Financial Times
Audited figures reveal mounting costs from model development, infrastructure and rapid expansion
Financial Times
Central bank deputy Shinichi Uchida to lead press conference after chief Kazuo Ueda hospitalised last week
Bloomberg Markets
The yen pared gains against the dollar after the Bank of Japan raised its benchmark interest rate to the highest level since 1995.
Bloomberg Markets
The European Union’s top diplomat said China has been training Russian troops to fight in Ukraine, sharpening Brussels’ criticism of Beijing’s enabling role in the conflict as the bloc weighs a tougher economic and security stance.
Bloomberg Markets
Middle Eastern crude markets weakened as the US-Iran agreement to reopen the Strait of Hormuz spurred optimism around an increase in flows from the oil-rich region.
Bloomberg Markets
China Evergrande’s liquidators are seeking a judicial review of a HK$1 billion ($127.6 million) shareholder compensation deal a regulator struck with PricewaterhouseCoopers’ Hong Kong affiliate.
Bloomberg Markets
Lower crude prices improves inflation outlook and eases pressure on current account deficit.
Bloomberg Markets
China’s consumer spending contracted last month for the first time since the pandemic and investment deteriorated, exposing risks still facing the economy even as it benefits from booming exports and a deescalation in tensions around Iran. UBS Securities Chief China Economist Yu Song shares his analysis. (Source: Bloomberg)
Yahoo Finance
Financial Times
Retail sales decline for first time in more than three years and fixed asset investment slump deepens
Bloomberg Markets
Foreign investors returned to Chinese sovereign bonds in May for the first time in over a year, drawn by the market’s resilience while a brutal selloff battered global debt.
Bloomberg Markets
Morgan Stanley made substantial cuts to its oil-price forecasts for the coming quarters as the interim deal between the US and Iran to reopen the Strait of Hormuz stands to revive regional output and boost supplies.
Bloomberg Markets
Chinese oil refiners sharply reduced output last month to the weakest level in nearly four years, after the country’s crude imports plunged to an eight-year low due to the near-halt to shipments from the Persian Gulf.