TRADE WARS - INDO DAILY

Asian markets mixed as traders weigh US rate outlook

Mar 26, 2024 (AFP)

Investors are also gearing up for the corporate earnings season, with some observers warning that profit expectations, which have helped push several markets to...

Asian markets fluctuate as traders weigh US rate outlook

Mar 26, 2024 (AFP)

Investors are also gearing up for the corporate earnings season, with some observers warning that profit expectations, which have helped push several markets to...

Asian markets drop as key US inflation data looms

Mar 25, 2024 (AFP)

After last week's Federal Reserve projections for interest rates indicated it would cut three times this year, traders are optimistic about the outlook for equi...

Sri Lankan prime minister arrives in China for state visit

Mar 25, 2024 (AFP)

Chinese officials greeted Gunawardena with a bouquet and a red-carpet welcome at an airport on the outskirts of Beijing before a motorcade whisked him into the ...

IMF chief urges China to boost growth with 'pro-market reforms'

Mar 24, 2024 (AFP)

Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-qual...

China says Sri Lankan prime minister to visit next week

Mar 22, 2024 (AFP)

"At the invitation of Premier Li Qiang of the State Council, Prime Minister... of Sri Lanka Dinesh Gunawardena will pay an official visit to China from March 25...

Fitch downgrades Chinese property giant Vanke

Mar 22, 2024 (AFP)

Some Chinese developers are on the verge of bankruptcy and lower property prices have deterred consumers from making investments. Vanke -- long considered to be...

Gold hits fresh record above $2,200 on rate cut hopes

Mar 21, 2024 (AFP)

Equity markets in New York and across Asia surged and the dollar retreated in reaction to the US central bank's projection that it would begin easing monetary p...

Stocks track Wall St record after Fed keeps rate projection

Mar 21, 2024 (AFP)

Decision-makers remained confident that prices will eventually be brought to heel after pushing borrowing costs to two-decade highs without doing too much harm ...

IMF pushes Sri Lanka to clinch debt deal with China

Mar 21, 2024 (AFP)

Sri Lanka defaulted on its $46 billion external debt in April 2022 after the country ran out of foreign exchange to finance even essential imports such as food,...

Panama Canal administrator hopes traffic normalizes by February 2025

Mar 21, 2024 (AFP)

Since last year, authorities have had to limit vessel traffic through the canal, which handles about six percent of global maritime trade. The waterway operates...

Japanese yen hits 16-year low against euro

Mar 20, 2024 (AFP)

The unit hit 164.48 per euro -- its weakest since 2008 -- as the difference between European Central Bank rates and the BoJ remained wide enough to prevent trad...

China youth unemployment edges up in February: official data

Mar 20, 2024 (AFP)

After youth joblessness soared to 21.3 percent in June last year, the National Bureau of Statistics (NBS) stopped releasing monthly figures, then resumed in Dec...

Asian markets mostly up with Wall St as Fed decision looms

Mar 20, 2024 (AFP)

Decision-makers are widely expected to hold interest rates at a two-decade high but the real source of interest is their "dot plot" of projections for how many ...

EU firms in China struggle with 'politicised' environment: report

Mar 20, 2024 (AFP)

The study, published by the European Union Chamber of Commerce in China, sheds light on the increasing challenges for foreign firms with operations in the count...

Argentina's battered middle class shrinking under Milei

Mar 20, 2024 (AFP)

Inheriting massive levels of inflation and government debt, Milei has since taking office in December slashed subsidies for transport, fuel and energy, even as ...

Australia hosts China FM, sees 'stability' in ties

Mar 20, 2024 (AFP)

Chinese Foreign Minister Wang Yi visited Australia for the first time since 2017, a trip designed to draw a line under disputes related to everything from the o...

Yen drops, Asian markets mixed as Japan hikes interest rates

Mar 19, 2024 (AFP)

With inflation consistently holding above officials' two percent target and recent wage talks ending with bumper rises, the BoJ finally felt confident to pivot ...

Yen drops, stock markets mixed as Japan hikes interest rates

Mar 19, 2024 (AFP)

With inflation consistently holding above officials' two percent target and recent wage talks ending with bumper rises, the BoJ finally felt confident to pivot ...

New Zealand PM to make first visit to China

Mar 19, 2024 (AFP)

Chinese Foreign Minister Wang Yi was in New Zealand this week meeting Luxon, his counterpart Winston Peters and trade minister Todd McClay. Peters told reporter...