by Bloomberg.com | Jun 11, 2024 | alerts, Markets/Economy
Indexes in mainland China, Hong Kong among top losers in Asia Weak travel spending data, geopolitical risks hurt sentiment Chinese stocks dropped after traders returned from a long weekend as a slew of negative developments weighed on sentiment. The CSI 300 Index of...
by Bloomberg.com | Jun 9, 2024 | alerts, Markets/Economy
Inventories revised to show slightly bigger contribution Net exports tweaked a tad to reflect larger drag on growth Japan’s economy showed scant sign of a clear recovery with its narrower-than-first-estimated contraction leaving plenty of reason for continued caution...
by Bloomberg.com | Jun 9, 2024 | alerts, Markets/Economy
Poll shows Labor neck-and-neck with center-right opposition Australian election due to be held within the next 12 months Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration,...
by Bloomberg.com | Jun 7, 2024 | alerts, Markets/Economy
US consumer borrowing increased in April by less than forecast as credit-card balances declined for the first time in three years. Total credit rose $6.4 billion after a downwardly revised $1.1 billion decrease in March, according to Federal Reserve data released...
by Bloomberg.com | Jun 7, 2024 | alerts, Markets/Economy
Read the story US apartments were supposed to be an ironclad investment, with potential for double-digit returns as the housing shortage propels rents ever higher. Instead, a blowout in multifamily building loan deals have left some retail investors in a world of...