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Shanghai's elderly investors keep faith despite stock market woes
Shanghai's elderly investors keep faith despite stock market woes
by  AFP

A raucous group of elderly investors held court at a Shanghai securities company on Tuesday, chatting loudly about the stock prices flickering on LED boards as Chinese markets stutteringly recovered from the brutal day before. Shanghai advanced 1.6 percent on Tuesday.

Major trade wars since the 19th century
Major trade wars since the 19th century
by  AFP

As the world reels from US President Donald Trump's tariffs onslaught, here is a look back at some major trade wars since the 19th century: - 19th century Opium Wars - In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China against the British Empire.

World's 'exceptional' heat streak lengthens into March
World's 'exceptional' heat streak lengthens into March
by  AFP

Global temperatures hovered at historic highs in March, Europe's climate monitor said on Tuesday, prolonging an unprecedented heat streak that has pushed the bounds of scientific explanation. - Puzzling heat - The spectacular surge in global heat pushed 2023 and then 2024 to become the hottest years on record.

'Malignant stupidity', 'weak': Economists on Trump's tariffs
'Malignant stupidity', 'weak': Economists on Trump's tariffs
by  AFP

A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession. Here are comments from some leading economists: - 'Spectacle of failed policies' - Li Daokui, one of China's most influential economists, told AFP that Trump's tariffs mainly aim to "squeeze other countries" for concessions.