TRADE WARS - NANO DAILY

Blinken in Japan after rift on steel deal

Jan 07, 2025 (AFP)

Business groups say Biden's decision could have a chilling effect on investment in the world's largest economy, where leaders across the political divide have c...

Asian markets mostly up after tech-fuelled Wall St rally

Jan 07, 2025 (AFP)

Eyes were also on the release of closely watched US jobs data at the end of the week after the Federal Reserve scaled back its interest rate cut expectations an...

Sri Lanka president to visit China ahead of budget

Jan 07, 2025 (AFP)

The visit comes a month ahead of President Anura Kumara Dissanayake's first budget, which is expected to outline his plans to sustain the country's painful reco...

China's central bank vows 'moderately loose' monetary policy

Jan 05, 2025 (AFP)

Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt. Officials have...

Asian shares rise, defying slow Wall Street start to 2025

Jan 03, 2025 (AFP)

Hong Kong, Sydney and Taipei climbed, while Seoul surged nearly two percent higher despite deepening political uncertainty in Asia's fourth-largest economy. Sou...

China says 'determined' to open up to world in 2025

Jan 03, 2025 (AFP)

The world's second-largest economy has struggled to revive growth following the Covid-19 pandemic and remains beset by a debt crisis in the crucial housing sect...

Asian stocks begin year on cautious note

Jan 02, 2025 (AFP)

Equities mostly had a bumper 2024 on the back of enthusiasm about artificial intelligence (AI), cuts in borrowing costs by central banks, and Donald Trump's pre...

Asia stocks begin year on cautious note

Jan 02, 2025 (AFP)

Equities mostly had a bumper 2024 on the back of enthusiasm about artificial intelligence (AI), cuts in borrowing costs by central banks and Donald Trump's pres...

Xi says China must apply 'more proactive' macroeconomic policies in 2025

Dec 31, 2024 (AFP)

The country has struggled this year to climb out of a slump fuelled by a property market crisis, weak consumption and soaring government debt. Beijing has unvei...

BBC celebrates 100 years of 'poetic' shipping forecast

Dec 31, 2024 (AFP)

The Shipping Forecast, providing predictions by the Met Office on expected wind speeds, sea state, weather and visibility, began as a vital service to sailors a...

Asian stocks dip as Santa snubs Wall Street

Dec 31, 2024 (AFP)

The three main US indices all slumped around one percent on Monday, adding to Friday's losses, with Tesla down 3.3 percent and Facebook owner Meta off 1.4 perce...

China manufacturing activity grows for third straight month

Dec 31, 2024 (AFP)

The country has struggled to climb out of a slump fuelled by a property market crisis, weak consumption and soaring government debt. China's Purchasing Managers...

UK study warns of perils in AI-driven 'intention economy'

Dec 30, 2024 (AFP)

The research argues the potentially "lucrative yet troubling" marketplace emerging for "digital signals of intent" could, in the near future, influence everythi...

Trump sides with Musk in right-wing row over worker visas

Dec 29, 2024 (AFP)

"I've always liked the (H1-B) visas, I have always been in favor of the visas, that's why we have them" at Trump-owned facilities, the president-elect told the ...

Japan govt approves record budget for ageing population, defence

Dec 27, 2024 (AFP)

The 115.5 trillion yen ($730 billion) budget for the year from April 2025, greenlighted by the Cabinet, includes 8.7 trillion yen in defence spending. It also i...

Asian markets mostly rise but political turmoil holds Seoul back

Dec 27, 2024 (AFP)

Japan's Nikkei index closed up 1.8 percent, with the yen's recent weakness proving a boon for major exporters. The yen hit 158.08 per US dollar on Thursday even...

China FM plans to visit Japan next year: Tokyo

Dec 25, 2024 (AFP)

The ministers agreed to realise "foreign minister Wang's visit to Japan at the earliest and and most appropriate timing next year", a Japanese foreign ministry ...

Chinese workers saved from 'slave-like conditions' in Brazil

Dec 24, 2024 (AFP)

BYD's Brazilian subsidiary said in a statement late Monday it has "broken with immediate effect" its contract with the company responsible for the work on the s...

Asian stocks mostly up after US tech rally

Dec 24, 2024 (AFP)

Overnight, European stocks bounced around while US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally ...

China says to raise deficit, boost spending next year: state media

Dec 24, 2024 (AFP)

The world's second-largest economy has for years battled sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt. ...