TRADE WARS

News About World Trade

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Stocks rally and dollar drops on hopes Fed rates have peaked
Nov 02, 2023 (AFP)
Asian traders picked up the baton from their Wall Street counterparts, who welcomed what was seen as a dovish stance by the central bank and its governor, while...
Global challenges discussed in White House meetings with leaders of Dominican Republic, Chile
Nov 02, 2023 (UPI)
The White House reported that discussions with President Luis Abinader of the Dominican Republic were marked by a shared commitment to strengthening economic ti...
US seeks China collaboration, with eye on national security: Yellen
Nov 02, 2023 (AFP)
Her remarks outlining Washington's approach to US-China ties come ahead of Asia-Pacific Economic Cooperation (APEC) meetings this month in San Francisco -- wher...
Equities gain ahead of Fed, yen rebounds on intervention warning
Nov 01, 2023 (AFP)
With the Israel-Hamas conflict so far showing few signs of spilling over into a wider war -- keeping oil subdued -- traders were able to turn their focus back t...
Biden taps architect of tough China stance as State Dept number two
Nov 01, 2023 (AFP)
Campbell, who since Biden took office has coordinated Asia policy at the White House, will need confirmation from the Senate, where his Democratic Party holds a...
Panama Canal to reduce ship traffic due to drought
Nov 01, 2023 (AFP)
Traffic will be reduced to 25 ships a day from Friday, down from 29, and will drop to 18 ships a day by February, the Panama Canal Authority said. The interocea...
Stocks mixed, oil up as traders eye Mideast and central banks
Oct 31, 2023 (AFP)
Attention is also on meetings by major central banks, with Japan announcing a small tweak to its policy control programme that fell short of expectations, sendi...
Hong Kong economic recovery misses estimate in third quarter
Oct 31, 2023 (AFP)
Real gross domestic product between July and September rose by 4.1 percent from a year earlier, according to the Census and Statistics Department's advance esti...
US-sanctioned Hong Kong leader to skip APEC summit
Oct 31, 2023 (AFP)
"Due to scheduling issues, (Lee) would not be able to attend the meeting to represent Hong Kong, China in person," the city's government said in a statement on ...
Xi chairs rare meeting to 'resolve risks' in China's finance sector
Oct 31, 2023 (AFP)
Typically held twice a decade but last convened in 2017, the conference offers insight into the policymaking direction currently being pursued by Communist Part...
China factory activity falls back into decline; China's manufacturing sector to rise further in future
Oct 31, 2023 (AFP)
The official manufacturing purchasing managers' index -- a key measure of factory output -- stood at 49.5 in October, below the 50-point mark separating expansi...
Crude slips on easing worries of region-wide Middle East war
Oct 30, 2023 (AFP)
However, equities were in the red ahead of a Federal Reserve policy meeting this week, with traders fearing it will likely keep interest rates elevated for an e...
China's share of global manufacturing jobs to rise by 2050: study
Oct 30, 2023 (AFP)
The Asian giant's share of global manufacturing jobs will rise to 43 percent of the total by that year -- making China one of the only countries to see growth i...
G7 trade ministers hit out at China, Russia
Oct 29, 2023 (AFP)
A joint statement after talks in Japan slammed Russia's "destruction of Ukrainian grain export infrastructure" since it exited in July a deal that had allowed s...
US, China agree to work towards Biden-Xi meeting next month
Oct 28, 2023 (AFP)
Biden has invited Xi Jinping to San Francisco in November for the Asia-Pacific Economic Cooperation (APEC) summit at a time of tense relations between the two p...
Markets rise on tech bounce hope, inflation in focus
Oct 27, 2023 (AFP)
The gains come at the end of a rollercoaster week for equities, but the Middle East crisis continued to cast a shadow as Israel said ground forces had raided ce...
China FM calls for 'stable' US ties on visit to weigh Xi summit
Oct 27, 2023 (AFP)
President Joe Biden has invited Xi to San Francisco next month to participate in the Asia-Pacific Economic Cooperation (APEC) summit, but he has also stood firm...
China's top diplomat starts US visit as Biden stands firm
Oct 26, 2023 (AFP)
Foreign Minister Wang Yi is paying a rare high-level to Washington as the world's two largest economies seek to manage, if not resolve, a host of disputes that ...
Stocks hit by Middle East, earnings and economy concerns
Oct 26, 2023 (AFP)
Disappointing corporate reports from US tech titans added to the sense of gloom among investors, while the burst of optimism that greeted China's massive spendi...
Standard Chartered bank falls into red on China
Oct 26, 2023 (AFP)
Standard Chartered fell into a net loss of $35 million (33 million euros) in the three months to September. That contrasted with profit after tax of $964 millio...
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