TRADE WARS

News About World Trade

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Stocks hit as recession fears overshadow China reopening hope
Dec 07, 2022 (AFP)
The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks warned of tough times ahead in 20...
Asian markets swing as Fed worries offset China Covid easing
Dec 06, 2022 (AFP)
After a strong start to the week in the region, traders tracked a big drop on Wall Street that came on the back of data showing a forecast-busting jump in activ...
Canada doubles trade surplus as exports to China hit new high
Dec 06, 2022 (AFP)
Total exports rose 1.5 percent to Can$67.0 billion, outpacing a 0.6 percent increase in imports valued at Can$65.8 billion, according to Statistics Canada. The ...
Stocks rise as China eases more Covid measures
Dec 05, 2022 (AFP)
The moves helped offset a forecast-busting US jobs report that dented hopes that the Federal Reserve will take a softer approach to hiking interest rates in its...
EU chief says bloc must act over US climate plan 'distortions'
Dec 04, 2022 (AFP)
EU countries have poured criticism on Washington's landmark Inflation Reduction Act (IRA), seeing it as anti-competitive and a threat to European jobs, especial...
Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data
Dec 02, 2022 (AFP)
Another positive inflation data release out of the United States added to expectations that the US central bank will take a lighter approach to lifting borrowin...
Asia extends stocks rally as dollar drops on Fed rate optimism
Dec 01, 2022 (AFP)
A growing sense of hope that months of sharp monetary tightening around the world is finally reining inflation back from its decades-long highs sent equities su...
Markets rise as traders weigh China moves, await Fed's Powell
Nov 30, 2022 (AFP)
Traders were also nervously awaiting a key policy speech by Federal Reserve chief Jerome Powell later in the day that could outline the bank's strategy for tack...
China's factory activity contracts as Covid disruptions spread
Nov 30, 2022 (AFP)
The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 48.0, down from October's 49.2 and well...
Stocks, crude rise as China fears give way to Covid easing hopes
Nov 29, 2022 (AFP)
The gains were led by a rally in Hong Kong and Shanghai, with property firms enjoying a much-needed surge on the back of moves to ease funding restrictions on t...
HSBC bank sells Canadian ops for over US$10 bn
Nov 29, 2022 (AFP)
The large sale comes after UK-listed HSBC faced calls from biggest shareholder Ping An Insurance Group to cut costs and shift more resources to Asia. HSBC added...
EU chief heads to China amid protest crackdown
Nov 29, 2022 (AFP)
Earlier in the day, China's top security body, the ruling Communist Party's Central Political and Legal Affairs Commission, had called for a "crackdown" on the ...
Tough France-US talks on industrial subsidies: senator
Nov 29, 2022 (AFP)
Coons, a Democratic senator for Delaware and leader of the Congressional French Caucus, talked to AFP about the French president's visit and goals. Q: President...
IMF may lower China growth forecasts as factory activity contracts in Covid's wake
Nov 29, 2022 (AFP)
"There is indeed the possibility that, in this time of very high uncertainty, we might have to revise these projections down," Georgieva said, referring to the ...
China Covid lockdowns shut delivery workers out of their homes
Nov 28, 2022 (AFP)
Officials in the Chinese capital have doubled down on the country's hallmark zero-Covid policy in recent weeks, one of an array of cities to impose sweeping shu...
Asian markets, crude drop on China unrest
Nov 28, 2022 (AFP)
Hundreds of people took to the streets at the weekend in the country's biggest demonstrations since pro-democracy rallies in 1989 were crushed. A deadly fire in...
Equities and crude drop as China hit by protests
Nov 28, 2022 (AFP)
Hundreds of people took to the streets at the weekend in the country's biggest demonstrations since pro-democracy rallies in 1989 were crushed. A deadly fire in...
Debt-hit developer China Evergrande sells land for $1 bn
Nov 28, 2022 (AFP)
The real estate behemoth has been involved in restructuring negotiations after racking up $300 billion in liabilities following Beijing's crackdown on excessive...
Macau casino giants win licence renewals, Malaysia's Genting loses bid
Nov 26, 2022 (AFP)
The former Portuguese colony is the only territory in China where casinos are allowed, and it issues just six operating concessions for a multi-billion-dollar i...
Stocks mixed as China Covid spike offsets rosier US rate outlook
Nov 25, 2022 (AFP)
Trading was light after the Thanksgiving day break in the United States with few catalysts to drive action on trading floors and investors looking ahead to econ...
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