TikTok to invest billions of dollars in Southeast Asia -CEO
By Stanley Widianto JAKARTA (Reuters) -Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions
2023-06-15 11:52
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:48
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 11:24
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 11:18
Yen Falls to 7-Month Low as Traders Shift Focus From Fed to BOJ
The yen weakened to its lowest since November as traders shifted their focus from a hawkish Federal Reserve
2023-06-15 10:59
Australia’s Yield Curve Inverts for First Time Since 2008
Australia’s yield curve inverted for the first time since the financial crisis as traders increasingly priced in the
2023-06-15 10:55
Pacific Maritime Association and the International Longshore and Warehouse Union reach tentative labor agreement
The Pacific Maritime Association and the International Longshore and Warehouse Union reached a tentative agreement Wednesday after more than a year of negotiations. The contract between the two expired July 1, 2022 and 22,000 dockworkers have been working in good faith for nearly a year as the two sides hammered out a deal.
2023-06-15 10:48
Taiwan Likely to Pause Rate Hikes as Inflation Slows, Fed Holds
Taiwan’s central bank will likely keep rates on hold for the first time since 2021 at its board
2023-06-15 10:47
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 10:28
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
Stocks stall as US rates seen higher for longer
By Tom Westbrook SINGAPORE Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses,
2023-06-15 10:19
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 09:48