TRADE WARS - INTERN DAILY

IMF approves over $500 million for Costa Rica

Jun 15, 2024 (AFP)

The approval of the economic reform program within the framework of the Extended Fund Facility (EFF) arrangement makes it possible to transfer approximately $27...

G7 hammers China over Russia ties, 'harmful' trade

Jun 14, 2024 (AFP)

China was a key focus of the Group of Seven talks in Puglia, amid souring trade relations between Beijing and the West and concerns that its supplies of equipme...

Asian markets, yen drop ahead of key Bank of Japan decision

Jun 14, 2024 (AFP)

Regional investors are trading cautiously, even after a succession of record Wall Street highs fuelled by promising inflation data and a Federal Reserve predict...

German economy minister to visit China amid EV tariffs row

Jun 14, 2024 (AFP)

Robert Habeck will make a trip to Beijing, Shanghai and Hangzhou from Friday to Sunday, according to a provisional schedule. Topics on the agenda include econom...

'Procedural issues' delaying Sri Lanka debt deal: IMF

Jun 14, 2024 (AFP)

The Washington-based lender of last resort this week gave Sri Lanka the latest tranche of a rescue package designed to help repair the island nation's ruined fi...

Huthi missile attack severely injures sailor on cargo ship: US military

Jun 14, 2024 (AFP)

The Huthis have been targeting vessels in the Red Sea and Gulf of Aden since November 2023 in attacks they say are in solidarity with Palestinians during the on...

Kenya's Ruto seeks G7 support in global finance reform

Jun 14, 2024 (AFP)

African countries, facing mounting debt costs and a dearth of funds, have been demanding more equitable distribution of resources to better tackle poverty, cope...

China Premier Li visits Auckland, stirring up hope of new trade

Jun 14, 2024 (AFP)

Li is on a six-day tour of New Zealand and Australia, the highest-ranking official to visit either nation since his predecessor in 2017. China accounts for 30 p...

Asian stocks build on Wall St records after US inflation data

Jun 13, 2024 (AFP)

The weaker-than-expected May consumer price index marked a second successive month of slowing -- to a more than three-year low -- and boosted optimism that the ...

Asian markets stutter as investors fret ahead of US releases

Jun 12, 2024 (AFP)

While a surge in Apple helped Wall Street reach another record, investors are growing increasingly nervous that the US central bank will hold off on cutting bor...

China consumer prices up in May, factory deflation persists

Jun 12, 2024 (AFP)

The consumer price index rose 0.3 percent on-year in May, unchanged from the increase recorded in April and the fourth straight month in positive territory, acc...

Asian markets stutter ahead of US releases, Europe bounces

Jun 12, 2024 (AFP)

The euro continued to struggle on political uncertainty in Europe fuelled by shock EU election results, though the bloc's equities rebounded after two days of l...

Germany warns of 'trade war' over EU's China EV tariffs

Jun 12, 2024 (AFP)

"The European Commission's punitive tariffs hit German companies and their top products," German Transport Minister Volker Wissing said on X, formerly Twitter. ...

Asian markets mostly down ahead of Fed, US inflation data

Jun 11, 2024 (AFP)

After an upbeat run last week driven by signs of an easing in the labour market and economy, Friday's forecast-busting non-farm jobs report provided a dose of r...

Chinese developer Dexin ordered to liquidate by Hong Kong court

Jun 11, 2024 (AFP)

The decision comes as Beijing tries to shore up the industry, which accounts for a huge portion of the world's number two economy and is causing a headache for ...

Chinese Premier Li to visit Australia as trade ties warm

Jun 11, 2024 (AFP)

Li's four-day trip, which begins Saturday, comes after Beijing lifted most of the trade barriers it had imposed several years ago on Australian exports includin...

French bosses fear far right's vague economic plans

Jun 11, 2024 (AFP)

Federations are treading lightly with their public comments, aware that they could be sitting across the table from National Rally (RN) ministers if the party s...

China probes top exec at state investment firm for corruption

Jun 09, 2024 (AFP)

Xu Zuo, vice president at China Citic Group, is "suspected of serious disciplinary and legal violations", the Communist Party's Central Commission for Disciplin...

The unexpected origins of a modern finance tool

Jun 09, 2024 (SPX)

But in 1626, Durham officials found a formula for fees that tenants would accept. If tenant farmers paid a fee equal to one year's net value of the land, it ear...

Huthi rebels say they attacked three ships off Yemen's coast

Jun 09, 2024 (AFP)

The strikes are the latest in a flurry of attacks by the Iran-backed rebels who have been harassing ships in the Red Sea and the Gulf of Aden since November in ...