TRADE WARS

News About World Trade

7,453 articles

China offers bonds, tax breaks as new medicine for ailing economy
May 24, 2022 (AFP)
China is the last major economy bolted to a zero-Covid strategy of mass testing and tough lockdowns to stamp out infections. Movement curbs have hit dozens of c...
Didi shareholders vote to delist from New York stock exchange
May 23, 2022 (AFP)
Didi, once known as China's answer to Uber, got into hot water after ploughing ahead with an initial public offering in the United States in June 2021, reported...
Biden opens SKorea trip at Samsung plant as NKorea nuclear fears mount
May 20, 2022 (AFP)
His first stop on Friday was a massive Samsung semiconductor factory, where he received a warm welcome from South Korea's new President Yoon Suk-yeol, with glob...
Asian markets up after China cuts key interest rate
May 20, 2022 (AFP)
Downcast earning reports from retailers this week have heightened uncertainty in the world markets at a time of rising interest rates, surging energy prices, Ch...
Burberry warns on China impact, shrugs off inflation
May 18, 2022 (AFP)
Alongside news that its net profit and revenue had risen in the year to the end of March, Burberry added that it was managing fallout from the highest inflation...
Asian markets mixed after US retail data boosts Wall Street
May 18, 2022 (AFP)
The US Federal Reserve's tightening of monetary policy to contain surging inflation has sent jolts through global markets, deepening the apprehensions of invest...
Tencent revenue stagnates with China crackdowns and lockdowns
May 18, 2022 (AFP)
Revenue for the Shenzhen-based firm came in at 135.5 billion yuan ($20.1 billion) in the first quarter, putting year-on-year growth at nearly zero. Revenue grow...
China deepens support for tech as virus limits options
May 18, 2022 (AFP)
China -- the last major global economy sticking to a rigid zero-Covid policy -- is contending with an economic slump due to prolonged virus lockdowns which have...
Some Trump China tariffs impose 'more harm on consumers, businesses': Yellen
May 18, 2022 (AFP)
American tariffs on hundreds of billions of dollars of Chinese imports are due to expire in July, and President Joe Biden has faced growing calls to get rid of ...
China calls for urgent boost to virus-hit economy
May 18, 2022 (AFP)
China -- the last major global economy sticking to a rigid zero-Covid policy -- is battling an economic slump due to prolonged virus lockdowns that have constri...
Casino mogul Wynn sued for acting as agent for China
May 18, 2022 (AFP)
Wynn, the founder and former chief executive of Wynn Resorts, acted on behalf of Beijing in 2017 when he met with president Donald Trump and senior administrati...
Asian stocks up after Wall Street dip on China's Covid-bruised data
May 17, 2022 (AFP)
China has persisted in its strict zero-Covid policy to stamp out an Omicron-fuelled wave, ordering lockdowns in various cities and shuttering factories and port...
Global stocks rally eyeing China reopening
May 17, 2022 (AFP)
European exchanges closed higher and Wall Street's main indices also rose, spurred as well by a nearly one-percent rise in April retail sales. "We've seen a muc...
China's retail sales slump as lockdowns cause chaos
May 16, 2022 (AFP)
The world's second-largest economy has persisted with strict virus measures, choking up global supply chains as dozens of Chinese cities -- including key busine...
China's retail sales lowest in two years from Covid damage
May 16, 2022 (AFP)
The world's second-largest economy has persisted with strict virus measures, choking up global supply chains as dozens of Chinese cities -- including key busine...
Marathon week of WTO talks aim to net fisheries deal
May 16, 2022 (AFP)
"The negotiations are at a very critical juncture," WTO chief Ngozi Okonjo-Iweala stressed in a statement, after nearly 200 environmental groups handed her a le...
US rate hikes strain Hong Kong's virus-weakened economy
May 15, 2022 (AFP)
Hong Kong has pegged its currency to the US dollar since 1983, which has helped the city weather economic storms such as the 1997 Asian financial crisis and und...
Asian stocks down as inflation fears churn markets
May 12, 2022 (AFP)
Stocks have been volatile for much of 2022, fuelled by China's Covid-19 lockdowns, Russia's invasion of Ukraine, and surging inflation that has dampened consume...
China-backed projects testament to Sri Lanka's mismanagement
May 10, 2022 (AFP)
The South Asian island nation borrowed heavily to plug years of budget shortfalls and trade deficits, but squandered huge sums on ill-considered infrastructure ...
Western multinationals congratulate Hong Kong's new leader
May 09, 2022 (AFP)
Lee, 64, a former security chief who oversaw the crackdown on Hong Kong's democracy movement, was anointed the business hub's new leader on Sunday in a near una...
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