TRADE WARS

News About World Trade

7,281 articles

Asian markets on front foot as US jobs data provide new rate cheer
Dec 06, 2023 (AFP)
The below-forecast job openings figure bolstered optimism ahead of the closely watched non-farm payrolls report due Friday, which investors hope will confirm th...
Ukrainian truckers stranded in Poland battle cold
Dec 06, 2023 (AFP)
Around 100 truckers have been stuck in Korczowa, one of the crossings blocked by protesting Polish hauliers who complain about what they say is unfair competiti...
EU chief warns China on trade gap ahead of summit
Dec 05, 2023 (AFP)
While the president of the European Commission stressed that EU states would prefer negotiations to a trade war she left an implied threat of protectionist meas...
Asian, European markets drop as traders temper rate cut bets
Dec 05, 2023 (AFP)
Markets surged last month as data pointing to slowing inflation and softer job markets combined with a dovish turn by Federal Reserve officials to stoke expecta...
Moody's downgrades outlook on China credit rating over debt fears
Dec 05, 2023 (AFP)
China's post-pandemic recovery has been hampered by weak consumer and business confidence, a persistent housing crisis, record youth unemployment and a global s...
Crunch time for EU-Mercosur deal at Rio summit
Dec 05, 2023 (AFP)
The presidents of the Mercosur countries -- Brazil, Argentina, Paraguay and Uruguay -- will gather Thursday in Rio de Janeiro, with the clock ticking down on pr...
PwC to set up blocks preventing exam cheating after $7 mn fine
Dec 04, 2023 (AFP)
The Public Company Accounting Oversight Board (PCAOB) imposed the penalty on the China and Hong Kong offices of the "Big Four" auditing company on Thursday. Mor...
Belarus, China hail deepening ties in Beijing talks
Dec 04, 2023 (AFP)
Lukashenko, a staunch ally of Russia, arrived in China on Sunday for a visit expected to last at least two days. Lukashenko last came to China in February, a tr...
China's Evergrande liquidation case adjourned until January: HK court
Dec 04, 2023 (AFP)
Once China's biggest real estate developer, Evergrande has reported more than $300 billion in liabilities and its troubles have become a symbol of the nation's ...
Gold strikes record on rate cut bets but equities struggle
Dec 04, 2023 (AFP)
However, equity markets struggled to build on a positive lead from Wall Street, with attention now turning to key US jobs figures due at the end of the week. Be...
US Commerce chief warns against China 'threat'
Dec 02, 2023 (AFP)
Speaking at an annual national defense forum in Simi Valley, California, Raimondo called Beijing "the biggest threat we've ever had" and stressed "China is not ...
Asian markets struggle even as US data fuels rate cut talk
Dec 01, 2023 (AFP)
There was little desire to jump back in the ring at the start of a new month after a tough week in the region saw some of the gains enjoyed over the previous th...
US audit inspectors unveil $7.9mn fines on China-based firms
Nov 30, 2023 (AFP)
These included PwC affiliates in Hong Kong and China, alongside a Chinese audit company. The $7.9 million in penalties unveiled by the Public Company Accounting...
Markets rise ahead of US inflation, but rate cut hopes build
Nov 30, 2023 (AFP)
Observers say signs the world's top economy is feeling the effect of long-running monetary tightening has given the bank room to take a more dovish approach to ...
China's top diplomat to visit Vietnam: foreign ministry
Nov 30, 2023 (AFP)
On the invitation of Vietnamese Deputy Prime Minister Tran Luu Quang, Wang will go to Vietnam from December 1 to 2, Beijing said. He will chair the 15th meeting...
China factory activity shrinks for second straight month
Nov 30, 2023 (AFP)
The manufacturing purchasing managers' index -- a key measure of factory output -- dipped to 49.4, the National Bureau of Statistics said. The figure was slight...
Dollar weakens further as rate cut bets build, but equities mixed
Nov 29, 2023 (AFP)
However, equity markets were mixed following another tepid performance on Wall Street, with focus on the release of the central bank's favoured gauge of prices ...
Xi says China must protect foreign firms' rights, intellectual property
Nov 28, 2023 (AFP)
US and European firms in China have said that doing business is harder than ever as geopolitics, an anti-espionage law, raids on multinationals and favourable t...
Climate change already reducing global GDP: report
Nov 28, 2023 (AFP)
The report by the University of Delaware estimated that impacts from human-caused climate change cut 6.3 percent from global economic output last year, when wei...
Markets mixed as traders await US data, Fed speakers
Nov 28, 2023 (AFP)
A string of indicators in recent months pointing to a slowing economy -- as well as a below-forecast rise in consumer prices -- have fuelled optimism that the U...
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