TRADE WARS

News About World Trade

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Asian markets mostly rise in respite from recent rout
Feb 01, 2021 (AFP)
Worries about online retail investors' attack on Wall Street short traders was also causing angst on trading floors, with fears they are being forced to sell so...
China factory activity slows slightly on new Covid-19 wave
Jan 31, 2021 (AFP)
The purchasing managers' index (PMI), a key gauge of manufacturing activity, came in at 51.3 this month, as the world's second-largest economy tightened Covid-1...
Hong Kong economy shrank a record 6.1 percent in 2020
Jan 29, 2021 (AFP)
The government on Friday said gross domestic product (GDP) declined three percent in the last quarter of 2020 year-on-year, leading to the record decline over t...
Chinese conglomerate HNA Group faces bankruptcy, restructuring
Jan 29, 2021 (AFP)
The group, which owns one of China's biggest airlines -- Hainan Airlines -- and is China's largest private aviation conglomerate, said in a statement that its c...
Asian markets struggle as traders lick wounds after tough week
Jan 29, 2021 (AFP)
Traders have been licking their wounds after the worst global rout since October, with talk of a correction following a months-long rally that has seen several ...
Asian markets swing as traders mull virus, vaccines and stimulus
Jan 27, 2021 (AFP)
Signs that Joe Biden's much-vaunted stimulus could face a tough ride through Congress were also tempering optimism, while there was increasing talk of a market ...
Biden's Commerce pick Raimondo vows toughness on China
Jan 27, 2021 (AFP)
"Should I be confirmed, I plan to be very aggressive, to help Americans compete against the unfair practices of China," she told lawmakers. Raimondo, the first ...
Yellen makes history again as US Treasury secretary
Jan 26, 2021 (AFP)
After the Senate on Monday voted overwhelmingly to confirm her nomination, Yellen was sworn in Tuesday as Treasury secretary by the nation's first female Vice P...
China calls for 'better angels' to prevail in reset with Biden's US
Jan 21, 2021 (AFP)
Beijing also welcomed news that the US would rejoin the World Health Organization and the Paris climate accord, as Biden tried to immediately pivot his office b...
Taiwan invited to US inauguration for first time since 1979
Jan 21, 2021 (AFP)
Hsiao Bi-khim, Taipei's envoy, posted a video of herself at Wednesday's inauguration saying she was "honoured to represent the people and government of Taiwan h...
Investors eye recovery as most Asia markets rise, Yellen in focus
Jan 19, 2021 (AFP)
Traders were also awaiting the Senate confirmation hearing for Treasury secretary pick Janet Yellen, which is expected to give lawmakers a chance to go over Joe...
Investors eye recovery as most markets rise, Yellen in focus
Jan 19, 2021 (AFP)
Traders were also awaiting the Senate confirmation hearing for US Treasury secretary pick Janet Yellen, which is expected to give lawmakers a chance to go over ...
Yellen says Biden to use all tools against China trade abuses
Jan 19, 2021 (AFP)
Responding to questions from the Senate Finance Committee at her confirmation hearing, Yellen said China has been "undercutting American companies" with a serie...
Biden's cabinet picks say US to stand against China trade abuses
Jan 19, 2021 (AFP)
The comments from the incoming administration reflect an unusual area of common ground with outgoing President Donald Trump, who over the past four years unleas...
China GDP grows at slowest pace in more than four decades in 2020
Jan 18, 2021 (AFP)
Covid-19, which has ravaged the world economy, first emerged in central China in late 2019. But the world's second-largest economy also became the first to boun...
Samsung chief jailed for 2.5 years over corruption scandal
Jan 18, 2021 (AFP)
Lee Jae-yong, vice-chairman of Samsung Electronics, the world's biggest smartphone and memory chip maker, was found guilty of bribery and embezzlement in connec...
Hong Kong government slams US for 'insane' sanctions
Jan 16, 2021 (AFP)
The US announced on Friday it was imposing sanctions on the half dozen officials, including Hong Kong's sole representative to China's top lawmaking body, over ...
China's 2020 GDP growth slowest in over four decades: AFP poll
Jan 15, 2021 (AFP)
The average forecast of analysts from 13 financial institutions was a 2.0 percent expansion for the world's second-largest economy, down sharply from 6.1 percen...
Asian markets struggle after Biden unveils huge stimulus plan
Jan 15, 2021 (AFP)
Reassurances from Federal Reserve boss Jerome Powell that record-low interest rates and loose monetary policy would remain in place for some time removed some l...
Relaxing China tariffs would help US economy, report says
Jan 15, 2021 (AFP)
The report released Thursday came as the United States awaits the inauguration of President-elect Joe Biden on Wednesday, who is expected to detail his trade po...
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