TRADE WARS

News About World Trade

7,281 articles

HSBC reports $8.5B pre-tax profit in Q3; as Asian markets awaits megatech results
Oct 29, 2024 (AFP)
The rise in pre-tax profit to $8.5 billion reflected a strong performance in its wealth management division as well as higher revenues in global banking and mar...
German car makers warn EU tariffs on Chinese EVs risk wider 'trade conflict'
Oct 29, 2024 (AFP)
The extra tariffs are "a step backwards for free global trade and thus for prosperity, job preservation and growth in Europe," said the German Association of th...
Biden unveils $3 bn US ports boost, takes aim at Trump
Oct 29, 2024 (AFP)
Biden's visit to the port of Baltimore, a key auto industry hub, came as his Vice President Kamala Harris remains in a tight contest with Trump for the right to...
Biden to unveil $3 bn to boost US port infrastructure
Oct 29, 2024 (AFP)
Biden's visit to the port, a key hub for the auto industry, comes as Vice President Kamala Harris -- the Democratic candidate in the election -- remains in a cl...
Forget China, Chanel exec warns of luxury fatigue risk
Oct 28, 2024 (AFP)
Frederic Grangie, head of the watch and jewellery division at Chanel, told the Swiss daily Le Temps that 2025 and 2026 will be "complicated" for the luxury indu...
Philips lowers sales outlook on drop in China orders
Oct 28, 2024 (AFP)
Markets reacted negatively to the announcement with Philips's share price dropping by more than 16 percent in morning trading on the Amsterdam stock exchange's ...
Hungary polls citizens on alleged EU 'trade war' with China, Russia
Oct 28, 2024 (AFP)
The allegation was contained in a new "national consultation" survey -- the latest in a series of suggestively-worded questionnaires aimed at legitimising natio...
Cali's love motels adapt to host UN summit delegates
Oct 26, 2024 (AFP)
Like other visitors to the Colombian city, his hotel booking fell through, and Rwetsiba had to make last-minute arrangements. With traditional hotels bursting a...
China to hold key meeting next month as markets await stimulus details
Oct 25, 2024 (AFP)
The world's second-largest economy has struggled to fully recover from the pandemic, with growth being dragged down by a persistent property crisis, sluggish do...
Asia markets diverge after Tesla boosts Wall Street
Oct 25, 2024 (AFP)
US futures were holding steady after Elon Musk's company surged nearly 22 percent on the back of higher earnings following a streak of disappointing results, he...
Asia markets split after Tesla boosts Wall Street
Oct 25, 2024 (AFP)
Elon Musk's company surged nearly 22 percent after higher earnings ended a streak of disappointing results and helped lift the Nasdaq and S&P 500, while the Dow...
Panama Canal earns record revenue despite drought
Oct 25, 2024 (AFP)
The waterway's income comes from the collection of transit fees, the sale of electricity and maritime services. Revenue increased one percent in the fiscal year...
China sees little relief from trade tensions as US goes to the polls
Oct 24, 2024 (AFP)
Americans go to the polls on November 5 to choose between Vice President Kamala Harris and former president Donald Trump, with polls suggesting the two are neck...
Asian traders struggle after Wall St losses as US yields spike
Oct 24, 2024 (AFP)
With the US presidential election still seen as a coin toss less than two weeks out, there was plenty of uncertainty on trading floors, though observers said de...
Asian markets mixed as rate cut bets are trimmed; US vote in focus
Oct 23, 2024 (AFP)
A global rally that has seen several markets hit multiple records -- particularly in New York -- appears to have run out of gas as traders assess the US central...
India's Modi to meet China's Xi in Russia: foreign ministry
Oct 23, 2024 (AFP)
The meeting will take place on the sidelines of the three-day BRICS gathering hosted by President Vladimir Putin in the Russian city of Kazan, a sign of a poten...
Stocks mixed as rate cut bets are trimmed, US vote in focus
Oct 23, 2024 (AFP)
A global rally that has seen several markets hit multiple records -- particularly in New York -- appears to have run out of gas as traders assess the US central...
China should use fiscal policy to boost growth: IMF
Oct 23, 2024 (AFP)
The IMF has raised concern about the levels of global public debt, which it estimates will reach a record $100 trillion this year, with debt expected to rise in...
IMF lowers China 2024 growth forecast, warns property woes 'could worsen'
Oct 22, 2024 (AFP)
China's leaders are targeting annual growth of five percent this year -- a goal challenged by weak consumption and a prolonged and debilitating debt crisis in t...
UN eyes modest 2024 maritime trade growth, but future uncertain
Oct 22, 2024 (AFP)
The United Nations' trade and development agency, UNCTAD, highlighted in its annual report on maritime transport that the global economy, food security and ener...
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