TRADE WARS - SKY NIGHTLY

Asian markets edge back after rout, pound struggles

Sep 08, 2020 (AFP)

With New York closed for a public holiday, dealers took a positive lead from Europe and took the opportunity to pick up cheaper stocks. Despite continued uncert...

'Made in Hong Kong' brand suffers as US-China tensions deepen

Sep 07, 2020 (AFP)

Founded nearly a century ago, the family-owned factory has survived a world war, multiple economic crises and the slow withering of Hong Kong's manufacturing ba...

China exports beat forecasts in August, imports falter

Sep 07, 2020 (AFP)

Overseas shipments have been hit less than feared by the pandemic, thanks to global demand for medical supplies but economists cautioned that a resurgence in ne...

Indecision killing 'Chinese colony' Italy: Salvini

Sep 06, 2020 (AFP)

For the past year, "everything is blocked, they argue over everything," whether it be Alitalia's fate or pension reform, Salvini told The European House-Ambrose...

Asian stocks plunge with Wall St as tech surge halted

Sep 04, 2020 (AFP)

All three main indexes in New York suffered hefty selling but the tech-heavy Nasdaq led the way with global titans such as Apple, Microsoft, Amazon and Facebook...

France puts jobs at heart of economy rescue plan

Sep 03, 2020 (AFP)

Prime Minister Jean Castex promised 160,000 new jobs in 2021 as part of a recovery plan worth 100 billion euros ($120 billion), designed to help growth and empl...

China factory activity slows in August as flooding hits business

Aug 31, 2020 (AFP)

The closely watched Purchasing Managers' Index (PMI) is a key gauge of manufacturing activity in the world's second-largest economy, which has largely bounced b...

China stokes tensions with fresh probe into Australian wine

Aug 31, 2020 (AFP)

Tensions have been ramped up between the countries in recent months after Australian Prime Minister Scott Morrison joined US calls for an independent inquiry in...

Asian markets reverse morning rally, Buffett boosts Tokyo

Aug 31, 2020 (AFP)

Profit-taking kicked in after last week's Federal Reserve-induced surge. The US central bank's pledge of trillions of dollars in support to keep financial marke...

Chinese minister says EU investment deal is close

Aug 30, 2020 (AFP)

His remark came against a backdrop of persistent diplomatic tension between Beijing and the United States. Wang said Europe and China had a responsibility to wo...

Asian markets hurt by fresh tensions, eyes on Powell speech

Aug 27, 2020 (AFP)

Even a fourth successive record on Wall Street was not enough to stoke a rally, with a fresh flare-up in virus cases in the region keeping dealers grounded. The...

Macron to meet Chinese foreign minister in Paris as China cosies up to EU

Aug 26, 2020 (AFP)

The two will meet at the Elysee Palace as part of the "strategic dialogue" between France and China, the presidency said in a statement. Wang Yi, who will also ...

Australia eyes powers to reverse local deals with China, others

Aug 26, 2020 (AFP)

Prime Minister Scott Morrison wants to stop state and local administrations from entering or remaining in accords that are deemed counter to national foreign po...

Trade talks, virus treatment help markets post fresh gains

Aug 25, 2020 (AFP)

The gains followed yet another record day on Wall Street as coronavirus cases appear to be slowing in the United States, but also as Europe sees a worrying surg...

Merkel raises 'doubts' over EU-Mercosur trade pact

Aug 21, 2020 (AFP)

The pact between the European Union and the South American free trade bloc -- comprising Brazil, Argentina, Paraguay and Uruguay -- was agreed in principle last...

Hong Kong slams US decision to end tax, extradition deals

Aug 20, 2020 (AFP)

The United States formally notified the Asian financial hub on Wednesday that it had withdrawn from bilateral deals covering the surrender of fugitives, transfe...

US, China to hold call on trade in 'near future': official

Aug 20, 2020 (AFP)

The US and China signed the accord in January, bringing a partial truce in their lingering trade war, and obliging Beijing to import an additional $200 billion ...

Asian markets track US losses as Fed raises economy concerns

Aug 20, 2020 (AFP)

World equities have surged from a March bottom thanks to a wall of cash support from the Fed and other central banks, but with the multi-trillion-dollar fiscal ...

Stocks mixed as stimulus hope offset by China-US, virus worries

Aug 19, 2020 (AFP)

Some upbeat US data helped propel the S&P 500 to its first record since February while the Nasdaq pushed to an all-time high thanks to a surge in demand for tec...

China launches anti-dumping investigation into Australian wine

Aug 18, 2020 (AFP)

Relations between Beijing and Canberra have nosedived in recent months after Australian Prime Minister Scott Morrison joined US calls for an independent inquiry...