China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:53
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
US West Coast Port Employers, Union Announce Tentative Deal
The Pacific Maritime Association and the International Longshore and Warehouse Union announced a tentative agreement on a new
2023-06-15 11:21
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
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:17
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
Biden Touts Climate Efforts as Advocacy Groups Back Reelection
President Joe Biden defended his record confronting climate change and earned the endorsement of major conservation groups as
2023-06-15 08:45
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
2023-06-15 08:30
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
New Zealand’s Economy Falls Into Recession, Currency Drops
New Zealand’s economy contracted in the first quarter, confirming that a recession began in the final three months
2023-06-15 07:54