TRADE WARS

News About World Trade

7,456 articles

Stocks rally as reopening, easing China-US tensions beat bad data
May 08, 2020 (AFP)
Some of the world's biggest economies are in contraction, factory production has collapsed, hundreds of millions of jobs have been destroyed and numerous compan...
China, US commit to implement trade deal despite virus row
May 08, 2020 (AFP)
Vice Premier Liu He, who had led Beijing's negotiations, held a call in the morning with US Trade Representative Robert Lighthizer and Treasury Secretary Steven...
Stock markets rise on easing lockdowns and China exports
May 07, 2020 (AFP)
Major Wall Street indices gained around one percent or more, a rise comparable to the advances seen at the closing bell across Europe. China's exports saw a sur...
Asia equities turn negative as virus economic reality bites
May 07, 2020 (AFP)
With countries from Asia-Pacific to Europe and US states reopening their shattered economies, global equities have enjoyed a strong revival after crashing in Ma...
China exports see surprise 3.5% jump in April, imports fall
May 07, 2020 (AFP)
But analysts warned of weakness ahead as key markets suffer downturns, as well as the brewing threat of a renewed trade war with the United States. Imports fell...
US jobless claims begin decline, but still high at 3.2 mn
May 07, 2020 (AFP)
The latest data from the Labor Department brings the number of claims filed since mid-March, when the pandemic forced businesses to close their doors to stop th...
Stocks advance as virus restrictions are eased
May 06, 2020 (AFP)
While a string of data highlighted the calamity visited upon the global economy by COVID-19, a slowdown in both infections and deaths in some nations is allowin...
EU faces historic recession as China, US spar over virus origins
May 06, 2020 (AFP)
The grim prediction from Brussels came as Germany -- Europe's biggest economy -- unveiled plans for a near-return to normality, with fresh data revealing the ex...
Grim and getting worse: US set for historic unemployment surge
May 06, 2020 (AFP)
In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost their jobs. The Apr...
Facebook-backed Libra appoints chief executive
May 06, 2020 (AFP)
Levey, who has most recently been chief legal officer at HSBC Holdings, will lead the group founded by Facebook to manage a global digital payments system. Leve...
Hong Kong economy shrinks record 8.9% in first quarter
May 04, 2020 (AFP)
The financial hub is now experiencing its third-straight quarter of negative growth -- its longest financial downturn since the aftermath of the 2008 global fin...
US warns of 'consequences' if China abandons trade deal
May 04, 2020 (AFP)
The comments come amid a sharp drop in global trade caused by the coronavirus pandemic as well as a dispute between the two powers over fault for the spread of ...
Equities tumble in Asia as Trump revives trade war fears
May 04, 2020 (AFP)
Claims by the US president and Secretary of State Mike Pompeo that the disease started in a lab in Wuhan, and that those responsible would be held to account, o...
Equities tumble as Trump revives trade war fears
May 04, 2020 (AFP)
Claims by the US president and Secretary of State Mike Pompeo that the disease started in a lab in Wuhan, and that those responsible would be held to account, o...
Macau's casino takings almost wiped out by pandemic impact
May 01, 2020 (AFP)
Figures from the Gaming Inspection and Coordination Bureau showed gross gaming revenue of 754 million patacas ($95 million) last month -- a drop of 97 percent f...
Chinese factory activity slows in face of global pandemic
Apr 30, 2020 (AFP)
While the country ramps up economic production as daily life slowly gets back to normal following weeks of strict lockdown measures, its crucial markets in the ...
EU, China and others kick off workaround for stalled WTO appeals body
Apr 30, 2020 (AFP)
The participants in the arrangement formally notified the World Trade Organization Thursday that the temporary appeals mechanism had entered into force. The "in...
US cites Amazon's foreign platforms over counterfeit goods
Apr 29, 2020 (AFP)
The US Trade Representative's office placed Amazon on the list of retail operations under scrutiny for intellectual property protection. As part of its annual r...
Equities extend gains as lockdowns are eased but dealers cautious
Apr 29, 2020 (AFP)
Traders brushed off more data showing the gaping hole being blown in the global economy that is also seeing companies either pull their earnings reports or prov...
HSBC profits halved as virus batters global economy
Apr 28, 2020 (AFP)
The lender reported pre-tax profits of $3.2 billion, down 48 percent from the same period in 2019, citing credit losses from clients struck by the economic slow...
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