Asian stocks set for best weekly gain in nine years, U.S. jobs eyed
Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as...
Ocean shipping shrinks as pandemic pummels retailers
The $1 trillion container shipping industry is in a slowdown. Literally....
Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex: Reuters poll
Japan’s first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still...
Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex
Japan’s first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still...
Global airlines add flights; U.S. carriers target the great outdoors
Airlines from America to Australia are ramping up flights in June and July, boosting hopes for a pickup in tourist traffic even as bigger-spending business...
Australia shakes up foreign investment laws for national security
Australia announced the biggest shakeup of its foreign investment rules in almost half a century on Friday, including additional powers to force the divestment of...
Factbox: Deals that may be affected by Australia’s foreign M&A crackdown
Australia plans to give its foreign investment regulator sweeping new powers to intervene in all takeovers from overseas interests regardless of dollar value, citing security...
Oil edges higher as traders eye producer talks on extending supply cuts
Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil...
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs,...
As coronavirus sinks global demand, China’s exporters go online to tap domestic market
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers...