TRADE WARS - BIO FUEL DAILY

China's luxury shoppers call in the tidy teams

Nov 09, 2020 (AFP)

"How did you find this?" the 32-year-old asked the crack team of "home organisers" who unearthed the jacket from a heap of clothes pulled from her closet in a s...

German exports rise again in Sept as China demand soars

Nov 09, 2020 (AFP)

Exports grew 2.3 percent month-on-month, after a 2.4 percent rise in August, federal statistics agency Destatis said in seasonally adjusted figures. Imports fel...

Apps win, labor frets after Uber-led 'gig worker' measure passes

Nov 08, 2020 (AFP)

Rideshare and delivery apps matching tasks with those willing to perform them as independent contractors sidestepped a labor law with the passage of Proposition...

China exports remain strong in October, import growth slows

Nov 07, 2020 (AFP)

Inbound shipments, however, cooled after a surge in September -- with analysts expecting that a drop in import prices weighed on headline numbers. Although the ...

European gloom outweighs China boom for Richemont

Nov 06, 2020 (AFP)

Richemont, which counts Cartier among its brands and is ranked second only to French giant LVMH in the luxury industry, saw profits slump by 82 percent in the s...

Ant Group fiasco reflects battle for China's financial soul

Nov 05, 2020 (AFP)

Global markets were stunned Tuesday when Ant's record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of the fast-growing...

Mexico agrees to monitor specialized steel exports to US

Nov 05, 2020 (AFP)

"From the fourth quarter of 2020 onward, Mexico will closely monitor shipments of these products to the United States," the US Trade Representative said in a st...

Asian markets rally as stimulus hope trumps vote worries

Nov 05, 2020 (AFP)

Traders brushed off Donald Trump's claims of fraud and calls to stop vote-counting by calling in lawyers, instead taking heart from the failure of a Democratic ...

Australia calls for clarity from China over embargo reports

Nov 04, 2020 (AFP)

Simon Birmingham said he had raised concerns with Chinese officials over several trade issues including increased testing of live rock lobsters that "came out o...

Brazil's Bolsonaro hopes Trump wins

Nov 04, 2020 (AFP)

The far-right leader, who has been dubbed a "Tropical Trump," has cultivated a close relationship with the Republican president, and has not been shy about endo...

US vote result won't impact trade with Europe, France says

Nov 04, 2020 (AFP)

"Let's not kid ourselves: The United States has not been a friendly partner to European states for several years now," Bruno Le Maire told Radio Classique. "Whe...

German court okays tunnel to Denmark under Baltic Sea

Nov 03, 2020 (AFP)

The 18-kilometre (11.2 mile) submerged Fehmarn Belt Fixed Link is due to open in 2029 but has been beset by legal battles from conservationists and ferry compan...

Asia tracks Wall St rally as US election comes to a head

Nov 03, 2020 (AFP)

Joe Biden has maintained his healthy lead over Donald Trump in national polls for weeks as the president is buffeted by his handling of the coronavirus, which i...

Asian markets mixed as focus turns to US election

Nov 02, 2020 (AFP)

After months of rallying from their March lows, equities were brought to a juddering halt in October as new coronavirus cases surge again, forcing governments a...

China manufacturing growth eases in October but remains strong

Oct 31, 2020 (AFP)

The closely watched Purchasing Managers' Index (PMI) is a key gauge of manufacturing activity in China, which has largely bounced back after plunging in Februar...

Chinese fintech raises $2.4 bn ahead of US listing

Oct 30, 2020 (AFP)

The listing comes less than a week before Chinese fintech titan Ant Group is expected to begin trading in Hong Kong and Shanghai following a world record IPO, t...

Hong Kong to take US to WTO over 'Made in China' label rule

Oct 30, 2020 (AFP)

Donald Trump issued an executive order in June declaring the city no longer sufficiently autonomous from the authoritarian mainland after Beijing launched a cra...

Ex-defense chief's arrest hits US-Mexican ties

Oct 30, 2020 (AFP)

The indictment of General Salvador Cienfuegos, a key figure in ex-president Enrique Pena Nieto's 2012 to 2018 government, caught Mexico by surprise. "Trust and ...

Asian stocks fall again after lockdowns spark Wall St, Europe rout

Oct 29, 2020 (AFP)

With sentiment already dampened by US lawmakers' failure to pass a new stimulus and election uncertainty, the news out of Paris was the last thing investors wan...

Sony first-half net profit doubles, forecast revised up

Oct 28, 2020 (AFP)

The results beat analyst expectations and came as the Japanese tech giant gears up to launch its much-anticipated PlayStation 5 console next month, setting up a...