TRADE WARS - INTERN DAILY

Indonesian president-elect Prabowo to visit China

Mar 29, 2024 (AFP)

On the invitation of President Xi Jinping, Prabowo -- who takes office later this year -- will visit China from Sunday until Tuesday, foreign ministry spokesper...

China lifts punitive tariffs on Australian wine

Mar 28, 2024 (AFP)

Canberra swiftly responded by dropping its case against Beijing at the World Trade Organization, welcoming an end to sanctions that had plunged many Australian ...

China's Xi meets US business executives in Beijing

Mar 27, 2024 (AFP)

Officials are keen to bring in investment to kickstart growth as they battle a range of headwinds including a prolonged property-sector crisis, soaring youth un...

China's pledges to Southeast Asia come up $50 bn short says study

Mar 27, 2024 (AFP)

Sydney's Lowy Institute found that since 2015, more than US$50 billion that Beijing promised to projects in the region was unallocated. More than half the proje...

Yellen to warn China of industrial oversupply risks

Mar 27, 2024 (AFP)

She plans to raise those risks during her next trip to China likely this year, and press Beijing to take "necessary steps to address this issue." In her speech ...

Asian markets fluctuate as traders weigh US rate outlook

Mar 26, 2024 (AFP)

Investors are also gearing up for the corporate earnings season, with some observers warning that profit expectations, which have helped push several markets to...

Seeing US ties, Vietnam appeals for 'market economy' status

Mar 26, 2024 (AFP)

Vietnam and China are among a dozen countries designated non-market economies by the United States, allowing tougher actions on their exports. President Joe Bid...

Asian markets mixed as traders weigh US rate outlook

Mar 26, 2024 (AFP)

Investors are also gearing up for the corporate earnings season, with some observers warning that profit expectations, which have helped push several markets to...

Sri Lankan prime minister arrives in China for state visit

Mar 25, 2024 (AFP)

Chinese officials greeted Gunawardena with a bouquet and a red-carpet welcome at an airport on the outskirts of Beijing before a motorcade whisked him into the ...

Asian markets drop as key US inflation data looms

Mar 25, 2024 (AFP)

After last week's Federal Reserve projections for interest rates indicated it would cut three times this year, traders are optimistic about the outlook for equi...

IMF chief urges China to boost growth with 'pro-market reforms'

Mar 24, 2024 (AFP)

Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-qual...

China says Sri Lankan prime minister to visit next week

Mar 22, 2024 (AFP)

"At the invitation of Premier Li Qiang of the State Council, Prime Minister... of Sri Lanka Dinesh Gunawardena will pay an official visit to China from March 25...

Fitch downgrades Chinese property giant Vanke

Mar 22, 2024 (AFP)

Some Chinese developers are on the verge of bankruptcy and lower property prices have deterred consumers from making investments. Vanke -- long considered to be...

Stocks track Wall St record after Fed keeps rate projection

Mar 21, 2024 (AFP)

Decision-makers remained confident that prices will eventually be brought to heel after pushing borrowing costs to two-decade highs without doing too much harm ...

Gold hits fresh record above $2,200 on rate cut hopes

Mar 21, 2024 (AFP)

Equity markets in New York and across Asia surged and the dollar retreated in reaction to the US central bank's projection that it would begin easing monetary p...

IMF pushes Sri Lanka to clinch debt deal with China

Mar 21, 2024 (AFP)

Sri Lanka defaulted on its $46 billion external debt in April 2022 after the country ran out of foreign exchange to finance even essential imports such as food,...

Panama Canal administrator hopes traffic normalizes by February 2025

Mar 21, 2024 (AFP)

Since last year, authorities have had to limit vessel traffic through the canal, which handles about six percent of global maritime trade. The waterway operates...

Japanese yen hits 16-year low against euro

Mar 20, 2024 (AFP)

The unit hit 164.48 per euro -- its weakest since 2008 -- as the difference between European Central Bank rates and the BoJ remained wide enough to prevent trad...

China youth unemployment edges up in February: official data

Mar 20, 2024 (AFP)

After youth joblessness soared to 21.3 percent in June last year, the National Bureau of Statistics (NBS) stopped releasing monthly figures, then resumed in Dec...

Australia hosts China FM, sees 'stability' in ties

Mar 20, 2024 (AFP)

Chinese Foreign Minister Wang Yi visited Australia for the first time since 2017, a trip designed to draw a line under disputes related to everything from the o...