TRADE WARS - INDO DAILY

Most Asian markets build on rally but Omicron casts shadow

Dec 22, 2021 (AFP)

The year-and-a-half-long rally across markets has petered out in recent weeks on fears about the new Covid variant and government measures to contain it, which ...

Stock markets, oil rise after sell-off but virus casts shadow

Dec 21, 2021 (AFP)

Reports that moderate Democratic Senator Joe Manchin could still be willing to discuss US President Joe Biden's $1.75 trillion social spending bill -- having de...

Asian markets, oil rise after sell-off but virus casts shadow

Dec 21, 2021 (AFP)

Reports that moderate Democrat senator Joe Manchin could still be willing to discuss Joe Biden's $1.75 trillion social spending bill -- having delivered a blow ...

Asian markets drop on Omicron spike, Biden spending bill blow

Dec 20, 2021 (AFP)

With traders beginning to wind down ahead of the festive season, analysts said trade was thinner and markets more susceptible to swings, but the mood has become...

China's SenseTime relists Hong Kong IPO after US blacklisting

Dec 20, 2021 (AFP)

An initial listing earlier this month was pulled when the US Treasury announced new sanctions, saying SenseTime's facial recognition programmes were designed in...

Asian markets slip after rally as traders consider higher rates

Dec 17, 2021 (AFP)

With prices rising at their fastest pace in four decades, the Fed this week set itself on a much more hawkish path to get them under control by pledging to end ...

Hong Kong to allow listing of SPACs next month

Dec 17, 2021 (AFP)

SPACs, which are sometimes called "blank cheque" companies, raise funds through an initial public offering to acquire an existing entity. They have been a popul...

EU threatens Russia sanctions as NATO backs Ukraine

Dec 17, 2021 (AFP)

European Union leaders, meeting in Brussels, insisted on "the urgent need for Russia to de-escalate tensions caused by the military build-up along its border wi...

Asian markets mostly up as traders cheer Fed tilt to fight inflation

Dec 16, 2021 (AFP)

While the much-anticipated decision spells an end to the age of ultra-loose monetary policy, investors cheered the fact the US central bank had outlined a plan ...

China property firm says 'has lost touch' with company it gave $300 million

Dec 16, 2021 (AFP)

China Fortune Land Development said in a filing to the Shanghai Stock Exchange that it had recently "lost contact" with China Create Capital after handing over ...

Beijing condemns US sanctions on Chinese painkiller firms

Dec 16, 2021 (AFP)

As people dealing with addiction increasingly turn to cheaper pills bought online from abroad, President Joe Biden signed an executive order on Wednesday that m...

Asian, European traders welcome Fed tilt to fight inflation

Dec 16, 2021 (AFP)

While the much-anticipated decision spells an end to the age of ultra-loose monetary policy, investors cheered the fact the US central bank had outlined a plan ...

China's retail sales growth eases, factory output picks up

Dec 15, 2021 (AFP)

A rebound in the world's second-biggest economy has been losing steam, with indicators muted last month, after the country made a swift coronavirus recovery hel...

Most Asian markets retreat as Fed prepares faster taper

Dec 15, 2021 (AFP)

Pressure is mounting on central banks around the world to act in order to get a grip on runaway inflation, which has been sent soaring this year by a spike in e...

Chinese developer Shimao share plunge adds to property woes

Dec 14, 2021 (AFP)

Chinese property firms have struggled in the wake of Beijing's drive last year to curb excessive debt in the real estate sector as well as rampant consumer spec...

Asia markets down on Omicron, Fed tapering fears

Dec 14, 2021 (AFP)

As policymakers on both sides of the Atlantic contend with soaring prices, the US Federal Reserve is scheduled to announce its latest interest-rate decision on ...

China's Evergrande restructuring: What's the plan?

Dec 10, 2021 (AFP)

What would a restructuring mean for creditors, homeowners and investors? - Who gets priority? - The government is keen to limit any contagion hitting the financ...

Asia markets follow Wall Street with broad gains

Dec 09, 2021 (AFP)

In Hong Kong, the Hang Seng Index was up 1.05 percent, though Tokyo's Nikkei 225 was down 0.47 percent to end at 28,725.47. After a rollercoaster ride since Omi...

EU seeks to clarify status of delivery app workers

Dec 09, 2021 (AFP)

The proposal by the EU executive is an effort to sort out once and for all the employment status of millions of drivers and delivery people that the major platf...

China's debt-crippled Evergrande defaults; What happens next?

Dec 09, 2021 (AFP)

The Chinese government sparked a crisis within the property industry when it launched a drive last year to curb excessive debt among real estate firms as well a...