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Stock markets edge up but Trump tariff fears dampen mood
Hong Kong (AFP) April 1, 2025 Asian and European markets squeezed out gains Tuesday, clawing back some of their recent hefty losses, though sluggish sentiment and increased uncertainty saw gold hit another record high as Donald Trump prepares to unveil sweeping tariffs. Investors have been rushing to position themselves for the US president's "Liberation Day" on Wednesday, when he warned he will impose levies on "all countries" for what he has said is years of them ripping off Americans. Trump said Monday he would be "very k ... read more |
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China manufacturing activity grows at highest rate in a yearBeijing (AFP) Mar 31, 2025 China's manufacturing activity grew in March for the highest rate in a year, official data showed Monday, a rare bright spot as the world's second-largest economy struggles to climb out of a prolonged slump. ... more 
Japan's Nikkei leads big losses in Asian markets as gold hits recordHong Kong (AFP) Mar 31, 2025 Tokyo led another plunge across Asian markets Monday while gold hit a record high as investors steel themselves for a wave of US tariffs this week that has fuelled recession fears. ... more 
China, South Korea and Japan agree to strengthen free tradeSeoul (AFP) Mar 30, 2025 China, South Korea and Japan agreed Sunday to strengthen free trade in the face of a raft of new tariffs imposed by US President Donald Trump. ... more 
Italy PM urges 'reasoned' EU approach to Trump tariffsRome (AFP) Mar 29, 2025 Italian Prime Minister Giorgia Meloni called Saturday for a "reasoned" approach to an escalating tariff war between the EU and the United States, and repeated the importance of transatlantic unity. ... more |
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Seoul announces rare top trade meeting with Tokyo, Beijing Seoul (AFP) Mar 28, 2025 Top trade officials from South Korea, Japan and China will meet this weekend in Seoul to discuss economic cooperation, a South Korean government source said Friday. ... more
US, China raise the stakes in Panama Canal ports rowHong Kong (AFP) Mar 30, 2025 China's fury at the sale of Panama Canal ports to a US-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say. ... more 
China rebuffs Trump offer of tariff concessions if Beijing agrees TikTok dealBeijing (AFP) Mar 27, 2025 China rebuffed on Thursday a suggestion from US President Donald Trump that he might offer to reduce tariffs on the country to get Beijing's approval for the sale of popular social media platform TikTok. ... more 
Bangladesh's Yunus heads to China for first state visitDhaka (AFP) Mar 26, 2025 Bangladeshi leader Muhammad Yunus flew to Beijing on Wednesday for his first state visit as frosty relations with neighbouring India spur his caretaker administration to court new friends. ... more 
Rising seas test defenses of South American portsSan Antonio, Chile (AFP) Mar 26, 2025 When waves come crashing over the sea wall in Chile's biggest port of San Antonio, dockers run for cover. ... more |
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Stocks mostly rise on trade optimism, but Trump uncertainty lingers
Hong Kong (AFP) Mar 26, 2025 Lingering hopes that Donald Trump's planned tariff blitz next week will not be as painful as feared lifted most Asian markets Wednesday, though uncertainty about the president's policies and the US economy tempered optimism. With the White House's "Liberation Day" on April 2 approaching, investors have been bracing for a wave of sweeping levies on imports amid warnings of crippled global trade, recession and a fresh spike in inflation. But suggestions from Trump and others in Washington that the ... read more 
China says Canada 'seriously damaging' interests in trade spatBeijing (AFP) Mar 25, 2025 China on Tuesday accused Canada of "seriously damaging" its interests, defending its tariffs against the country after Ottawa launched a dispute against Beijing at the World Trade Organization. ... more |
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China releases five detained staff from US due diligence firm: companyBeijing (AFP) Mar 25, 2025 China has released five local employees of an American due diligence firm detained more than two years ago during a crackdown on foreign consultancies with multinational links, the company said Tuesday. ... more 
Markets mixed as traders struggle to match Wall St rallyHong Kong (AFP) Mar 25, 2025 Equities diverged Tuesday, as investors struggled to extend Wall Street's rally despite easing fears over Donald Trump's planned tariffs, while traders were also looking ahead to the release of key US inflation data. ... more 
Brazil's Lula to build trade ties on Japan state visitTokyo (AFP) Mar 24, 2025 Brazil's president starts a four-day state visit to Japan on Monday, accompanied by a 100-strong business delegation as US tariffs push the countries to nurture trade ties elsewhere. ... more 
China says to pursue 'correct' path of globalisation as trade woes mountBeijing (AFP) Mar 23, 2025 China's number two leader told a gathering of business executives in Beijing on Sunday that the country would pursue economic globalisation despite "fragmentation", a thinly veiled reference to trade turmoil sparked by US President Donald Trump. ... more 
Pro-Trump US senator meets Chinese vice premierBeijing (AFP) Mar 22, 2025 US Senator Steve Daines on Saturday met China's Vice Premier He Lifeng, who "firmly" criticised Washington's economic policy while appealing for dialogue in talks with the staunch supporter of Republican President Donald Trump. ... more |
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