TRADE WARS - ROBO DAILY

Myanmar fighting blocks key trade routes with China

Nov 11, 2023 (AFP)

Fighting has raged across northern Shan state for two weeks, displacing almost 50,000 people, according to the United Nations, and posing the most serious milit...

Equities in retreat as Powell warns rate hikes still on table

Nov 10, 2023 (AFP)

His comments brought down the curtain on a rally across equities sparked last week when officials hinted that their long-running tightening cycle may be at an e...

Blinken in India for talks on China, Israel

Nov 10, 2023 (AFP)

Blinken and US Secretary of Defense Lloyd Austin joined foreign minister Subrahmanyam Jaishankar and defence minister Rajnath Singh for annual "two-plus-two" ta...

China slipped back into deflation in October: data

Nov 09, 2023 (AFP)

The figures come after figures earlier in the week showed a forecast-busting bounce in imports that had lifted hopes the country's vast army of consumers were b...

Most Asian markets see fresh gains as traders await Fed guidance

Nov 09, 2023 (AFP)

Last week's hint by the US central bank at an end to its interest rate-hiking cycle, followed by data showing a softer labour market, has provided traders with ...

Markets drift as traders weigh outlook for rates

Nov 08, 2023 (AFP)

While Wall Street enjoyed another advance, there were few catalysts to drive business and, with geopolitical tensions relatively subdued, US monetary policy is ...

Asian markets drift as traders weigh outlook for rates

Nov 08, 2023 (AFP)

While Wall Street enjoyed another advance, there were few catalysts to drive business, and with geopolitical tensions relatively subdued, US monetary policy is ...

US lends $553 million for deep-sea terminal in Sri Lanka

Nov 08, 2023 (AFP)

Sri Lanka sits astride the world's busiest shipping route, which links the Middle East and East Asia, giving its maritime assets strategic importance. The new C...

China owed more than $1 trillion in Belt and Road debt: report

Nov 07, 2023 (AFP)

Beijing says upwards of 150 countries stretching from Uruguay to Sri Lanka have signed up to the BRI, a vast global infrastructure push unveiled by President Xi...

Asian markets take a breather after Fed rate pause rally

Nov 07, 2023 (AFP)

Investors were unable to maintain the momentum seen after US officials hinted that the era of rising borrowing costs was over, while a jump in Treasury yields M...

China's exports extend slump in October: data

Nov 07, 2023 (AFP)

Beijing has sought to boost business activity in a country grappling with a major property crisis and weaker consumption since officials abolished their strict ...

IMF raises China 2023 growth forecast to 5.4%

Nov 07, 2023 (AFP)

After a tough year for the world's number-two economy, there have been flickers of life in recent weeks, with third-quarter expansion coming in more than expect...

US Treasury chief, Chinese vice premier to meet before APEC summit

Nov 06, 2023 (AFP)

Yellen will host He for two days of bilateral meetings, at "a time of more intensive diplomacy" aimed at stabilizing ties and helping with progress on economic ...

China, Australia can become 'trusting' partners, Xi says

Nov 06, 2023 (AFP)

Beijing is Canberra's biggest trading partner, but relations plummeted in 2020 after Australia's then-conservative government barred Chinese tech giant Huawei f...

Asia builds on global stocks rally as US jobs data cements rate hopes

Nov 06, 2023 (AFP)

After a tough year for traders, the bank's decision last week to pause on monetary policy for a second meeting and hint that it would not tighten further has pr...

Australia's PM sees 'promising signs' of better China ties

Nov 06, 2023 (AFP)

After years of deep rancour between the two trading partners, Anthony Albanese predicted a "constructive discussion" with China's leader and lauded recently imp...

US China policy chief meets Beijing's top borders official

Nov 04, 2023 (AFP)

Mark B. Lambert, the U.S. Department of State China coordinator and deputy assistant secretary for China and Taiwan, met the Chinese Director-General for Bounda...

Transportation Dept. announces $653M in federal funds to strengthen nation's ports

Nov 03, 2023 (UPI)

The Port Infrastructure Development Program, announced Friday by DOT's Maritime Administration, aims to increase capacity and efficiency at coastal seaports, Gr...

Asia extends global stocks rally on rate optimism, jobs in focus

Nov 03, 2023 (AFP)

After a fallow past two months, markets have recovered some of their mojo after the US central bank left borrowing costs on hold for a second straight meeting a...

China's Xi asks Scholz to push EU to boost 'fair market competition'

Nov 03, 2023 (AFP)

Beijing and the EU are major trade partners but the bloc has recently signalled a desire to reduce reliance on trade with China in technology and other areas. T...