TRADE WARS - INTERN DAILY

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...

Argentina's battered middle class shrinking under Milei

Mar 20, 2024 (AFP)

Inheriting massive levels of inflation and government debt, Milei has since taking office in December slashed subsidies for transport, fuel and energy, even as ...

Yen drops, stock markets mixed as Japan hikes interest rates

Mar 19, 2024 (AFP)

With inflation consistently holding above officials' two percent target and recent wage talks ending with bumper rises, the BoJ finally felt confident to pivot ...

New Zealand PM to make first visit to China

Mar 19, 2024 (AFP)

Chinese Foreign Minister Wang Yi was in New Zealand this week meeting Luxon, his counterpart Winston Peters and trade minister Todd McClay. Peters told reporter...

Asian markets mixed ahead of Bank of Japan decision

Mar 19, 2024 (AFP)

The gathering in Tokyo is one of several at major central banks this week that will decide on interest rates, including the United States, United Kingdom and Au...

Yen drops, Asian markets mixed as Japan hikes interest rates

Mar 19, 2024 (AFP)

With inflation consistently holding above officials' two percent target and recent wage talks ending with bumper rises, the BoJ finally felt confident to pivot ...

China's FM schedules controversial meeting with Australian ex-PM

Mar 19, 2024 (AFP)

Foreign Minister Wang Yi on Wednesday will meet his Australian counterpart Penny Wong in Canberra, his first visit to the country since 2017. While the whirlwin...

China retail sales show shaky economic recovery

Mar 18, 2024 (AFP)

The highly anticipated comeback after Beijing lifted stringent Covid control measures in late 2022 was less robust than expected, and the world's second-largest...

China regulator to ban Evergrande chair from securities market for life

Mar 18, 2024 (AFP)

Heavily indebted Evergrande has become a potent symbol of the years-long crisis in China's property market, a crucial pillar of growth in the world's second-lar...

Asian markets hit by rate worries after US inflation surprises

Mar 15, 2024 (AFP)

The surprisingly large bump in February's producer price index followed a forecast-beating read on consumer prices earlier in the week and overshadowed separate...

Swiss urged to use succession to boost women, environment at central bank

Mar 14, 2024 (AFP)

After leading the SNB for a dozen years -- during which he confronted numerous challenges including the Covid-19 pandemic and the rescue of Credit Suisse -- Jor...

China's FM heads to Australia, New Zealand

Mar 14, 2024 (AFP)

Wang's visit to Australia, his first as foreign minister since 2017, comes as the two countries have begun to resolve simmering trade disputes, despite recent s...

Asian markets mixed as traders eye US data, looming Fed meeting

Mar 14, 2024 (AFP)

While a hot consumer price index reading earlier this week did not rock optimism that interest rates will come down this year, analysts warned that could be tes...

China's FM heads to Australia, wine tariffs in view

Mar 14, 2024 (AFP)

Wang's visit to Australia, his first as foreign minister since 2017, comes as the two countries enjoy easier trade relations despite sparring over human rights ...

Most markets track Wall St gains as US data fails to damp rate hopes

Mar 13, 2024 (AFP)

While February's consumer price index reading was not ideal -- having come in above estimates in January -- analysts said it showed price rises were levelling o...

China investigates another top banker for corruption

Mar 13, 2024 (AFP)

Li Jiping, the onetime vice-chief of the state-owned China Development Bank (CDB), is "suspected of serious violations of discipline and law", state broadcaster...

Markets mixed as traders struggle to keep up with Wall St rally

Mar 13, 2024 (AFP)

While February's consumer price index reading was not ideal -- having come in above estimates in January -- analysts said it showed price rises were levelling o...

Moody's downgrades major Chinese property developer Vanke

Mar 12, 2024 (AFP)

China's real estate market is grappling with unprecedented challenges, with some developers on the verge of bankruptcy and lower property prices deterring consu...

Houthis escalate Red Sea attacks; target Singapore-flagged commercial vessel

Mar 09, 2024 (UPI)

The Houthis fired "several suitable naval missiles" against the M/V Propel Fortune as well as launching 37 drones targeting several U.S. Navy destroyers in a se...