Australia is at risk of energy shortfalls without more clean energy investment to offset the accelerating demise of coal-fired power plants, according to the operator of the nation’s main power networks.
China’s reopening should help stabilize global commodities demand, according to the world’s top miner, but the prediction comes with caveats.
Qantas Airways Ltd. announced its biggest investment in global airport lounges in more than a decade, underscoring the demand for premium, long-distance travel as aviation rebounds from the pandemic.
East Money Information Co. has selected Bank of America Corp. and China International Capital Corp. to arrange its planned global depository receipt sale in Switzerland, according to people with knowledge of the matter.
Offshore investors have been bailing from China’s onshore credit market for more than a year, but at least one foreign fund manager has turned positive in recent months.
A pair of earthquakes measuring 6.4 and 5.8 in magnitude struck Turkey’s southeastern Hatay province Monday, two weeks after major tremors in the same area left tens of thousands of people dead.
Growth for China’s food delivery giant Meituan has peaked as competition heats up in the $145 billion industry, said a China tech analyst, who is the lone bear on the Hong Kong-listed stock.
South Korea’s early trade data showed a decline in exports persisting this month, fueling concerns about the economic outlook ahead of this week’s central bank decision.
Asia’s central banks may need to raise interest rates further if core inflation does not show clear signs of returning to target, according to the International Monetary Fund.
Prime Minister Fumio Kishida said Japan would provide $5.5 billion in fresh aid for Ukraine and host President Volodymyr Zelenskiy at an online G-7 summit to mark the start of Russia’s full-scale invasion of its neighbor a year ago.
