TRADE WARS - NANO DAILY

Asian markets mixed as US data tempers Fed hopes

Nov 02, 2022 (AFP)

Hong Kong led gainers -- extending the previous day's surge -- as traders remain hopeful China could begin rolling back its economically painful zero-Covid poli...

Top Chinese regulator urges investors to avoid foreign news

Nov 02, 2022 (AFP)

The advice was made by Fang Xinghai, vice chairman of China Securities Regulatory Commission, in a pre-recorded interview that was broadcast to a summit being h...

Markets extend rally, China zero-Covid hopes boost Hong Kong

Nov 01, 2022 (AFP)

Hong Kong led the rally with Shanghai following unconfirmed posts on Chinese social media saying officials were putting together a committee to discuss how to m...

Wall Street chiefs share stage with Hong Kong's sanctioned leader as bankers give mixed views

Nov 01, 2022 (AFP)

Hong Kong is hosting a week of high profile events after lifting years of pandemic travel curbs that tarnished the city's business-friendly reputation, sparked ...

UK's Ocado announces tie-up with S.Korea's Lotte

Nov 01, 2022 (AFP)

Ocado's stock surged more than 30 percent in morning trade on the London Stock Exchange after the announcement. The two firms said in a joint statement that the...

Germany's Scholz set for high-stakes China visit

Nov 01, 2022 (AFP)

Scholz, accompanied by a delegation of business executives, will be the first European Union leader to visit the world's second-biggest economy since 2019. Duri...

Markets boosted by rate hopes ahead of Fed decision

Oct 31, 2022 (AFP)

A sense of relief has settled on trading floors over the past week following a report that the US central bank could take its foot off the accelerator in its pu...

China to ease mainland residents' travel to gambling hub Macau

Oct 31, 2022 (AFP)

Macau is the only place in China where casinos are legal and the former Portuguese colony once dwarfed even Las Vegas for the scale of bets placed every month. ...

China's factory activity contracts on Covid curbs

Oct 31, 2022 (AFP)

The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 49.2, down from September's 50.1 and be...

China's Xi says ready to take Brazil ties 'to new level' after Lula election

Oct 31, 2022 (AFP)

"I am willing to work with president-elect Lula to make joint plans from a strategic height and long-term perspective, and take the China-Brazil comprehensive s...

Hong Kong banking summit a post-pandemic sales pitch, but is anyone buying

Oct 31, 2022 (AFP)

The Chinese finance hub has prepared a high-profile summit, including a glitzy banquet at a newly opened art museum to woo financial bigwigs, hoping to outshine...

Record plunge in China property giant's stock after chair quits

Oct 31, 2022 (AFP)

Longfor's equities plummeted by as much as 45 percent on Monday morning, before rallying to close down 23.8 percent at HK$10 ($1.27) per share. The plunge -- th...

China economic slowdown to drag on Asia growth: IMF

Oct 28, 2022 (AFP)

Worldwide economic prospects have dimmed this year as countries have faced higher living costs, tighter financial conditions and increased uncertainty following...

Most markets slip as rate hopes are offset by big tech sell-off

Oct 28, 2022 (AFP)

After being battered for most of the year by worries that borrowing costs will continue to rise to fight inflation, traders were cheered by a report last week i...

Euro and pound hold gains, stocks mostly rise as rate fears ease

Oct 27, 2022 (AFP)

Hong Kong led the gains thanks to a surge in tech firms, extending a recovery from Monday's rout that was fuelled by worries of Xi Jinping's tightened grip on p...

US lawmakers urge bank chiefs to reconsider Hong Kong meeting

Oct 27, 2022 (AFP)

Heads of some 30 big financial institutions are expected for the conference in Hong Kong, which is keen to show it is open for business after isolation under on...

China says wants deeper Russia ties, silent on Ukraine war

Oct 27, 2022 (AFP)

China and Russia had a tumultuous relationship during the Cold War but have grown closer in recent years as they worked to counter the United States. China has ...

Hong Kong finance chief contracts Covid ahead of banking summit

Oct 27, 2022 (AFP)

City authorities are eager for the international finance get-together to show Hong Kong is open for business, having been previously isolated by China's zero-Co...

Germany allows controversial Chinese stake in Hamburg port

Oct 26, 2022 (AFP)

Under the compromise agreed by Scholz's cabinet, Chinese shipping giant Cosco has the go-ahead to buy a stake "below 25 percent" in the Tollerort container term...

Germany allows smaller Chinese stake in Hamburg port

Oct 26, 2022 (AFP)

Under the compromise reached by Scholz's cabinet, Chinese shipping giant Cosco will be allowed to buy a stake "below 25 percent" in a container terminal owned b...