TRADE WARS - INDO DAILY

Japan says Bitcoin not a currency, but taxable

Mar 07, 2014 (AFP)

Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for f...

Apple sent billions offshore to avoid Australia tax: report

Mar 06, 2014 (AFP)

Apple shifted billions in untaxed profits from its Australian operations to Ireland over the past decade, a report said Thursday, as the government vowed to sto...

US businessman sold trade secrets to China: jury

Mar 06, 2014 (AFP)

A US jury convicted a California businessman Wednesday of selling stolen trade secrets to Chinese firms so they could develop a pigment used to whiten a wide ra...

Japan eyes Bitcoin regulations, taxes: report

Mar 05, 2014 (AFP)

Japan may slap regulations on Bitcoin including taxing transactions, a report said Wednesday, as the global digital currency suffered another alleged theft that...

Chinese to splurge $39 bn on Australian homes: study

Mar 05, 2014 (AFP)

Wealthy Chinese will pour Aus$44 billion (US$39.4 billion) into Australian real estate over the next seven years, potentially pushing prices in one of the world...

Using stolen computer processing cycles to mine Bitcoin

Mar 04, 2014 (SPX)

A team of computer scientists at the University of California, San Diego, has taken an unprecedented, in-depth look at how malware operators use the computers t...

NATO chief says 'peace at risk' as Russia faces G8 sanction

Mar 02, 2014 (AFP)

NATO's chief warned that Europe's peace and security were at risk from Russian threats of a military incursion in Ukraine as Moscow faced a barrage of warnings ...

Japan factory output jumps on demand rush before tax hike

Feb 28, 2014 (AFP)

Japan's industrial output grew at its fastest rate in more than two years in January as factories cranked out goods ahead of a sales tax hike, adding momentum t...

China treats South Africa as business equals: Zuma

Feb 27, 2014 (AFP)

China does business with South Africa on an equal footing, unlike Western former colonial powers who still act like its master, President Jacob Zuma has said. "...

Japan probing bitcoin exchange after huge reported theft

Feb 26, 2014 (AFP)

Japanese authorities were Wednesday probing the troubled MtGox bitcoin exchange after claims of a multi-million dollar theft from its digital vaults, as US pros...

Panel to probe China compliance claim in WTO steel row

Feb 26, 2014 (AFP)

A panel of trade experts was created Wednesday at US behest to test China's claim that it has complied with WTO rules regarding duties on certain US steel produ...

Bitcoin world in turmoil after exchange goes dark

Feb 25, 2014 (AFP)

The Bitcoin community was thrown into turmoil Tuesday after the disappearance of what had been its biggest exchange, shaking confidence in the fast-growing virt...

US firms in China still positive despite challenges: survey

Feb 25, 2014 (AFP)

US firms in China are largely optimistic about their prospects in the world's second-biggest economy, a survey showed Tuesday, despite a growth slowdown and a g...

MtGox website disappears amid huge bitcoin theft claim

Feb 25, 2014 (AFP)

The website of Tokyo-based bitcoin exchange MtGox went down Tuesday amid reports of a theft of the virtual currency worth hundreds of millions of dollars, deali...

Billionaire boom for Asia: Chinese survey

Feb 25, 2014 (AFP)

Asia experienced a billionaire boom last year, with more than 200 people from the continent seeing their net worth pass into 10 figures, a Chinese publisher sai...

Armani ends fashion week, Chinese firm buys Krizia

Feb 24, 2014 (AFP)

Giorgio Armani closed Milan Fashion Week on Monday, as historic label Krizia said it was being bought by a Chinese firm and luxury giant LVMH announced a deal w...

Made in USA: Pentagon to use only 100% American flags

Feb 23, 2014 (AFP)

It is the ultimate symbol of chest-thumping American patriotic pride and now the United States flag must be "100 percent made in the USA" -- at least where the ...

China confirms probe into Qualcomm

Feb 19, 2014 (AFP)

Beijing said Wednesday it has been probing two US companies including mobile chipmaker Qualcomm since last year over potential anti-trust violations, extending ...

A canal across Nicaragua: is this for real?

Feb 19, 2014 (AFP)

It would be an engineering feat of gargantuan proportions -- a $40 billion Chinese-built canal across Nicaragua to boost the flow of ships between the Caribbean...

Obama in Mexico for less friendly 'three amigos' talks

Feb 19, 2014 (AFP)

US President Barack Obama joined the Mexican and Canadian leaders Wednesday for a North American summit focused on trade but marked by friction between the "thr...