TRADE WARS - INDO DAILY

Asian equities advance but inflation, correction worries persist

Mar 03, 2021 (AFP)

News of more vaccines coming on line and being rolled out, the expected passage of Joe Biden's stimulus package, slowing infection rates and easing lockdowns ar...

Biden administration pledges to stand firm against China trade abuses

Mar 01, 2021 (AFP)

In addition, Biden's trade team will seek to repair relations with allies, and defend US workers, according to the 2021 President's Trade Agenda submitted to Co...

Asia markets stage rebound after last week's rout

Mar 01, 2021 (AFP)

However, observers warned that trading floors were still gripped by fears the expected global economic recovery will fuel inflation and force a hike in interest...

China factory activity grows at slowest pace in 9 months

Feb 28, 2021 (AFP)

The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, fell to 50.6 last month from 51.3, said the National Bureau of Statistics, with slo...

Chinese investment in Australia plunges as relations sour, virus bites

Feb 28, 2021 (AFP)

The reading marks the fourth straight drop and is just a fraction of the $13 billion injected into the country in 2016, with Canberra growing increasingly wary ...

US trade pick Tai defends use of tariffs

Feb 25, 2021 (AFP)

She also stressed that she would aim to repair trade relations with American allies which suffered under the "America First" hardline policies of former preside...

New York shuts cryptocurrency exchanges which hid losses

Feb 24, 2021 (AFP)

State Attorney General Letitia James said the agreements this week with Bitfinex and Tether would end all trading activity with New Yorkers and require penaltie...

Chinese court orders man to pay ex-wife for housework in landmark ruling

Feb 24, 2021 (AFP)

Under the country's new civil code, which came into effect this year, divorcing spouses have the right for the first time to request compensation if they bore m...

WTO to rule on US ban on 'Made in Hong Kong' label

Feb 22, 2021 (AFP)

The WTO's Dispute Settlement Body accepted a second request from Hong Kong to establish a panel "to rule on US origin-marking requirements for goods", a Geneva ...

Canada rejects argument Trump 'poisoned' Chinese exec's extradition case

Feb 19, 2021 (AFP)

And they have asked a Canadian judge not to even hear those arguments about Trump when the proceedings resume next month. Meng's lawyers were expected to challe...

EU to push greener trade policy, WTO reform

Feb 18, 2021 (AFP)

The new thinking on EU trade policy came with hopes in Brussels for deeper cooperation with the Biden Administration in the US after four years of fractious tie...

Most Asian markets down on profit-taking but optimism remains

Feb 17, 2021 (AFP)

However, analysts said that while equities have room for a drop, the general view is that they will resume their strong upward march as vaccine rollouts, slowin...

After record Hong Kong property sale, what else will $59m get you?

Feb 17, 2021 (AFP)

Spanning 3,378 square feet, the five-bedroom penthouse sold this week for HK$459.4 million ($59.3 million). That means each square foot of the apartment in the ...

Equities rally on pandemic recovery, US stimulus optimism

Feb 16, 2021 (AFP)

Oil also held on to gains around 13-month highs as a severe cold snap in Texas combined with expectations of a surge in demand in line with the reopening of eco...

China overtakes US as EU's biggest trading partner

Feb 15, 2021 (AFP)

Britain meanwhile, which is no longer part of the European Union, was the third-largest trading partner for the bloc, behind China and the United States, the ag...

German govt agrees draft law to fight labour abuses abroad

Feb 12, 2021 (AFP)

Labour Minister Hubertus Heil called the proposed law a "historic breakthrough" that would respect human rights and prevent exploitation. He said it would prote...

Canada authorizes first exchange-traded bitcoin fund

Feb 12, 2021 (AFP)

The Ontario Securities Commission gave Purpose Investments Inc. the nod to roll out the Purpose Bitcoin ETF (exchange-traded fund) on the Toronto Stock Exchange...

UK urges G7 action on Covid recovery, climate, tech tax

Feb 12, 2021 (AFP)

Finance minister Rishi Sunak and Bank of England governor Andrew Bailey hosted their counterparts from Canada, France, Germany, Italy, Japan and the United Stat...

Markets, oil drop in Asia but bitcoin targets $50,000

Feb 12, 2021 (AFP)

Oil prices also retreated from their 13-month highs after investors were given a reality check on expectations for demand this year, despite expectations the gl...

Asia markets slip as dealers take breath in holiday-thinned trade

Feb 11, 2021 (AFP)

Trading was thinned by holidays in major markets, notably Chinese New Year, which will see most of the region closed for several days. Global risk assets have b...