TRADE WARS - ROBO DAILY

Foreign business lobbies warn working in China harder than ever

Sep 19, 2023 (AFP)

There was a burst of consumer exuberance after China lifted its strict zero-Covid policies late last year. But weak consumption, a crisis in the massive propert...

Asian markets drop ahead of Fed decision, oil prices push higher

Sep 19, 2023 (AFP)

The meeting comes during a crucial week for markets, with the Bank of England expected to unveil what could be its last interest rate hike of this cycle, while ...

World Bank, IMF meetings to proceed in Morocco despite quake

Sep 19, 2023 (AFP)

The 6.8-magnitude earthquake hit Al-Haouz province south of Marrakesh on September 8, killing nearly 3,000 people and injuring thousands more. In a joint statem...

China's Country Garden wins approval to extend key bond

Sep 19, 2023 (AFP)

Two bondholders told Bloomberg News they had been briefed by an underwriter that the proposal to extend the 492 million yuan ($67 million) note had been passed....

Top EU official says 'unpredictability' of Chinese law worries foreign firms

Sep 19, 2023 (AFP)

Vera Jourova, who is also the commission's vice president, made the comments after talks on Monday with Chinese counterparts including Vice Premier Zhang Guoqin...

China appeals WTO ruling over its retaliatory tariffs on US imports

Sep 19, 2023 (AFP)

The chair of WTO's Dispute Settlement Body informed diplomats Tuesday that China had notified its decision to appeal a ruling last month by a panel of experts f...

Starbucks opens $220 million plant outside Shanghai

Sep 19, 2023 (AFP)

A survey released Tuesday by the American Chamber of Commerce in Shanghai reported optimism among US businesses in China was at a "record low", mainly blaming t...

Optimism 'at record low' for US firms in China

Sep 19, 2023 (AFP)

The findings by the American Chamber of Commerce (AmCham) Shanghai come as the government enacts a series of measures to prop up the sluggish economy. There was...

Asian markets stutter 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...

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 ...

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...

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...

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...

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...

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...

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...

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...