TRADE WARS

News About World Trade

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Erdogan riles critics, Russia with 'crazy' new canal
Apr 30, 2021 (AFP)
Critics accuse Erdogan of pursuing a vanity project that will open up Istanbul to unbridled construction and put the government into deep and largely unnecessar...
China factory activity edges down in April
Apr 30, 2021 (AFP)
The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, came in at 51.1 this month -- lower than in March but still above the 50-point mark...
Asian markets lifted by upbeat Fed, strong results
Apr 29, 2021 (AFP)
Traders were also keeping an eye on Joe Biden's first address to Congress as he laid out another huge spending plan aimed at helping American families and paid ...
European Parliament backs US global minimum tax proposal
Apr 29, 2021 (AFP)
"Outdated international tax rules need to be overhauled, including a minimum effective corporate tax rate," a statement said after the non-binding resolution wa...
US 'scrutinizing' trade deal with China: official
Apr 28, 2021 (AFP)
"With respect to the purchase commitments that the Chinese made in the US-China trade agreement, we are in the process of examining their performance and are sc...
US to let Chinese students start school year, easing Covid rules
Apr 27, 2021 (AFP)
The move responds to persistent demands from US universities, which increasingly rely financially on foreign students and count on China for more than one-third...
Asia-focused HSBC profits double as bank reverses credit losses
Apr 27, 2021 (AFP)
Adjusted profit before tax surged 109 percent to $6.4 billion from a year earlier although reported revenue slipped five percent to $13.0 billion in part becaus...
Asian markets drop with Fed, earnings and Biden in focus
Apr 27, 2021 (AFP)
While trading floors are geared up for a rocket-fuelled surge in economic activity in the second half of the year and into the next thanks to vaccinations and t...
Hong Kong and Singapore aim to start travel bubble in May
Apr 26, 2021 (AFP)
The two business hubs had to abandon a highly anticipated quarantine-free travel corridor late last year after Hong Kong was hit with a fourth wave of infection...
Asian markets mostly rise ahead of Fed meeting, earnings
Apr 26, 2021 (AFP)
A strong reading on US and European manufacturing and services activity provided a positive catalyst for investors, who appear to have got over Joe Biden's plan...
The global economic response to climate change: what's the plan?
Apr 23, 2021 (AFP)
US President Joe Biden, Chinese President Xi Jinping and IMF Managing Director Kristalina Georgieva were among the officials who backed calls for higher carbon ...
Asia markets struggle for direction after US tax hike reports
Apr 23, 2021 (AFP)
Washington is said to be developing a plan to slap new levies on wealthy investors, including a near doubling of the tax on stock transaction profits to 39.6 pe...
German finance minister denies responsibility for Wirecard scandal
Apr 22, 2021 (AFP)
Once a rising star in the booming fintech sector, Wirecard filed for bankruptcy last year after admitting that 1.9 billion euros ($2.3 billion) was missing from...
China warns of 'serious harm' to relations as Australia scraps BRI deal
Apr 22, 2021 (AFP)
The federal government pulled the deal with Victoria state late Wednesday in a move justified by the defence minister as necessary to prevent Australia hosting ...
Myanmar summit a test for ASEAN's credibility: Thailand
Apr 22, 2021 (AFP)
Security forces in Myanmar have killed at least 739 people since a February 1 military coup ousted civilian leader Aung San Suu Kyi, according to a local monito...
Myanmar junta leader set to join ASEAN summit
Apr 17, 2021 (AFP)
The February 1 putsch triggered a massive uprising, bringing hundreds of thousands of protesters to the streets to demand a return to democracy, while civil ser...
China GDP grows record 18.3% in first quarter in virus rebound
Apr 16, 2021 (AFP)
The 18.3 percent explosion in gross domestic product growth was the fastest pace since quarterly records began three decades ago, but came off a historic contra...
Montenegro tries to cool EU row over $1 billion China road
Apr 16, 2021 (AFP)
The project is part of a huge wave of Chinese investments across the Balkan region, which has sparked concern that governments have become too reliant on Beijin...
Japan PM heads to Washington with China topping agenda
Apr 15, 2021 (AFP)
Yoshihide Suga will be hoping to renew the all-important alliance with Washington after the Trump era, as well as compare notes on an increasingly assertive Bei...
Asian markets mixed as traders stuggle to build on rally
Apr 15, 2021 (AFP)
The underwhelming performance followed a tepid lead from Wall Street, where only the Dow managed to eke out a gain despite blowout profits at top banks that gav...
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