TRADE WARS

News About World Trade

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China's economy grows at slowest pace in decades but tops forecasts
Jan 17, 2023 (AFP)
Beijing's rigid adherence to its zero-Covid strategy of strict containment that effectively shut the country off from the world hammered business activity last ...
Asian stocks struggle, even as China growth tops forecasts
Jan 17, 2023 (AFP)
The three percent expansion was the slowest in four decades -- excluding pandemic-hit 2020 -- and sharply down from the previous year, as widespread lockdowns a...
Yellen to meet Chinese official in bid to ease tensions
Jan 16, 2023 (AFP)
Yellen's meeting with Chinese Vice Premier Liu He, to take place in Zurich, will be their first in-person encounter following three virtual meetings, the offici...
Most Asian markets rise on optimism over China, rates
Jan 16, 2023 (AFP)
After last year's battering caused by surging prices and central bank interest rate hikes, there is a much calmer mood on trading floors, with recession fears r...
China-Myanmar border towns eye revival after Covid trauma
Jan 15, 2023 (AFP)
The city of Ruili is slowly creaking back to life as China ditches its zero-tolerance Covid strategy after years of strict lockdowns and other gruelling restric...
China's 2022 growth seen as its lowest in 40 years
Jan 15, 2023 (AFP)
Ten experts interviewed by AFP forecast an average 2.7 percent year-on-year rise in gross domestic product (GDP) for the world's second-largest economy, a sharp...
China imports, exports plunge in December: customs
Jan 13, 2023 (AFP)
The world's second-largest economy is still reeling from the effects of years of its zero-Covid policy, which hammered businesses and supply chains, and dampene...
Most markets rise as US inflation boosts Fed slowdown hopes
Jan 13, 2023 (AFP)
The reading added to the positive energy flowing through trading floors at the start of the year as investors put a painful 2022 behind them and focus on a reco...
Sri Lanka to cut army by half after financial crisis
Jan 13, 2023 (AFP)
The island nation is still reeling from months of food and fuel shortages that made daily life a misery for its 22 million people last year. President Ranil Wic...
Full brunt of financial tightening yet to materialize: IMF
Jan 13, 2023 (AFP)
Global growth is expected to slow further this year, as central banks including the US Federal Reserve have raised interest rates to cool surging prices. While ...
Cuba takes reins of UN 'Group of 77 and China'
Jan 13, 2023 (AFP)
Cuban Foreign Minister Bruno Rodriguez took over leadership from last year's chair Pakistan. UN Secretary-General Antonio Guterres said at the handover ceremony...
China lockdown hits Uniqlo parent's first-quarter profit
Jan 12, 2023 (AFP)
The retail behemoth reported 85 billion yen ($645 million) net profit from September to November 2022 but left unchanged its forecast of 230 billion yen for 202...
Asian markets mixed ahead of US inflation data
Jan 12, 2023 (AFP)
Wall Street's three main indexes provided a strong lead, with the S&P 500 and Nasdaq soaring more than one percent each thanks to a rush back into beaten-down t...
China sees modest inflation in December
Jan 12, 2023 (AFP)
The consumer price index -- the main gauge of inflation -- hit 1.8 percent on-year, up from 1.6 percent in November, the National Bureau of Statistics (NBS) sai...
Cost-of-living crisis biggest global risk: Davos study
Jan 11, 2023 (AFP)
Global inflation remains at sky-high levels after energy and food costs rocketed last year following the invasion of agricultural powerhouse Ukraine by major oi...
Asian markets rise again on recovery hope as inflation data looms
Jan 11, 2023 (AFP)
Traders tracked a Wall Street advance as they brushed off fresh warnings that Federal Reserve rates would continue to rise and a World Bank decision to slash it...
Most Asian markets rise on recovery hope as inflation data looms
Jan 11, 2023 (AFP)
Traders tracked a Wall Street advance as they brushed off fresh warnings that Federal Reserve rates would continue to rise and a World Bank decision to slash it...
China halts short-term visas for S. Koreans, Japanese over Covid travel curbs
Jan 10, 2023 (AFP)
The measure was announced first in South Korea, which has introduced a host of new rules for visitors from China, including visa restrictions and testing requir...
Markets drift as rate fears sap China-fuelled rally
Jan 10, 2023 (AFP)
After a torrid 2022, equities have enjoyed a broadly strong start to the new year thanks largely to Beijing's decision to throw off the shackles of its strict z...
Asian markets drift as rate worries halt China reopening rally
Jan 10, 2023 (AFP)
After a torrid 2022, equities have enjoyed a broadly strong start to the new year thanks largely to Beijing's decision to throw off the shackles of its strict z...
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