TRADE WARS - INDO DAILY

Shares in Chinese property giant Evergrande plunge after employees' arrest

Sep 18, 2023 (AFP)

Evergrande's stock price dipped to 0.47 around 9 am in Hong Kong (0100 GMT) on Monday, before ticking back up, after closing at 0.62 Hong Kong dollars on Friday...

Markets drop as traders prepare for Fed decision

Sep 18, 2023 (AFP)

Traders were a little more cautious after the healthy close to last week that was fuelled by another batch of positive Chinese data suggesting the world's numbe...

Several employees of Chinese developer Evergrande arrested

Sep 16, 2023 (AFP)

Employees at Evergrande's financial subsidiary, Evergrande Wealth Management, were arrested, police in the southern city of Shenzhen said in a statement, withou...

Myanmar to offer visa on arrival to Chinese, Indian tourists

Sep 15, 2023 (AFP)

A start date for the one-year trial scheme "will be announced soon", the Global New Light of Myanmar reported, citing the junta's immigration ministry. Holders ...

EU unafraid of trade war with China

Sep 15, 2023 (AFP)

Europe put itself at risk of a trade war when European Commission president Ursula von der Leyen announced the anti-subsidy investigation on Wednesday, accusing...

Indonesia deploys riot police over protests against China-backed project

Sep 15, 2023 (AFP)

Around 1,000 people protested in Batam City on Monday over a plan to develop Rempang island into a Chinese-funded economic zone, including the construction of a...

Markets join global rally as China data beats forecasts

Sep 15, 2023 (AFP)

The news out of Beijing, which followed a recent batch of encouraging figures, came a day after authorities further eased restrictions on banks in a bid to kick...

China retail sales surge in August, boost hopes for economy

Sep 15, 2023 (AFP)

The data, which also revealed a better-than-expected lift in industrial output, is the latest pointing to a stabilisation and will follow a number of stimulus m...

Moody's downgrades China property sector to negative

Sep 14, 2023 (AFP)

The ratings agency said contracted sales were expected to fall around 5 percent over the next six to 12 months and that the impact of "recently strengthened pol...

G77+China summit in Cuba seeks 'new economic world order'

Sep 14, 2023 (AFP)

United Nations chief Antonio Guterres, who arrived on the island Thursday, will join some 30 heads of state and government from Africa, Asia and Latin America a...

Asian markets swing as crude spike stokes inflation concerns

Sep 13, 2023 (AFP)

The central bank has insisted that its decision-making on monetary policy will be data-driven as it assesses a range of figures, which have for much of 2023 sug...

Thailand to offer Chinese tourists visa-free entry

Sep 13, 2023 (AFP)

Thailand's vital tourism sector accounts for almost 20 percent of its GDP but has struggled in the wake of the Covid-19 pandemic and changing traveller habits. ...

Top Chinese official to visit Cuba, Brazil, Egypt: state media

Sep 12, 2023 (AFP)

Li Xi, who is responsible for discipline within the party, will go to the three countries at the invitation of Cuba's Communist Party, Brazil's ruling Workers' ...

Biden leads US tech push in Vietnam

Sep 11, 2023 (AFP)

Biden and Vietnam's ruling Communist Party chief -- the country's paramount leader -- struck a "comprehensive strategic partnership" as Washington pushes to boo...

Cambodian PM to visit China, meet Xi this week: Beijing

Sep 11, 2023 (AFP)

"At the invitation of Premier Li Qiang... Cambodian Prime Minister Hun Manet will pay an official visit to China from September 14th to 16th," foreign ministry ...

Markets mostly rise as US inflation data looms

Sep 11, 2023 (AFP)

After a slow start Asian traders turned more positive through the day and tracked last week's gains on Wall Street, with data showing a pick-up in Chinese infla...

No decision yet on quitting China's Belt and Road: Italy PM

Sep 10, 2023 (AFP)

"We have yet to make a decision," Meloni told a press conference at the close of the G20 summit in New Delhi, a day after meeting for talks with Chinese Premier...

China emerges from deflation as August prices rebound

Sep 09, 2023 (AFP)

Last month's CPI, the main gauge of inflation, rose 0.1 percent year on year, the National Bureau of Statistics said. China briefly slipped into deflation in Ju...

G20 gathers in India, without China's Xi

Sep 08, 2023 (AFP)

The Group of 20 was conceived in the throes of the 2008 financial crisis as a way of managing the global economy. But finding consensus among members has been i...

Asian markets extend losses as US rate hike fears build

Sep 08, 2023 (AFP)

The losses extended a sell-off endured for most of the week as various indicators suggested the world's top economy was in rude health and the battle against in...