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Oil prices rise further as Israel-Iran extends into fourth day
Hong Kong (AFP) June 16, 2025 Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks, stoking fears of a lengthy conflict that could reignite inflation. Gold prices also rose back towards a record high thanks to a rush into safe havens, but equities were mixed amid hopes that the conflict does not spread through the Middle East. Investors were also gearing up for key central bank meetings this week, with a particular eye on the US Federal Reserve a ... read more |
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China factory output slows but consumption offers bright spotBeijing (AFP) June 16, 2025 Growth in China's factory output hit a six-month low last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy. ... more 
Panama urges US not to involve it in disputes with ChinaPanama City (AFP) June 12, 2025 Panamanian President Jose Raul Mulino on Thursday asked the United States to refrain from dragging the Central American country into its "geopolitical conflict" with China. ... more 
China, South Korea must safeguard free trade, Xi tells LeeBeijing (AFP) June 10, 2025 Chinese leader Xi Jinping urged South Korea's new President Lee Jae-myung on Tuesday to work with Beijing to uphold free trade and defend "multilateralism", state media said. ... more 
Asian equities rally after China-US framework on tradeHong Kong (AFP) June 11, 2025 Asian stocks rose Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff deal. ... more |
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Canada, China premiers agree to 'regularize communications'Montreal (AFP) June 6, 2025 Canada and China have agreed to regularize channels of communication, the office of Canadian Prime Minister Mark Carney said, after a period of strained diplomatic ties between the two countries. ... more 
Stocks climb on reassuring jobs data, US-China trade optimismNew York (AFP) June 6, 2025 Major stock indexes pushed higher Friday as data showed the US labor market is resilient despite uncertainty over President Donald Trump's tariffs, while upcoming US-China talks added to hopes of easing trade tensions. ... more 
Equities on front foot as US data feeds rate-cut hopesHong Kong (AFP) June 5, 2025 Shares enjoyed a healthy run Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key jobs figures coming at the end of the week. ... more 
US-China at trade impasse as Trump's steel tariff hike strains tiesWashington (AFP) June 4, 2025 US President Donald Trump said Wednesday it is "extremely hard" to reach a deal with China over a trade impasse that has roiled global markets, while his doubling of metal tariffs fueled tensions with key partners. ... more
China factory activity hits lowest since 2022, survey showsBeijing (AFP) June 3, 2025 Chinese factory activity hit a more than two-year low in May, a closely watched survey showed Tuesday, as a detente in Beijing's trade war with Washington was offset by ongoing domestic problems in the world's number two economy. ... more |
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Stocks build on gains after jobs data, Seoul surges on Lee's win
Hong Kong (AFP) June 4, 2025 Shares extended a global rise Wednesday following data indicating the US economy remained resilient, with South Korean equities and the won standing out as the election of a new president ended months of political paralysis. Speculation that presidents Donald Trump and Xi Jinping will speak this week stoked optimism for a soothing of US-China tensions, though the Republican indicated in a social media post his counterpart was "hard to make a deal with". The US leader's ramped-up tariffs on alumi ... read more 
Most stocks fall as Trump fires fresh volley in trade warHong Kong (AFP) June 2, 2025 Stocks mostly sank with the dollar on Monday after Donald Trump last week lobbed a fresh trade missile by doubling tariffs on steel and aluminium and accused China of violating last month's agreement to slash tit-for-tat levies. ... more |
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China 'firmly rejects' US claim that it violated tariff dealBeijing (AFP) June 2, 2025 China said Monday it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up. ... more 
US says trade row with China could ease after Trump-Xi talksWashington (AFP) June 1, 2025 A logjam in the trade talks between the United States and China could be broken once Presidents Donald Trump and Xi Jinping speak, US officials said Sunday - a conversation they said could happen soon. ... more 
Trump says Chinese students in US will 'be ok'Washington (AFP) May 31, 2025 US President Donald Trump told reporters late Friday he wanted to assure Chinese international students in the country that they would be fine amid his administration's crackdown on academia. ... more 
Trump accuses China of violating tariff de-escalation dealWashington (AFP) May 30, 2025 US President Donald Trump signaled renewed trade tensions with China Friday, arguing that Beijing had "totally violated" a tariff de-escalation deal, while saying he expects to eventually speak with Chinese leader Xi Jinping. ... more
US trade court blocks tariffs in major setback for TrumpWashington (AFP) May 29, 2025 A US federal court blocked most of President Donald Trump's sweeping tariffs from going into effect, boosting markets on Thursday even as the White House appealed against the decision by "unelected judges." ... more |
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