TRADE WARS - INDO DAILY

Mar 01, 2024 (AFP)

While AI optimism helped buoy trading in New York, global markets diverged over questions about when the Fed may begin cutting interest rates. Fresh personal co...

Security, economy in focus at key China meetings

Mar 01, 2024 (AFP)

From a protracted property crisis to waning domestic spending, China's lawmakers face a litany of challenges as they hold their "Two Sessions". The meetings are...

China factory output shrinks for fifth straight month

Mar 01, 2024 (AFP)

The purchasing managers' index (PMI) -- a key measure of factory output -- came in at 49.1 percent in February, according to China's National Bureau of Statisti...

US lawmaker flags surge in tax-free imports on China concerns

Mar 01, 2024 (AFP)

Both platforms, known for selling items at low prices, have been said to use a rule that allows products to enter the country duty-free, via shipments valued at...

Asian markets rise ahead of US inflation data

Feb 29, 2024 (AFP)

Investors are awaiting the release of the US Personal Consumption Expenditures (PCE) price index, the Federal Reserve's most-watched inflation indicator, which ...

Asian shares fall ahead of Fed comments

Feb 28, 2024 (AFP)

Global equities mostly rose Tuesday, despite data showing pessimism among consumers in the United States and Germany. The Conference Board reported a larger-tha...

Asian shares muted ahead of Fed comments

Feb 28, 2024 (AFP)

Global equities mostly rose Tuesday, despite data showing pessimism among consumers in the United States and Germany. The Conference Board reported a larger-tha...

Hong Kong scraps property taxes; as Country Garden faces winding-up petition

Feb 28, 2024 (AFP)

The finance hub's economy was initially buoyed by China's post-pandemic reopening but recovery has since slowed and residential property prices are at a multi-y...

UK govt meets with Shein boss over possible London flotation: Sky News

Feb 27, 2024 (AFP)

Finance minister Jeremy Hunt met Donald Tang, Shein's executive chairman, earlier this month "as part of efforts to convince it to list in the UK," the broadcas...

French, Asian shipping giants extend alliance

Feb 27, 2024 (AFP)

CMA CGM, the world's third biggest shipping company, said the Ocean Alliance, in place since 2017, enables its members to provide fast transit times and a broad...

Asian markets muted as traders await fresh data for rate clues

Feb 27, 2024 (AFP)

Last week's rallies -- including an all-time record close for Tokyo's benchmark index -- were fuelled by solid earnings from US chip titan Nvidia, a bellwether ...

Asian markets mostly lower on profit-taking after tech surge

Feb 26, 2024 (AFP)

Investors are turning to profit-taking as last week's mega market rally -- fuelled by stellar results from US technology titan Nvidia -- loses steam, analysts s...

US-China economic flashpoints at a glance

Feb 25, 2024 (AFP)

What's behind these concerns? - American debt - Republicans in particular are worried about this issue, concerned that China holds too much American debt. The f...

Dior postpones Hong Kong fashion show: govt

Feb 24, 2024 (AFP)

Hong Kong is courting top international celebrities and brands in the hope of rebooting its reputation, which had been battered by years of social unrest and st...

US expects to discuss Chinese overcapacity with G20

Feb 23, 2024 (AFP)

Yellen is set to visit Sao Paulo from Tuesday to Thursday, to participate in the Group of 20 leading economies' finance minister and central bank governor meeti...

StanChart bank in shareholder bonanza as profits soar

Feb 23, 2024 (AFP)

The London-listed lender launched a new $1-billion share buyback as part of plans to return at least $5 billion to shareholders over the next three years, it sa...

Biden slaps sanctions on 500 targets in Russia 'war machine'

Feb 23, 2024 (AFP)

The sanctions, described as the largest single tranche since the start of the war, also seek to impose a cost for the death last week in a Siberian prison of Pu...

Asian markets advance after record rallies

Feb 23, 2024 (AFP)

Investors celebrated on Thursday as bumper profits reported by US chip giant Nvidia, seen as a bellwether for the artificial intelligence boom, helped boost Tok...

Attacked ship catches fire in Gulf of Aden near Yemen

Feb 22, 2024 (UPI)

"UKMTO has received a report of an incident 70 nautical miles southeast of Aden, Yemen. Authorities are investigating," the statement said. "Vessels are advised...

Asian markets climb, Tokyo hits record after US tech gains

Feb 22, 2024 (AFP)

Highly anticipated earnings results from Nvidia beat expectations late Wednesday, with the firm reporting a quarterly profit of $12.3 billion on record-high rev...