'Labor hoarding' is gaining steam as businesses brace for a recession
US companies wary about their economic prospects are battening down the hatches.
2023-06-09 01:24
US stocks are in the firing line if China's economy stalls further
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong's equity markets have flirted with bear territory as a result.
2023-06-08 20:59
Senators ask U.S. Justice Dept to probe Binance statements to Congress
WASHINGTON The U.S. Department of Justice should investigate whether cryptocurrency exchange Binance made false statements to Congress in
2023-06-08 20:54
China’s Biggest Jewelry Chain Slows Expansion to Boost Profit
Chow Tai Fook Jewellery Group Ltd., one of the world’s largest jewelry retailers by market value, is dialing
2023-06-08 19:49
Microsoft, Google strategy to test AI search ads irks some brands
By Sheila Dang Alphabet's Google and Microsoft are inserting ads into AI experiments without providing an option to
2023-06-08 18:51
Lithium Shortages Could Hand Salt a Starring Role in EV Shift
Carmakers who faced skyrocketing prices for lithium and other battery metals last year could increasingly adopt sodium-based cells
2023-06-08 15:26
EU’s Fastest Inflation Slows More Than Seen on Hungary Recession
Hungarian inflation slowed more than estimated in May as a deepening recession limited the room for further price
2023-06-08 14:59
Starmer Vows to Boost UK Steelmaking as He Makes Pitch for Power
UK opposition leader Keir Starmer will commit his Labour Party to boost domestic steel-making as he battles to
2023-06-08 13:15
It’s Terribly Hot in China, But Coal Prices Still Have Room to Fall
Despite scorching heat boosting power demand as fans and air conditioners get switched on, Chinese coal hasn’t been
2023-06-08 10:53
Copper Slump Will Give Way to Record Buying Spree, Citi Says
Investors look set to pile into the copper market on an unprecedented scale in the next few years
2023-06-08 10:19
Trafigura Traders Share $3 Billion Payout on Record Profit
Trafigura Group paid $3 billion to its top traders and executives as the commodity trading giant notched up
2023-06-07 19:58
They said we were getting a recession. Instead, we're getting a bull market
What do you get when you mix recession fears, interest rate hikes, a spending slowdown and a housing crunch? A recipe for a bull market, apparently.
2023-06-07 19:48