TRADE WARS

News About World Trade

7,456 articles

Markets retreat further as US data fans rate hike fears
Sep 07, 2023 (AFP)
Wall Street dived and Treasury yields rose after the release of the Institute of Supply Management figures, which dealt a blow to hopes the US central bank had ...
US extends tariff exemptions on some Chinese products
Sep 06, 2023 (AFP)
While such exemptions on hundreds of Chinese goods initially lapsed in late 2020, President Joe Biden's administration reinstated tariffs exclusions on some goo...
Markets mostly drop as oil spike fuels fresh inflation fear
Sep 06, 2023 (AFP)
The dollar eased slightly against its major peers after rallying Tuesday on new monetary tightening bets, though it remained elevated. The share selling came af...
Africa demands global finance reforms to unleash its green growth
Sep 06, 2023 (AFP)
Africa is acutely vulnerable to the growing impacts of climate change, but leaders at the three-day meeting in Nairobi were eager to cast the continent not as a...
Stocks down as traders await more China economic support measures
Sep 05, 2023 (AFP)
Investors are also keeping tabs on massively indebted developer Country Garden, which is approaching the end of its grace period on interest payments for dollar...
China's Country Garden narrowly avoids default: Bloomberg
Sep 05, 2023 (AFP)
The firm in August said it was unable to make the payments, worth $22.5 million, and was given a 30-day grace period. That grace period was due to end either Tu...
Calls for reform of global finance system dominate Africa climate talks
Sep 05, 2023 (AFP)
The Nairobi summit hopes to boost investment in renewables, with the UAE on Tuesday pledging $4.5 billion to accelerate Africa's clean energy transition as the ...
Chinese Premier Li Qiang to attend G20
Sep 04, 2023 (AFP)
"At the invitation of the government of the Republic of India, Premier of the State Council Li Qiang will attend the 18th G20 Summit to be held in New Delhi, In...
Markets rise as US jobs data ease rate pressure on Fed
Sep 04, 2023 (AFP)
Confidence has been buoyed recently by a string of reports pointing to a softening of the labour market and signs the economy is slowing, indicating the US cent...
IMF chief hails 'productive' talks as China visit ends
Sep 04, 2023 (AFP)
The IMF warned in July that the overall global economic recovery from the pandemic was slowing, despite slightly upgrading its outlook for world growth this yea...
Myanmar crisis, South China Sea to headline ASEAN summit
Sep 04, 2023 (AFP)
The Association of Southeast Asian Nations (ASEAN) summit will be followed by talks with Beijing, Washington and other powers where US Vice President Kamala Har...
US trade chief: Talking to China is no 'sign of weakness'
Sep 03, 2023 (AFP)
"It's in the US interest. It's in China's interest. Indeed, it's in the world's interest for the US and China to have a stable and significant commercial relati...
Italy says China trade deal not meeting expectations
Sep 02, 2023 (AFP)
In 2019, the highly indebted economy became the only nation from the G7 club of industrialised countries to take part in China's Belt and Road Initiative. Chine...
Australia sending delegation to China to 'stabilise' ties
Sep 02, 2023 (AFP)
Trade, investment, people-to-people links as well as regional and international security are among the issues up for discussion in next Thursday's talks, Foreig...
Country Garden wins vote on debt to avoid default: Bloomberg
Sep 02, 2023 (AFP)
Bondholders voted this week on whether to extend repayment terms on a key note worth 3.9 billion yuan ($535 million) into 2026. Had they voted against, the comp...
Markets largely rise as traders prepare for US jobs data
Sep 01, 2023 (AFP)
The labour report comes at the end of a week that has seen traders cheered by figures indicating the world's top economy is showing signs of softening, easing p...
In Argentina, voters toy with ditching pesos for dollars
Sep 01, 2023 (AFP)
The US dollar has long been a refuge for Argentines from pesos which lose value faster than they can spend them. Citizens bypass strict currency controls to buy...
China's Xi to skip G20 summit, EU official says
Aug 31, 2023 (AFP)
"My last information... was that Xi didn't intend to travel, it would be the prime minister," the official told reporters in Brussels ahead of the September 9-1...
Chinese developer Country Garden faces crunch vote on debt repayment
Aug 31, 2023 (AFP)
One of China's biggest builders, the firm has racked up debts of more than $150 billion and this week reported a record 48.9 billion yuan ($6.7 billion) loss fo...
China factory activity contracts for fifth straight month in August
Aug 31, 2023 (AFP)
The reading is the latest to indicate the nation's post-Covid recovery is running off the tracks owing to a decline in overseas demand as well as a drop-off in ...
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