TRADE WARS - INDO DAILY

Sri Lanka to open up Chinese-backed 'port city', offer tax breaks

Nov 17, 2020 (AFP)

Colombo Port City -- a $1.4 billion land reclamation project beside the capital's port which started in 2014 -- has doubled the size of Sri Lanka's current fina...

Vaccine hopes help push Asian equities higher

Nov 16, 2020 (AFP)

However, while there is growing expectation a treatment will be available in the new year, gains were tempered by worries about a spike in the disease in the US...

China's consumer spending picks up in October

Nov 16, 2020 (AFP)

Although China has largely brought the coronavirus under control, spending has been slower to recover as the world still grapples with the impact of the pandemi...

Airbnb says sharing model proved 'resilient' amid pandemic

Nov 16, 2020 (AFP)

Japan finds luring business from Hong Kong may be tough

Nov 15, 2020 (AFP)

"I want to make Tokyo Asia's number one financial city," Governor Yuriko Koike said in October, as the Japanese capital opened an information centre in Hong Kon...

World's largest free trade agreement signed in coup for China

Nov 15, 2020 (AFP)

The Regional Comprehensive Economic Partnership (RCEP) includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia, wi...

Asia markets take fresh hit as virus surge trumps vaccine hope

Nov 13, 2020 (AFP)

The rally fuelled by excitement over a possible vaccine before 2021 and relief at Joe Biden's US election win has given way to the reality that while there is l...

Shoppers shrug off pandemic, pollution ahead of India's biggest festival

Nov 12, 2020 (AFP)

Shoppers looking for food and last-minute gifts before the Diwali festival of lights said they were fed up with being cooped up, no matter the deadly threats ar...

China confirms ban on some Australian timber imports

Nov 12, 2020 (AFP)

Beijing -- Australia's biggest trade partner -- has threatened economic blowback since Canberra called for an inquiry into the Covid-19 pandemic, and has alread...

China inflation dips to 11-year low as pork stocks rise

Nov 10, 2020 (AFP)

The cost of pork -- a staple meat in the world's second-largest economy -- has been edging down after rocketing last year when an African swine fever outbreak r...

Asia markets extend global rally on vaccine hope

Nov 10, 2020 (AFP)

Wall Street and European shares soared with oil prices while safe-haven assets tumbled Monday when US pharmaceutical giant Pfizer and its German partner BioNTec...

China's luxury shoppers call in the tidy teams

Nov 09, 2020 (AFP)

"How did you find this?" the 32-year-old asked the crack team of "home organisers" who unearthed the jacket from a heap of clothes pulled from her closet in a s...

German exports rise again in Sept as China demand soars

Nov 09, 2020 (AFP)

Exports grew 2.3 percent month-on-month, after a 2.4 percent rise in August, federal statistics agency Destatis said in seasonally adjusted figures. Imports fel...

Apps win, labor frets after Uber-led 'gig worker' measure passes

Nov 08, 2020 (AFP)

Rideshare and delivery apps matching tasks with those willing to perform them as independent contractors sidestepped a labor law with the passage of Proposition...

China exports remain strong in October, import growth slows

Nov 07, 2020 (AFP)

Inbound shipments, however, cooled after a surge in September -- with analysts expecting that a drop in import prices weighed on headline numbers. Although the ...

European gloom outweighs China boom for Richemont

Nov 06, 2020 (AFP)

Richemont, which counts Cartier among its brands and is ranked second only to French giant LVMH in the luxury industry, saw profits slump by 82 percent in the s...

Ant Group fiasco reflects battle for China's financial soul

Nov 05, 2020 (AFP)

Global markets were stunned Tuesday when Ant's record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of the fast-growing...

Mexico agrees to monitor specialized steel exports to US

Nov 05, 2020 (AFP)

"From the fourth quarter of 2020 onward, Mexico will closely monitor shipments of these products to the United States," the US Trade Representative said in a st...

Asian markets rally as stimulus hope trumps vote worries

Nov 05, 2020 (AFP)

Traders brushed off Donald Trump's claims of fraud and calls to stop vote-counting by calling in lawyers, instead taking heart from the failure of a Democratic ...

US vote result won't impact trade with Europe, France says

Nov 04, 2020 (AFP)

"Let's not kid ourselves: The United States has not been a friendly partner to European states for several years now," Bruno Le Maire told Radio Classique. "Whe...