TRADE WARS

News About World Trade

7,281 articles

Equities extend recovery, yen weakens as some calm returns
Aug 07, 2024 (AFP)
After Monday's collapse that saw trillions of dollars wiped off valuations globally, traders returned to pick up bargains on Tuesday, with Japan's Nikkei bounci...
Stocks rebound from rout as Fed faces calls to cut rates early
Aug 06, 2024 (AFP)
Tokyo, which suffered a record loss Monday, led the gains, soaring more than 10 percent as traders bought beaten-down stocks caught up in a catastrophic day for...
Asian stocks tank after US data fans recession fears
Aug 05, 2024 (AFP)
The sell-off followed another hefty day of losses on Wall Street, where heavyweight tech firms including Amazon and Microsoft took the brunt owing to worries an...
China property giant Evergrande seeks to recover $6 bn
Aug 05, 2024 (AFP)
Evergrande was once China's biggest real estate firm, a powerhouse in a sector that helped propel the country's rapid economic growth during recent decades. But...
China issues plan to boost household consumption
Aug 04, 2024 (AFP)
Leaders including President Xi Jinping pledged last month to help boost domestic consumption and ease pressure on China's ailing property sector, following a ga...
Tokyo plunges as equity markets track Wall St on recession fears
Aug 02, 2024 (AFP)
The optimism that greeted Federal Reserve boss Jerome Powell's indication on Wednesday that borrowing costs could be cut in September has given way to trepidati...
Tokyo tanks as Asian markets track Wall St down on recession fears
Aug 02, 2024 (AFP)
The optimism that greeted Federal Reserve boss Jerome Powell's indication on Wednesday that borrowing costs could be cut in September has given way to trepidati...
Equities mixed after Fed rate cut hope, strong yen hits Tokyo
Aug 01, 2024 (AFP)
US central bank boss Jerome Powell said decision-makers were increasingly confident inflation and the economy were at a point where they could start loosening m...
HSBC records $21.6 billion pre-tax profit in first half 2024
Jul 31, 2024 (AFP)
"After delivering record profits in 2023, we had another strong profit performance in the first half of 2024, which is further evidence that our strategy is wor...
Asian investors trade cautiously ahead of central bank decisions
Jul 30, 2024 (AFP)
While last week's US inflation report further stoked optimism that the Federal Reserve will cut interest rates at least once this year, traders became more caut...
Asian markets extend Wall St rally after US data and ahead of Fed
Jul 29, 2024 (AFP)
The upbeat mood comes at the start of a busy week for traders, with the central banks of the United States and Japan making policy decisions, a key US jobs repo...
Good lives possible for everyone while reducing environmental impact
Jul 29, 2024 (SPX)
Currently, about 80% of the world's population lacks access to essential goods and services and lives below the "decent living" threshold. Some believe solving ...
Heineken posts loss on China write-down
Jul 29, 2024 (AFP)
The company took an 874-million-euro write-down from the decline in valuation of its stake in China Resources Beer, whose share price has fallen on the Hong Kon...
Defying downturn, auction houses bid high on Hong Kong
Jul 28, 2024 (AFP)
In the span of two months, Sotheby's, Christie's and Bonhams will each see the culmination of years-long efforts to upgrade their regional headquarters in the s...
G20 pledges to work together to tax ultra-rich
Jul 26, 2024 (AFP)
The thorny topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host a G20 summit in November. The initiat...
China says Italy PM Meloni to visit from Saturday
Jul 25, 2024 (AFP)
"At the invitation of Premier Li Qiang of the State Council, Italian Prime Minister Giorgia Meloni will pay an official visit to China from July 27 to 31," fore...
Markets track tech-led plunge on Wall St, yen extends gains
Jul 25, 2024 (AFP)
Tokyo's Nikkei led the retreat in equities, diving more than three percent, with a stronger yen adding to the downward pressure on exporters. Global stocks have...
Asian markets track Wall St losses after mixed tech earnings
Jul 24, 2024 (AFP)
Traders are also shifting cautiously as they weigh the outlook for US policy post-election, with Democrat chances boosted by the expected nomination of Kamala H...
Markets mixed after US rally ahead of inflation report
Jul 23, 2024 (AFP)
Joe Biden's decision to drop out of the presidential election race and endorse Vice President Kamala Harris had little major impact on sentiment, analysts said,...
L'Occitane to exit Hong Kong stock exchange
Jul 23, 2024 (AFP)
The company's main shareholder, Reinold Geiger, launched in April a 1.7-billion-euro ($1.8-billion) offer to acquire the 28 percent of the company he did not al...
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