TRADE WARS

News About World Trade

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'Finally!': Madrid tourism fair abuzz with return of Chinese visitors
Jan 20, 2023 (AFP)
China was the world's largest outbound tourist market before the pandemic, with 154 million international travellers in 2019, according to the UN World Tourism ...
Most Asian markets up as traders weigh China hope, recession fear
Jan 20, 2023 (AFP)
While falling US inflation has fanned speculation the Federal Reserve will further slow its pace of interest rate hikes, several top bank officials have lined u...
Asian markets track Wall St lower as recession fears return
Jan 19, 2023 (AFP)
The optimism that has flowed through trading floors since the start of the year has taken a knock this week as concern about inflation and rising interest rates...
Yellen eyes China trip after 'constructive' meeting with top Chinese official
Jan 18, 2023 (AFP)
The first face-to-face meeting between Yellen and Chinese Vice Premier Liu He, held in Zurich, was "candid, substantive and constructive", the US treasury depar...
'Pressing need' for US, China to communicate on economic issues: Yellen
Jan 18, 2023 (AFP)
"Amid a complicated global economic outlook, there is a pressing need for the two largest economies in the world to closely communicate on global macroeconomics...
Asian markets up on recovery hopes, yen sinks after BoJ decision
Jan 18, 2023 (AFP)
Weak earnings from banking titan Goldman Sachs, a jobs warning by Microsoft, and a plunge in manufacturing data highlighted the bumpy road ahead for the United ...
Asian stocks struggle, even as China growth tops forecasts
Jan 17, 2023 (AFP)
The three percent expansion was the slowest in four decades -- excluding pandemic-hit 2020 -- and sharply down from the previous year, as widespread lockdowns a...
China's economy grows at slowest pace in decades but tops forecasts
Jan 17, 2023 (AFP)
Beijing's rigid adherence to its zero-Covid strategy of strict containment that effectively shut the country off from the world hammered business activity last ...
Most Asian markets rise on optimism over China, rates
Jan 16, 2023 (AFP)
After last year's battering caused by surging prices and central bank interest rate hikes, there is a much calmer mood on trading floors, with recession fears r...
Yellen to meet Chinese official in bid to ease tensions
Jan 16, 2023 (AFP)
Yellen's meeting with Chinese Vice Premier Liu He, to take place in Zurich, will be their first in-person encounter following three virtual meetings, the offici...
China-Myanmar border towns eye revival after Covid trauma
Jan 15, 2023 (AFP)
The city of Ruili is slowly creaking back to life as China ditches its zero-tolerance Covid strategy after years of strict lockdowns and other gruelling restric...
China's 2022 growth seen as its lowest in 40 years
Jan 15, 2023 (AFP)
Ten experts interviewed by AFP forecast an average 2.7 percent year-on-year rise in gross domestic product (GDP) for the world's second-largest economy, a sharp...
Most markets rise as US inflation boosts Fed slowdown hopes
Jan 13, 2023 (AFP)
The reading added to the positive energy flowing through trading floors at the start of the year as investors put a painful 2022 behind them and focus on a reco...
Full brunt of financial tightening yet to materialize: IMF
Jan 13, 2023 (AFP)
Global growth is expected to slow further this year, as central banks including the US Federal Reserve have raised interest rates to cool surging prices. While ...
Sri Lanka to cut army by half after financial crisis
Jan 13, 2023 (AFP)
The island nation is still reeling from months of food and fuel shortages that made daily life a misery for its 22 million people last year. President Ranil Wic...
China imports, exports plunge in December: customs
Jan 13, 2023 (AFP)
The world's second-largest economy is still reeling from the effects of years of its zero-Covid policy, which hammered businesses and supply chains, and dampene...
Cuba takes reins of UN 'Group of 77 and China'
Jan 13, 2023 (AFP)
Cuban Foreign Minister Bruno Rodriguez took over leadership from last year's chair Pakistan. UN Secretary-General Antonio Guterres said at the handover ceremony...
China sees modest inflation in December
Jan 12, 2023 (AFP)
The consumer price index -- the main gauge of inflation -- hit 1.8 percent on-year, up from 1.6 percent in November, the National Bureau of Statistics (NBS) sai...
China lockdown hits Uniqlo parent's first-quarter profit
Jan 12, 2023 (AFP)
The retail behemoth reported 85 billion yen ($645 million) net profit from September to November 2022 but left unchanged its forecast of 230 billion yen for 202...
Asian markets mixed ahead of US inflation data
Jan 12, 2023 (AFP)
Wall Street's three main indexes provided a strong lead, with the S&P 500 and Nasdaq soaring more than one percent each thanks to a rush back into beaten-down t...
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