TRADE WARS - INDO DAILY

IMF's Georgieva: US-China truce 'not good enough'

Oct 17, 2019 (AFP)

"It's really good news that the US and China are talking to each other," she told reporters at the start of the International Monetary Fund annual meeting. But ...

US-China trade mini-deal being 'papered': Trump

Oct 17, 2019 (AFP)

"It hasn't been papered yet but it is being papered," Trump told reporters at the White House. He insisted that China had already bought $40 to $50 million wort...

Legal basis absolute prerequisite for digital monies; As G7 seeks common stance

Oct 17, 2019 (AFP)

In a new report on stablecoins -- a type of digital currency backed by reserves assets -- the G7 also urged regulators to coordinate their work to prevent issue...

Macron, Merkel meet to harmonise positions before EU summit

Oct 16, 2019 (AFP)

Macron goes into the two-day meeting in Brussels starting Thursday still smarting from the rejection of his pick for European commissioner, Sylvie Goulard. The ...

Sterling stands firm as Brexit hopes build, equities rise

Oct 16, 2019 (AFP)

The sterling surged Tuesday as negotiators voiced optimism that they could strike an agreement that would avoid Britain crashing out of the EU at the end of the...

China's GDP growth slows to 6% in third quarter: AFP poll

Oct 16, 2019 (AFP)

Gross domestic product (GDP) figures due on Friday are expected to show that the Chinese economy expanded 6.0 percent in July-September, compared with 6.2 perce...

Pound rallies as EU's Barnier fans Brexit deal hopes

Oct 15, 2019 (AFP)

With the exit deadline on October 31, Michel Barnier's comments reinforced hopes for an eventual agreement between the two sides and came after reports said a c...

China sees 'no difference' with US on trade deal

Oct 15, 2019 (AFP)

On Friday, Trump said after talks in Washington with Vice Premier Liu He that the two sides had reached an initial agreement, but while Beijing said progress wa...

APEC finance ministers express 'moderate' hope over US-China trade deal

Oct 15, 2019 (AFP)

For the last 18 months the world's two largest economies have been embroiled in a trade spat that saw tariffs placed on hundreds of billions of dollars' worth o...

China inflation surges as pork prices soar

Oct 15, 2019 (AFP)

Authorities have gone as far as tapping the nation's pork reserve to control prices of the staple meat, as the swine fever crisis could become a political and e...

IMF trims 2019 China growth forecast as US tariffs bite

Oct 15, 2019 (AFP)

The knock-on effects of the tariffs row and China's slowing economy also prompted the International Monetary Fund to lower the economic outlook of other advance...

China wants centralised digital currency after bitcoin crackdown

Oct 15, 2019 (AFP)

Far from the libertarian ideals of cryptocurrencies, whose anonymity allows users to buy and sell without leaving a digital trail, China's mooted e-cash system ...

US, China trade talks continue this week: Mnuchin

Oct 14, 2019 (AFP)

President Donald Trump, beset with an impeachment inquiry and criticism over his foreign policy, on Friday hailed the breakthrough agreement, but said it would ...

China imports, exports down in September as growth cools

Oct 14, 2019 (AFP)

Globally, China's exports dropped 3.2 percent in September from the same period last year, while imports dived 8.5 percent, according to data from the customs a...

Property investors turn to SE Asia amid Hong Kong unrest

Oct 13, 2019 (AFP)

Millions have taken to the streets during four months of pro-democracy demonstrations in the southern Chinese city, hammering tourism while also forcing busines...

Trump again touts partial trade deal with China

Oct 12, 2019 (AFP)

"WOW, the Farmers really hit pay dirt," Trump tweeted. Friday's initial agreement, which marks a halt in the 18-month trade war, calls for a huge increase in Ch...

More companies back away from Facebook's Libra coin

Oct 11, 2019 (AFP)

Credit card giants Visa and Mastercard, online marketplace eBay and digital payments firm Stripe each announced they had changed their minds about being foundin...

China sets timetable to end finance ownership caps

Oct 11, 2019 (AFP)

Foreign firms would be allowed to own a controlling share of futures companies from January 1, 2020 and mutual funds from April 1, 2020, reported Shanghai Secur...

Amid acrimony and low expectations, US-China trade talks to resume

Oct 10, 2019 (AFP)

Trump announced on Twitter he plans to meet Friday with Vice Premier Liu He, who is leading the Chinese delegation as officials returned to the negotiating tabl...

Trump to meet China envoy, lifting hopes for trade talks

Oct 10, 2019 (AFP)

As senior officials returned to the negotiating table on Thursday amid a blitz of aggressive US maneuvers, Trump said on Twitter that he would meet Friday with ...