Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 13:52
Kinnock Tells Starmer He Can Lead UK Alone, Without Coalition
Former Labour leader Neil Kinnock dismissed the chances of the party being forced into a coalition after the
2023-06-02 13:15
This Week in China: Biggest Reopening Fans Are Now Underweight
No valuation case seems compelling enough to keep global investors from giving up on Chinese assets. The evidence
2023-06-02 12:53
All Eyes on US, China as Shangri-La Defense Forum Starts
Defense officials from around the world arrived in Singapore Friday, with US-China tensions over Taiwan, chip curbs and
2023-06-02 12:50
Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging
2023-06-02 12:27
China Stocks Rebound as Fed Concerns Ease, Dip-Buyers Emerge
Chinese stocks staged a sharp rebound as signs that the Federal Reserve is close to the end of
2023-06-02 12:20
UK Government Killed Au Pair Industry, Leaving British Parents Desperate
The UK government is desperate to find a way to make child care more affordable and encourage more
2023-06-02 11:47
Senate Fails to Strip Manchin Pipeline Deal From Debt Bill
An amendment to strip language from the debt-ceiling bill expediting approval of a multi-billion-dollar natural gas pipeline failed
2023-06-02 11:29
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.4 billion rally in K-pop stocks looks set to power on, as a growing global fanbase fuels
2023-06-02 10:48
PwC Contracts Frozen by $191 Billion Australian Pension Fund
Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of
2023-06-02 09:54
Korea Inflation Slows in May, Giving BOK Scope to Pause
South Korea’s inflation eased for a fourth straight month in May, another indication that price pressures are pulling
2023-06-02 09:48
Australia Raises National Minimum Wage 5.75%, Currency Declines
Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to
2023-06-02 09:25