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
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
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
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
US Producer Prices Fall More Than Forecast on Cheaper Gasoline
US producer prices declined in May, restrained by a drop in the cost of gasoline and underscoring a
2023-06-14 21:48
Cathay Pacific Offers to Redeploy Spare Pilots to Low-Cost Unit
Continuing to untangle itself from the legacy of Covid, Cathay Pacific Airways Ltd. offered its junior pilots the
2023-06-14 15:48
Oil Supertanker Rates Surge as Cargoes From Mideast Climb
Earnings for giant crude supertankers posted their second-largest daily gain in three years as the number of cargoes
2023-06-14 14:29