TRADE WARS - INDO DAILY

Italian luxury brand Ferragamo boosts China stake

Jan 03, 2013 (AFP)

Italian luxury fashion group Salvatore Ferragamo on Thursday said it had boosted its stake in joint ventures for distribution in the "strategic" Chinese market ...

US holiday season online spending climbs

Jan 03, 2013 (AFP)

Industry tracker comScore on Thursday reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season -- a 14 percent jump fr...

Macau gambling revenue hits record $38 bn in 2012

Jan 02, 2013 (AFP)

Macau's gambling revenue jumped 13.5 percent to a record $38 billion in 2012, official figures showed Wednesday, despite the pace of growth in the world's large...

Venezuela intent on freezing out Paraguay

Jan 02, 2013 (UPI)

Latin America's Mercosur trade bloc is facing renewed internal squabbles as plans for consolidation and expansion are clouded by the aftermath of last year's fr...

Taiwan's Fubon to invest $1.03 billion in Chinese bank

Dec 27, 2012 (AFP)

Fubon, Taiwan's second-largest publicly listed financial group, said Thursday it plans to invest $6.45 billion yuan ($1.03 billion) to buy an 80 percent stake i...

Japan's new China envoy urges stronger economic ties

Dec 24, 2012 (AFP)

Japan's new envoy to China urged stronger economic ties with Beijing in an interview broadcast Monday, after the incoming premier pledged to mend bilateral ties...

Australian lawyer in Mongolia graft probe cleared: firm

Dec 24, 2012 (AFP)

An Australian lawyer who had been barred from leaving Mongolia has been cleared of involvement in a corruption case and will soon be able to leave the country, ...

Asia's long-stay schemes lure foreigners

Dec 23, 2012 (AFP)

Like many Japanese mothers, Ritsuko Kawasaki fretted over the health and safety risks of remaining in Japan after 2011's earthquake, tsunami and nuclear disaste...

Luxury firms pin hopes on China

Dec 21, 2012 (AFP)

Clad in a black and orange Prada winter coat with a diamond-shaped pattern she snapped up during a trip to Milan, Jennifer Ren embodies China's nouveau riche. F...

Japan firms say mergers held up by China regulators

Dec 21, 2012 (AFP)

Sony and Olympus said Friday their planned medical device merger has been delayed until next year, with reports and some firms saying it was the latest corporat...

Drought disrupts Mississippi transport

Dec 21, 2012 (UPI)

The Mississippi River has receded to critically low levels after months of drought, severely affecting U.S. commerce. Already, barges are being filled only to 5...

Japan files complaint against China over steel duties: WTO

Dec 20, 2012 (AFP)

Japan has filed a complaint against China for imposing duties on steel tube imports which Beijing claims were being sold at prices below market levels, the Worl...

Australia's Lynas wins appeal against Malaysian operations

Dec 19, 2012 (AFP)

Malaysia's Court of Appeal on Wednesday dismissed an appeal against a temporary operating licence for Australian mining company Lynas Corp, despite protests ove...

Japan's US-bound exports overtake China shipments

Dec 19, 2012 (AFP)

Japan's US-bound exports overtook shipments to China last month, official data showed Wednesday, as a new government in Tokyo vows to stand its ground in a bitt...

US, China talk trade amid transitions

Dec 19, 2012 (AFP)

The United States and China pledged Wednesday to find ways to cooperate in their often fractious trade relationship in their first high-level talks since major ...

Foreign investment in China falls again in November

Dec 18, 2012 (AFP)

Foreign direct investment in China fell in November for a sixth straight month, the government said Tuesday with the outlook expected to remain weak in 2013 due...

China says more cities record home price rises

Dec 18, 2012 (AFP)

The cost of new homes increased in more Chinese cities in November than in the previous month, official figures showed Tuesday, despite efforts from the governm...

Fresh Myanmar protest against Chinese mine

Dec 18, 2012 (AFP)

Opponents of a Chinese-backed copper mine in northern Myanmar have resumed their protest just weeks after a violent police crackdown on demonstrators at the sit...

AIG raises $6.45 bn in final stake sale of insurer AIA

Dec 18, 2012 (AFP)

Asian insurer AIA said Tuesday that US giant American International Group (AIG) had sold its remaining stake in the firm, raising $6.45 billion and completing a...

Walker's World: A mega trade pact?

Dec 17, 2012 (UPI)

As if to show that they can from time to time lift their eyes from own troubled navels, the European Union and the United States have revived the venerable sche...