TRADE WARS

News About World Trade

7,447 articles

Hong Kong fines DBS Bank $1.3 mn for money-laundering breaches
Jul 05, 2024 (AFP)
The HKMA said the bank failed to "continuously monitor business relationships and conduct enhanced due diligence in high risk situations" over a seven-year peri...
Asian stocks extend gains, dollar dips as US data builds on rate hope
Jul 04, 2024 (AFP)
The advances tracked another record on Wall Street on a holiday-shortened day, while national elections in Britain and France are also on the radar over the nex...
Markets extend gains, dollar dips as US data fans rate cut hopes
Jul 04, 2024 (AFP)
The advances saw Tokyo end at all-time highs following another record day on Wall Street, while national elections in Britain and France are also on the radar o...
China says opposes 'politicising' trade after Germany blocks firm's sale
Jul 04, 2024 (AFP)
MAN Energy Solutions, a subsidiary of Volkswagen group, had been due to sell the unit to Chinese group GHGT and its offshoot Guanghan Gas Turbine. But Germany's...
Markets track Wall St records as Powell revives rate hopes
Jul 03, 2024 (AFP)
After a run of above-forecast data and warnings from central bank officials suggesting monetary policy would remain elevated for some time, the remarks provided...
Dollar strengthens as bets on Trump presidency rise post-debate
Jul 02, 2024 (AFP)
Speculation about a second term for the Republican rose on the Supreme Court's ruling that all former leaders had "absolute immunity" from criminal prosecution ...
Euro, Paris stocks rise as French vote eases fears over far right
Jul 01, 2024 (AFP)
The single currency had come under pressure in recent weeks on worries Marine Le Pen's National Rally (RN) would storm to victory and push through big-spending ...
Euro edges up on easing worries about French election
Jul 01, 2024 (AFP)
The single currency had come under pressure in recent weeks on worries Marine Le Pen's National Rally would storm to victory and push through big-spending polic...
China factory activity contracts for second straight month
Jun 30, 2024 (AFP)
The manufacturing purchasing managers' index (PMI) -- a key measure of factory output -- registered at 49.5 in June, identical to May's figure, according to the...
Scholz criticises minister for unapproved deal with China
Jun 28, 2024 (AFP)
Volker Wissing on Wednesday signed a letter of intent with the head of China's cybersecurity agency, Zhuang Rongwen, on "cross-border data transfers". Although ...
Yen weakens further to put focus on Tokyo, Asian equities rise
Jun 28, 2024 (AFP)
Asian equity markets advanced following a positive lead from Wall Street, though there is speculation of a possible pull-back on profit-taking and concerns the ...
Xi says China planning 'major' reforms ahead of key political meeting
Jun 28, 2024 (AFP)
Chinese policymakers have struggled to reignite growth since the end of strict Covid-19 pandemic health curbs in late 2022. The world's second-largest economy i...
Sri Lanka's creditors demand deal details; Fitch downgrades Maldives, warns of default
Jun 27, 2024 (AFP)
The Official Creditor Committee (OCC), led by Japan, France and India, have requested details of Colombo's other debt deals, a statement seen by AFP on Thursday...
Yen gains after hitting 38-year low, traders on intervention watch
Jun 27, 2024 (AFP)
The Japanese unit's latest retreat came as uncertainty surrounded the Federal Reserve's timetable for cutting interest rates, and the Bank of Japan's caution in...
Bolivia reels from failed coup amid economic crisis
Jun 27, 2024 (AFP)
Tensions have been rising in recent weeks in the Andean nation over surging prices, shortages of dollars and fuel, and a power struggle between Arce and powerfu...
China's economy in focus ahead of key July political meeting
Jun 27, 2024 (AFP)
A year and a half after crippling Covid-19 restrictions ended, a full rebound in the world's number two economy has yet to kick in, sending ripples of unease th...
Markets rise after Wall St rebound, inflation in view
Jun 26, 2024 (AFP)
The euro also remained under pressure ahead of weekend elections in France that polls suggest will see big wins for the far-right and left-wing parties pushing ...
All major US banks pass Fed's 2024 'stress test'
Jun 26, 2024 (AFP)
The stress test was broadly similar to last year, the Fed said in a statement, and modeled a severe global recession which caused a 40 percent decline in commer...
Asian markets rise after Wall St rebound, inflation in view
Jun 26, 2024 (AFP)
The euro also remained under pressure ahead of weekend elections in France that polls suggest will see big wins for the far-right and left-wing parties pushing ...
China denies claims by US ambassador that Beijing hinders relations
Jun 26, 2024 (AFP)
Ambassador Nicholas Burns told the Wall Street Journal that Beijing was trying to scupper engagement between people from the two countries, intimidating Chinese...
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