AFP Asia Business

Global stock markets mixed tracking US rates outlook

European and Asian stock markets diverged Thursday, investors tracking the outlook for inflation and US interest rates as Donald Trump’s second presidency approaches.Sentiment was clouded by data showing that Chinese consumer inflation remained almost non-existent despite a raft of stimulus measures in the final three months of last year.While deflation suggests the cost of goods …

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Beijing says EU imposed unfair trade barriers on Chinese firms

China said Thursday that an investigation had found the European Union imposed unfair “trade and investment barriers” on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.Officials announced the probe in July after Brussels began looking into whether Chinese government subsidies were undermining European competition.Beijing has consistently denied its industrial …

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Asian markets hit by worries over US inflation, rates outlook

Asian markets fell Thursday after a tepid lead from Wall Street, with investors increasingly worried about the outlook for inflation and US interest rates as Donald Trump’s second presidency looms.A report saying the president-elect was considering declaring a national economic emergency to provide legal cover to impose tariffs on all imported goods added to the …

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