TRADE WARS - ROBO DAILY

Indian foreign minister defends ties with Myanmar junta

Aug 18, 2022 (AFP)

Myanmar's decade-long experiment with democracy was halted last year and the country has since spiralled into bloody conflict after the military ousted Aung San...

Asian markets drop as Fed minutes cause fresh rate hike woe

Aug 18, 2022 (AFP)

While policymakers said they would eventually have to start tempering their tightening pace, they said they would keep borrowing costs elevated "for some time",...

UK blocks Chinese takeover of UK electronics group

Aug 18, 2022 (AFP)

A statement Wednesday said Britain's Business Secretary Kwasi Kwarteng "considers that the final order is necessary and proportionate to mitigate the risk to na...

Asian markets fluctuate as traders weigh economic outlook

Aug 17, 2022 (AFP)

But while officials at the Federal Reserve and its peers are expected to keep tightening monetary policy for the rest of the year, talk is building that they wi...

Oil prices suffer more losses, stocks mixed

Aug 16, 2022 (AFP)

Wall Street provided a strong lead as tech firms were supported by bets that the Federal Reserve will not lift borrowing costs by 75 basis points for a third st...

Stuttering China recovery weighs on Asian markets

Aug 15, 2022 (AFP)

China's central bank slashed key interest rates in a surprise move Monday as a raft of data showed weakness in the world's second-largest economy. The figures s...

China's factory output, retail sales up in July but weaker than expected

Aug 15, 2022 (AFP)

The world's second-biggest economy saw a bounce in business activity as some coronavirus restrictions eased in June, but the boost is fading and Beijing remains...

Sri Lanka allows controversial Chinese ship visit

Aug 13, 2022 (AFP)

The Yuan Wang 5 is described as a research and survey vessel by international shipping and analytics sites, but according to Indian media it is a dual-use spy s...

Ping An to insist on HSBC Asia spin-off proposal: reports

Aug 12, 2022 (AFP)

The restructuring bid highlights HSBC's precarious position as US-China tensions rise, with some observers doubting whether Europe's largest lender can continue...

'Hopeless': Chinese homebuyers run out of patience with developers

Aug 12, 2022 (AFP)

Saddled with $300,000 in debt and with his unit nowhere near completion, the 34-year-old decided he had had enough and stopped making mortgage payments. He is a...

US to boost Taiwan trade, conduct transits in straits

Aug 12, 2022 (AFP)

A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next few weeks, said Kurt Campbell, White House coordinator...

Stock markets mixed as traders contemplate more rate hikes

Aug 12, 2022 (AFP)

Equities surged across the region Thursday after the closely watched US consumer prices index eased more than expected in July, boosting hopes the Federal Reser...

Five major Chinese firms to delist from NYSE

Aug 12, 2022 (AFP)

Sinopec and PetroChina -- two of the world's biggest energy firms -- will apply for "voluntary delisting" of their American depositary shares, the companies sai...

Markets track Wall St rally as soft US inflation boosts rate hopes

Aug 11, 2022 (AFP)

The below-forecast reading on consumer prices came on the back of a sharp drop in energy costs and provided a much-needed boost to risk assets across the board....

Asian, European markets hit by rate fears ahead of inflation data

Aug 10, 2022 (AFP)

Investors are preparing for the consumer price figures with a sense of dread as analysts warn a forecast-beating reading would ramp up bets on another big Feder...

China's consumer inflation pushes higher

Aug 10, 2022 (AFP)

Compared with other countries, consumer costs in the world's second-biggest economy have not skyrocketed, largely spared the impact of a global surge in food pr...

France reverses Russia ban after chateau turns away visitors

Aug 09, 2022 (AFP)

Once the residence of French kings and among Europe's best-preserved monuments of its kind, the castle is for the most part open to the public, including for to...

Asian markets mixed as focus turns to inflation data

Aug 09, 2022 (AFP)

A rally across global markets from June lows appears to have hit the buffers after Friday's forecast-busting employment reading showed the world's top economy r...

Asian markets mostly up as focus turns to inflation data

Aug 09, 2022 (AFP)

A rally across global markets from June lows appeared to have hit the buffers after Friday's forecast-busting employment reading showed the world's top economy ...

China Evergrande to get $818 mn for scrapping stadium deal

Aug 05, 2022 (AFP)

The real estate behemoth has been involved in restructuring negotiations after racking up $300 billion in liabilities in the wake of Beijing's crackdown on exce...