TRADE WARS

News About World Trade

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Stocks rally, dollar dips further on easing rate expectations
Apr 14, 2023 (AFP)
The surprise on-month drop in producer prices in March -- the biggest since April 2020 -- came a day after the consumer price index dropped more than expected, ...
Brazil's Lula looks to build China economic ties on state visit
Apr 13, 2023 (AFP)
Dilma Rousseff, a former leader of Brazil, was inaugurated as the president of the BRICS New Development Bank (NDB) in Shanghai on Thursday morning. The bank wa...
Uniqlo operator upgrades forecast on China demand
Apr 13, 2023 (AFP)
For the six months to February, sales surged 20.4 percent to 1.46 trillion yen, while operating profit climbed 16.4 percent to 220 billion yen, the retailer sai...
IMF chief urges world to avoid a 'second Cold War'
Apr 13, 2023 (AFP)
"I am among those who know what are the consequences of a Cold War: it is loss of talent and contribution to the world," Kristalina Georgieva said during a pres...
China exports rise for first time in 6 months: customs data
Apr 13, 2023 (AFP)
The 14.8 percent surge in overseas shipments marked the first since September, according to the General Administration of Customs, and will provide a boost to h...
Most Asian markets drop after recession warning, rate hike seen
Apr 13, 2023 (AFP)
A smaller-than-forecast rise in prices last month provided some much-needed hope to investors that a year of monetary tightening was finally showing results, bu...
World Bank members endorse moves to boost lending by $50bn over decade
Apr 12, 2023 (AFP)
The move, announced during the International Monetary Fund (IMF) and World Bank spring meetings in Washington, is part of an ongoing evolution of the developmen...
Yellen urges further World Bank reforms this year
Apr 12, 2023 (AFP)
The revamp of the bank comes amid pushes for it to meet global challenges such as climate change. "We should use the rest of the year to undertake additional re...
IMF warns of growing global debt fueled by US, China
Apr 12, 2023 (AFP)
China and the United States are responsible for the vast majority of the expected debt increase over the next five years, the head of the IMF's Fiscal Affairs d...
Brazil's Lula arrives in China for state visit
Apr 12, 2023 (AFP)
The veteran leftist, who is due to meet his counterpart Xi Jinping Friday in Beijing, arrived first in Shanghai with his wife Rosangela "Janja" da Silva. They r...
Asian markets mixed as traders await key inflation report
Apr 12, 2023 (AFP)
While a healthy jobs report on Friday soothed worries about a possible recession, it also reinforced expectations the central bank will press ahead with monetar...
Germany reviews controversial Chinese stake in Hamburg port
Apr 12, 2023 (AFP)
"Since the conditions have changed, we are examining what impact this will have on the situation," a spokeswoman for the economy ministry said at a press confer...
China, Honduras draft economic agreements
Apr 11, 2023 (AFP)
Honduras cut ties with Taiwan to switch its diplomatic allegiance to China. China considers the self-ruled, democratic island a part of its territory to be reta...
China consumer inflation falls below 1% in March
Apr 11, 2023 (AFP)
The March consumer price index (CPI) -- the main gauge of inflation -- came in at 0.7 percent, down from the one percent seen a month earlier, according to the ...
IMF maintains 5.2% growth forecast for China in 2023
Apr 11, 2023 (AFP)
China's stringent zero-Covid policy, characterised by sudden lockdowns, travel curbs, mass testing and factory shutdowns, had battered the economy for almost th...
No evidence yet of credit crunch after banking turmoil: Yellen
Apr 11, 2023 (AFP)
Her comments come as central bankers, finance ministers and other participants gather in Washington for the International Monetary Fund and World Bank's spring ...
Australia hails breakthrough in trade disputes with China
Apr 11, 2023 (AFP)
The once-cosy trading relationship has soured in recent years as Australia sought closer military ties with the United States and China vied for influence in th...
Brazil's Lula heads to China to boost ties
Apr 11, 2023 (AFP)
The veteran leftist, who is due to meet his counterpart Xi Jinping Friday in Beijing, said he planned to invite Xi to come to Brazil to repay the visit. "We're ...
Asian markets edge up as traders weigh US jobs data
Apr 10, 2023 (AFP)
The closely watched non-farm payrolls reading on Friday followed a string of figures last week showing the world's top economy was slowing down and dented inves...
Asian markets mixed as traders weigh US jobs data
Apr 10, 2023 (AFP)
The closely watched non-farm payrolls reading on Friday followed a string of figures last week showing the world's top economy was slowing down and dented inves...
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