TRADE WARS - RADAR DAILY

Swiss to file criminal complaint against China's HNA

Sep 25, 2019 (AFP)

FINMA in a statement said it had conducted a probe into the stake HNA controlled in Dufry from 2017 to January 2019, which cumulatively reached 21 percent. HNA ...

China to step up support as economy slows further: ADB

Sep 25, 2019 (AFP)

The bank is now forecasting 6.2 percent growth in 2019 and 6.0 percent in 2020, a downgrade on its April predictions. "Domestic consumption will be the main dri...

Global postal agency warns of 'total disruption' if US pulls out

Sep 24, 2019 (AFP)

President Donald Trump's administration announced last October that it planned to withdraw from the Universal Postal Union (UPU) in a year unless it underwent d...

Fall of Thomas Cook creates 'tsunami' of losses for tourist resorts

Sep 24, 2019 (AFP)

Beyond the urgent need to repatriate hundreds of thousands of tourists, industry professionals were agonising over the huge sum in unpaid bills. The British pac...

China says in 'no rush' for economic stimulus

Sep 24, 2019 (AFP)

A lingering trade war with the United States and cooling growth has raised expectations that Beijing may resort to an a round of stimulus measures to provide a ...

Thomas Cook clients struggle with flight, hotel woes in Spain

Sep 23, 2019 (AFP)

At the same time many tourists arriving on Spain's resort island of Majorca for the start of their holidays found the hotel reservations they made through the c...

Iraq to join China's Belt and Road project

Sep 23, 2019 (AFP)

Adel Abdel Mahdi made the announcement in a meeting with Chinese President Xi Jinping during a state visit. "Iraq has gone through war and civil strife and is g...

Sun-seekers feel the strain of Thomas Cook crisis

Sep 22, 2019 (AFP)

Some 600,000 holidaymakers are currently abroad on trips organised by Thomas Cook, including 150,000 British tourists. The mass travel pioneer is mainly active ...

Trump, backed by Australia's Morrison, talks tough on China

Sep 21, 2019 (AFP)

"I'm not looking for a partial deal. I'm looking for a complete deal," Trump told reporters during a joint news conference with Morrison at the White House. Tru...

Companies on 'strike' for the climate: action or advertising?

Sep 20, 2019 (AFP)

While the movement may not be massive, it is global: around the world companies have gone public and associated themselves with the global climate protests on S...

Trump lifts tariffs on hundreds of Chinese goods

Sep 20, 2019 (AFP)

The decision helped buoy stock markets looking for light at the end of the tunnel as the trade war drags into its second year. With high-level talks due to rest...

Germany commits 100 bn euros for climate as protests heat up

Sep 20, 2019 (AFP)

Merkel's coalition government, after marathon overnight talks, sealed a deal to tackle emissions in the energy and industrial sectors, boost zero tailpipe emiss...

US FedEx pilot arrested by Chinese authorities

Sep 19, 2019 (AFP)

Todd Hohn, a former US Air Force pilot, was arrested by Chinese authorities a week ago as he waited for a commercial flight in the company's Asia hub of Guangzh...

US wants to make 'meaningful progress' in China trade talks

Sep 13, 2019 (AFP)

Mnuchin said on CNBC he is "cautiously optimistic" about chances for a deal to resolve the conflict, while President Donald Trump hinted at a watering down of h...

London Stock Exchange rejects 32bn Hong Kong takeover bid

Sep 13, 2019 (AFP)

In a statement, LSEG said management "unanimously rejects the conditional proposal" from Hong Kong Stock Exchange (HKEX) and "given its fundamental flaws, sees ...

Trump offers delay in tariff hike, responding to Chinese gesture

Sep 12, 2019 (AFP)

Speaking weeks ahead of the resumption of talks aimed at resolving a grinding trade war, Trump said the tariff delay was requested by Beijing. Top negotiators e...

US firms expect leaner times in China as trade war grinds on

Sep 11, 2019 (AFP)

The American Chamber of Commerce in Shanghai's annual China Business Report also found that 75 percent of US firms opposed the US use of punitive tariffs to for...

Hong Kong Stock Exchange unveils shock 32bn bid for London rival

Sep 11, 2019 (AFP)

The blockbuster proposal including debt, worth $40 billion or 36 billion euros, is dependent on the London Stock Exchange Group (LSEG) scrapping a proposed $27-...

China scraps foreign invesment cap in stocks, bonds

Sep 10, 2019 (AFP)

Foreign individuals are barred from investing directly in China's markets, but the country allows certain institutions to buy shares under the so-called Qualifi...

US trade ban 'hurts America more than Huawei': exec

Sep 10, 2019 (AFP)

"America needs Huawei more than Huawei needs America," Andy Purdy, head of security at Huawei's US branch, told reporters at a telecommunications industry confe...