TRADE WARS - INDO DAILY

Hong Kong unveils $22 bn budget for virus plagued economy

Feb 23, 2022 (AFP)

While rival finance centres emerging from pandemic isolation and reopening to the world, Hong Kong has found itself overwhelmed by the highly infectious Omicron...

Most Asian markets rise after Russia sanctions but nerves on edge

Feb 23, 2022 (AFP)

However, trading floors remain on edge after Russian President Vladimir Putin ordered his forces into Ukraine to secure the self-declared Donetsk and Lugansk re...

Markets rise, oil flat after Russia sanctions but traders on edge

Feb 23, 2022 (AFP)

However, trading floors remain on edge after Russian President Vladimir Putin ordered his forces into Ukraine to secure the self-declared Donetsk and Lugansk re...

HSBC announces $1 bn share buyback as 2021 profits double

Feb 22, 2022 (AFP)

The lender endured a tumultuous 2020 like the rest of the banking sector as the virus outbreak rocked the economy just as it embarked on a restructuring program...

Equities tumble, oil rallies on red-hot Ukraine tensions

Feb 22, 2022 (AFP)

Investors were sent running after Putin recognised the independence of two rebel-held areas of Donetsk and Lugansk and sent in "peacekeeping" forces. The move c...

HSBC announces $1 bn share buyback as annual profits double

Feb 22, 2022 (AFP)

The lender endured a tumultuous 2020 like the rest of the banking sector as the virus outbreak rocked the economy just as it embarked on a restructuring program...

Norway to back EU sanctions on Russia

Feb 22, 2022 (AFP)

"The situation in Ukraine... is at a dramatic level," Prime Minister Jonas Gahr Store told journalists in Oslo. "Yesterday was a turning point," he said, in ref...

EU agrees sanctions that will 'hurt' Russia

Feb 22, 2022 (AFP)

The 27 members of the EU unanimously agreed the measures at an informal meeting in Paris on the sidelines of an international forum, EU foreign policy chief Jos...

Asian markets mixed, oil drops on Biden-Putin hope

Feb 21, 2022 (AFP)

Warnings from US officials that Russia could invade its neighbour imminently have sent markets spiralling in the past week and sent crude surging towards $100 a...

Asian markets drop as Ukraine fears return, oil extends losses

Feb 18, 2022 (AFP)

While tensions in Eastern Europe continue to absorb most of the attention, oil extended losses as traders grow increasingly optimistic of a deal on Iran's nucle...

EU challenges China at WTO over patents as feud deepens

Feb 18, 2022 (AFP)

EU-China ties have become increasingly fractious and the latest salvo comes just weeks after Brussels opened a separate case at the WTO over accusations that Be...

Chinese tech giant Tencent opposes US fake goods label

Feb 18, 2022 (AFP)

WeChat and e-commerce site AliExpress were among those put on the list by the US Trade Representative (USTR) on Thursday spotlighting markets Washington says "e...

Markets edge higher as traders key eye on Ukraine, Fed

Feb 17, 2022 (AFP)

Meanwhile, oil prices slipped on further signs of a breakthrough in Iran nuclear talks. Global equities were sent plunging and crude surged after a top US offic...

US cites China's AliExpress, WeChat for selling counterfeit goods

Feb 17, 2022 (AFP)

The list, released by the US Trade Representative (USTR) on Thursday, shines a light on markets Washington says "engage in, facilitate, turn a blind eye to, or ...

'No basis': Beijing dismisses US's WTO criticism

Feb 17, 2022 (AFP)

The commerce ministry's retort came a day after Washington said China, 20 years after its accession, had not adopted the rules of the WTO, retaining and expandi...

Most Asian markets up as traders eye Ukraine, Fed eases rate fears

Feb 17, 2022 (AFP)

Meanwhile, oil prices tumbled more than two percent on further signs of a breakthrough in Iran nuclear talks. Global equities were sent plunging and crude surge...

China needs to be 'more active' in G20 debt relief effort: Yellen

Feb 17, 2022 (AFP)

In an interview with AFP, Yellen acknowledged the Group of 20's initiative to help debtor nations "has not been going very rapidly," and the United States "woul...

Union vote at New York Amazon facility set for late March

Feb 16, 2022 (AFP)

Employees at the JFK8 Amazon Fulfillment Center in Staten Island will vote in person from March 25-30, Christian Smalls, president of Amazon Labor Union said on...

China has expanded statist economic policies over 20 years in WTO: US

Feb 16, 2022 (AFP)

"China also has a long history of violating, disregarding and circumventing WTO rules to achieve its industrial policy objectives," said an annual report to Con...

China inflation slows as govt vows to keep prices under control

Feb 16, 2022 (AFP)

The producer price index (PPI), which measures the cost of goods at the factory gate, rose 9.1 percent on-year, according to the National Bureau of Statistics, ...