China Sidesteps Yuan Support After Currency Pulls Back From Lows
China stood back from supporting the yuan for a third day, triggering a modest pullback, in a sign
2023-06-28 11:21
China Likely to Ramp Up Monetary, Fiscal Stimulus, Survey Shows
China is expected to cut interest rates again this year and ramp up fiscal stimulus to spur a
2023-06-28 11:15
China’s Industrial Profits Slump on Soft Demand, Deflation
Profits at industrial firms in China kept dropping in May, reflecting the impact of soft demand and ongoing
2023-06-28 10:56
Australia Inflation Cools Sharply, Easing Rate-Hike Pressure
Australia’s inflation eased more than expected in May, bolstering the case for the Reserve Bank to pause its
2023-06-28 10:29
Asia shares hesitant, yen slide stokes intervention risk
By Wayne Cole SYDNEY Asian shares hesitated on Wednesday as surprisingly upbeat U.S. economic news warred with global
2023-06-28 10:25
Australia’s Budget Surplus Swells on Jobs, Exports Strength
Australia’s first budget surplus in 15 years will be larger than the A$4.2 billion ($2.8 billion) forecast just
2023-06-28 10:19
Oaktree Names O’Leary, Panossian as Co-CEOs, Wintrob to Leave
Oaktree Capital Management will name Robert O’Leary and Armen Panossian as co-CEOs, according to a person familiar with
2023-06-28 09:48
China’s Xi Reassures Foreign Investors Amid Worries About Policy
Chinese leader Xi Jinping pledged that his nation would do right by foreign investors, underscoring his government’s attempts
2023-06-28 09:46
Oil Steadies as Concerns Over Demand Outlook Hang Over Market
Oil steadied in Asia as investors weighed the outlook for monetary policy and a mixed industry report on
2023-06-28 09:45
Pimco Loads Up on Aussie Bonds on ‘Inevitable’ Recession Call
Australia is bound for a recession after rapid interest-rate increases, so its sovereign bonds offer a “fantastic opportunity”
2023-06-28 08:54
China Shifts Approach Toward De-Risking With Appeals to CEOs
When the US first embraced “de-risking” to get Europe on board with measures to deny key technology to
2023-06-28 08:53
Qantas Overhauls Leadership for New Era Under Vanessa Hudson
Qantas Airways Ltd. overhauled its leadership, including naming a new chief financial officer and creating a role to
2023-06-28 08:15