TRADE WARS - INDO DAILY

Swiss urged to use succession to boost women, environment at central bank

Mar 14, 2024 (AFP)

After leading the SNB for a dozen years -- during which he confronted numerous challenges including the Covid-19 pandemic and the rescue of Credit Suisse -- Jor...

China's FM heads to Australia, wine tariffs in view

Mar 14, 2024 (AFP)

Wang's visit to Australia, his first as foreign minister since 2017, comes as the two countries enjoy easier trade relations despite sparring over human rights ...

Asian markets mixed as traders eye US data, looming Fed meeting

Mar 14, 2024 (AFP)

While a hot consumer price index reading earlier this week did not rock optimism that interest rates will come down this year, analysts warned that could be tes...

China's FM heads to Australia, New Zealand

Mar 14, 2024 (AFP)

Wang's visit to Australia, his first as foreign minister since 2017, comes as the two countries have begun to resolve simmering trade disputes, despite recent s...

Markets mixed as traders struggle to keep up with Wall St rally

Mar 13, 2024 (AFP)

While February's consumer price index reading was not ideal -- having come in above estimates in January -- analysts said it showed price rises were levelling o...

Most markets track Wall St gains as US data fails to damp rate hopes

Mar 13, 2024 (AFP)

While February's consumer price index reading was not ideal -- having come in above estimates in January -- analysts said it showed price rises were levelling o...

China investigates another top banker for corruption

Mar 13, 2024 (AFP)

Li Jiping, the onetime vice-chief of the state-owned China Development Bank (CDB), is "suspected of serious violations of discipline and law", state broadcaster...

Moody's downgrades major Chinese property developer Vanke

Mar 12, 2024 (AFP)

China's real estate market is grappling with unprecedented challenges, with some developers on the verge of bankruptcy and lower property prices deterring consu...

China must do more to lift employment, stabilise housing market: officials

Mar 09, 2024 (AFP)

Beijing is grappling with a prolonged property sector crisis, record youth unemployment and a global slowdown hammering demand for Chinese goods. Youth unemploy...

China consumer prices rise in February for first time in six months

Mar 09, 2024 (AFP)

The world's second-largest economy posted some of its lowest growth in decades last year and is battling a prolonged property sector crisis and soaring youth un...

Houthis escalate Red Sea attacks; target Singapore-flagged commercial vessel

Mar 09, 2024 (UPI)

The Houthis fired "several suitable naval missiles" against the M/V Propel Fortune as well as launching 37 drones targeting several U.S. Navy destroyers in a se...

Biden pushes higher corporate tax, touts strong economy in key speech

Mar 08, 2024 (AFP)

The 81-year-old outlined his agenda in the annual speech, in an effort to speak to voters' worries while taking credit for the recovery of the world's biggest e...

Asian markets join rally after Wall St, European records

Mar 08, 2024 (AFP)

Expectations for a first reduction in June have ramped up after Federal Reserve boss Jerome Powell this week told lawmakers that while the battle against inflat...

Fears grow for Hong Kong's finance hub status under proposed security law

Mar 08, 2024 (AFP)

The draft bill, introduced at the city's legislature on Friday, includes major offences such as treason and insurrection, which could be punished with life impr...

Markets struggle ahead of key US jobs data

Mar 07, 2024 (AFP)

Focus is also on the release of key US jobs data due Friday, following a positive set of figures showing the labour market remained healthy but appeared to be s...

U.S. sanctions Houthi revenue source as militants claim first deaths in Red Sea attacks

Mar 07, 2024 (UPI)

The Treasury has been targeting the Houthis with sanctions since Nov. 17 when the Iran-backed militia began attacking commercial as well as U.S. and British mil...

Bulk carrier hit by missile from Yemen, crew says three killed

Mar 07, 2024 (AFP)

The Iran-backed Huthis have been targeting merchant vessels transiting the vital Red Sea trade route for months but Wednesday's deaths were the first reported f...

Asian markets swing ahead of key US jobs data

Mar 07, 2024 (AFP)

Focus is also on the release of key US jobs data due Friday, following a positive set of figures showing the labour market remained healthy but appeared to be s...

China trade surges in first two months of 2024

Mar 07, 2024 (AFP)

Overseas shipments have long served as a key driver of the country's economic growth, providing vast amounts of jobs for the manufacturing sector. In January an...

Two Philippine crew among dead in Huthi missile attack: govt

Mar 07, 2024 (AFP)

The Iran-backed Huthis have been targeting merchant vessels transiting the vital Red Sea trade route for months but Wednesday's deaths were the first reported f...