BEIJING (REUTERS) – China’s factory activity unexpectedly contracted in September as high raw material prices and power cuts continued to pressure manufacturers in the world’s second-largest economy. The
NEW YORK (BLOOMBERG) – Oil ended higher after a choppy session as concerns over tightening supply outweighed fears over the state of China’s economy. Futures in New York
More than two dozen New Zealand firms, many startups, have set up shop in metro Denver and Boulder in recent years, making the region a launching pad for
SHANGHAI (BLOOMBERG) – Protests intensify at China Evergrande Group offices across the country as the developer falls further behind on promises to more than 70,000 investors. Construction of
PARIS (AFP) – Tame for years, inflation abruptly returned in 2021 as the world recovers from the Covid-19 pandemic, complicating the work of central bankers steering their countries
WASHINGTON (BLOOMBERG) – Goldman Sachs Group economists revised down their forecast for growth in the United States economy this year, pointing to a “harder path” ahead for the
BEIJING (BLOOMBERG) – Cancelled share sales. Ruined business models. Tech moguls brought to heel. Barely a day goes by without more news on the widening scope of Beijing’s
BEIJING (BLOOMBERG) – China unveiled plans to keep a lid on home rents in cities and preserve older properties, its latest move to ease price pressures in the
SINGAPORE – Singapore’s factory output continued to expand in July, though at a slower rate, thanks to the strong performance by the volatile pharmaceuticals sector, data out on Thursday (Aug 26) showed.