TRADE WARS

News About World Trade

7,453 articles

IMF chief says she 'did not pressure anyone' while at World Bank
Sep 24, 2021 (AFP)
"Let me be clear: the conclusions are wrong. I did not pressure anyone to alter any reports. There was absolutely no quid pro quo related to funding for the Wor...
China's central bank rules all crypto transactions are illegal
Sep 24, 2021 (AFP)
The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations, which have sought to pre...
Evergrande founder calls for construction, sales to resume
Sep 23, 2021 (AFP)
Furious homebuyers and investors around the country have gathered to demand repayment as the developer drowns in a sea of debt worth more than $300 billion, and...
Taiwan applies to join Pacific trade deal days after China
Sep 23, 2021 (AFP)
Signed by 11 Asia-Pacific countries in 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is the region's biggest free-trad...
EU says US tech talks going ahead despite French anger
Sep 23, 2021 (AFP)
A furious Paris had floated the idea of delaying the meeting of the new Trade and Technology Council in Pittsburgh on September 29 in retaliation for a pact bet...
Ratings agency cuts China growth forecast on property woes
Sep 23, 2021 (AFP)
China enjoyed a swift economic rebound from the Covid-19 pandemic, but strict new rules on the country's developers have caused a deleveraging rush and helped p...
Hong Kong leads Asian markets rally as Evergrande fears subside
Sep 23, 2021 (AFP)
Hong Kong led advances as it reopened after a midweek break to catch up with news that Evergrande had agreed a plan to repay interest to its domestic bondholder...
US jobless claims rise again amid Delta, hurricane
Sep 23, 2021 (AFP)
Initial claims for jobless aid rose just 16,000 in the week ended September 18, to 351,000, seasonally adjusted, the Labor Department reported, which was above ...
IMF execs meets over charges boss changed data to favor China
Sep 22, 2021 (AFP)
The board did not announce any immediate decision and said it would meet again "soon." "The IMF's Executive Board met today for an initial briefing from the Eth...
Evergrande agrees deal to avoid default on key bond: company
Sep 22, 2021 (AFP)
Financial markets have tumbled over fears that the Chinese group could collapse, with the potential to derail the world's second-biggest economy. In a statement...
Australia sets conditions for China joining Pacific pact
Sep 22, 2021 (AFP)
Dan Tehan linked China's bid to join an 11-nation trading alliance with steps to improve bilateral relations that are at their lowest ebb in decades. China form...
Evergrande agrees deal to avoid default on key bond
Sep 22, 2021 (AFP)
Financial markets have been hit this week over fears that the sprawling firm could collapse, with the potential to pulse through the world's second-biggest econ...
France builds EU support in sub row, but some warn against US rift
Sep 21, 2021 (AFP)
German Europe Minister Michael Roth said France's diplomatic crisis with the US was a "wake-up call for all of us" on the importance of uniting an often divided...
Crunch time for Evergrande, but no 'Lehman moment'
Sep 21, 2021 (AFP)
Talk of a "Lehman moment" has rung loud this week as worried investors try to ascertain whether the crisis could be a replay of the bankruptcy of Wall Street ti...
US regulators target Activision Blizzard workplace
Sep 20, 2021 (AFP)
The Securities and Exchange Commission is seeking information from the company, executives and former employees. The SEC "is conducting an investigation concern...
Evergrande contagion fears hit Hong Kong stocks, with default expected
Sep 20, 2021 (AFP)
The firm, one of the country's biggest developers, is on the brink of collapse as it wallows in debts of more than $300 billion, raising concerns of a spillover...
EU foreign ministers to discuss Australia-France nuclear subs deal fallout
Sep 20, 2021 (AFP)
"This is the first opportunity for the EU foreign ministers to discuss the implications and consequences of the whole deal," EU foreign affairs spokesman Peter ...
Iran looks east after China-led bloc OKs entry
Sep 18, 2021 (AFP)
Conservative and reformist newspapers showed rare unity in welcoming the outcome of a conference in Dushanbe on Friday at which members of the Shanghai Cooperat...
Allegations of favoring China could erode confidence in IMF chief
Sep 17, 2021 (AFP)
The situation also could present a challenge to Democratic US President Joe Biden's administration, since it gives fodder to Republicans dubious of, if not outr...
IMF chief denies altering World Bank report to appease China
Sep 17, 2021 (AFP)
Based on the findings, the World Bank announced it was immediately discontinuing its Doing Business report after the investigation found irregularities in the 2...
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