TRADE WARS - INTERN DAILY

China says Italy PM Meloni to visit from Saturday

Jul 25, 2024 (AFP)

"At the invitation of Premier Li Qiang of the State Council, Italian Prime Minister Giorgia Meloni will pay an official visit to China from July 27 to 31," fore...

Markets track tech-led plunge on Wall St, yen extends gains

Jul 25, 2024 (AFP)

Tokyo's Nikkei led the retreat in equities, diving more than three percent, with a stronger yen adding to the downward pressure on exporters. Global stocks have...

Asian markets track Wall St losses after mixed tech earnings

Jul 24, 2024 (AFP)

Traders are also shifting cautiously as they weigh the outlook for US policy post-election, with Democrat chances boosted by the expected nomination of Kamala H...

L'Occitane to exit Hong Kong stock exchange

Jul 23, 2024 (AFP)

The company's main shareholder, Reinold Geiger, launched in April a 1.7-billion-euro ($1.8-billion) offer to acquire the 28 percent of the company he did not al...

Markets mixed after US rally ahead of inflation report

Jul 23, 2024 (AFP)

Joe Biden's decision to drop out of the presidential election race and endorse Vice President Kamala Harris had little major impact on sentiment, analysts said,...

Asian markets drop as Biden drops out of White House race

Jul 22, 2024 (AFP)

After last weekend's assassination attempt on Donald Trump -- and the following Republican convention -- boosted bets he would win November's election, investor...

Canada's foreign minister calls for better ties with China

Jul 20, 2024 (AFP)

Melanie Joly met her Chinese counterpart Wang Yi on Friday for a meeting she described as "constructive and productive" on social media platform X. Relations be...

Markets track Wall St loss with eyes on US race, China disappoints

Jul 19, 2024 (AFP)

Investors were already on edge after a report said the White House was considering a crackdown on firms supplying chip technology to Beijing, and following Dona...

Markets track Wall St loss, tech outage hits global computer systems

Jul 19, 2024 (AFP)

Investors were already on edge after a report said the White House was considering a crackdown on firms supplying chip technology to Beijing, and following Dona...

Cambodia looks to 'breathe' with controversial new canal

Jul 18, 2024 (AFP)

Next month, Cambodia will officially break ground on the Funan Techo canal, a $1.7 billion project running from the Mekong river to a Cambodian port on the Gulf...

Canada FM to visit China this week: foreign ministry

Jul 18, 2024 (AFP)

Joly is visiting at the invitation of her Chinese counterpart Wang Yi, the ministry said in a statement. The top Canadian diplomat has not travelled to China si...

China's leaders vow to fight 'risks' plaguing economy

Jul 18, 2024 (AFP)

The world's second-largest economy is grappling with a property debt crisis, weakening consumption, and an ageing population. All eyes were on how this week's T...

Asian markets mixed after Wall St retreat, tech hit by chip fears

Jul 18, 2024 (AFP)

The dollar remained subdued following its latest retreat caused by growing expectations that the Federal Reserve will cut interest rates at least once this year...

HSBC names CFO Elhedery as next chief executive

Jul 17, 2024 (AFP)

The new boss will take the helm on September 2, the bank said, as it looks to push on with a transformation undertaken by current CEO Noel Quinn, who announced ...

Stocks, dollar swing as rate bets offset by Trump inflation talk

Jul 17, 2024 (AFP)

While Wall Street saw another day of record highs owing to bets on lower borrowing costs and a more market-friendly White House, Asian dealers trod more cautiou...

China youth unemployment down in June: stats bureau

Jul 17, 2024 (AFP)

More than 18 months since abolishing stringent Covid-19 controls that weighed heavily on growth, a highly anticipated post-pandemic recovery has been less robus...

Equities mixed, dollar up after Wall St record as Trump odds grow

Jul 16, 2024 (AFP)

Traders struggled to extend gains on Wall Street, where the Dow chalked up its first record since May, while the dollar rose with Treasury yields on speculation...

Cartier-owner Richemont says China sales tumble 27%

Jul 16, 2024 (AFP)

The Swiss luxury group said overall sales dipped 1.0 percent to 5.27 billion euros ($5.74 billion) in its first quarter that ended June 30 thanks to growth in t...

China waits anxiously for economic plan as gloom reigns

Jul 16, 2024 (AFP)

A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China's recovery momentum, sending...

Beijingers feel the pinch as economic data disappoints; Officials hold key meeting

Jul 15, 2024 (AFP)

Chinese authorities on Monday said the country's economy had expanded by just 4.7 percent in the second quarter, some of its slowest progress in years and a sig...