China factory activity slows, adding to economic strains
A survey shows China’s factory activity has decelerated in May, adding to signs its economic rebound after the end of anti-virus controls is slowing
2023-05-31 11:59
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server
2023-05-31 11:58
Private flight with 2 Saudi astronauts returns from space station with Gulf of Mexico splashdown
A private crew is back on Earth after a nine-day trip to the International Space Station
2023-05-31 11:53
Wanda Weighs Selling Payments Permit for About $141 Million
Dalian Wanda Group Co. is in talks with prospective buyers including ByteDance Ltd. for its Chinese payments unit,
2023-05-31 11:47
Italy’s Crisis Guardian Counts Down to Exit as Meloni Mulls Successor
Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in
2023-05-31 11:26
Summers Sees Higher Fed Interest Rates, Increased US Taxes
Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising
2023-05-31 11:17
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by
2023-05-31 10:49
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 10:26
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 10:19
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 10:19
China's factory production hits lowest level since the end of zero-Covid policy
Factory activity in China slumped to its weakest level since the country ended its zero-Covid policy in December, as its economic recovery continues to lose steam.
2023-05-31 10:16
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 10:00