TRADE WARS - ROBO DAILY

US, China discuss 'severe' economic challenges, supply chains

Jul 05, 2022 (AFP)

The exchange between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen came as President Joe Biden considers lifting some tariffs on imports fr...

Markets mostly up on talk Biden to roll back some China tariffs

Jul 05, 2022 (AFP)

The mood on trading floors has become increasingly gloomy in recent months as observers warn that sharp interest rate hikes aimed at curbing price rises could c...

Chinese developer Shimao misses $1 bn bond payment; Asia stocks mixed

Jul 04, 2022 (AFP)

China's real estate sector has been struggling since authorities began a crackdown on excessive debt and rampant consumer speculation in 2020, with giants such ...

Asian markets drop with traders gripped by recession fear

Jul 01, 2022 (AFP)

Data showing US consumers -- the backbone of the world's top economy -- were growing increasingly reticent about spending dealt a fresh blow to equities Thursda...

Markets mostly down on recession fear, China data lends some light

Jun 30, 2022 (AFP)

The rally enjoyed across the world last week appears to have given way to nervousness about the economic outlook, while the Ukraine war continues to sow uncerta...

Volkswagen boss 'concerned' about Berlin's China policy

Jun 30, 2022 (AFP)

The response came a month after Berlin denied investment guarantees to VW's operations in Xinjiang, where the Chinese government is accused of leading a crackdo...

EU beefs up powers to vet unfair foreign subsidies

Jun 30, 2022 (AFP)

Once in force, the new rules will give EU competition authorities fresh abilities to probe foreign companies seeking to snap up EU-based firms or public contrac...

EU and New Zealand seal 'state-of-the-art' trade deal

Jun 30, 2022 (AFP)

"This is a historic moment in our cooperation," EU commission chief Ursula von der Leyen told reporters at a joint appearance with New Zealand's Prime Minister ...

Services, manufacturing rebound in China after Covid curbs eased

Jun 30, 2022 (AFP)

The non-manufacturing Purchasing Managers' Index (PMI), a key gauge of activity in the world's second-biggest economy, defied expectations and surged to 54.7 po...

China accuses G7 of 'creating division' over trade criticism

Jun 29, 2022 (AFP)

G7 leaders had slammed China's "non-transparent and market-distorting" international trade tactics on Tuesday, in a statement that also vowed to reduce "strateg...

Hong Kong economy faces uncertain future 25 years after handover

Jun 29, 2022 (AFP)

Under a deal signed with Britain ahead of the 1997 handover, China promised Hong Kong could keep its capitalist system for 50 years, an arrangement that helped ...

Asian markets bounce as China eases quarantine measures

Jun 28, 2022 (AFP)

The news came as Beijing and Shanghai appeared to have contained a Covid outbreak that had forced officials to impose lockdowns that had compounded global suppl...

Global stocks split on China, US consumer confidence

Jun 28, 2022 (AFP)

In a major shift, Chinese authorities shortened quarantine for inbound travelers to just 10 days instead of three weeks, fueling hopes of recovery for the world...

G7 takes aim at China over 'market-distorting' practices

Jun 28, 2022 (AFP)

The statement, which also pledged to reduce "strategic dependencies" on China, came hours before the leaders join a larger group of their counterparts at a NATO...

Stocks bounce as China eases quarantine measures

Jun 28, 2022 (AFP)

The news came as Beijing and Shanghai appeared to have contained a Covid outbreak that had forced officials to impose lockdowns that compounded global supply ch...

Stocks split on China, US consumer confidence

Jun 28, 2022 (AFP)

But US equities were hit by another disappointing economic sentiment indicator, reviving investor concerns about the impact of a likely recession. The news from...

G7 to condemn China's 'distorting' trade practices: US official

Jun 28, 2022 (AFP)

"You'll see leaders release a collective statement, which is unprecedented in the context of the G7, acknowledging the harms caused by China's non-transparent, ...

Hong Kong's history: From backwater to trading metropolis

Jun 28, 2022 (AFP)

But the territory was once a quiet backwater of rural hamlets and fishing communities, where mountainous terrain dominated sparse human settlement. Twenty-five ...

Markets extend rally as rate hike fears subside

Jun 27, 2022 (AFP)

With prices surging at a pace not seen in a generation, finance chiefs have been forced to lift borrowing costs and wind back their ultra-loose monetary policie...

US, Taiwan hold first round of trade talks

Jun 27, 2022 (AFP)

Deputy US Trade Representative Sarah Bianchi and Taiwan's top trade negotiator John Deng held the inaugural meeting of the US-Taiwan Initiative on 21st-Century ...