TRADE WARS - RUSSO DAILY

Strike at French maker Hennessy over measures in China spat

Nov 19, 2024 (AFP)

Some 500-600 staff in cognac's home Charente region in southwestern France were protesting at an experimental plan to export the drink in vats, rather than bott...

Woman-owned cafe in Indonesia's Sharia stronghold shakes stigma

Nov 18, 2024 (AFP)

The 28-year-old opened Morning Mama last year to create a space that caters to women in Banda Aceh, known as the city of 1,001 coffee shops. "I thought why not ...

China's Xi says to 'enhance' ties with Brazil as arrives for G20: state media

Nov 18, 2024 (AFP)

Xi is due to meet Brazilian President Luiz Inacio Lula da Silva on the visit, which will last until Thursday. State news agency Xinhua said he looked forward to...

Markets swing after Wall St losses as traders weigh US rates outlook

Nov 18, 2024 (AFP)

A warning from US central bank boss Jerome Powell that reductions in borrowing costs were not preset dented optimism last week, while traders were also keeping ...

Starmer hails importance of 'strong' UK-China ties in Xi meeting

Nov 18, 2024 (AFP)

In the first bilateral meeting between a British prime minister and the Chinese leader since February 2018, Starmer told Xi the UK wanted "consistent, durable, ...

Keir Starmer to meet Xi Jinping at G20 summit Monday: UK PM's office

Nov 18, 2024 (AFP)

Starmer will meet the Chinese president "for the first time" and "seek serious, stable and pragmatic engagement with China", Downing Street said in a statement....

G20 tests Brazil's clout in Lula 3.0 era

Nov 17, 2024 (AFP)

"Brazil is back!" Lula announced triumphantly two years ago after he unseated far-right incumbent Jair Bolsonaro, who had turned his country into a pariah, to s...

China's Xi urges APEC unity in face of 'protectionism'

Nov 16, 2024 (AFP)

Speaking to Asia-Pacific Economic Cooperation (APEC) leaders hours before he is due to hold talks with US counterpart Joe Biden, Xi pointed to "challenges such ...

Macron to press Milei on climate action, multilateralism in Argentina talks

Nov 16, 2024 (AFP)

Argentina's climate skeptic president, a fervent admirer of Donald Trump, caused fears for the future of the 2015 Paris accord on global warming this week after...

China says to scrap export tax rebate for aluminium, copper

Nov 15, 2024 (AFP)

"The export tax rebate for aluminium, copper, and chemically modified animal, vegetable, or microbial oils and fats will be cancelled," a ministry statement rea...

South Korea's LG to pump extra $1 bn into Vietnam plant

Nov 15, 2024 (AFP)

The announcement comes as Vietnam looks to boost its appeal as an investment destination for international companies. A ceremony for a licence to increase capit...

China retail sales pick up speed, beat forecasts in October

Nov 15, 2024 (AFP)

Officials have since late September unveiled a slew of measures including interest rate cuts and debt swaps intended to boost activity in the world's second-lar...

Asian markets fluctuate at end of tough week

Nov 15, 2024 (AFP)

The tepid performance followed a negative lead from Wall Street and came at the end of a painful week for equities fuelled by worries about another disruptive C...

Xi inaugurates South America's first Chinese-funded port in Peru

Nov 15, 2024 (AFP)

The $3.5-billion complex, about 50 miles (80 kilometers) north of Lima, is meant to serve as a hub for Chinese trade as the country is under threat of major tar...

Markets struggle at end of tough week

Nov 15, 2024 (AFP)

The uncertain performance came at the end of a painful week fuelled by worries about another disruptive China-US trade war. The dollar dipped against its peers ...

Asian markets mixed as traders weigh Fed; bitcoin above $90,000

Nov 14, 2024 (AFP)

Bitcoin sat just above the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it to soon top $100,000 fo...

Workers stage walkout at US maker of Fallout video game

Nov 14, 2024 (AFP)

"We are not afraid to do what's necessary to make sure that Microsoft meets us at the bargaining table over key issues like remote work options and outsourcing,...

Biden, Xi arrive in Peru ahead of face-to-face at Asia-Pacific summit

Nov 14, 2024 (AFP)

Saturday's face-to-face will likely be the last meeting between the sitting leaders of the world's largest economies before Biden hands the reins back to Trump,...

Beijing's fears after Trump fills key posts with China hawks

Nov 14, 2024 (AFP)

That is likely to leave Beijing watching warily, experts say, as the United States president-elect surrounds himself with a litany of hardliners who spit strong...

China announces tax policies to boost property market

Nov 13, 2024 (AFP)

Deed tax incentives for housing transactions would be "enhanced to actively support basic and improved housing needs", state broadcaster CCTV said, citing vario...