TRADE WARS

News About World Trade

7,281 articles

China factory activity slows in October amid trade war woes
Oct 31, 2018 (AFP)
The Purchasing Managers' Index (PMI), a key gauge of factory conditions, came in at 50.2 for the month, down from 50.8 in September, the National Bureau of Stat...
Standard Chartered profits up by quarter in January-September
Oct 31, 2018 (AFP)
The results come as the world's top two economies have imposed a series of tit-for-tat tariffs on each other's goods, fuelling fears of a shock to the global sy...
HSBC profits up 28% at $5.9 bn in third quarter
Oct 29, 2018 (AFP)
Adjusted pre-tax profit rose 16 percent year-on-year to $6.2 billion, reflecting revenue growth that was partly offset by a rise in operating expenses, the bank...
Switzerland's Richemont, China's Alibaba team up
Oct 26, 2018 (AFP)
Under the deal, Richemont's online unit Yoox-net-a-porter and Alibaba will set up a joint venture with two mobile phone applications -- Net-a-Porter and Mr Port...
Deutsche Post sells off Chinese supply chain business
Oct 26, 2018 (AFP)
The deal will see Chinese firm SF Holding -- a national and international logistics firm -- pay 5.5 billion yuan ($791 million, 697 million euros) for the opera...
Pompeo says US to fight China 'empire' of 'bribes'
Oct 26, 2018 (AFP)
As tensions led by trade disputes soar between China and President Donald Trump's administration, the United States has increasingly warned developing nations, ...
China leads the way as world's billionaires get even richer
Oct 26, 2018 (AFP)
Billionaires' wealth enjoyed its "greatest-ever" increase in 2017, rising 19 percent to $8.9 trillion ($7.8 billion euros) shared among 2,158 individuals, said ...
Trade ministers, without US and China, call for urgent WTO reforms
Oct 25, 2018 (AFP)
The group made a veiled appeal to the United States to stop blocking appointments to WTO dispute resolution panels, warning the system will otherwise collapse s...
Japan PM heads to China looking for economic common ground
Oct 23, 2018 (AFP)
The visit is the first by a Japanese premier since 2011 and is part of a years-long process of repairing ties in the wake of a disastrous falling-out in 2012, w...
Swiss bank UBS says 'business as usual' in China
Oct 23, 2018 (AFP)
The wealth manager, who focuses on China, delayed her return from Beijing to Singapore last week after she was asked to meet with local officials on an unknown ...
China regulators deliver rare joint pep talk for worried markets
Oct 19, 2018 (AFP)
The timing of the rare intervention by the heads of the central bank, securities commission and banking regulator -- in interviews with Chinese media -- comes a...
China launches full-throated bid to boost confidence in stocks
Oct 19, 2018 (AFP)
The intervention by Vice Premier Liu He and heads of the central bank and securities and banking regulators comes amid a bruising stock downturn and the release...
Khashoggi crisis shines light on Saudi ties to Silicon Valley
Oct 19, 2018 (AFP)
Saudi money has been a key source of capital for startups and other technology firms in recent years, led by the huge Saudi sovereign wealth arm known as the Pu...
Chinese Q3 growth hits nine-year low as debt, trade row drag
Oct 19, 2018 (AFP)
The reading will likely put pressure on Beijing to provide fresh support as investors grow increasingly concerned about the economic outlook, while the yuan and...
US tariffs trigger WTO spat escalation
Oct 19, 2018 (AFP)
Washington is meanwhile calling the WTO to investigate a number of retaliatory duties imposed by a range of countries, the agenda for the next meeting of the or...
Asia-Pacific finance ministers fret over US-China spat
Oct 18, 2018 (AFP)
In a statement, finance ministers meeting in Port Moresby said risks to the global economy had increased thanks to "heightened trade and geopolitical tensions",...
China's economic growth slows in Q3: AFP poll
Oct 17, 2018 (AFP)
The world's second largest economy expanded by 6.5 percent in the July to September period, the poll of 12 economists found ahead of the official release of gro...
China not manipulating currency but lacks transparency, US says
Oct 17, 2018 (AFP)
In putting Beijing and five other US trading partners on notice, the Treasury again refrained from escalating a fight over China's currency as US President Dona...
Global trade wars risk 'millions of jobs': WTO chief
Oct 17, 2018 (AFP)
US President Donald Trump is locked in a trade war with China, rolling out billions of dollars in tariffs in a bid to tackle its trade deficit and rein in what ...
Trump plans US exit from international postal treaty
Oct 17, 2018 (AFP)
The United States intends to exit the system of setting postal rates for smaller packages under the Universal Postal Union "as soon as practical" and no later t...
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