TRADE WARS

News About World Trade

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Markets drift lower as US inflation data looms
May 10, 2023 (AFP)
After last week's Federal Reserve interest rate hike and a forecast-beating jobs report, focus is lasered on the consumer price index reading later in the day, ...
Police raids 'wake-up call' for China-based consultancies: Capvision
May 10, 2023 (AFP)
Beijing has recently taken action against several US firms in the sector, detaining local staff from due diligence company Mintz Group and questioning employees...
Germany says controversial Chinese stake in Hamburg port to go ahead
May 10, 2023 (AFP)
The government controversially gave the go-ahead in October for state-owned Chinese shipping giant Cosco to buy up to a 24.9-percent stake in the Tollerort cont...
China says US consultancy Capvision raided to 'safeguard national security'
May 09, 2023 (AFP)
"China's national security agencies and relevant departments have recently carried out open law enforcement actions against the relevant company in accordance w...
China exports rise at a slower pace in April
May 09, 2023 (AFP)
Rising global inflation, the threat of recession elsewhere and geopolitical tensions with the United States have weakened demand for Chinese products. Exports g...
Asian, European markets mostly down as US inflation moves into focus
May 09, 2023 (AFP)
While the region enjoyed a healthy start to the week, there remains plenty of nervousness on trading floors after last week's upheaval in the US banking sector,...
The key issues straining China-Canada relations
May 09, 2023 (AFP)
The expulsions are the latest episode in a souring of relations between the two countries that began five years ago: - Arrest of Meng Wanzhou - Their once-rosy ...
China cites 'national security' in raid on US consultancy Capvision
May 09, 2023 (AFP)
"China's national security agencies and relevant departments have recently carried out open law enforcement actions against the relevant company in accordance w...
Most Asian markets rise after strong US jobs, rebound in banks
May 08, 2023 (AFP)
However, investors remain wary of any further upheaval in the US financial system following last week's turmoil that saw sale of the embattled First Republic Ba...
Markets rise after strong US jobs, rebound in banks
May 08, 2023 (AFP)
But investors remain wary of any further upheaval in the US financial system following last week's turmoil that saw the sale of the embattled First Republic Ban...
China foreign minister calls to 'stabilise relations' with US
May 08, 2023 (AFP)
Qin's discussions with Nicholas Burns in Beijing are one of the highest level meetings between the two countries since Washington shot down an alleged Chinese s...
Nicaraguan paradise draws Americans, Europeans despite political strife
May 06, 2023 (AFP)
San Juan del Sur, on the Pacific coast 140 kilometers (85 miles) south of Managua on the border with Costa Rica, is an ideal place to retire or set up a busines...
HSBC defeats proposal to spin off bank's Asia ops
May 05, 2023 (AFP)
Of the shareholders who voted, more than 80 percent opposed the call to break up the Asia-focused bank, HSBC said in a statement. The vote took place during HSB...
Chinese fast fashion giant Shein denies low prices due to forced labour
May 05, 2023 (AFP)
Founded in China in 2008, Shein has swiftly claimed a top place in the global fast-fashion marketplace, offering young social-media-savvy customers low-priced c...
Hong Kong rises as Europe, US attempt rebounds
May 05, 2023 (AFP)
US equities futures were trading in the green a day after all three major US indices finished sharply down thanks to banking sector turmoil and another quarter-...
Asian stocks mixed after slide on Wall Street
May 05, 2023 (AFP)
All three major US indices ended the day in the red, while regional bank shares nosedived following another quarter-point hike from the US Federal Reserve. PacW...
HSBC faces shareholder vote on splitting bank
May 05, 2023 (AFP)
Asia-focused HSBC has urged shareholders to vote down the proposal at its annual general meeting in Birmingham, central England. The vote comes at the end of a ...
Asian markets rise after shrugging off US rate hike
May 04, 2023 (AFP)
All three major US indices declined along with the dollar after the Fed's hike, while recession worries drove US oil prices below $70 a barrel, where they remai...
Biden administration warns China hopes for US debt 'chaos'
May 04, 2023 (AFP)
"They love to see chaos in the American system," senior White House economics official Shalanda Young told reporters. "They love to see that we can't do our bas...
Taking the high road: India infrastructure drive counters China
May 04, 2023 (AFP)
It is in the far northeastern Indian state of Arunachal Pradesh, almost all of which Beijing insists falls under its sovereignty as "South Tibet". The Asian gia...
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