TRADE WARS - INDO DAILY

Keep tariffs on China, outgoing US trade chief says

Jan 11, 2021 (AFP)

In an interview with The Wall Street Journal, US Trade Representative (USTR) Robert Lighthizer defended the Trump administration's tactics of slapping tariffs o...

Asia markets mixed, dollar rises as Biden's pledges huge stimulus

Jan 11, 2021 (AFP)

With vaccines being rolled out around the world and key risk events including the US election, Georgia senate runoffs and Brexit now out of the way, observers s...

China enacts rules to counter 'unjustified' foreign laws

Jan 09, 2021 (AFP)

The rules aim at "protecting the legitimate rights and interests" of Chinese people and companies, and safeguarding the country's interests, said the commerce m...

Samsung Electronics forecasts 25.7% jump in Q4 operating profit

Jan 08, 2021 (AFP)

The world's biggest manufacturer of smartphones and memory chips said in an earnings estimate that it expected operating profit of 9 trillion won ($8.23 billion...

US suspends tariffs on French goods in digital tax dispute

Jan 07, 2021 (AFP)

The punitive levies were due to take effect Wednesday, but USTR held off citing ongoing investigations of similar measures "adopted or under consideration in 10...

Last HK governor urges EU rethink on 'miserable' China pact

Jan 06, 2021 (AFP)

The arrests in Hong Kong were the latest salvo in Beijing's battle to stamp out opposition in the semi-autonomous business hub, which was controlled by Britain ...

UK's Marks and Spencer to ban Xinjiang cotton over Uighur 'abuses'

Jan 06, 2021 (AFP)

In a statement on its website, the group said it had become "one of the first companies to formally sign the call to action on human rights abuses" in relation ...

Pompeo calls EU-China investment deal 'weak'

Jan 05, 2021 (AFP)

"As we stared at it, it was a weak agreement. It didn't protect the European workers from the predation of the Chinese Communist Party," Pompeo told the Bloombe...

Apple ties exec bonuses to social, environmental values

Jan 05, 2021 (AFP)

The change taking effect this year is intended to motivate Apple executives "to meet exceptionally high standards of values-driven leadership in addition to del...

Hopes for recovery help markets start new year with a pop

Jan 04, 2021 (AFP)

With uncertainty over Brexit and a new US stimulus gone, sights are now on the economic recovery from the calamity that was 2020, with a broad expectation that ...

New York stock exchange delists Chinese telecoms firms

Jan 01, 2021 (AFP)

It comes as relations between the world's two biggest economies spiral downwards over sore points ranging from trade and the coronavirus to Hong Kong and Xinjia...

China's December factory activity slows, recovery on track

Dec 31, 2020 (AFP)

While the rest of the world has struggled to overcome the deadly virus, China has bounced back from a rare contraction in the first three months of the year and...

Sterling extends gains, markets mixed as traders see out 2020

Dec 31, 2020 (AFP)

While the world economy has been devastated by the coronavirus and lockdowns it has caused, markets have enjoyed a broadly healthy year thanks to governments an...

Europe and China end pandemic-hit year with investment deal

Dec 30, 2020 (AFP)

The pact is seen as a boost for investment flows for both sides in a pandemic-hit global economy and a key political win for China ahead of US president-elect J...

EU to get China investment deal despite rights worries

Dec 29, 2020 (AFP)

EU and Chinese leaders are expected to strike an accord in principle on the pact, which Brussels hopes will open up lucrative business opportunities, on Wednesd...

Iran warns Israel not to cross Gulf 'red lines'

Dec 28, 2020 (AFP)

Foreign ministry spokesman Saeed Khatibzadeh stressed the Islamic republic would defend itself against any American military "adventure" in the runup to the Jan...

China orders Ant Group to return to online payment roots

Dec 28, 2020 (AFP)

China's central bank summoned Ant executives over the weekend and demanded the company "strictly rectify" its lending, insurance and wealth management services,...

Australian lobster sector claws back trade after China ban

Dec 27, 2020 (AFP)

Australia's rock lobster exports are worth half a billion US dollars a year -- and in normal times, 94 percent of them go to China. But all that changed a few w...

European businesses hopeful of China-EU investment deal

Dec 26, 2020 (AFP)

The China-EU Comprehensive Agreement on Investment has been in the works for seven years, and is expected to pave the way for European businesses to invest in f...

Channel logjam eases for truckers blocked in Britain

Dec 25, 2020 (AFP)

"Yesterday, we had 1,000 lorries cross over from Dover. As of 10:00 am (0900 GMT) we already had 550 lorries from Britain," Benoit Rochet, head of the Calais po...