TRADE WARS - RADAR DAILY

China retail sales surge in October but economy remains sluggish

Nov 15, 2023 (AFP)

The country slipped back into deflation last month, while exports continued to fall, highlighting the challenge for officials grappling with weak domestic consu...

German court blows 60-bn-euro hole in budget with debt ruling

Nov 15, 2023 (AFP)

The Federal Constitutional Court had been examining accusations from the main opposition CDU party that Chancellor Olaf Scholz's three-party coalition had acted...

Biden, Xi pledge to reduce tensions at summit

Nov 15, 2023 (AFP)

A smiling Biden greeted Xi after the Chinese leader stepped out of a black limousine at the scenic Filoli country estate in the California foothills near San Fr...

Biden says China has 'real problems' ahead of key US summit with Xi

Nov 15, 2023 (AFP)

The leaders of the world's two largest economies will huddle on the sidelines of the APEC summit in California for their first encounter in a year as trade tens...

Ahead of Xi talks, Biden says US 'not trying to decouple from China'

Nov 14, 2023 (AFP)

The two leaders will meet on the sidelines of the APEC summit in California for their first encounter in a year as trade tensions, sanctions and the question of...

Asian markets cautiously higher as US inflation looms

Nov 14, 2023 (AFP)

Wall Street's three main bourses provided a tepid lead as traders in New York bided their time ahead of the closely watched consumer price index report as well ...

China says Xi, Biden to talk 'global peace and development' at summit

Nov 13, 2023 (AFP)

"The two heads of state will have in-depth communication on strategic, general and directional issues concerning China-US relations, as well as major issues con...

Myanmar fighting blocks key trade routes with China

Nov 11, 2023 (AFP)

Fighting has raged across northern Shan state for two weeks, displacing almost 50,000 people, according to the United Nations, and posing the most serious milit...

US Treasury says working on 'healthy' relations with China

Nov 11, 2023 (AFP)

But, she said, the United States would not shy away from taking unilateral action against Chinese firms supplying defense equipment to Russia for its invasion o...

Equities in retreat as Powell warns rate hikes still on table

Nov 10, 2023 (AFP)

His comments brought down the curtain on a rally across equities sparked last week when officials hinted that their long-running tightening cycle may be at an e...

Blinken in India for talks on China, Israel

Nov 10, 2023 (AFP)

Blinken and US Secretary of Defense Lloyd Austin joined foreign minister Subrahmanyam Jaishankar and defence minister Rajnath Singh for annual "two-plus-two" ta...

China slipped back into deflation in October: data

Nov 09, 2023 (AFP)

The figures come after figures earlier in the week showed a forecast-busting bounce in imports that had lifted hopes the country's vast army of consumers were b...

Most Asian markets see fresh gains as traders await Fed guidance

Nov 09, 2023 (AFP)

Last week's hint by the US central bank at an end to its interest rate-hiking cycle, followed by data showing a softer labour market, has provided traders with ...

US lends $553 million for deep-sea terminal in Sri Lanka

Nov 08, 2023 (AFP)

Sri Lanka sits astride the world's busiest shipping route, which links the Middle East and East Asia, giving its maritime assets strategic importance. The new C...

Asian markets drift as traders weigh outlook for rates

Nov 08, 2023 (AFP)

While Wall Street enjoyed another advance, there were few catalysts to drive business, and with geopolitical tensions relatively subdued, US monetary policy is ...

Markets drift as traders weigh outlook for rates

Nov 08, 2023 (AFP)

While Wall Street enjoyed another advance, there were few catalysts to drive business and, with geopolitical tensions relatively subdued, US monetary policy is ...

IMF raises China 2023 growth forecast to 5.4%

Nov 07, 2023 (AFP)

After a tough year for the world's number-two economy, there have been flickers of life in recent weeks, with third-quarter expansion coming in more than expect...

Asian markets take a breather after Fed rate pause rally

Nov 07, 2023 (AFP)

Investors were unable to maintain the momentum seen after US officials hinted that the era of rising borrowing costs was over, while a jump in Treasury yields M...

China's exports extend slump in October: data

Nov 07, 2023 (AFP)

Beijing has sought to boost business activity in a country grappling with a major property crisis and weaker consumption since officials abolished their strict ...

China owed more than $1 trillion in Belt and Road debt: report

Nov 07, 2023 (AFP)

Beijing says upwards of 150 countries stretching from Uruguay to Sri Lanka have signed up to the BRI, a vast global infrastructure push unveiled by President Xi...