TRADE WARS - AFRICA DAILY

Windows, Gates and a firewall: Microsoft's delicate castle in China

Oct 15, 2021 (AFP)

The software giant has kept its business alive in China largely by complying with strict local laws, despite the communist nation's wide-reaching censorship. He...

Chile opposition accuses president after Pandora report

Oct 06, 2021 (AFP)

"All the opposition benches have agreed to initiate a constitutional indictment against President Sebastian Pinera," Jaime Naranjo, a deputy from the Socialist ...

Asian markets slip as inflation, default compound virus worries

Oct 06, 2021 (AFP)

The rally enjoyed across equities for more than a year has met a roadblock in recent months as supply chain problems and a surge in energy prices caused by a re...

Johnson vows 'long overdue' revamp of UK's post-Brexit economy

Oct 06, 2021 (AFP)

Shrugging off panic-buying at petrol stations, bare supermarket shelves and retailers' warnings of a bleak Christmas to come, the Tory leader says the short-ter...

EU leaders seek unity on how to face China and US

Oct 05, 2021 (AFP)

The gathering at Brdo Castle in Slovenia was their first meeting since June and saw them grapple with the fallout from the Taliban's takeover of Afghanistan and...

US seeks comments on China tariff exclusions amid new trade approach

Oct 05, 2021 (AFP)

US Trade Representative (USTR) Katherine Tai had the day prior announced Washington would seek "frank conversations" with China over its adherence to a 2020 agr...

Chinese developer Fantasia fails to make debt payments

Oct 05, 2021 (AFP)

Fears of contagion through the Chinese economy have grown as Evergrande, the most indebted of the country's private homebuilders, struggles with more than $300 ...

Asian markets follow Wall St down as oil surge fans inflation fears

Oct 05, 2021 (AFP)

Investors were nervously monitoring developments in the crisis surrounding troubled property giant China Evergrande, which has raised warnings about contagion i...

US to have 'frank conversations' with China on trade

Oct 04, 2021 (AFP)

"China made commitments intended to benefit certain American industries, including agriculture, that we must enforce," US Trade Representative Katherine Tai sai...

Timeline: The mysterious sinking of the Bugaled Breizh

Oct 04, 2021 (AFP)

- 2004: Shipwreck - On January 15, 2004, the French fishing vessel the Bugaled Breizh capsizes and sinks off Lizard Point, southwest England. The ship's entire ...

Evergrande halts share trading in Hong Kong pending announcement

Oct 04, 2021 (AFP)

The halt comes as reports said Hong Kong real estate firm Hopson Development Holdings planned to buy a 51 percent stake in Evergrande's property services arm. "...

IMF board meets with law firm behind data manipulation probe

Oct 04, 2021 (AFP)

In a brief statement released by IMF spokesman Gerry Rice, the board comprised of 24 directors and the managing director said it "met today with the representat...

Asian markets track Wall St plunge on debt, rates worry

Oct 01, 2021 (AFP)

While the fourth quarter is generally considered a strong period for traders, it has started in much the same fashion as the previous one ended, with uncertaint...

China factory activity shrinks for first time since February 2020

Sep 30, 2021 (AFP)

The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing activity in the world's second-largest economy -- slipped to 49.6 from 50.1 in August, the ...

Most markets track Wall St up but traders still on edge

Sep 30, 2021 (AFP)

The Dow and S&P 500 provided a positive lead, though the unconvincing end to the trading day on Wall Street indicated lingering uncertainty on trading floors. W...

China urges banks to avoid housing speculation to curb Evergrande risk

Sep 30, 2021 (AFP)

Saddled with more than $300 billion in liabilities that it is struggling to repay, the Chinese property developer's potential collapse poses systemic risks for ...

US, EU pledge joint action on tech issues, semiconductors, China

Sep 29, 2021 (AFP)

The inaugural meeting of the Trade and Technology Council (TTC) laid out a lengthy to-do list, but perhaps the most significant achievement was the symbolic res...

Elon Musk wants US regulators to let cryptocurrency 'fly'

Sep 29, 2021 (AFP)

The colorful serial entrepreneur, an outspoken digital money fan, shared his view at a Code Conference in Beverly Hills, as governments around the world fret ov...

Asian markets tumble on fears over inflation, Fed and default

Sep 29, 2021 (AFP)

Ongoing worries about the potential collapse of Chinese property giant Evergrande, an energy crunch in China and the ever-present spectre of the Delta Covid var...

China infrastructure drive traps poor nations with $385 bn 'hidden debt': study

Sep 29, 2021 (AFP)

Research from international development research lab AidData said that opaque deals with state banks and companies under President Xi Jinping's flagship investm...