TRADE WARS - INDO DAILY

Japan logs worst monthly trade deficit of $17.4 bn

Feb 20, 2013 (AFP)

Japan logged its worst ever monthly trade deficit in January despite an upturn in exports as the yen's recent sharp drop pushed fuel costs higher, official data...

Hong Kong Disneyland turns a profit for first time

Feb 18, 2013 (AFP)

Hong Kong's struggling Disneyland said Monday it made a profit in 2012 for the first time since opening eight years ago, thanks to a surge in revenue as it welc...

British government split on dealing with China: report

Feb 17, 2013 (AFP)

A split has emerged in the British government on managing its cooling relations with China, The Sunday Times newspaper said, citing sources. Prime Minister Davi...

Myanmar rejects 'white phosphorus' claim report

Feb 16, 2013 (AFP)

Myanmar on Saturday dismissed an independent report that alleged security forces used white phosphorus in a crackdown on a copper mine protest last year, which ...

Global gold demand falls in 2012: WGC report

Feb 15, 2013 (AFP)

Global demand for gold fell last year in its first tumble since 2009 as demand in leading market India slid, narrowing the gap with second-biggest buyer China, ...

Australia jails China executive for insider trading

Feb 15, 2013 (AFP)

An Australian court on Friday sentenced a former vice president of Chinese company Hanlong Mining Investment to more than two years in jail for insider trading,...

Private gold prospecting catching on

Feb 14, 2013 (UPI)

Private gold prospecting is catching on in Latin America with the wider availability of sophisticated new tools that make conventional panning almost obsolete. ...

Amazon seeks relaxation of India e-commerce rules

Feb 12, 2013 (AFP)

US online retail giant Amazon said Tuesday it had asked New Delhi to consider relaxing a law that stops its Indian subsidiary from selling directly to customers...

India IT exports picking up steam

Feb 12, 2013 (AFP)

Exports by India's flagship IT outsourcing industry are set to grow by 12 to 14 percent in the next financial year, an industry group said on Tuesday, suggestin...

Tech giants summoned by Australia pricing inquiry

Feb 11, 2013 (AFP)

Global technology giants Microsoft, Apple and Adobe were Monday ordered to appear before a pricing inquiry examining the often-higher cost of tech goods in Aust...

Mercosur seeks Canada deal, but Cuba looms

Feb 08, 2013 (UPI)

Mercosur is pushing a free trade deal with Canada which, if signed, will confront Ottawa with the ticklish issue of dealing with continued U.S. embargo on the r...

China's trade surplus surges in January

Feb 08, 2013 (AFP)

China's trade surplus rose in January with both exports and imports beating expectations, official data showed Friday, as the country maintained its economic re...

Kerry to meet Canadian FM in first bilateral talks

Feb 07, 2013 (AFP)

New US Secretary of State John Kerry will hold his first bilateral talks Friday, as he welcomes his Canadian counterpart John Baird to the State Department. He ...

Venezuela businesses up in arms over moves to limit profits

Feb 06, 2013 (UPI)

Venezuelan government moves to put a cap on business profits triggered protests Thursday with business leaders threatening to take the issue to court. Business ...

Google wins Australian sponsored links case

Feb 06, 2013 (AFP)

Internet titan Google was cleared Wednesday of allegations it hosted deceptive advertisements, with Australia's highest court saying it was not responsible for ...

Chinese make record foreign investments in 2012: PwC

Feb 06, 2013 (AFP)

Foreign mergers and acquisitions by Chinese investors set a record last year, while domestic purchases marked a pause, a study released on Wednesday by the acco...

Trade secrets theft linked to ex-employees: study

Feb 06, 2013 (AFP)

A big source of theft of corporate data and trade secrets is former employees of the company, a research report said Wednesday. The survey by the security firm ...

China, India tourists triple Australian visits

Feb 06, 2013 (AFP)

Australia's strong dollar has done little to dampen its popularity with Chinese and Indian visitors, with tourist numbers from those countries tripling in the p...

Panama Canal expansion work seen to be at risk after row

Feb 05, 2013 (UPI)

Work on a multibillion expansion of Panama Canal is at risk from a dispute pitting the building consortium against Panama authorities over the sharing of $1.6 b...

Global ecommerce sales topped $1 tn in 2012: study

Feb 05, 2013 (AFP)

Global Internet retail sales topped $1 trillion for the first time in 2012 with the United States holding the top spot but China rising fast, a market research ...