TRADE WARS - INTERN DAILY

China consumer prices rise in February for first time in six months

Mar 09, 2024 (AFP)

The world's second-largest economy posted some of its lowest growth in decades last year and is battling a prolonged property sector crisis and soaring youth un...

China must do more to lift employment, stabilise housing market: officials

Mar 09, 2024 (AFP)

Beijing is grappling with a prolonged property sector crisis, record youth unemployment and a global slowdown hammering demand for Chinese goods. Youth unemploy...

Fears grow for Hong Kong's finance hub status under proposed security law

Mar 08, 2024 (AFP)

The draft bill, introduced at the city's legislature on Friday, includes major offences such as treason and insurrection, which could be punished with life impr...

Biden pushes higher corporate tax, touts strong economy in key speech

Mar 08, 2024 (AFP)

The 81-year-old outlined his agenda in the annual speech, in an effort to speak to voters' worries while taking credit for the recovery of the world's biggest e...

Asian markets join rally after Wall St, European records

Mar 08, 2024 (AFP)

Expectations for a first reduction in June have ramped up after Federal Reserve boss Jerome Powell this week told lawmakers that while the battle against inflat...

U.S. sanctions Houthi revenue source as militants claim first deaths in Red Sea attacks

Mar 07, 2024 (UPI)

The Treasury has been targeting the Houthis with sanctions since Nov. 17 when the Iran-backed militia began attacking commercial as well as U.S. and British mil...

Asian markets swing ahead of key US jobs data

Mar 07, 2024 (AFP)

Focus is also on the release of key US jobs data due Friday, following a positive set of figures showing the labour market remained healthy but appeared to be s...

China trade surges in first two months of 2024

Mar 07, 2024 (AFP)

Overseas shipments have long served as a key driver of the country's economic growth, providing vast amounts of jobs for the manufacturing sector. In January an...

Bulk carrier hit by missile from Yemen, crew says three killed

Mar 07, 2024 (AFP)

The Iran-backed Huthis have been targeting merchant vessels transiting the vital Red Sea trade route for months but Wednesday's deaths were the first reported f...

Two Philippine crew among dead in Huthi missile attack: govt

Mar 07, 2024 (AFP)

The Iran-backed Huthis have been targeting merchant vessels transiting the vital Red Sea trade route for months but Wednesday's deaths were the first reported f...

Markets struggle ahead of key US jobs data

Mar 07, 2024 (AFP)

Focus is also on the release of key US jobs data due Friday, following a positive set of figures showing the labour market remained healthy but appeared to be s...

EU will force big tech to change 'behaviour': competition chief

Mar 06, 2024 (AFP)

In an interview with AFP, Margrethe Vestager said she did not expect full compliance right away with the milestone Digital Markets Act (DMA) -- but that Brussel...

Asian stocks drop after global markets fall on tech sell-off

Mar 06, 2024 (AFP)

Gold prices and bitcoin hit all-time highs Tuesday before reversing gains, while the sell-off in some technology stocks hit many markets around the world. Wall ...

Asian stocks advance after global markets fall on tech sell-off

Mar 06, 2024 (AFP)

Gold prices and bitcoin hit all-time highs Tuesday before reversing gains, while the sell-off in some technology stocks hit many markets around the world. Wall ...

China hails 'favourable' economic conditions, despite trade woes

Mar 06, 2024 (AFP)

Thousands of delegates are convening this week in Beijing for the "Two Sessions" -- the annual meetings of China's parliament and a political consultative body ...

China's economic woes far from over, despite optimistic 5% growth target

Mar 05, 2024 (AFP)

Beijing's leadership on Tuesday laid out an objective of "around five percent" gross domestic product (GDP) growth this year -- a dream of many developed Wester...

EU strikes deal to ban products made using forced labour

Mar 05, 2024 (AFP)

The bloc's draft text does not specifically mention China, but focuses on all products made from forced labour, including those made within the European Union. ...

China sets ambitious 5 percent growth target for 2024

Mar 05, 2024 (AFP)

Premier Li Qiang formally announced the growth goal, alongside the overall budget and key government policies for 2024, as China's annual National People's Cong...

Asian markets mostly down as China sets 5 percent growth goal

Mar 05, 2024 (AFP)

Tokyo finished flat, a day after Japan's benchmark Nikkei index hit a record high, closing above 40,000 points for the first time. Wall Street retreated on Mond...

MSC confirms container ship hit by missile off Yemen

Mar 05, 2024 (AFP)

Since November, the Iran-backed rebels have fired drones and missiles at numerous ships in the Red Sea area vital for world trade. Geneva-based MSC said the Lib...