TRADE WARS

News About World Trade

7,281 articles

South Korea's LG to pump extra $1 bn into Vietnam plant
Nov 15, 2024 (AFP)
The announcement comes as Vietnam looks to boost its appeal as an investment destination for international companies. A ceremony for a licence to increase capit...
China retail sales pick up speed, beat forecasts in October
Nov 15, 2024 (AFP)
Officials have since late September unveiled a slew of measures including interest rate cuts and debt swaps intended to boost activity in the world's second-lar...
China says to scrap export tax rebate for aluminium, copper
Nov 15, 2024 (AFP)
"The export tax rebate for aluminium, copper, and chemically modified animal, vegetable, or microbial oils and fats will be cancelled," a ministry statement rea...
Markets struggle at end of tough week
Nov 15, 2024 (AFP)
The uncertain performance came at the end of a painful week fuelled by worries about another disruptive China-US trade war. The dollar dipped against its peers ...
Xi inaugurates South America's first Chinese-funded port in Peru
Nov 15, 2024 (AFP)
The $3.5-billion complex, about 50 miles (80 kilometers) north of Lima, is meant to serve as a hub for Chinese trade as the country is under threat of major tar...
Asian markets fluctuate at end of tough week
Nov 15, 2024 (AFP)
The tepid performance followed a negative lead from Wall Street and came at the end of a painful week for equities fuelled by worries about another disruptive C...
Workers stage walkout at US maker of Fallout video game
Nov 14, 2024 (AFP)
"We are not afraid to do what's necessary to make sure that Microsoft meets us at the bargaining table over key issues like remote work options and outsourcing,...
Asian markets mixed as traders weigh Fed; bitcoin above $90,000
Nov 14, 2024 (AFP)
Bitcoin sat just above the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it to soon top $100,000 fo...
Biden, Xi arrive in Peru ahead of face-to-face at Asia-Pacific summit
Nov 14, 2024 (AFP)
Saturday's face-to-face will likely be the last meeting between the sitting leaders of the world's largest economies before Biden hands the reins back to Trump,...
Beijing's fears after Trump fills key posts with China hawks
Nov 14, 2024 (AFP)
That is likely to leave Beijing watching warily, experts say, as the United States president-elect surrounds himself with a litany of hardliners who spit strong...
Asian markets extend losses as Trump fears build
Nov 13, 2024 (AFP)
The prospect of prices spiking again on the back of tax cuts, import tariffs, and an easing of regulations gave fresh impetus to the dollar, which has rallied s...
China's Xi heads to Peru for APEC meeting shrouded in Trump fears
Nov 13, 2024 (AFP)
Xi will join leaders from the United States and other Asia-Pacific nations in the Peruvian capital Lima for the APEC gathering, after which he will go to Brazil...
New push for EU-South America trade deal despite French fury
Nov 13, 2024 (AFP)
The blockbuster trade pact between the 27-country European Union and Mercosur countries -- Brazil, Argentina, Paraguay and Uruguay -- has been 25 years in the m...
Trump victory signals golden era for crypto industry
Nov 13, 2024 (AFP)
After years of ascendancy following bitcoin's emergence, the cryptocurrency industry had fallen into a "crypto winter," plagued by scandals and hostile regulato...
China announces tax policies to boost property market
Nov 13, 2024 (AFP)
Deed tax incentives for housing transactions would be "enhanced to actively support basic and improved housing needs", state broadcaster CCTV said, citing vario...
China planning to cut taxes on home buying: report
Nov 12, 2024 (AFP)
Regulators are preparing a proposal that would enable major cities such as Shanghai and Beijing to reduce the deed tax for buyers to as low as one percent from ...
Fears of Trump trade wars cast pall over Asia-Pacific summit
Nov 12, 2024 (AFP)
It will be the last Asia-Pacific Economic Cooperation (APEC) summit for Joe Biden before he hands the presidency to Trump next year after a rout for the Democra...
Asian markets drop as Trump worries kick in after China disappoints
Nov 12, 2024 (AFP)
The sell-off came despite another record close on Wall Street, fuelled by expectations that Trump will push through promised business-friendly policies and hope...
Asian stocks struggle as China support plan falls flat, bitcoin hits record
Nov 11, 2024 (AFP)
Stocks rallied last week on hopes that a second Trump administration -- supported by a Republican Congress -- would push through a slew of business-friendly pol...
China's 'Singles Day' shopping spree in spotlight as spending flags
Nov 11, 2024 (AFP)
"Singles Day" -- launched by tech giant Alibaba in 2009 -- has ballooned into an annual blockbuster period for retail, with days of discounts luring customers t...
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