TRADE WARS - INDO DAILY

Asian markets mixed ahead of Bank of Japan decision

Mar 19, 2024 (AFP)

The gathering in Tokyo is one of several at major central banks this week that will decide on interest rates, including the United States, United Kingdom and Au...

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 ...

China regulator to ban Evergrande chair from securities market for life

Mar 18, 2024 (AFP)

Heavily indebted Evergrande has become a potent symbol of the years-long crisis in China's property market, a crucial pillar of growth in the world's second-lar...

China retail sales show shaky economic recovery

Mar 18, 2024 (AFP)

The highly anticipated comeback after Beijing lifted stringent Covid control measures in late 2022 was less robust than expected, and the world's second-largest...

Asian markets hit by rate worries after US inflation surprises

Mar 15, 2024 (AFP)

The surprisingly large bump in February's producer price index followed a forecast-beating read on consumer prices earlier in the week and overshadowed separate...

China's FM heads to Australia, wine tariffs in view

Mar 14, 2024 (AFP)

Wang's visit to Australia, his first as foreign minister since 2017, comes as the two countries enjoy easier trade relations despite sparring over human rights ...

China's FM heads to Australia, New Zealand

Mar 14, 2024 (AFP)

Wang's visit to Australia, his first as foreign minister since 2017, comes as the two countries have begun to resolve simmering trade disputes, despite recent s...

Swiss urged to use succession to boost women, environment at central bank

Mar 14, 2024 (AFP)

After leading the SNB for a dozen years -- during which he confronted numerous challenges including the Covid-19 pandemic and the rescue of Credit Suisse -- Jor...

Asian markets mixed as traders eye US data, looming Fed meeting

Mar 14, 2024 (AFP)

While a hot consumer price index reading earlier this week did not rock optimism that interest rates will come down this year, analysts warned that could be tes...

China investigates another top banker for corruption

Mar 13, 2024 (AFP)

Li Jiping, the onetime vice-chief of the state-owned China Development Bank (CDB), is "suspected of serious violations of discipline and law", state broadcaster...

Most markets track Wall St gains as US data fails to damp rate hopes

Mar 13, 2024 (AFP)

While February's consumer price index reading was not ideal -- having come in above estimates in January -- analysts said it showed price rises were levelling o...

Markets mixed as traders struggle to keep up with Wall St rally

Mar 13, 2024 (AFP)

While February's consumer price index reading was not ideal -- having come in above estimates in January -- analysts said it showed price rises were levelling o...

Moody's downgrades major Chinese property developer Vanke

Mar 12, 2024 (AFP)

China's real estate market is grappling with unprecedented challenges, with some developers on the verge of bankruptcy and lower property prices deterring consu...

China consumer prices rise in February for first time in six months

Mar 09, 2024 (AFP)

The world's second-largest economy posted some of its lowest growth in decades last year and is battling a prolonged property sector crisis and soaring youth un...

Houthis escalate Red Sea attacks; target Singapore-flagged commercial vessel

Mar 09, 2024 (UPI)

The Houthis fired "several suitable naval missiles" against the M/V Propel Fortune as well as launching 37 drones targeting several U.S. Navy destroyers in a se...

China must do more to lift employment, stabilise housing market: officials

Mar 09, 2024 (AFP)

Beijing is grappling with a prolonged property sector crisis, record youth unemployment and a global slowdown hammering demand for Chinese goods. Youth unemploy...

Fears grow for Hong Kong's finance hub status under proposed security law

Mar 08, 2024 (AFP)

The draft bill, introduced at the city's legislature on Friday, includes major offences such as treason and insurrection, which could be punished with life impr...

Asian markets join rally after Wall St, European records

Mar 08, 2024 (AFP)

Expectations for a first reduction in June have ramped up after Federal Reserve boss Jerome Powell this week told lawmakers that while the battle against inflat...

Biden pushes higher corporate tax, touts strong economy in key speech

Mar 08, 2024 (AFP)

The 81-year-old outlined his agenda in the annual speech, in an effort to speak to voters' worries while taking credit for the recovery of the world's biggest e...

U.S. sanctions Houthi revenue source as militants claim first deaths in Red Sea attacks

Mar 07, 2024 (UPI)

The Treasury has been targeting the Houthis with sanctions since Nov. 17 when the Iran-backed militia began attacking commercial as well as U.S. and British mil...