TRADE WARS - BIO FUEL DAILY

Markets mixed ahead of Fed decision as US lawmakers haggle

Jul 29, 2020 (AFP)

Gold prices held steady after hitting record highs for two straight days, though observers say ongoing uncertainty over the spread of the coronavirus, a weaker ...

Hong Kong economy reels as tough virus restrictions implemented

Jul 29, 2020 (AFP)

From Wednesday all residents in the densely packed city of 7.5 million must wear masks when they leave their homes while restaurants can only serve takeaway mea...

China slams EU export curbs on Hong Kong over security law

Jul 29, 2020 (AFP)

The law, which was fast-tracked onto the statute books in June after months of pro-democracy protests in semi-autonomous Hong Kong, threatens life sentences for...

Gold hits new record, equities up on US stimulus hope

Jul 28, 2020 (AFP)

With worrying new spikes in COVID-19 in Asia and Europe -- on top of the already high new US cases -- forcing governments to impose strict containment measures,...

LVMH reports rebound in China luxury sales

Jul 27, 2020 (AFP)

Sales for the French conglomerate fell 38 percent overall in the second quarter of the year while net profit for the six months to June came in a staggering 84 ...

US shut China's Houston consulate as 'message' to stop spying: official

Jul 24, 2020 (AFP)

"There comes a time when you have to say, enough is enough," said the official, who insisted on anonymity. Beijing has "egregiously abused its free and open acc...

Stock markets retreat as US-China tensions rise

Jul 24, 2020 (AFP)

Lingering worries about the impact on businesses of fresh coronavirus outbreaks helped trigger major profit-taking, overshadowing a batch of bright data in Euro...

Equities mixed as US-China tensions offset stimulus, vaccine hope

Jul 23, 2020 (AFP)

Optimism over the development of a vaccine and a wall of government and central bank cash is providing much-needed support to equities as traders fret over a sp...

EU tax for massive recovery package? We'll see...

Jul 23, 2020 (AFP)

The European Union budget has historically been paid for by direct contributions by member states, with some revenue coming from customs duties and other source...

A plethora of US-China disputes

Jul 22, 2020 (AFP)

An overview, after Washington ordered the closure of the Chinese consulate in Houston within 72 hours, accusing it of being a centre for spies. - Coronavirus - ...

Asia equities fluctuate after vaccine rally, eyes on Capitol Hill

Jul 22, 2020 (AFP)

News that trials on a COVID-19 vaccine had shown early promise provided a much-needed boost to equities, particularly as a spike in new infections around the wo...

Consulate closure latest salvo in US-China tussle

Jul 22, 2020 (AFP)

- The latest developments - The United States ordered the closure of the Chinese consulate in the Texas city of Houston on Wednesday, citing Chinese theft of in...

China wields economic weapons over tensions with UK

Jul 21, 2020 (AFP)

Beijing is now threatening "consequences" after London withdrew its extradition treaty with Hong Kong, a former British colony. That followed Britain's decision...

Stock drop as virus spikes around world

Jul 20, 2020 (AFP)

Traders are also keeping tabs on Europe, where leaders are struggling to unite over an $860 billion rescue package for the battered European Union. The rally th...

China says Britain going down 'wrong path' over Hong Kong

Jul 20, 2020 (AFP)

Wang Wenbin, spokesman for China's foreign ministry, told a regular press briefing that Beijing would "firmly counter" any interference in its internal affairs,...

Luxembourg PM urges EU solidarity at budget summit

Jul 17, 2020 (AFP)

But, in an interview with AFP, he urged his "frugal" colleagues from the Netherlands, Austria, Denmark and Sweden to agree to provide grants -- rather than loan...

China's economy bounces back from pandemic contraction

Jul 16, 2020 (AFP)

The forecast-beating figures released Thursday follow a string of data showing the world's number two economy slowly emerging from the pandemic, and should prov...

Trump ends Hong Kong trade preferences, backs banking sanctions

Jul 15, 2020 (AFP)

In a discursive news conference dominated by attacks on his domestic rivals, Trump declared himself to be the toughest president ever on China, a country he is ...

Asian markets mostly up on vaccine, stimulus hopes

Jul 15, 2020 (AFP)

Investors took their lead from Wall Street's pop higher, which came after US biotech firm Moderna said the final stage of human trials for a COVID-19 vaccine wo...

Asian markets hit by new lockdowns, fresh China-US tensions

Jul 14, 2020 (AFP)

And news that Singapore's economy, considered a regional barometer, contracted a mind-boggling 41 percent in the second quarter provided a stark reality-check f...