TRADE WARS - INDO DAILY

New UN chief at Davos seeks allies in business

Jan 19, 2017 (AFP)

UN Secretary-General Antonio Guterres used his first address at the World Economic Forum in Davos on Thursday to push for a new partnership with business to hel...

China-backed trade pact gains as Trump threatens to ditch TPP

Jan 19, 2017 (AFP)

Asia will push ahead with a Chinese-supported free trade agreement if Donald Trump follows through on pledges to ditch the Trans-Pacific Partnership (TPP), glob...

China's richest man warns Trump against trade war

Jan 18, 2017 (AFP)

China's richest man, Hollywood investor Wang Jianlin, warned Donald Trump Wednesday against dragging the entertainment industry into a trade war -- saying his c...

First 'Silk Road' train arrives in UK from China

Jan 18, 2017 (AFP)

After an 18-day, 12,000-kilometre (7,450-mile) intercontinental journey, the first freight train from China arrived in Britain on Wednesday. The lengthy journey...

Red-handed: China province admits faking economic data

Jan 18, 2017 (AFP)

A Chinese official has admitted his province falsified its economic data for years, state media said Wednesday, vindicating long-held suspicions that China has ...

Davos darling Xi not practising what he preaches: analysts

Jan 18, 2017 (AFP)

Xi Jinping's hymn to globalisation at Davos may have won acclaim from the meeting's well-heeled elite, but Chinese experts say it was distinctly out of tune wit...

Over 80% of US firms feel less welcome in China: survey

Jan 18, 2017 (AFP)

More than 80 percent of American companies feel China is less welcoming to foreign businesses than in the past, a US business lobby group reported Wednesday, as...

HSBC will likely switch jobs to France on Brexit: CEO

Jan 18, 2017 (AFP)

HSBC bank would likely switch 1,000 jobs to Paris from London, with Britain planning to leave the EU single market under Brexit, chief executive Stuart Gulliver...

China 2016 growth slides to 26-year low: AFP poll

Jan 18, 2017 (AFP)

China's growth slipped to its slowest rate in more than a quarter of a century in 2016, an AFP survey has forecast, as analysts see mounting risks for the world...

Davos: China's Xi says no one will win trade war

Jan 17, 2017 (AFP)

Chinese President Xi Jinping presented himself as a champion of globalisation Tuesday, lecturing the world elite in Davos on the dangers of protectionism and th...

Distraught Davos finds globalisation saviour in China's Xi

Jan 17, 2017 (AFP)

With Donald Trump about to get the keys to the White House and the political winds blowing a populist gale through Europe, the world's elite have been in need o...

Pound tanks on Brexit fear as Asia markets retreat

Jan 16, 2017 (AFP)

The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa May was ready to take the country out...

Made to order at N. Korea's blacklisted art factory

Jan 16, 2017 (AFP)

"That was a personal commission," says renowned North Korean sculptor Ro Ik-Hwa, pointing to a bust of A.Q. Khan, the Pakistani scientist denounced by the US as...

Seagate to cut more than 2,000 China jobs: reports

Jan 14, 2017 (AFP)

US hard-disk drive manufacturer Seagate Technology will lay off more than 2,000 Chinese workers as it shutters a factory in eastern China, reports said Saturday...

Chinese leader meets Davos elite as voters revolt

Jan 14, 2017 (AFP)

China's president will preach the advent of a new world order in Davos next week before the high priests of globalisation, who are facing an uprising from voter...

China's Vanke strengthens hand against takeover bid

Jan 13, 2017 (AFP)

Shares in China's biggest property firm Vanke surged Friday after it announced a stock-holding shift that could end a bid by private conglomerate Baoneng to pul...

China makes awkward free trade champion

Jan 12, 2017 (AFP)

As the biggest beneficiary of globalisation, China stands ready to proclaim itself the champion of free trade in the face of a more protectionist US, but analys...

US hits China with WTO complaint over aluminum

Jan 12, 2017 (AFP)

In its final days, the Obama administration on Thursday filed a trade complaint against China for using "artificially cheap" loans and raw materials to boost it...

Amazon to deliver 100,000 new US jobs

Jan 12, 2017 (AFP)

Amazon on Thursday unveiled plans to create 100,000 US jobs over the next 18 months, as President-elect Donald Trump presses the business world to boost activit...

Bitcoin plunges as China investigates exchanges

Jan 12, 2017 (AFP)

Bitcoin prices plummeted after China's central bank announced it was investigating exchange platforms trading in the virtual currency. The People's Bank of Chin...