TRADE WARS - INTERN DAILY

Asian markets advance after record rallies

Feb 23, 2024 (AFP)

Investors celebrated on Thursday as bumper profits reported by US chip giant Nvidia, seen as a bellwether for the artificial intelligence boom, helped boost Tok...

StanChart bank in shareholder bonanza as profits soar

Feb 23, 2024 (AFP)

The London-listed lender launched a new $1-billion share buyback as part of plans to return at least $5 billion to shareholders over the next three years, it sa...

Biden slaps sanctions on 500 targets in Russia 'war machine'

Feb 23, 2024 (AFP)

The sanctions, described as the largest single tranche since the start of the war, also seek to impose a cost for the death last week in a Siberian prison of Pu...

US expects to discuss Chinese overcapacity with G20

Feb 23, 2024 (AFP)

Yellen is set to visit Sao Paulo from Tuesday to Thursday, to participate in the Group of 20 leading economies' finance minister and central bank governor meeti...

Huthi missile attack damages British-owned ship off Yemen

Feb 22, 2024 (AFP)

The rebels, who control much of Yemen, have carried out months of attacks on merchant vessels in the Red Sea and the Gulf of Aden, disrupting the key shipping r...

Asian markets climb, Tokyo hits record after US tech gains

Feb 22, 2024 (AFP)

Highly anticipated earnings results from Nvidia beat expectations late Wednesday, with the firm reporting a quarterly profit of $12.3 billion on record-high rev...

Attacked ship catches fire in Gulf of Aden near Yemen

Feb 22, 2024 (UPI)

"UKMTO has received a report of an incident 70 nautical miles southeast of Aden, Yemen. Authorities are investigating," the statement said. "Vessels are advised...

Youth appetite for gold rises as Chinese economy loses lustre

Feb 21, 2024 (AFP)

Elaborate traditional pieces created by master goldsmiths have always been popular in China, bought as gifts for special occasions like the Lunar New Year or si...

China stocks jump after rate cut as markets await US tech earnings

Feb 21, 2024 (AFP)

China's central bank rate-cut on Tuesday is among measures intended to rally dwindling growth as the world's second-largest economy battles a prolonged property...

HSBC reports 'record profit' of $30.3 bn in 2023

Feb 21, 2024 (AFP)

The Asia-focused lender and its peers have been buoyed by rising interest rates for more than a year, but are bracing for greater economic uncertainties in 2024...

HSBC shares tank on China impairment scare

Feb 21, 2024 (AFP)

Net profit surged 56 percent last year to US$22.4 billion, the London-headquartered group said in a statement. Pre-tax gains hit a record $30.3 billion followin...

China shares end higher as central bank cuts key rate

Feb 20, 2024 (AFP)

The Shanghai and Shenzhen exchanges were buoyant Monday after the Lunar New Year, leading gains in most Asian markets thanks to a holiday boost that pushed spen...

China new year holiday spending surges past pre-pandemic levels

Feb 19, 2024 (AFP)

Domestic spending on entertainment, dining and travel soared during this year's "Golden Week", which officially ended on Saturday, according to a statement from...

Blinken, China's Wang discuss Russia, US sanctions

Feb 17, 2024 (AFP)

Blinken and Wang's meeting on the sidelines of the Munich Security Conference follows an extremely fraught period between the two giants over issues including T...

China's Wang tells Britain two sides must strengthen cooperation

Feb 17, 2024 (AFP)

China and the UK have traded barbs in recent months over accusations of human rights abuses and espionage. The Chinese foreign ministry said last month it had s...

UK and China agree to deepen cooperation as ministers meet

Feb 17, 2024 (AFP)

Chinese foreign minister Wang Yi told UK counterpart David Cameron at Friday's meeting that they should "strengthen exchanges and cooperation", state media in B...

Houthis say they attacked bulk carrier in Gulf of Aden

Feb 16, 2024 (UPI)

Its naval forces attacked the Barbados-flagged Lycavitos carrier with "appropriate naval missiles," the militia said in a statement. "The strikes were direct." ...

Asian markets rally after Wall Street highs

Feb 16, 2024 (AFP)

US and European stocks rallied Thursday, with the broad-based S&P 500 up 0.6 percent to finish at an all-time high, along with Paris and Frankfurt. London equit...

France, Germany block EU deal on scaled-back app worker law

Feb 16, 2024 (AFP)

The European Union's objective was to bring in bloc-wide rules that supporters hoped would improve conditions for app workers in the gig economy by reclassifyin...

Asian markets mostly up, tracking Wall Street gains

Feb 15, 2024 (AFP)

Figures on Tuesday showing the US consumer price index slowed less than expected in January dealt a body blow to hopes of an early interest rate cut and sent As...