TRADE WARS

News About World Trade

7,450 articles

Evergrande endgame: What next for the property giant?
Sep 15, 2021 (AFP)
The group has hired experts including Houlihan Lokey -- which advised on the restructuring of Lehman Brothers -- as it tries to avoid a collapse that could have...
China's embattled Evergrande tries to pay bills with parking spots
Sep 15, 2021 (AFP)
The troubled property titan has warned it may not be able to service its colossal debts of more than $300 billion, seeding panic among property buyers, bond hol...
The rise and demise of Chinese property firm Evergrande
Sep 15, 2021 (AFP)
Here is a timeline of Evergrande's rise to one of China's biggest developers and demise into one of its worst debtors: 1996: The dream begins Steel-factory work...
Remote work goes 'luxury', but many may be left out
Sep 15, 2021 (AFP)
But experts warn that while top-of-the-line features may benefit privileged Americans, millions of others can barely access remote work tools already available....
Asian traders cautious ahead of US inflation, Tokyo hits 31-year high
Sep 14, 2021 (AFP)
The first gain for Wall Street's S&P 500 and Dow after a five-day losing streak was not enough to spur a broad advance in Asia, though Tokyo clocked up its high...
Evergrande dream turns to nightmare for Chinese property buyers
Sep 14, 2021 (AFP)
She handed over the cash to the sprawling conglomerate in March but is yet to receive documents showing she owns the apartment. "I can barely eat or sleep these...
Protests as Chinese property giant Evergrande faces 'tremendous pressure'
Sep 14, 2021 (AFP)
Evergrande's plight has raised fears of a contagion across the debt-mired Chinese property sector -- which accounts for more than a quarter of the world's secon...
Most Asian markets drop as record US inflation fans taper talk
Sep 13, 2021 (AFP)
Reports that President Joe Biden was considering a fresh trade probe into China added to the downbeat mood and nullified the optimism sparked by news that he ha...
The self-made Chinese billionaire battling to save debt-mired Evergrande
Sep 12, 2021 (AFP)
The 62-year-old -- also known as Hui Ka Yan in Cantonese -- was at one point China's richest man, with a taste for luxury labels, exclusive yachts and a nose fo...
Blackstone scraps $3bn takeover of property giant Soho China
Sep 11, 2021 (AFP)
Blackstone had hoped to expand its presence in the country through acquisition of Soho China, which holds prime real estate in cities like Beijing. But its offe...
Greek PM offers tax cuts, improved growth in rebound bid
Sep 11, 2021 (AFP)
"I am able to announce a revised growth target of 5.9 percent" for 2021, Prime Minister Kyriakos Mitsotakis said in a keynote speech at the Thessaloniki Interna...
Xi says 'critical' to reset US ties after 'serious difficulties'
Sep 10, 2021 (AFP)
Ties between Beijing and Washington have been strained in recent years by a bruising trade war and America's tough stand on China's human rights track record --...
Asian markets rally after Biden, Xi talks as Hong Kong leads way
Sep 10, 2021 (AFP)
Hong Kong led the advances thanks to healthy buying into tech firms that were battered Thursday by China's latest clampdown on the gaming industry, but fears th...
China's factory gate prices hit 13-year high in August
Sep 09, 2021 (AFP)
The producer price index (PPI), which measures the cost of goods at the factory gate, rose to 9.5 percent last month from 9.0 percent in July, the National Bure...
Asian markets hit by recovery worries as tech hammers Hong Kong
Sep 09, 2021 (AFP)
After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in...
US and EU to seek harmony on big tech regulation
Sep 09, 2021 (AFP)
The creation of an EU-US tech council was agreed at a summit in June and its work begins as both sides are drawing up laws that could profoundly change the ways...
Asian markets hit by recovery worries as tech drags Hong Kong
Sep 09, 2021 (AFP)
After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in...
Google see the future of work as 'hybrid'
Sep 08, 2021 (AFP)
The internet titan competes with Microsoft, Zoom, Facebook and others with online services that employees can use to collaborate remotely. Tech giants turned to...
China developer Evergrande suffers second downgrade in two days
Sep 08, 2021 (AFP)
The Hong Kong-listed firm has run up a mountain of liabilities totalling more than $300 billion after years of borrowing to fund rapid growth and a string of re...
Asian markets dragged down as Delta, profit-taking offset rebound hope
Sep 08, 2021 (AFP)
Profit-taking added to the caution with some of the wind appearing to have come out of buyers' sails, having pushed valuations up for more than a week. While th...
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