TRADE WARS - INDO DAILY

BHP Billiton: Trade tensions are 'exceedingly unhelpful'

Aug 21, 2018 (UPI)

Global markets have been upended by U.S. trade measures targeting China, Europe and North American economies. Implemented to boost domestic economic sectors, ta...

Malaysia PM calls for China's help with fiscal problems

Aug 20, 2018 (AFP)

The 93-year-old leader, who returned for a second stint as premier following a shock election win in May, has railed against a series of deals struck with Chine...

Tariffs, tariff threats, talks: Trump faces key week on trade

Aug 20, 2018 (AFP)

US and Chinese officials will simultaneously hold talks in an effort to defuse the dispute. In addition, US negotiators will continue talks with Mexico aimed at...

China, US to resume trade talks in late August

Aug 16, 2018 (AFP)

Beijing and Washington have slapped tariffs on tens of billions of dollars worth of each other's goods since they held their last high-level meeting in June, ra...

Hong Kong spends $2bn to defend currency peg

Aug 16, 2018 (AFP)

The intervention -- which began Wednesday and was the latest in a series of moves to support the currency this year -- comes as the US dollar rockets on the bac...

China data shows economic momentum flagging

Aug 14, 2018 (AFP)

Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports towards personal consumption, while at the same time ...

Kazakh leader touts port on China's 'Silk Road'

Aug 11, 2018 (AFP)

Speaking at the Caspian port of Kuryk, 78-year-old Nazarbayev said Kazakhstan was investing in such transport hubs to benefit from the trillion-dollar project c...

Yuan decline helps China in US trade war, at a price

Aug 10, 2018 (AFP)

While markets are spooked by the standoff between the world's two biggest economies, a weaker currency makes exporters' goods cheaper, cushioning the impact of ...

China's factory-gate inflation tops forecasts in July

Aug 09, 2018 (AFP)

The figures are the first to be released since the United States imposed the first of its threatened levies on billions of dollars in Chinese goods as part of a...

State-owned China Tower trades flat on Hong Kong debut

Aug 08, 2018 (AFP)

The Beijing-based firm's $6.9 billion IPO was at the lower end of its expected range, making it the second to fall short of its main target with investor confid...

China trade surplus with US eases in July

Aug 08, 2018 (AFP)

The figures on Wednesday come as the two exchange threats of further measures, which have fuelled fears of a trade war many observers warn could hammer global b...

China exports top forecasts but warning over US tariffs impact

Aug 08, 2018 (AFP)

The figures come as the world's two largest economies exchange threats of stiff duties on billions of dollars worth of goods, fuelling fears of a full-blown tra...

First round of US tariffs on Chinese goods to hit $50 bn Aug 23: USTR

Aug 07, 2018 (AFP)

Washington already imposed 25 percent tariffs on $34 billion in Chinese products on July 6. But it held off on a final $16 billion as a result of concerns raise...

Berlin plans further curbs against non-EU investors

Aug 07, 2018 (AFP)

"In the future we want to be able to take a closer look when it concerns defence-related companies, critical infrastructure or certain other civil security-rela...

HSBC to pay $765m US fine over crisis-era conduct

Aug 06, 2018 (AFP)

HSBC said it has agreed to pay the large US penalty over its conduct in residential mortgage-backed securities (RMBS), a type of investment derivative that bund...

HSBC pre-tax profit up 4.58% at $10.7 bn in first half

Aug 06, 2018 (AFP)

After wide-ranging cutbacks that saw 50,000 jobs axed in an overhaul announced in 2015, the bank said it was now hiring again as it seeks new growth areas. "We ...

Are tech titans teetering atop the market?

Aug 05, 2018 (AFP)

But should we fear that a new tech bubble is ready to burst? Here are some questions and answers about the sector: - What does the tech sector represent on Wall...

Trump says tariffs 'working far better' than anticipated

Aug 04, 2018 (AFP)

"Tariffs have had a tremendous positive impact on our Steel Industry," he said in one tweet. "Plants are opening all over the US, Steelworkers are working again...

Asian countries denounce 'real threat' of global trade war

Aug 04, 2018 (AFP)

Fear that a simmering trade spat between the world's top two economies could spiral into a full-blown trade war -- with painful consequences for China's neighbo...

Sri Lanka secures $1 billion Chinese loan

Aug 03, 2018 (AFP)

Central bank Governor Indrajit Coomaraswamy said that first half of the loan will be released later this month and the balance will be received in October. "Dur...