China’s Weakening Economy Puts Focus on Stimulus After Rate Cut
China’s weakening economy prompted the central bank to cut interest rates for the first time since August, and
2023-06-15 16:26
Yen Falls to 7-Month Low as Traders Shift Focus From Fed to BOJ
The yen weakened to its lowest since November against the dollar as traders shifted their focus from a
2023-06-15 15:50
Siemens to Make €2 Billion Investment to Boost High-Tech Plants
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore
2023-06-15 14:29
Philippine Billionaire Andrew Tan Looks to Expand Casinos Beyond Manila
Alliance Global Group Inc., the investment company of Philippine billionaire Andrew Tan, is looking to expand its casino
2023-06-15 13:52
Indonesia Builder’s Bond Outperforms Despite 1300% Debt Blowout
PT Hutama Karya’s debt is faring better than the bonds of other Indonesian state-backed enterprises — despite an
2023-06-15 13:46
China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding
2023-06-15 12:56
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:22
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:16
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24
Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
2023-06-15 09:59
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:15
Strategists See Resilience in Asia FX, Stocks After Fed
Asian stocks and emerging-markets currencies should be resilient while short-end bond yields are likely to move higher. Those
2023-06-15 07:56