TRADE WARS

News About World Trade

7,453 articles

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...
European stocks rise, bucking slides in Asia, US
May 03, 2023 (AFP)
London, Frankfurt and Paris were all enjoying modest gains as cautious investors awaited an anticipated US Federal Reserve interest rate hike later in the day, ...
US pick Ajay Banga confirmed as new World Bank president
May 03, 2023 (AFP)
"The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process," the development lender wrote in a statement published shortly aft...
HSBC pre-tax profits jump to $12.9 billion in first quarter
May 02, 2023 (AFP)
The London-headquartered bank's first-quarter profits represented a $9 billion jump from the same period last year. The strong performance enabled HSBC to annou...
Hong Kong reports Q1 GDP growth after 2022 contraction
May 02, 2023 (AFP)
Chief Executive John Lee said the city's quarterly gross domestic product had grown 2.7 percent on-year, reversing contractions in the previous four quarters, i...
HSBC profit rockets on rising interest rates
May 02, 2023 (AFP)
Profit after tax almost quadrupled to $10.3 billion in the three months to March from a year earlier, UK-headquartered HSBC said, while also pouring cold water ...
Biden, Marcos discuss securing tense South China Sea
May 01, 2023 (AFP)
Marcos is on a four-day trip that follows last week's state visit to Washington by South Korean President Yoon Suk Yeol and a White House meeting in January bet...
China factory activity cools in April as recovery challenges loom
Apr 30, 2023 (AFP)
The official manufacturing purchasing managers' index (PMI) -- a key gauge of Chinese factory output -- fell unexpectedly to 49.2 in April from 51.9 in March, a...
Asian stocks rise on renewed confidence, strong earnings
Apr 28, 2023 (AFP)
The Nikkei was the region's biggest winner, closing 1.4 percent higher following a decision by the Bank of Japan to maintain its easy money policy. Tokyo also g...
Asian stocks rise after shaky start
Apr 27, 2023 (AFP)
Blockbuster earnings lifted the tech-heavy Nasdaq on Wednesday, with both Microsoft and Meta soaring after delivering expectation-beating reports, but recession...
Asian stocks mixed after lacklustre session on Wall Street
Apr 27, 2023 (AFP)
Blockbuster earnings results lifted the tech-heavy Nasdaq on Wednesday, but recession fears and concerns over the health of the banking sector dragged down the ...
Asian stocks off to shaky start after rout on Wall Street
Apr 26, 2023 (AFP)
Lacklustre US consumer data and mixed earnings reports fed those fears during trading hours, with US stocks in the red the entire day. But US equities futures, ...
Argentina to pay for Chinese imports in yuan instead of dollars
Apr 26, 2023 (AFP)
The South American country will be able to "program a volume of imports in yuan worth (the equivalent of) more than $1 billion from next month," Massa said at a...
Brazil, Spain want EU-South America deal by year end
Apr 26, 2023 (AFP)
The EU in 2019 reached a trade deal with the Mercosur bloc, comprising Argentina, Brazil, Paraguay and Uruguay, after 20 years of negotiations. But the deal has...
UK's Cleverly to urge against isolating China
Apr 25, 2023 (AFP)
In a speech in London setting out Prime Minister Rishi Sunak's foreign policy towards Beijing after a review, Cleverly will advocate constructive engagement on ...
Hong Kong shares drop sharply on major losses in Chinese firms
Apr 25, 2023 (AFP)
It was the third straight day of losses on the Hang Seng Index, with Alibaba Group Holdings down more than three percent, internet giant Baidu down nearly four ...
Hong Kong drops sharply on major losses in Chinese firms
Apr 25, 2023 (AFP)
It was the third straight day of losses on the Hang Seng Index, with Alibaba Group Holdings down more than three percent, internet giant Baidu down more than fo...
Asian stocks mixed ahead of tech earnings results
Apr 24, 2023 (AFP)
Wall Street ended slightly up on Friday after a relatively calm week as a wait-and-see mood took hold of markets ahead of earnings data from the likes of Amazon...
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