TRADE WARS

News About World Trade

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China's Evergrande Group halts trading in Hong Kong
Sep 28, 2023 (AFP)
The move -- which also saw its property services and electric vehicle units paused -- comes a day after Bloomberg reported that its billionaire boss Xu Jiayin w...
Oil extends rally as supply fears build, dollar holds strength
Sep 28, 2023 (AFP)
News that troubled Chinese developer Evergrande had suspended trading in its Hong Kong-listed shares added to the uncertainty, following a tepid lead from Wall ...
Markets mostly up but US rate outlook feeds uncertainty
Sep 27, 2023 (AFP)
With inflation still sitting well above the central bank's target and the labour market showing few signs of softening, decision-makers have warned that more ti...
World Bank chief vows to tackle 'dysfunctionality' at development lender
Sep 27, 2023 (AFP)
The former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its current twin mandate of poverty alleviati...
Asian, European markets on back foot over growing US rate worries
Sep 26, 2023 (AFP)
A small bounce on Wall Street was brushed off in early Asian trade, with a spike in US Treasury yields to fresh 16-year highs pushing the dollar even higher and...
Need for critical metals poses dilemmas for investors
Sep 26, 2023 (AFP)
With demand for fossil fuels expected to peak by the end of the decade, the focus is shifting towards lithium, cobalt, copper and other materials that are extra...
Asian, European markets on back foot on growing US rate worries
Sep 26, 2023 (AFP)
A small bounce on Wall Street was brushed off in early Asian trade, with a spike in US Treasury yields to fresh 16-year highs pushing the dollar even higher and...
EU trade chief warns businesses questioning future in China
Sep 25, 2023 (AFP)
China's refusal to condemn ally Russia for its war in Ukraine also poses a "reputational risk" for the world's second-largest economy, Trade Commissioner Valdis...
EU trade chief warns businesses questioning future in China
Sep 25, 2023 (AFP)
China's refusal to condemn ally Russia for its war in Ukraine also poses a "reputational risk" for the world's second-largest economy, Trade Commissioner Valdis...
Asian markets struggle as traders prepare for higher rates
Sep 25, 2023 (AFP)
Equities have come under pressure in recent weeks on bets that the US central bank will need to stick with its tightening bias well into next year as prices rem...
Chinese tourists get VIP welcome in Thailand as visa-free travel begins
Sep 25, 2023 (AFP)
Traditional dancers accompanied a smiling PM Srettha Thavisin as he greeted visitors arriving from Shanghai at Bangkok's Suvarnabhumi airport, handing out welco...
Evergrande shares sink after restructuring plan scrapped
Sep 25, 2023 (AFP)
The company collapsed more than 25 percent by the break, underscoring market concerns as China's property sector faces an unprecedented crisis. On Sunday evenin...
Markets struggle on prospect of higher rates, eyes on BoJ
Sep 22, 2023 (AFP)
With officials from the United States to Switzerland warning that more tightening will be needed, eyes turn to Tokyo, where the Bank of Japan is due to hold its...
EU seeks to put brakes on China without hurting ties
Sep 22, 2023 (AFP)
European Commission President Ursula von der Leyen was resolute when she announced the probe on September 13, denouncing unfair practices that undercut European...
New Thai PM meets Musk, US tech chiefs in investment push
Sep 22, 2023 (AFP)
Srettha Thavisin, a former property mogul who took office last month, has pledged to pep up the kingdom's financial fortunes, which were hit hard by the halt to...
US, China announce new economic working groups
Sep 22, 2023 (AFP)
The formation of the groups was agreed during talks in July between US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng in Beijing, the Treasu...
JPEX crypto fraud casts shadow over Hong Kong nascent policy
Sep 22, 2023 (AFP)
"Many of my classmates and friends went all in with our investments," Jenny -- not her real name -- who lost "six figures" in Hong Kong dollars, told reporters....
Markets mostly rise as traders try to look past expected rate hikes
Sep 22, 2023 (AFP)
With officials from the United States to Switzerland warning that more tightening will be needed, the Bank of Japan stood firm on its ultra-loose monetary polic...
Markets sink, dollar gains as Fed hints at fresh rate hike
Sep 21, 2023 (AFP)
With the world's number-one economy still in rude health and the labour market showing few signs of softening, central bank officials appeared confident they ha...
Asian markets sink with Wall St as rate fears grow ahead of Fed
Sep 20, 2023 (AFP)
While inflation has dropped from the eye-watering levels seen in the middle of last year, thanks to a long-running campaign on monetary tightening, a fresh spik...
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