Factory activity shrank in most Asian countries in June as the simmering U.S.-China trade conflict put further strains on the region’s manufacturing sector, keeping policymakers under pressure to deploy stronger steps to avert a global recession.
Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute averted one threat to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks.
Oil prices rose more than $1 a barrel on Monday after Saudi Arabia, Russia, Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting this week.
Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks.
Oil prices rose more than $1 a barrel on Monday after Russia agreed with Saudi Arabia to extend supply cuts for another six to nine months ahead of an OPEC meeting this week.
The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him.
Defensive equity strategies focused on high payouts and steady earnings have gained in popularity this year as investors flock to safety, worried the biggest stock market rally in decades is about to come crashing down.
Stocks rallied while bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare back wagers on aggressive policy easing by the major central banks.
Rio Tinto named Barbara Levi as its new general counsel and group executive on Monday, replacing Philip Richards.
U.S. stock futures jumped more than one percent when trading resumed on Sunday, after the United States and China agreed on Saturday to restart stalled trade talks.
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