TRADE WARS

News About World Trade

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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...
China trade enjoys forecast-beating surge in August
Sep 07, 2021 (AFP)
The figures follow a recent spate of weak numbers that had suggested the recovery in the world's second-biggest economy was flattening owing to a spike in the D...
Asian markets mostly rise after Wall St record with eye on jobs
Sep 03, 2021 (AFP)
The broad gains put the region on course to end a strong week on a positive note as concerns about the fast-spreading Delta variant, which weighed on confidence...
Alibaba shares slide after $15 bn 'prosperity' pledge
Sep 03, 2021 (AFP)
Xi last month urged China's wealthiest companies and entrepreneurs to strengthen philanthropy efforts and "give back to society", in order to redistribute wealt...
Asian markets mixed as early rally dented by latest China move
Sep 02, 2021 (AFP)
While Wall Street provided a tepid lead, the day got off to a good start with equities extending a recent rally as investors prepared themselves for the release...
Asian markets fluctuate as traders weigh recovery against Delta
Sep 01, 2021 (AFP)
China's drive to tighten its grip on the world's number two economy with a swathe of new regulations for private enterprises is also weighing on sentiment, whil...
China's services sector contracts in August after lockdowns
Aug 31, 2021 (AFP)
The non-manufacturing Purchasing Managers' Index (PMI), a key gauge of activity in China's services and construction sectors, fell to 47.5 in August from July's...
Asian markets drop as upbeat Fed gives way to Delta, China
Aug 31, 2021 (AFP)
The positive energy stoked by a pledge from Federal Reserve boss Jerome Powell to be cautious in withdrawing the bank's vast financial support appeared to have ...
Asian markets mostly rise as Fed's Powell takes centre stage
Aug 27, 2021 (AFP)
The positive start to the day came as traders brushed off a drop on Wall Street, though sentiment was jolted by geopolitical concerns after a suicide attack at ...
Stock markets mixed as Fed's Powell takes centre stage
Aug 27, 2021 (AFP)
The cautious end to the week followed a drop on Wall Street, with sentiment also jolted by geopolitical concerns after a suicide attack at Kabul airport that le...
Asian markets struggle as traders turn focus to Powell speech
Aug 26, 2021 (AFP)
Equities and oil have by and large enjoyed a positive week, helped by full US approval of Pfizer-BioNTech's vaccine and speculation the Fed will take its time i...
Asian markets mixed after strong start to week
Aug 25, 2021 (AFP)
The US Food and Drugs Administration's decision Monday to give full approval to Pfizer-BioNTech's vaccine has given a huge lift to sentiment as it eased worries...
Renewed recovery optimism provides further boost to stocks, crude
Aug 24, 2021 (AFP)
A call by China's central bank for more economic support and a move to keep borrowing costs down also provided some cheer to the region, while investors are kee...
Asian markets hit as Delta, Fed, China jolt recovery rally
Aug 20, 2021 (AFP)
Investors have for more than a year sent valuations surging on the back of colossal government and central bank support as well as optimism that the rollout of ...
Asian markets drop on Fed taper talk, Delta fears
Aug 19, 2021 (AFP)
Expectations of an end to the largesse that helped drive a global equity rally for more than a year added to the already sombre mood on trading floors caused by...
Asian stocks rise as traders eye Wall Street losses
Aug 18, 2021 (AFP)
A fresh lockdown in New Zealand and a curfew imposed in Australia's second-largest city of Melbourne over a Delta outbreak have added to concerns about lockdown...
Global stocks mixed as Chinese data disappoints
Aug 16, 2021 (AFP)
Major US indices opened the session solidly lower, weighed down not only by lackluster Chinese retail sales and industrial data, but also rising expectations th...
China's retail sales falter as virus rebounds
Aug 16, 2021 (AFP)
The world's second-largest economy staged a rapid recovery from last year's coronavirus outbreak, beating back the virus with mass testing and strict lockdowns....
Asian markets drop as traders eye Fed move, Delta spread
Aug 13, 2021 (AFP)
The fast-spreading Delta virus variant, which is forcing governments to introduce containment measures, and the Chinese government's campaign to tighten its gri...
China partly shuts world's third busiest cargo port over virus case
Aug 12, 2021 (AFP)
The closure of a key terminal at the Ningbo-Zhoushan port on the east coast, which handled almost 1.2 billion tons in 2020, reflects China's determination to sq...
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