Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc (NASDAQ:AAPL), […]
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions Read more
The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened Read more
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more
Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities Read more
South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers’ index (PMI) for South Korea manufacturers fell to a seasonally-adjusted 48.2 […]
Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as Read more
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country Read more
Taiwan's export orders likely contracted again in October as global demand for technology cools though at a slower rate than Read more
By Administrator_India Capital Sands India launched a $6.65 billion plan on Tuesday to boost electronics manufacturing, saying it would start Read more
The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle. U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. financial […]
U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds Read more
Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while Read more
