TRADE WARS - INTERN DAILY

Chinese property firm Kaisa strikes debt restructuring deal

Aug 20, 2024 (AFP)

Real estate once served as a vital growth engine for the world's second-largest economy, undergoing two decades of dazzling expansion as living standards rose a...

Asian markets get week off to largely positive start

Aug 19, 2024 (AFP)

Investors appear to have got over the turmoil that beset trading floors earlier in the month as a string of data suggested that worries of a US recession had be...

Vietnam's new top leader in Beijing for first overseas trip

Aug 19, 2024 (AFP)

Xi welcomed Lam with a military parade outside the Great Hall of the People, before the pair held talks and signed cooperation documents inside the state buildi...

Australia fears Aus$3 bn hit from China slowdown

Aug 19, 2024 (AFP)

Troubles in China's massive construction sector have seen iron ore prices drop about 30 percent since the start of the year -- and the ripple effects are now be...

China youth unemployment jumps to 17.1% in July

Aug 17, 2024 (AFP)

China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West. Chinese Premier Li Qia...

Asian markets surge on strong US consumer data

Aug 16, 2024 (AFP)

The key Nikkei 225 index added nearly three percent following rallies on Wall Street, continuing a bullish run after stocks in Tokyo crashed Monday on worries a...

Equities surge on strong US consumer data

Aug 16, 2024 (AFP)

The key Nikkei 225 index added more than three-and-a-half percent following rallies on Wall Street, continuing a bullish run after stocks in Tokyo crashed Monda...

Asian stocks follow Wall Street climb

Aug 15, 2024 (AFP)

The eagerly awaited US consumer price index (CPI) data showed a 2.9 percent rise last month from a year ago -- its smallest 12-month increase since March 2021 -...

Global stocks follow Wall Street climb

Aug 15, 2024 (AFP)

The eagerly awaited US consumer price index (CPI) data showed a 2.9 percent rise last month from a year ago -- its smallest 12-month increase since March 2021 -...

China's underwhelming data dampens hope of economic recovery

Aug 15, 2024 (AFP)

More than a year and a half after the lifting of stringent Covid-19 measures, the much-anticipated post-pandemic recovery has been brief and less robust than ex...

China says Vietnam President To Lam to make 3-day visit

Aug 15, 2024 (AFP)

"Vietnamese President To Lam will pay a state visit to China from August 18 to 20," foreign ministry spokeswoman Hua Chunying said in a statement Thursday, addi...

Honduran president meets Chinese official with trade deal on horizon

Aug 14, 2024 (AFP)

Enrique Reina, the foreign minister of Honduras, told reporters that Hua "visited the country to advance several items." As part of ongoing trade negotiations, ...

Asian markets extend gains as US inflation data boost rate hopes

Aug 14, 2024 (AFP)

However, Tokyo went into retreat after news that the Japanese prime minister would not seek re-election as his party's leader next month, bringing an end to his...

Asian stocks build on gains ahead of US inflation data

Aug 13, 2024 (AFP)

Tokyo's Nikkei returned from a long weekend to lead the rally and top the levels touched before last Monday's rout -- its worst since 1987 -- helped by a weaker...

China says FM Wang to visit Myanmar, Thailand this week

Aug 13, 2024 (AFP)

"Wang Yi will visit Myanmar and travel to Thailand to co-chair the ninth Lancang-Mekong Cooperation Foreign Ministers' Meeting," foreign ministry spokesman Lin ...

UN launches new way to measure nations' economic vulnerability

Aug 13, 2024 (AFP)

The "Multidimensional Vulnerability Index" (MVI) is set to act as a complement to GDP and other development metrics. Since the 1990s, small island developing st...

Stocks mostly rise as focus turns to US inflation data

Aug 12, 2024 (AFP)

After a painful collapse fuelled by a big miss on US jobs creation, equities managed to bounce back over the following days and ended Friday on a healthy note. ...

Hong Kong court gives developer Kaisa more time to restructure debt

Aug 12, 2024 (AFP)

China's property sector has yet to bounce back from Beijing's 2020 crackdown on excessive borrowing and rampant speculation, with some developers now undergoing...

US officials to travel to China for economic meetings

Aug 12, 2024 (AFP)

The trip to Shanghai will be for talks under a financial working group (FWG) formed last year, with both sides due to discuss financial stability, issues relati...

China consumer prices hit five-month high, top forecasts

Aug 09, 2024 (AFP)

The reading comes as authorities struggle to kickstart activity among the country's army of consumers, with officials last week issuing a set of directives aime...