Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:45
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
2023-05-31 10:29
Debt limit deal clears key hurdle ahead of final House vote
House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.
2023-05-31 10:23
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:22
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:20
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:18
Australia's central bank shuns PwC until tax leak scandal ends
By Lewis Jackson SYDNEY The Reserve Bank of Australia will not start any new contracts with PricewaterhouseCoopers (PwC)
2023-05-31 09:56
Australia inflation picks up to 6.8% in April, above forecasts
SYDNEY Australian consumer prices rose by more than expected in April, driven by a jump in automotive fuel,
2023-05-31 09:55
JPMorgan China CEO Says Expansion Taking Longer Than Expected
JPMorgan Chase & Co.’s China head said its expansion in the country is taking longer than expected, as
2023-05-31 09:48
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
2023-05-31 09:45
Japan’s Factory Output Drops in Weak Start to Second Quarter
Japan’s factory output unexpectedly declined for the first time in three months in April amid a global slowdown,
2023-05-31 09:23
PwC Barred From All New RBA Contracts Until Scandal Clears
Reserve Bank of Australia Governor Philip Lowe said he’s “appalled” by the tax scandal that’s engulfed PricewaterhouseCoopers and
2023-05-31 08:54