TRADE WARS - INDO DAILY

Asia stocks track US rally as recovery hopes trump inflation fear

Mar 16, 2021 (AFP)

News that several European countries had stopped administering the AstraZeneca vaccine on safety fears, dealing a blow to the continent's already stuttering ino...

China industrial output, retail sales surge in pandemic rebound

Mar 15, 2021 (AFP)

Industrial production spiked a forecast-busting 35.1 percent on-year, the biggest bounce in decades, while retail sales also beat expectations with 33.8 percent...

Most Asia markets track Wall St record as Biden signs stimulus

Mar 12, 2021 (AFP)

Less than two months after taking office, the new president on Thursday put his name to the $1.9 trillion rescue plan that paves the way for a spending splurge ...

Australia's Cormann voted OECD head to dismay of green groups

Mar 12, 2021 (AFP)

The 50-year-old Belgian-born politician was chosen "by a slim majority" during a meeting of ambassadors to the OECD, which acts as a think-tank and club of demo...

Asia markets track Wall St record as inflation fears ease

Mar 11, 2021 (AFP)

Investors were given a positive lead from Wall Street, where the Dow ended at a new record, helped by news that Joe Biden's stimulus had cleared its last hurdle...

China's Baidu plans $3.6 billion Hong Kong listing

Mar 11, 2021 (AFP)

Nasdaq-listed Baidu, which said in a filing that it plans to sell 95 million shares for as much as HK$295 ($38.01) per share, is set to become the latest Chines...

China factory prices rise as industries recover from pandemic

Mar 10, 2021 (AFP)

The producer price index (PPI), which measures the cost of goods at the factory gate, rose 1.7 percent last month according to data from the National Bureau of ...

Asian markets up but inflation fears keep traders in check

Mar 10, 2021 (AFP)

With Joe Biden's $1.9 trillion handout-rich stimulus on the cusp of being passed, focus on trading floors for weeks has been on the impact of an expected spendi...

Chinese demand boosts German exports in January

Mar 09, 2021 (AFP)

Exports rose 1.4 percent month-on-month in seasonally adjusted figures, federal statistics office Destatis said. Imports slumped 4.7 percent, widening Germany's...

NGOs slam OECD candidate's 'terrible' climate record

Mar 08, 2021 (AFP)

More than two dozen global civil society leaders have written to the OECD's selection chair to draw attention to what they say are former finance minister Mathi...

China exports spike to highest in decades after Covid-19 hit

Mar 07, 2021 (AFP)

Electronics and textile exports such as masks contributed to the spike in outbound shipments, as demand for work-from-home supplies and protective gear against ...

Swiss approve Indonesia free trade deal

Mar 07, 2021 (AFP)

Controversy surrounding the importation of Indonesian palm oil and its sustainability fuelled enough concern in Switzerland to trigger a public vote on the agre...

China to intensify supervision of booming fintech sector

Mar 05, 2021 (AFP)

Beijing has in recent months looked to rein in its booming financial technology companies to address a worrying debt mountain in the country, while also deflati...

Asia markets track Wall St plunge as rate hike fears grow

Mar 05, 2021 (AFP)

While the rollout of vaccines, slowing infections, easing of lockdowns and an imminent new stimulus are breathing life back into economies, investors are increa...

China sets growth target of 'above 6%' for 2021

Mar 05, 2021 (AFP)

The goal comes after the world's number two economy suffered its slowest rate of expansion in four decades because of the strict containment measures and as the...

China says wants economy to grow over 6% in 2021

Mar 05, 2021 (AFP)

The global growth powerhouse stuttered in 2020, logging its slowest expansion in four decades as strict virus containment measures at home collided with a freez...

Asia markets resume losses as inflation fears take hold again

Mar 04, 2021 (AFP)

After a year-long rally across the planet and with light at the end of the pandemic tunnel, focus is now on the expected surge in activity as lockdowns are ease...

Hong Kong removed from economic freedom ranking it once dominated

Mar 04, 2021 (AFP)

The announcement is a reputational blow for Hong Kong and comes as Beijing ramps up its bid to quash dissent after huge and sometimes violent pro-democracy demo...

No tills? No problem. Amazon opens 'contactless' UK grocery store

Mar 04, 2021 (AFP)

Customers at Amazon Fresh in Ealing Broadway shopping centre in west London queued outside the black and green storefront under social distancing measures to be...

Germany to fine companies violating rights

Mar 03, 2021 (AFP)

Under the law approved by Chancellor Angela Merkel's cabinet, companies with annual revenues of 400 million euros ($484 million) or more can be fined up to two ...