China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
2023-08-08 10:54
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 10:50
Oil’s Hottest Trade Gathers Momentum as Key Spread Goes Negative
One of the hottest trades in the oil market this year is keeping on rolling, with the potential
2023-08-08 10:19
Oil Steadies Ahead of US Figures on Outlook, Crude Stockpiles
Oil was steady ahead of US data on the energy outlook and stockpiles as the global market tightens
2023-08-08 10:16
Bearish Bets on Country Garden Jump to Record as Doubts Grow
Short sellers are swarming over Country Garden Holdings Co. as the sixth-largest Chinese developer by sales faces increasing
2023-08-08 09:54
UBS Names Heads From Credit Suisse for Asia Global Banking Team
UBS Group AG reshuffled its Asia global banking division, appointing some senior Credit Suisse Group veterans to help
2023-08-08 09:15
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
2023-08-08 08:47
Japan Stocks Slipping in MSCI Indexes as Weak Yen Offsets Rally
Japanese stocks have quickly run up to 33-year highs this year, but this hasn’t been enough to raise
2023-08-08 08:25
Japan Wage Growth Slows, Backing BOJ Ultra-Easy Policy Case
Growth in Japanese workers’ wages unexpectedly slowed in June, indicating the labor market may be losing some steam
2023-08-08 08:22
Australia Needs to Boost Sustainable Financing for Net Zero Goal
Australia will need to “substantially” boost financing for sustainable projects if the nation is to decarbonize its economy
2023-08-08 07:25
Asian Shares Look Mixed After US Equities Rebound: Markets Wrap
Asian stocks were set for a mixed opening after shares in the US rebounded from their worst week
2023-08-08 07:24
Thailand Pushes Yuan, Ringgit Use to Curb Impact of Baht Swings
Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb
2023-08-08 07:18