
Morgan Stanley Makes Sole Underweight Call on Battery Giant CATL
Morgan Stanley slashed its recommendation on Contemporary Amperex Technology Co. to underweight, expecting geopolitical tensions to hinder the
2023-06-07 10:51

Ozempic is taking China by storm. Drugmakers are scrambling to boost supplies
Ozempic, originally a medication for treating diabetes, is in high demand worldwide with celebrities and social media users touting it as a miracle drug for weight loss. Now the frenzy is sweeping through China, where being "wafer thin" is a prevailing beauty standard, leading to shortages in the country.
2023-06-07 10:29

SEC Seeks to Freeze Binance.US Assets and Protect Customer Funds
The Securities and Exchange Commission said it’s seeking to freeze Binance.US’s assets and protect customer funds, including through
2023-06-07 10:24

Gunman shoots two dead, wounds five others at Virginia high school graduation
By Daniel Trotta and Steve Gorman (Reuters) -A man armed with four handguns killed two people and wounded five others
2023-06-07 10:22

Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
Australia’s economy slowed in the first three months of the year as the Reserve Bank’s aggressive policy tightening
2023-06-07 10:21

Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:18

Japan needs to balance growth, fiscal reform - policy document
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO Japan is committed to mobilise all policy options available while putting
2023-06-07 10:17

Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:46

Asian Equities Rise With Positive Signs for China: Markets Wrap
Asian stocks rose Wednesday, with hopes for stimulus in China, a positive sign in geopolitics and hints of
2023-06-07 08:59

RBI May Pause Again With Markets Watching for Shift in Stance
The Reserve Bank of India is expected to pause for a second straight month as inflation eases and
2023-06-07 08:49

Saudi crown prince, US Secretary of State discuss bilateral ties
CAIRO Saudi Arabian Crown Prince Mohammed bin Salman and U.S. Secretary of State Antony Blinken met and discussed
2023-06-07 08:27

US Army Corps revokes permit for Minnesota mine, cites threat to downstream tribe's water standards
The U.S. Army Corps of Engineers has revoked a crucial federal permit for the proposed NewRange Copper Nickel mine in northeastern Minnesota, saying the permit did not comply with the water quality standards set by a sovereign downstream tribe
2023-06-07 08:17