Client exodus from PwC Australia grows as $48 billion pension fund pauses work
By Lewis Jackson SYDNEY HESTA, one of Australia's largest pension funds, on Wednesday froze work with PricewaterhouseCoopers (PwC)
2023-06-07 12:48
Bottomless supply? Concerns of limited Canadian hydropower as U.S. seeks to decarbonize grid
An ambitious push to decarbonize Canada’s grid and the nation’s growing demand for green energy is causing concerns in the U.S. that Canadian hydro supplies aren’t as plentiful as they used to be
2023-06-07 12:22
China's exports tumble in May as global demand falters
By Joe Cash BEIJING China's exports shrank much faster than expected in May and imports fell, albeit at
2023-06-07 12:21
India’s MRPL Shelves Refinery Growth to Focus on Chemicals Bet
India’s Mangalore Refinery and Petrochemicals Ltd. shelved a planned refinery expansion to focus on boosting its petrochemical production
2023-06-07 12:16
Asian stocks edge higher on Fed hope but traders remain wary
Most markets crawled higher Wednesday on speculation that China will unveil measures to support its struggling economy, while investors held out hope the Federal Reserve will skip...
2023-06-07 11:59
Bids for Indonesia’s Bonds Soar to Two-Year High With Peak Rates
Bids for Indonesia’s sovereign bonds at an auction soared the highest in almost two years, with supply getting
2023-06-07 11:28
Slowdown Threatens Indian Economy Even as Its Rich Keep Spending
India’s booming economy is the envy of other major markets. But beyond the hype and expectation, people who
2023-06-07 11:28
12.9 million Chinese students take college entrance exam as pressures mount
For nearly 13 million high school students across China, Wednesday marks a day that could make or break their plans for college and the increasingly competitive job market beyond.
2023-06-07 11:20
Morgan Stanley Makes Sole Underweight Call on Battery Giant CATL
Morgan Stanley slashed its recommendation on Contemporary Amperex Technology Co. to underweight, expecting geopolitical tensions to hinder the
2023-06-07 10:57
Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
Australia’s economy slowed in the first three months of the year as the Reserve Bank’s aggressive policy tightening
2023-06-07 10:29
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:26
Ozempic is taking China by storm. Drugmakers are scrambling to boost supplies
Ozempic, originally a medication for treating diabetes, is in high demand worldwide with celebrities and social media users touting it as a miracle drug for weight loss. Now the frenzy is sweeping through China, where being "wafer thin" is a prevailing beauty standard, leading to shortages in the country.
2023-06-07 10:23