TRADE WARS

News About World Trade

7,281 articles

Holiday-hit Asian markets mixed, Wall St record fails to inspire
Feb 09, 2024 (AFP)
US equities have continued their march higher this week as strong earnings from big-name firms and data showing resilience in the world's number one economy hel...
US banking system 'well-capitalized' despite risks: Yellen
Feb 08, 2024 (AFP)
Yellen made the comments to a congressional hearing where she added that regulators are monitoring risks from nonbank mortgage lenders and authorities plan to t...
EU waters down law on app gig workers' conditions
Feb 08, 2024 (AFP)
The European Union wants to approve the world's first law covering the gig economy in a bid to give clarity to the status of millions of workers. The draft text...
L'Oreal sales rose in 2023, overcoming weak China market
Feb 08, 2024 (AFP)
Net profit for the year hit 6.2 billion euros ($6.8 billion) while sales grew 7.6 percent to 41.2 billion euros, it said in a statement. "In a challenging envir...
Chinese consumer prices suffer quickest drop in 14 years
Feb 08, 2024 (AFP)
Officials have struggled for months to kickstart economic growth as they battle a range of headwinds, including a prolonged property-sector crisis, soaring yout...
Most markets rise after Wall St record, Shanghai extends rally
Feb 08, 2024 (AFP)
Fresh comments from US monetary policymakers pushing back against reducing borrowing costs too early were unable to overshadow a string of forecast-beating repo...
China removes top financial regulator chief: state media
Feb 07, 2024 (AFP)
Beijing has become increasingly worried about the sell-off on markets in Shanghai and Hong Kong, which has wiped trillions off valuations, and has unveiled a st...
Asian markets track Wall St higher as Shanghai extends rally
Feb 07, 2024 (AFP)
Fresh comments from Federal Reserve officials that poured cold water on hopes for an early interest rate cut appeared to have little impact with investors resig...
US raises overcapacity concerns in economic talks with China
Feb 06, 2024 (AFP)
The talks come amid concerns about China's growth, as the world's second biggest economy struggles with a property sector crisis and prospects of sagging produc...
Markets mixed after Wall St losses, Shanghai and Hong Kong rally
Feb 06, 2024 (AFP)
Investors were still coming to terms with the prospect of US interest rates being kept at two-decade highs following a forecast-busting jobs report last week an...
The highs and lows of recent China-Australia relations
Feb 06, 2024 (AFP)
Here is a look at bilateral ties over recent years: - Australia bans Huawei - Beijing has said Canberra fired "the first shot" in the deterioration of relations...
Asia markets take a hit as blockbuster US jobs batter rate cut hopes
Feb 05, 2024 (AFP)
Decision-makers left traders disappointed last week when they said after their latest meeting they were unlikely to loosen policy at their next gathering. There...
China hands former top bank boss suspended death sentence for bribery
Feb 05, 2024 (AFP)
China's President Xi Jinping has waged a sweeping campaign against deep-seated official corruption since coming to power a decade ago, though critics say the po...
Asia markets mixed as blockbuster US jobs batter rate cut hopes
Feb 05, 2024 (AFP)
Decision-makers left traders disappointed last week when they said after a meeting that they were unlikely to loosen policy at their next gathering. There were ...
China economic slowdown to persist through 2028: IMF
Feb 02, 2024 (AFP)
The world's second-largest economy last year saw some of its slowest growth in decades, as a debt crisis in the property sector added to geopolitical tensions a...
Banking tycoon Bao Fan steps down as head of China Renaissance
Feb 02, 2024 (AFP)
Bao rose to fame as a key player in the emergence of some of the country's biggest tech giants, supervising blockbuster IPOs and the landmark 2015 merger betwee...
Most markets advance after tech-fuelled Wall St surge
Feb 02, 2024 (AFP)
Disappointment over the Federal Reserve's warning this week that borrowing costs would not likely be cut in March was tempered by the knowledge they are all but...
Most Asian markets retreat as Fed crushes March rate cut hope
Feb 01, 2024 (AFP)
The downbeat sentiment was compounded by disappointing earnings from US titans Microsoft and Alphabet, which pummelled the tech sector, while investors were als...
Asian markets swing as traders eye Fed, jobs and earnings
Jan 31, 2024 (AFP)
A key Treasury auction, US jobs figures and earnings from some of the world's biggest companies including Apple and Amazon were also in view this week. That all...
China factory activity shrinks for fourth straight month
Jan 31, 2024 (AFP)
The purchasing managers' index (PMI) -- a key measure of factory output -- came in at 49.2 percent in January, according to China's National Bureau of Statistic...
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