TRADE WARS

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Asian, European traders welcome Fed tilt to fight inflation
Dec 16, 2021 (AFP)
While the much-anticipated decision spells an end to the age of ultra-loose monetary policy, investors cheered the fact the US central bank had outlined a plan ...
Asian markets mostly up as traders cheer Fed tilt to fight inflation
Dec 16, 2021 (AFP)
While the much-anticipated decision spells an end to the age of ultra-loose monetary policy, investors cheered the fact the US central bank had outlined a plan ...
Beijing condemns US sanctions on Chinese painkiller firms
Dec 16, 2021 (AFP)
As people dealing with addiction increasingly turn to cheaper pills bought online from abroad, President Joe Biden signed an executive order on Wednesday that m...
China property firm says 'has lost touch' with company it gave $300 million
Dec 16, 2021 (AFP)
China Fortune Land Development said in a filing to the Shanghai Stock Exchange that it had recently "lost contact" with China Create Capital after handing over ...
Most Asian markets retreat as Fed prepares faster taper
Dec 15, 2021 (AFP)
Pressure is mounting on central banks around the world to act in order to get a grip on runaway inflation, which has been sent soaring this year by a spike in e...
China's retail sales growth eases, factory output picks up
Dec 15, 2021 (AFP)
A rebound in the world's second-biggest economy has been losing steam, with indicators muted last month, after the country made a swift coronavirus recovery hel...
Chinese developer Shimao share plunge adds to property woes
Dec 14, 2021 (AFP)
Chinese property firms have struggled in the wake of Beijing's drive last year to curb excessive debt in the real estate sector as well as rampant consumer spec...
Asia markets down on Omicron, Fed tapering fears
Dec 14, 2021 (AFP)
As policymakers on both sides of the Atlantic contend with soaring prices, the US Federal Reserve is scheduled to announce its latest interest-rate decision on ...
China's Evergrande restructuring: What's the plan?
Dec 10, 2021 (AFP)
What would a restructuring mean for creditors, homeowners and investors? - Who gets priority? - The government is keen to limit any contagion hitting the financ...
Asia markets follow Wall Street with broad gains
Dec 09, 2021 (AFP)
In Hong Kong, the Hang Seng Index was up 1.05 percent, though Tokyo's Nikkei 225 was down 0.47 percent to end at 28,725.47. After a rollercoaster ride since Omi...
EU seeks to clarify status of delivery app workers
Dec 09, 2021 (AFP)
The proposal by the EU executive is an effort to sort out once and for all the employment status of millions of drivers and delivery people that the major platf...
China's debt-crippled Evergrande defaults; What happens next?
Dec 09, 2021 (AFP)
The Chinese government sparked a crisis within the property industry when it launched a drive last year to curb excessive debt among real estate firms as well a...
China's Xi calls for 'new level' of ties with Germany under Scholz
Dec 08, 2021 (AFP)
"China is willing to consolidate and deepen political mutual trust, expand exchanges and cooperation in various fields with Germany," Xi told Scholz, according ...
China's Evergrande: How will a 'controlled demolition' impact the economy?
Dec 08, 2021 (AFP)
- What happened to Evergrande? - The Chinese government sparked a crisis in the property industry when it launched a drive last year to curb excessive debt amon...
Evergrande misses debt repayment, looks to restructure
Dec 07, 2021 (AFP)
As a 30-day grace period on $82.5 million in overdue coupon payments ended Tuesday, Bloomberg News reported some bondholders had yet to receive payment, citing ...
Evergrande looks to restructure, sets up risk committee
Dec 07, 2021 (AFP)
The company's struggles to meet its commitments have fanned concerns about China's property sector, which forms a substantial part of the world's second-biggest...
China's export growth lost steam in November: official
Dec 07, 2021 (AFP)
Strong exports have helped to boost growth in the world's second-largest economy since mid-2020, with China containing domestic outbreaks through tough lockdown...
Asia markets up as Omicron fears ease
Dec 07, 2021 (AFP)
The Omicron variant has been detected across the globe but no deaths have yet been reported, with authorities worldwide racing to determine how contagious it is...
Asia markets mixed as investors eye Omicron, Chinese tech woes
Dec 06, 2021 (AFP)
The Omicron variant has been detected across the globe but no deaths have yet been reported, with authorities worldwide racing to determine how contagious it is...
IMF sees China's growth 'slowing notably'
Dec 06, 2021 (AFP)
The head of the Washington-based crisis lender held a virtual meeting with Chinese Premier Li Keqiang and discussed topics ranging from inflation to the recover...
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