TRADE WARS

News About World Trade

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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...
China orders banks to hold less cash to shore up ailing economy
Nov 25, 2022 (AFP)
The People's Bank of China (PBOC) said it would lower its reserve requirement ratio by 0.25 percentage points from December 5, bringing the weighted average rat...
EU chief Michel to head to China for Xi meeting
Nov 24, 2022 (AFP)
The president of the European Council, who represents EU leaders, has sought talks with Xi for months and was able to secure a date at last week's G20 summit, t...
Stocks rise, dollar slips as Fed signals softer rate hike pace
Nov 24, 2022 (AFP)
The news provided traders with a cushion against concerns about surging Covid-19 cases in China that have fanned speculation authorities will revert to lockdown...
'But you're a woman': Iraqi furniture-maker carves up stereotypes
Nov 23, 2022 (AFP)
"At the start, relatives criticised me," said the 29-year-old carpenter and furniture-maker, who is also a mother of four. "They would say: 'But you're a woman....
Beijing urges Chinese banks to offer more real estate loans
Nov 23, 2022 (AFP)
The move represents a relative reversal for Beijing, which since 2020 has sought to curb debt in the sector by tightening credit -- a strategy that has financia...
Markets rise on rate hopes but China Covid casts shadow
Nov 23, 2022 (AFP)
Wall Street enjoyed a timely rally thanks to healthy retailer earnings and ahead of the holiday shopping season that starts this week, amid signs US consumers -...
Germany to cap investment guarantees for China
Nov 22, 2022 (AFP)
The investment support programme would be overhauled to create "a strong incentive for diversification", Habeck told a news conference in Paris. Policymakers wo...
US tech giant Hewlett Packard plans up to 6,000 job cuts
Nov 22, 2022 (AFP)
HP, which has a payroll of about 61,000 people, said it aimed to secure $1.4 billion in annual savings through 2025 as it followed the cost-cutting path of othe...
Asian markets mixed as China Covid worries grow
Nov 22, 2022 (AFP)
After starting November with a rally thanks to easing inflation concerns and signs China was edging towards a looser approach to the disease, the optimism has b...
European, US stocks up despite China Covid fears
Nov 22, 2022 (AFP)
London, Paris and Frankfurt closed in the green while Wall Street was also up even as worries grew over the economic fallout of Beijing's efforts to contain ris...
Asian markets struggle as China Covid worries build
Nov 22, 2022 (AFP)
After starting November with a rally thanks to easing inflation concerns and signs China was edging towards a looser approach to the disease, the optimism has b...
China seized rocket parts in disputed waters; US VP vows commitment to Philippines
Nov 21, 2022 (AFP)
A senior Filipino navy official made the allegation as US Vice-President Kamala Harris began a three-day visit to the Philippines aimed at boosting ties and cou...
Xi, Harris call for open channels in latest US-China meeting
Nov 19, 2022 (AFP)
Harris and Xi met during an Asia-Pacific summit in Bangkok where another US rival, Russia, saw itself isolated, with no top leader attending and a statement iss...
Asian markets mixed as caution over rate outlook dulls sentiment
Nov 18, 2022 (AFP)
While the week has been broadly positive for equities following softer-than-expected US consumer and wholesale price figures, a strong reading on retail sales a...
EU's Russia sanctions a 'step towards war': Hungary PM
Nov 18, 2022 (AFP)
Orban has sought to take a neutral position since Russia invaded Ukraine in February, refusing to send Kyiv military aid and opposing an 18-billion-euro EU supp...
Markets hurt as rate hike woes return to the fore
Nov 17, 2022 (AFP)
Two reports showing inflation easing in the world's top economy provided a springboard for world markets over much of the past week as investors took the readin...
Xi spat with Trudeau lays bare China's frayed ties with Canada
Nov 17, 2022 (AFP)
Video recorded by reporters at the Bali summit for world leaders on Wednesday showed Xi appearing to upbraid Trudeau after details of talks between the two lead...
Xi invites Italy's far-right PM Meloni to China
Nov 17, 2022 (AFP)
The meeting on the Indonesian resort island of Bali was the first between the Chinese leader and the only woman to have ruled Italy, on what was Xi's second for...
Asian stocks mostly down as Ukraine fears offset inflation hopes
Nov 16, 2022 (AFP)
World markets have rallied since last week after data showed US consumer prices rose much less than expected in October, suggesting months of monetary tightenin...
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