|
|
 |
Stocks track Wall St sell-off as US deficit fears grow
Hong Kong (AFP) May 22, 2025 Equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit. A weak auction of 20-year US government debt flashed a warning sign that the bond market was worried about the country's finances, days after Moody's lowered its top-tier credit rating. The news brought an end to a healthy run-up in recent weeks that was stoked by the US-China tarif ... read more |
 |
Iraq's first filmmaker in Cannes says sanctions no piece of cakeCannes, France (AFP) May 18, 2025 Hasan Hadi, the first filmmaker from Iraq to be selected for the prestigious Cannes Festival, said that economic embargoes like those imposed in his childhood under Saddam Hussein do not work. ... more 
Oil prices jump on report of Israel prepping Iran strikeHong Kong (AFP) May 21, 2025 Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears. ... more 
Main points of the agreement between the EU and the UKLondon (AFP) May 19, 2025 British Prime Minister Keir Starmer Monday signed an agreement in London with the heads of the European Union marking a new chapter in UK-EU relations since Brexit on 31 January 2020. ... more 
Equities rebound to track Wall St up as China cuts ratesHong Kong (AFP) May 20, 2025 Most markets rose Tuesday as risk appetite returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows. ... more |
|
|
 |
|
|
|
|
|
EU tech chief urges US cooperation as key decisions nearWashington (AFP) May 16, 2025 EU digital policy chief Henna Virkkunen on Friday urged closer cooperation between the United States and Europe on tech regulation as Brussels finalizes investigations targeting US giants over violations of the bloc's rules. ... more 
China urges a 'more fair' business environment in FranceParis (AFP) May 15, 2025 Chinese Vice Premier He Lifeng called Thursday for "a more fair, just and predictable business environment" in France during talks with Finance Minister Eric Lombard in Paris. ... more
China urges a 'more fair' business environment in FranceParis (AFP) May 15, 2025 Chinese Vice Premier He Lifeng called Thursday for "a more fair, just and predictable business environment" in France during talks with Finance Minister Eric Lombard in Paris. ... more 
APEC trade ministers meet in South Korea amid US-China trade tensionsJeju, South Korea (AFP) May 15, 2025 Trade ministers from the top economies that make up the Asia-Pacific Economic Cooperation, or APEC, began a two-day meeting in South Korea's Jeju island on Thursday, as trade cooperation falters globally. ... more 
China suspends some non-tariff countermeasures after US trade talksBeijing (AFP) May 14, 2025 China on Wednesday said it was suspending some non-tariff countermeasures against the United States, in another de-escalation of the trade war with Washington following high-level talks in Switzerland. ... more |
|
Stock markets fluctuate as China-US trade euphoria fades
London (AFP) May 14, 2025 Major stock markets diverged and the dollar slid Wednesday as euphoria over easing US-China trade tensions petered out. While April's volatility across equity indices appears to have halted, analysts warned that Washington still needed to reach tariff deals with countries to instill a sense of stability. In Europe, Paris and Frankfurt stock markets fell and London flattened in early afternoon trade. Chinese indices closed with sizeable gains on rallies for tech stocks. "The rally for Europea ... read more 
Colombia joins Belt and Road initiative as China courts Latin AmericaBeijing (AFP) May 14, 2025 Colombia formally agreed on Wednesday to join China's vast Belt and Road infrastructure initiative, as Beijing draws Latin America closer in a bid to counter the United States. ... more |
|
|
|
'Panic and paralysis': US firms fret despite China tariff reprieveWashington (AFP) May 14, 2025 President Donald Trump's rollercoaster tariff row with Beijing has wreaked havoc on US companies that rely on Chinese manufacturing, with a temporary de-escalation only expected to partially calm the storm, analysts and business owners say. ... more 
Where things stand in the US-China trade warBeijing (AFP) May 12, 2025 The United States and China have agreed to slash tariffs on each other's goods, easing a trade war that has upended global markets and supply chains worth hundreds of billions. ... more 
US, China agree to slash tariffs in trade war de-escalationGeneva (AFP) May 12, 2025 The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that has roiled financial markets and raised fears of a global economic downturn. ... more 
Texas push to ban non-citizens from buying land prompts racism worriesAustin (AFP) May 12, 2025 A renewed push in Texas to ban Chinese and other non-citizens from purchasing property is almost across the finish line, prompting protests by opponents who claim the measure will stoke discrimination against minorities. ... more 
Kazakhstan to dredge port for key China-EU trade routeAstana, Kazakhstan (AFP) May 12, 2025 Kazakhstan will start dredging part of the Caspian Sea around its main port to increase capacity for a crucial transport route linking Asia and Europe, a spokesperson told AFP on Monday. ... more |
|
|
| Buy Advertising | Media Advertising Kit | Editorial & Other Enquiries | Privacy statement |
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2020 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement |
