TRADE WARS

News About World Trade

7,447 articles

HSBC announces surprise retirement of chief executive
Apr 30, 2024 (AFP)
Quinn, 62, who streamlined HSBC to focus more on Asia, has decided to pursue a portfolio of business interests that allow him to have more time with family, HSB...
Asian markets build on Wall St rally, yen holds bounce
Apr 30, 2024 (AFP)
A forecast-beating series of earnings from top-tier firms in recent weeks, particularly tech titans including Alphabet and Microsoft, has been a key driver of t...
HSBC says chief executive Noel Quinn 'to retire'
Apr 30, 2024 (AFP)
The surprise news came as the lender reported that pre-tax profits in the first quarter fell by $200 million to $12.7 billion, while announcing a share buy-back...
L'Occitane stocks surge in Hong Kong after privatisation offer
Apr 30, 2024 (AFP)
Austrian billionnaire Reinold Geiger said he would buy back all the shares he does not own for nearly US$1.78 billion, the company said in a statement to the ci...
Most markets build on Wall St rally, yen holds rebound
Apr 30, 2024 (AFP)
A forecast-beating series of earnings from top-tier firms in recent weeks, particularly tech titans including Alphabet and Microsoft, has been a key driver of t...
China's factory activity grows for second straight month
Apr 30, 2024 (AFP)
The purchasing managers' index (PMI) -- a key measure of factory output -- came in at 50.4, the National Bureau of Statistics (NBS) said -- slightly higher than...
Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Apr 30, 2024 (AFP)
The debut comes three months after the United States gave the greenlight to ETFs pegged to bitcoin's spot price, making it easier for mainstream investors to ad...
Record gold prices boost recycling: industry
Apr 30, 2024 (AFP)
The World Gold Council (WGC) added, however, that total demand for gold dropped five percent in the first quarter year-on-year as it became too expensive for so...
Xi tells Blinken US, China should be 'partners, not rivals'
Apr 26, 2024 (AFP)
Blinken, in China for the second time in less than a year, pointed to improvements in the relationship but urged greater action from Beijing on areas including ...
Asian markets mixed as global rally stalls, eyes on yen
Apr 25, 2024 (AFP)
Traders also kept an eye on Japan as the yen wallowed at a fresh three-decade low above 155 per dollar, a level many observers saw as likely to see authorities ...
Blinken calls for US, China to manage differences
Apr 25, 2024 (AFP)
A day before meeting Beijing's top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken's visit to Shanghai has seen him sample local food,...
Hong Kong Stock Exchange bids farewell to first woman chair
Apr 24, 2024 (AFP)
Cha, 74, has reached the two-term limit but will remain an independent director of Chinese fintech giant Ant Group and a top trading policy advisor for Hong Kon...
Blinken due in China seeking pressure but also stability
Apr 24, 2024 (AFP)
The US diplomat will meet China's top brass on Friday in Beijing, where he is also expected to plead for restraint as Taiwan inaugurates a new leader, and to ra...
Asian stocks rise on earnings optimism as US data approaches
Apr 24, 2024 (AFP)
Analysts also said a recent pullback in markets provided an opportunity to step back in, while easing Middle East tensions were also providing much-needed suppo...
Blinken back in China seeking pressure but also stability
Apr 24, 2024 (AFP)
The US diplomat will meet China's top brass on Friday in Beijing, where he is also expected to plead for restraint as Taiwan inaugurates a new leader, and to ra...
China central bank ex-chairman admits to taking bribes
Apr 24, 2024 (AFP)
Liu Liange, who served as Chairman of the Bank of China (BOC) from 2019 to 2023, was charged with "accepting bribes and illegally providing loans", state broadc...
Markets up ahead of US data and earnings, London hits fresh record
Apr 23, 2024 (AFP)
The apparent easing of Iran-Israel tensions after the rivals launched missile attacks against each other continued to weigh on oil prices, while the yen inched ...
EU parliament votes forced labour ban with China in its sights
Apr 23, 2024 (AFP)
The law does not directly mention China, but many lawmakers hope it will be used to block imports from China involving the region where the Uyghur Muslim minori...
Maldives vows China-backed building boom, Indians out
Apr 23, 2024 (AFP)
He thanked voters for the landslide victory by his People's National Congress, which promised a boom in building apartments, bridges and new airports with Chine...
EU lawmakers greenlight new rules to rein in national spending
Apr 23, 2024 (AFP)
Brussels spent two years negotiating an overhaul of its budget rules that pitted fiscally hawkish states against the bloc's most indebted nations. A majority of...
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