TRADE WARS - OIL AND GAS DAILY

China, Hong Kong top hubs for fake goods: Europol

Jun 22, 2017 (AFP)

In 2015, the two territories "were the provenance of 86% of global counterfeiting and $396.5 billion worth of counterfeit goods," Europol said in a detailed 74-...

Macron faces EU summit pushback on Chinese investments

Jun 22, 2017 (AFP)

European leaders will discuss the thorny topic of international trade on the second day of an EU summit on Friday, as Europe seeks to champion free trade agains...

China freezes bank accounts of over 100 Myanmar traders

Jun 20, 2017 (AFP)

Myanmar's government has been negotiating with Chinese officials since the accounts were suspended last week by three banks based in China's Yunnan province, ac...

NAFTA renegotiation may extend into 2018: US official

Jun 19, 2017 (AFP)

The remarks underscore the pressures facing the current administration as it attempts to deliver on one of President Donald Trump's signature campaign pledges. ...

Japan logs surprise trade deficit in May as energy costs expand

Jun 19, 2017 (AFP)

Japan logged a surprise deficit of 203 billion yen ($1.8 billion), the first red ink in four months, according to data from the finance ministry, despite market...

China-backed bank boasts rising lending power

Jun 14, 2017 (AFP)

The brainchild of Chinese President Xi Jinping, the multilateral financial institution was launched in January 2016 to counter Western dominance of the World Ba...

IMF raises China growth forecast, urges faster reforms

Jun 14, 2017 (AFP)

The International Monetary Fund expects China to expand by 6.7 percent this year, faster than its previous estimate of 6.6 percent due to expanding credit and i...

China factory output rises in May but officials guarded

Jun 14, 2017 (AFP)

The reading on industrial production, a key engine of growth, comes as Beijing wrestles with huge debt and excess capacity left over from massive government-bac...

Britain can stay in EU but perks will end: Verhofstadt

Jun 14, 2017 (AFP)

A day after France and Germany both said Britain could reverse Brexit if it wanted, Verhofstadt said Britain's budget rebates and opt outs from EU rules would d...

French miner signs Guinea bauxite deal with Franco-Asian consortium

Jun 14, 2017 (AFP)

Societe Miniere de Boke (SMB), a joint French-Chinese-Singaporean venture, has been operating in the city of Boke since 2014, and completed the deal with AMR at...

Crown staff charged in China gambling crackdown

Jun 13, 2017 (AFP)

The marketing employees were seized in raids across China in October, including an executive in charge of luring rich Chinese to Australia, as Beijing cracks do...

ECB swaps some dollar reserves for renminbi

Jun 13, 2017 (AFP)

The Frankfurt institution "completed an investment equivalent to 500 million euros ($560 million) of the ECB's foreign reserves in Chinese renminbi (CNY) during...

China condemns EU for new steel anti-dumping duties

Jun 10, 2017 (AFP)

The 28-nation bloc said on Friday that it would levy duties of up to 35.9 percent on Chinese hot-rolled flat steel in an attempt to create a level playing field...

China factory gate inflation slows to 5.5% in May

Jun 09, 2017 (AFP)

The producer price index (PPI) rose 5.5 percent year-on-year, according to the National Bureau of Statistics (NBS), slightly lower than economists' expectation ...

Chinese exports, imports beat forecasts but analysts wary

Jun 08, 2017 (AFP)

The readings will come as a relief after a series of weak readings suggesting a recent pick-up could be fizzling, while there are also lingering concerns about ...

Trump saw Paris climate pact as economic straitjacket

Jun 04, 2017 (AFP)

Elected in no small part thanks to voters in "rust belt" industrial and mining states, Trump pledged as a candidate to breathe new life into traditional sectors...

Trade row blocks EU-China climate statement: EU source

Jun 02, 2017 (AFP)

The EU source said leaders from both sides had no problem with on the climate issue as both sides want to boost efforts to implement the 2015 Paris agreement fo...

Goldman Sachs CEO defends Paris deal in first-ever tweet

Jun 01, 2017 (AFP)

"Today's decision is a setback for the environment and for the U.S.'s leadership position in the world," Goldman Sachs chief executive Lloyd Blankfein said on T...

China manufacturing down for 1st time in 11 months: Caixin

Jun 01, 2017 (AFP)

The figures compare with an official reading Wednesday suggesting China factory activity expanded in May. Recent indicators have pointed to slowing growth in th...

Layoffs rile India's flagship IT sector

May 31, 2017 (AFP)

IT outsourcing has long been one of India's flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald T...