TikTok’s CEO Says It Plans to Invest Billions in Southeast Asia
ByteDance Ltd.’s TikTok will invest billions of dollars in Southeast Asia over the next three to five years,
2023-06-15 13:46
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:28
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
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
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
Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work
The National Music Publishers’ Association sued Twitter Inc. Wednesday, alleging it violates the copyright of songwriters by using
2023-06-15 07:28
Traders Pull Back Wagers on Fed Interest-Rate Cut This Year
Bond traders are wiping out bets that the Federal Reserve will lower interest rates this year after the
2023-06-15 02:49