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Markets mixed as geopolitics, trade wars deplete sentiment
Hong Kong (AFP) Mar 19, 2025 Equity markets were mixed and gold hit another record high on Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore. The tepid start to the day followed tech-led losses on Wall Street, while an agreement between US President Donald Trump and Vladimir Putin that Russia would stop targeting Ukrainian energy was met with a shrug. The yen gave up initial gains against the dollar after the Bank of Japan kept interest rates on hold, warning about the outlook amid ... read more |
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Latvia slaps traffic restrictions on Russia, Belarus bordersRiga (AFP) Mar 18, 2025 Latvia will restrict traffic at its border checkpoints with Russia and Belarus, allowing only motor vehicles to enter, the government said Tuesday citing a Russia-inspired influx of people at the border. ... more 
Hong Kong property tycoon Lee Shau-kee dies aged 97Hong Kong (AFP) Mar 17, 2025 Hong Kong's second-richest man Lee Shau-kee has died aged 97, the property tycoon's firm Henderson Land Development announced Monday. ... more 
Markets track Wall St gains as tech inspires Hong KongHong Kong (AFP) Mar 18, 2025 Asian and European equity markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession fears, while Chinese tech firms helped propel another surge in Hong Kong. ... more 
Hong Kong leader says concerns over Panama ports deal warrant 'attention'Hong Kong (AFP) Mar 18, 2025 Hong Kong leader John Lee on Tuesday said criticism of city conglomerate CK Hutchison's sale of its Panama Canal ports deserved "serious attention", after Beijing authorities repeatedly slammed the deal. ... more |
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Most Asian markets rise on hopes for bill to avert US shutdownHong Kong (AFP) Mar 14, 2025 Asian investors fought Friday to grind out gains at the end of a painful week for markets as they welcomed signs that US lawmakers will avert a government shutdown, but remained fearful over Donald Trump's trade war. ... more
Panama 'firm' on canal as US reportedly weighs optionsPanama City (AFP) Mar 14, 2025 Panama's government said Thursday it would remain "firm" in defending its sovereignty and the Panama Canal, after a report suggesting that US President Donald Trump is considering options aimed at "reclaiming" the strategic waterway. ... more 
Stocks hit as trade worries overshadow upbeat US inflationHong Kong (AFP) Mar 13, 2025 Most stock markets fell on Thursday as ongoing concerns about the global impact of President Donald Trump's trade war overshadowed positive US inflation data. ... more 
China calls for 'dialogue' to resolve US trade tensionsBeijing (AFP) Mar 13, 2025 China on Thursday called for "dialogue" with Washington to resolve spiralling trade tensions that have seen the world's two largest economies impose a slew of tariffs on each other's imports. ... more 
China, EU vow countermeasures against sweeping US steel tariffsBeijing (AFP) Mar 12, 2025 China and the EU vowed Wednesday to strike back and defend their economic interests against sweeping new US steel and aluminium tariffs, moving Washington closer to an all-out trade war with two major partners. ... more |
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China holds talks with Walmart on impact of US tariffs: local reports
Beijing (AFP) Mar 12, 2025 Chinese authorities have held discussions with Walmart after the US retail giant demanded local suppliers cut their prices, reports said Wednesday, as the wide-ranging impacts of President Donald Trump's tariff hikes begin to sink in. "A source revealed to us that on March 11, the Ministry of Commerce and other relevant departments held talks with Walmart," Yuyuan Tantian, a social media account under state broadcaster CCTV, reported. "The reason for the talks was Walmart's demand for significan ... read more 
China wraps up key political meet with call for 'unrelenting struggle'Beijing (AFP) Mar 11, 2025 China on Tuesday concluded one of its biggest political events of the year with a call to "struggle unrelentingly" for the country's rise after a conclave dominated by a deepening confrontation with the United States, its largest trading partner. ... more |
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Asian markets track Wall St selloff as Trump-fuelled economy fears buildHong Kong (AFP) Mar 11, 2025 Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts. ... more 
China-US trade war heats up with Beijing's tariffs to take effectBeijing (AFP) Mar 9, 2025 Trade tensions between the world's two leading economies are set to escalate on Monday, as Beijing begins levying tariffs on certain US agricultural goods in retaliation for President Donald Trump's latest hike on Chinese imports. ... more 
China consumption slump deepens as February prices dropBeijing (AFP) Mar 9, 2025 Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kickstart spending and trade headwinds intensifying as US tariffs kick in under Donald Trump. ... more
Chinese shoppers shrug off tariffs on US pantry staplesBeijing (AFP) Mar 10, 2025 Chinese tariffs on a range of US fruit, vegetables and other pantry staples took effect on Monday but locals at a lively Beijing market largely shrugged off the escalating trade war. ... more 
Global art market slumps as Chinese auction sales plummet: dataParis (AFP) Mar 10, 2025 The value of art sold at auctions globally fell by a third last year compared to 2023, with the Chinese market crashing by 63 percent, auction data published on Monday showed. ... more |
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