TRADE WARS - INTERN DAILY

Most Asian markets see fresh gains as traders await Fed guidance

Nov 09, 2023 (AFP)

Last week's hint by the US central bank at an end to its interest rate-hiking cycle, followed by data showing a softer labour market, has provided traders with ...

China slipped back into deflation in October: data

Nov 09, 2023 (AFP)

The figures come after figures earlier in the week showed a forecast-busting bounce in imports that had lifted hopes the country's vast army of consumers were b...

Markets drift as traders weigh outlook for rates

Nov 08, 2023 (AFP)

While Wall Street enjoyed another advance, there were few catalysts to drive business and, with geopolitical tensions relatively subdued, US monetary policy is ...

US lends $553 million for deep-sea terminal in Sri Lanka

Nov 08, 2023 (AFP)

Sri Lanka sits astride the world's busiest shipping route, which links the Middle East and East Asia, giving its maritime assets strategic importance. The new C...

Asian markets drift as traders weigh outlook for rates

Nov 08, 2023 (AFP)

While Wall Street enjoyed another advance, there were few catalysts to drive business, and with geopolitical tensions relatively subdued, US monetary policy is ...

China's exports extend slump in October: data

Nov 07, 2023 (AFP)

Beijing has sought to boost business activity in a country grappling with a major property crisis and weaker consumption since officials abolished their strict ...

China owed more than $1 trillion in Belt and Road debt: report

Nov 07, 2023 (AFP)

Beijing says upwards of 150 countries stretching from Uruguay to Sri Lanka have signed up to the BRI, a vast global infrastructure push unveiled by President Xi...

IMF raises China 2023 growth forecast to 5.4%

Nov 07, 2023 (AFP)

After a tough year for the world's number-two economy, there have been flickers of life in recent weeks, with third-quarter expansion coming in more than expect...

Asian markets take a breather after Fed rate pause rally

Nov 07, 2023 (AFP)

Investors were unable to maintain the momentum seen after US officials hinted that the era of rising borrowing costs was over, while a jump in Treasury yields M...

US Treasury chief, Chinese vice premier to meet before APEC summit

Nov 06, 2023 (AFP)

Yellen will host He for two days of bilateral meetings, at "a time of more intensive diplomacy" aimed at stabilizing ties and helping with progress on economic ...

China, Australia can become 'trusting' partners, Xi says

Nov 06, 2023 (AFP)

Beijing is Canberra's biggest trading partner, but relations plummeted in 2020 after Australia's then-conservative government barred Chinese tech giant Huawei f...

Australia's PM sees 'promising signs' of better China ties

Nov 06, 2023 (AFP)

After years of deep rancour between the two trading partners, Anthony Albanese predicted a "constructive discussion" with China's leader and lauded recently imp...

Asia builds on global stocks rally as US jobs data cements rate hopes

Nov 06, 2023 (AFP)

After a tough year for traders, the bank's decision last week to pause on monetary policy for a second meeting and hint that it would not tighten further has pr...

US China policy chief meets Beijing's top borders official

Nov 04, 2023 (AFP)

Mark B. Lambert, the U.S. Department of State China coordinator and deputy assistant secretary for China and Taiwan, met the Chinese Director-General for Bounda...

Transportation Dept. announces $653M in federal funds to strengthen nation's ports

Nov 03, 2023 (UPI)

The Port Infrastructure Development Program, announced Friday by DOT's Maritime Administration, aims to increase capacity and efficiency at coastal seaports, Gr...

Asia extends global stocks rally on rate optimism, jobs in focus

Nov 03, 2023 (AFP)

After a fallow past two months, markets have recovered some of their mojo after the US central bank left borrowing costs on hold for a second straight meeting a...

China's Xi asks Scholz to push EU to boost 'fair market competition'

Nov 03, 2023 (AFP)

Beijing and the EU are major trade partners but the bloc has recently signalled a desire to reduce reliance on trade with China in technology and other areas. T...

US seeks China collaboration, with eye on national security: Yellen

Nov 02, 2023 (AFP)

Her remarks outlining Washington's approach to US-China ties come ahead of Asia-Pacific Economic Cooperation (APEC) meetings this month in San Francisco -- wher...

Stocks rally and dollar drops on hopes Fed rates have peaked

Nov 02, 2023 (AFP)

Asian traders picked up the baton from their Wall Street counterparts, who welcomed what was seen as a dovish stance by the central bank and its governor, while...

Global challenges discussed in White House meetings with leaders of Dominican Republic, Chile

Nov 02, 2023 (UPI)

The White House reported that discussions with President Luis Abinader of the Dominican Republic were marked by a shared commitment to strengthening economic ti...