's 'confrontational approach' after trade deal blocked
May 21, 2021 (AFP)
Foreign ministry spokesman Zhao Lijian said Beijing's sanctions were a "necessary and justified response" to previous EU measures against Chinese officials over...
Ardern spends big in New Zealand's 'recovery' budget
May 20, 2021 (AFP)
The centre-left leader -- who faced criticism before last year's election for her cautious approach to implementing change -- announced major funding boosts to ...
Asian markets mixed after Fed taper talk, bitcoin stablises
May 20, 2021 (AFP)
Bitcoin stabilised somewhat after Wednesday's wild gyrations that saw it collapse almost a third in one day before recovering most of its losses. Global equitie...
EU parliament blocks China investment deal over sanctions
May 20, 2021 (AFP)
According to the resolution, the parliament, which must ratify the deal, "demands that China lift the sanctions before Parliament can deal with the Comprehensiv...
Hopefuls for Merkel's crown diverge on China, Russia
May 19, 2021 (AFP)
Merkel's conservatives with their candidate Armin Laschet, 60, and the Greens' challenger, Annalena Baerbock, 40, are neck-and-neck in the polls four months bef...
Asian markets hit by volatility, oil down on Iran nuclear reports
May 19, 2021 (AFP)
Bitcoin was also taking another beating after China's central bank said cryptocurrencies cannot be used for payments, adding to the unit's woes after recent com...
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