TRADE WARS - INTERN DAILY

Australia's treasurer says China stimulus could boost growth Down Under

Sep 27, 2024 (AFP)

Speaking on the second day two of a visit to the Chinese capital, Chalmers told a news conference that Australia had a "lot at stake" in its ties with its large...

Hong Kong, Shanghai extend surge as China optimism boosts markets

Sep 27, 2024 (AFP)

A string of announcements this week has seen leaders cut interest rates, pledge support to the beleaguered property sector, free up banks to lend more and pledg...

Cuts, cash, credit: China bids to jumpstart flagging economy

Sep 27, 2024 (AFP)

The stimulus followed warnings that more state support was needed to get the world's second-largest economy back on track and hit growth targets for 2024. Here ...

China considers $142 bn injection for state banks: vows to fix property sector

Sep 26, 2024 (AFP)

Beijing has this week announced some of the strongest measures in years to boost activity in the world's second-largest economy, which has yet to achieve a full...

US, China have forged 'closer' ties despite tariffs: Yellen

Sep 26, 2024 (AFP)

"I do believe it's gotten closer," she told CNBC of the relationship between the world's two biggest economies. "We've found ways to constructively discuss and ...

Stock markets boosted by China hopes, tech rally

Sep 26, 2024 (AFP)

The gains were supported by a tech surge following a strong earnings outlook from US chip giant Micron and as South Korean behemoth SK hynix said it had started...

Van Gogh painting falls short of expectations in Hong Kong auction

Sep 26, 2024 (AFP)

"Les canots amarres" -- or "the moored boats" -- was the centrepiece of an inaugural evening sale held to celebrate the opening of auction house Christie's new ...

Global stocks mixed after China stimulus as Dow retreats from record

Sep 25, 2024 (AFP)

Shanghai closed up 1.2 percent and Hong Kong advanced 0.7 percent after both markets surged more than four percent Tuesday following a slew of Chinese interest-...

Stocks rally stutters but Hong Kong, Shanghai up on new China move

Sep 25, 2024 (AFP)

However, after a bumper start to the day -- building on Tuesday's rally and following a record performance on Wall Street -- most other markets fell as traders ...

Asian markets boosted again after another Chinese rate cut

Sep 25, 2024 (AFP)

Hong Kong and Shanghai, which surged more than four percent Tuesday, enjoyed another bumper start following a record performance on Wall Street, while gold also...

Cuts, cash, credit: China's latest bid to jumpstart flagging economy

Sep 25, 2024 (AFP)

The stimulus announced by the central bank come after warnings that more state support was needed to get the world's second-largest economy back on track and hi...

China probes US fashion group over 'unreasonable' Xinjiang boycott

Sep 24, 2024 (AFP)

The commerce ministry said PVH was suspected of "unreasonably boycotting Xinjiang cotton and other products ... without a factual basis, seriously damaging the ...

China unveils fresh stimulus to boost ailing economy

Sep 24, 2024 (AFP)

The world's second-largest economy has yet to achieve a highly anticipated post-pandemic recovery and the government has set a goal of five percent growth in 20...

Stock markets advance on China stimulus

Sep 24, 2024 (AFP)

After a string of weak data that fanned worries about the country's financial health and particularly its property sector, the Chinese central bank said it woul...

EU launches WTO challenge against China dairy probe

Sep 23, 2024 (AFP)

Beijing announced its probe in August after the European Union unveiled a plan to hit Chinese electric vehicles with hefty tariffs. "Today, the (European) Commi...

Markets rally despite China's youth unemployment soaring to 18.8 percent

Sep 21, 2024 (AFP)

The unemployment rate among 16- to 24-year-olds not in education rose from 17.1 percent in July, according to figures released by the National Bureau of Statist...

Christie's expands Hong Kong footprint in hope of art market 'pickup'

Sep 20, 2024 (AFP)

Christie's is the third major auction house in recent years to expand their footprint in the Chinese finance hub in a bid to woo younger Asian buyers, following...

Asian markets track Wall Street record to extend global rally

Sep 20, 2024 (AFP)

Traders have been put in a bullish mood by the Federal Reserve's decision to go big on its first reduction since the start of the Covid pandemic -- opting for 5...

Equity markets rally after jumbo US rate cut

Sep 19, 2024 (AFP)

After a keenly awaited meeting, the US central bank decided to lower borrowing costs for the first time since the start of the pandemic by opting for a half-poi...

Asian markets fluctuate on uncertainty over Fed rate plan

Sep 18, 2024 (AFP)

While the US central bank is widely expected to cut borrowing costs for the first time since the start of the pandemic, the big question is whether officials wi...