Economists: US can weather ongoing crises, but recession remains on the table
US business economists are optimistic that the banking and debt ceiling turmoil won't turn into full-blown crises; however, a majority of them also believe a recession is still in the cards — although likely starting later than previously thought, according to a new survey released Monday.
2023-05-22 12:53
Syngenta’s IPO Seen as Key to Lure Foreigners to China’s Market
Syngenta Group’s planned 65 billion yuan ($9.26 billion) initial public offering, potentially the world’s biggest this year, is
2023-05-22 12:16
Former Investor Darling GLP Is Now Sliding Into Distress in Asia
Major Asian logistics operator GLP Pte was for years sought after by investors, both when it first went
2023-05-22 11:26
Singapore’s PM Lee Tests Positive for Covid
Singapore’s Prime Minister Lee Hsien Loong has tested positive for Covid-19, he said in a Facebook post. “I
2023-05-22 11:20
Australia says PwC leak of government tax documents may be referred to police
SYDNEY Australia said on Monday the government will take further steps in response to the leak of government
2023-05-22 10:55
Newcrest Gold Mine Faces Probe for Dust Pollution in Australia
Newcrest Mining Ltd., being taken over by Newmont Corp., is facing an investigation by Australian environmental authorities following
2023-05-22 10:45
China’s Banks Keep Lending Rates Unchanged After PBOC’s Hold
Chinese banks kept their benchmark lending rates unchanged for a ninth consecutive month following the central bank’s decision
2023-05-22 09:51
Australia gets U.S. backing for critical minerals industry
MELBOURNE Australia has won the support of the United States for development of its critical minerals industry after
2023-05-22 09:22
DBS Sees Annual Profit to Exceed S$10 Billion in Medium Term
DBS Group Holdings Ltd. expects to achieve earnings of more than S$10 billion ($7.4 billion) in the medium
2023-05-22 09:16
Missing Recovery Leaves China’s Metals Bears In Charge
The first gathering of the Asian metals community since the pandemic should have been a celebration, fueled by
2023-05-22 09:16
Investors in Asia’s Worst-Performing Market on Edge After Poll
A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are waiting to see
2023-05-22 08:49
Instagram Suffers Brief Outage Affecting Hundred of Thousands
Instagram, the popular photo-sharing app owned by Meta Platforms Inc., appeared to suffer an outage Sunday evening in
2023-05-22 08:47