TRADE WARS

News About World Trade

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Most markets rise ahead of Powell testimony, US jobs data
Mar 07, 2023 (AFP)
His remarks will be closely followed for an idea about the central bank's plans as it ramps up interest rates to quell inflation. A recent run of figures has su...
China backing paves way for Sri Lanka financing: IMF
Mar 07, 2023 (AFP)
"Sri Lanka has now received financing assurances from all major bilateral creditors," said Krishna Srinivasan, director of IMF's Asia and Pacific Department, in...
Asian markets rise ahead of Powell testimony, US jobs data
Mar 07, 2023 (AFP)
His remarks will be closely followed for an idea about the central bank's plans as it ramps up interest rates to quell inflation. A recent run of figures has su...
Global stocks mixed as China eyes 'around 5%' growth in 2023
Mar 06, 2023 (AFP)
Wall Street looked poised early Monday to extend the rally from late last week, but momentum faded later in the day. Major US indices finished near flat. The mo...
Asian markets start positively, China shares slump
Mar 06, 2023 (AFP)
Traders in Tokyo appeared bullish about positive news flowing in from the United States where Wall Street had rallied on Friday. An end-of-week slide in Treasur...
President Xi vows to boost manufacturing as China targets 5% growth
Mar 06, 2023 (AFP)
Speaking at the annual gathering of the rubber-stamp parliament in Beijing on Sunday, Xi said China should be able to fend for itself. "I've always said there a...
China sets economic growth target of 'around 5%' for 2023
Mar 05, 2023 (AFP)
The target was announced in a work report delivered by outgoing Premier Li Keqiang as the rubber-stamp parliament opened at the capital's Great Hall of the Peop...
Ericsson to pay over $200 mn for breaching US deal over Iraq graft: statement
Mar 03, 2023 (AFP)
The company entered "a guilty plea regarding previously deferred charges relating to conduct prior to 2017," for not disclosing an internal 2019 investigation r...
China to unveil lowest growth goal in years: analysts
Mar 03, 2023 (AFP)
Thousands of party delegates from across China will converge on Beijing for a rubber stamp conclave set to confirm key personnel appointments and make policy fo...
EU eyes trade deal with US to access green benefits
Mar 03, 2023 (AFP)
Officials are hoping to make progress on this as early as next week, when Biden hosts European Commission chief Ursula von der Leyen at the White House. In thos...
Markets rise with Wall St on lower rate hopes
Mar 03, 2023 (AFP)
A strong run of data sent chills through trading floors in February -- wiping out almost all January's rally -- as investors realised the US central bank had mo...
Biden to host EU chief von der Leyen on March 10
Mar 02, 2023 (AFP)
The leaders will review the "strong cooperation" between the United States and European Union in supporting Ukraine's fight against the Russian invasion, the Wh...
Markets mixed as US rate saga plays against China reopening
Mar 02, 2023 (AFP)
The region enjoyed a much-needed day in the sun Wednesday after forecast-busting Chinese factory data reinforced optimism the world's number two economy will bo...
US's Blinken says no plans to meet Russia, China at G20
Mar 01, 2023 (AFP)
The gathering in New Delhi on Thursday will be the first time US Secretary of State Blinken and Russian Foreign Minister Sergei Lavrov have been in the same roo...
Asian, European markets rise as China data spurs recovery hopes
Mar 01, 2023 (AFP)
The forecast-busting reading on manufacturing -- the highest since 2012 -- reinforced the view that the world's second-biggest economy will bounce back strongly...
China manufacturing activity surges in February
Mar 01, 2023 (AFP)
The world's second-largest economy is stirring back to life after Beijing's decision in December to abruptly drop its strict health measures, which mandated str...
Asian markets pick up but traders worry over looming rate hikes
Feb 28, 2023 (AFP)
The gains tracked advances on Wall Street, though investors will be keeping a wary eye on several data releases this week that will provide a fresh snapshot of ...
Biden's student debt relief plan challenged at Supreme Court
Feb 28, 2023 (AFP)
The high court's final ruling, expected sometime before June 30, will decide whether millions of Americans will see up to $20,000 of debt disappear, but could a...
Biden's student debt relief imperiled by conservative Supreme Court
Feb 28, 2023 (AFP)
A majority of the justices indicated in arguments presented Tuesday that they believe Biden exceeded his powers by adopting the costly program without specific ...
Asian markets drop on rate fears as US inflation runs hot
Feb 27, 2023 (AFP)
The report on the personal consumption expenditures price index followed blockbuster jobs figures and data showing prices coming down slower than hoped. This mo...
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