TRADE WARS

News About World Trade

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Hong Kong, Shanghai stocks rally on China property support
May 17, 2024 (AFP)
The move provided some hope for the world's number two economy, which has been dragged by a long-running debt crisis among major developers. However, the news w...
China offers to buy up commercial housing to boost property market
May 17, 2024 (AFP)
Property and construction accounts for more than a quarter of gross domestic product, but the sector has been under unprecedented strain since 2020, when author...
Putin in trade push on final day of China trip
May 17, 2024 (AFP)
Putin arrived Thursday on his first trip abroad since his March re-election, meeting President Xi Jinping for talks in which the leaders framed their nations' t...
Hong Kong, Shanghai stand out in Asia on China property support
May 17, 2024 (AFP)
The move provided some hope for the world's number two economy, which has been dragged by a long-running debt crisis among major developers. However, the news w...
Asian stocks mixed after Wall St, Europe retreat from records
May 17, 2024 (AFP)
All three main indexes in New York as well as London, Paris and Frankfurt turned lower Thursday, having ended at record highs the day before. The losses came as...
US bars imports from 26 Chinese textile firms over forced labor
May 16, 2024 (AFP)
Out of the 26 new additions to the Uyghur Forced Labor Prevention Act entity list, 21 were deemed to source and sell cotton from China's northwestern Xinjiang r...
China 'can't have it both ways' with Russia and West: US
May 16, 2024 (AFP)
"The People's Republic of China can't have its cake and eat it too," State Department spokesman Vedant Patel told reporters. "It can't have it both ways and wan...
What will be the repercussions of Biden's new China tariffs?
May 16, 2024 (AFP)
But despite targeting $18 billion in imports across new and already targeted sectors, analysts do not expect a major economic impact, assuming Beijing does not ...
Toshiba to cut up to 4,000 jobs in Japan
May 16, 2024 (AFP)
The announcement follows the delisting of the firm's shares in September after being taken private by a consortium in the wake of multiple crises. The headcount...
Consumer groups accuse Temu of manipulating online shoppers
May 16, 2024 (AFP)
One of the fastest-growing apps, Temu only entered the EU market in April 2023 and says it has on average around 75 million monthly active users in the 27-count...
Asian markets track Wall St records after US inflation data
May 16, 2024 (AFP)
The news sent all three main indexes on Wall Street to record highs, with confidence given an extra boost by figures showing retail sales well below expectation...
Esprit files for bankruptcy of European businesses
May 15, 2024 (AFP)
The Hong Kong-listed group initiated the bankruptcy proceedings in Germany, saying it hoped the move would enable the affected subsidiaries to overhaul their fi...
French court confiscates 9 chateaux from Chinese magnate
May 15, 2024 (AFP)
Naijie Qu, 63, head of the Haichang Group based northeastern Chinese port city of Dalian, was also sentenced to a suspended three-year jail term and fined one m...
Asian markets mixed as focus turns to US inflation report
May 15, 2024 (AFP)
A report showing a forecast-beating rise in April wholesale prices was offset by a downward revision for the previous month, while analysts said a deeper look a...
'Significant' China response to US tariffs possible: Yellen
May 13, 2024 (AFP)
The United States is reportedly planning to raise tariffs on Chinese clean energy goods such as electric vehicles, batteries and solar products, with an announc...
China sell initial batch of long-dated bonds; Asian markets mixed
May 13, 2024 (AFP)
The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted...
Maldives gets IMF debt warning as more Chinese loans loom
May 13, 2024 (AFP)
Since winning office last year, President Mohamed Muizzu has reoriented the atoll nation -- known for its upmarket beach resorts and celebrity vacationers -- aw...
US sanctions test China's 'no limits' friendship with Russia
May 13, 2024 (AFP)
China's trade with Russia has hit record highs in recent years, drawing accusations that it is helping buoy its longtime ally's economy, with President Vladimir...
Unionized US Apple store votes to authorize strike
May 12, 2024 (AFP)
Employees at the Apple store in the town of Towson, outside of Baltimore, voted to unionize in 2022 -- another first for the iPhone maker's US stores. But a con...
China consumer prices rise at faster rate in April
May 11, 2024 (AFP)
The consumer price index (CPI) rose by 0.3 percent year-on-year in April, staying in positive territory for the third straight month, according to the National ...
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