TRADE WARS

News About World Trade

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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 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...
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...
China's top diplomat to visit Germany, France, Spain in coming days
Feb 15, 2024 (AFP)
"From February 16 to 21... Minister of Foreign Affairs Wang Yi will attend the 60th Munich Security Conference where he will deliver a speech," a spokesperson s...
Most of Asia tracks Wall St down as US data dents rate cut hopes
Feb 14, 2024 (AFP)
The dimming prospects of a dovish turn by the Federal Reserve also sent the dollar surging against the yen, forcing Japanese officials to warn they would interv...
Asia tracks Wall St retreat as US inflation dents rate cut hopes
Feb 13, 2024 (AFP)
Asian markets rise as traders return, eyes on US data
Feb 13, 2024 (AFP)
Traders are hoping the consumer price index reading shows a continued downward trend, which would give the Federal Reserve room to lower interest rates. However...
Asian markets mixed as traders return, eyes on US data
Feb 13, 2024 (AFP)
Traders are hoping the consumer price index reading shows a continued downward trend, which would give the Federal Reserve room to lower interest rates. However...
'Everyone jumping, everyone happy': Rio celebrates carnival
Feb 12, 2024 (AFP)
With whimsical floats, thundering drum sections and legions of performers in fanciful, flesh-flaunting costumes, 12 samba schools are competing for the coveted ...
Holiday-hit Asian markets mixed, Wall St record fails to inspire
Feb 09, 2024 (AFP)
US equities have continued their march higher this week as strong earnings from big-name firms and data showing resilience in the world's number one economy hel...
US banking system 'well-capitalized' despite risks: Yellen
Feb 08, 2024 (AFP)
Yellen made the comments to a congressional hearing where she added that regulators are monitoring risks from nonbank mortgage lenders and authorities plan to t...
L'Oreal sales rose in 2023, overcoming weak China market
Feb 08, 2024 (AFP)
Net profit for the year hit 6.2 billion euros ($6.8 billion) while sales grew 7.6 percent to 41.2 billion euros, it said in a statement. "In a challenging envir...
EU waters down law on app gig workers' conditions
Feb 08, 2024 (AFP)
The European Union wants to approve the world's first law covering the gig economy in a bid to give clarity to the status of millions of workers. The draft text...
Most markets rise after Wall St record, Shanghai extends rally
Feb 08, 2024 (AFP)
Fresh comments from US monetary policymakers pushing back against reducing borrowing costs too early were unable to overshadow a string of forecast-beating repo...
Chinese consumer prices suffer quickest drop in 14 years
Feb 08, 2024 (AFP)
Officials have struggled for months to kickstart economic growth as they battle a range of headwinds, including a prolonged property-sector crisis, soaring yout...
Asian markets track Wall St higher as Shanghai extends rally
Feb 07, 2024 (AFP)
Fresh comments from Federal Reserve officials that poured cold water on hopes for an early interest rate cut appeared to have little impact with investors resig...
China removes top financial regulator chief: state media
Feb 07, 2024 (AFP)
Beijing has become increasingly worried about the sell-off on markets in Shanghai and Hong Kong, which has wiped trillions off valuations, and has unveiled a st...
US raises overcapacity concerns in economic talks with China
Feb 06, 2024 (AFP)
The talks come amid concerns about China's growth, as the world's second biggest economy struggles with a property sector crisis and prospects of sagging produc...
Markets mixed after Wall St losses, Shanghai and Hong Kong rally
Feb 06, 2024 (AFP)
Investors were still coming to terms with the prospect of US interest rates being kept at two-decade highs following a forecast-busting jobs report last week an...
The highs and lows of recent China-Australia relations
Feb 06, 2024 (AFP)
Here is a look at bilateral ties over recent years: - Australia bans Huawei - Beijing has said Canberra fired "the first shot" in the deterioration of relations...
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