Learning archive

China Consumer Deflation Streak Persists as Price Wars Rage
  • June 8, 2025

China Consumer Deflation Streak Persists as Price Wars Rage

(Bloomberg) -- China’s consumer deflation extended into a fourth month, as price wars intensified while a spending boost during two national holidays failed to offset the drag from weak domestic demand.Most Read from BloombergNext Stop: Rancho Cucamonga!Where Public Transit Systems Are Bouncing Back Around the WorldTrump Said He Fired the National Portrait Gallery Director. She’s Still There.ICE Moves to DNA-Test Families Targeted for Deportation with New ContractUS Housing Agency Vulnerable to

Read More
Asian shares climb, dollar eases ahead of US-China talks
  • June 8, 2025

Asian shares climb, dollar eases ahead of US-China talks

TOKYO (Reuters) -Shares jumped and the dollar pared recent gains on Monday as Asian markets reacted to better-than-expected U.S. jobs data ahead of talks in London aimed at mending a trade rift between the United States and China. Wall Street stocks had closed sharply higher on Friday after the jobs data eased concerns about damage to the world's biggest economy from President Donald Trump's unpredictable tariff regime. On Monday, MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.7%, with Australia's markets shut for a holiday.

Read More
Dollar slips after rally, focus shifts to US-China trade talks
  • June 8, 2025

Dollar slips after rally, focus shifts to US-China trade talks

(Reuters) -The dollar slipped against all major currencies on Monday, as exuberance over an upbeat U.S. employment report gave way to caution ahead of pivotal U.S.-China trade talks set to take place in London later in the day. The talks come at a crucial time for both economies, with China grappling with deflation and trade uncertainty dampening sentiment among U.S. businesses and consumers, prompting investors to reassess the dollar's safe-haven status. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are expected to represent the U.S. at the trade talks, while vice premier He Lifeng would likely be present with the Chinese delegation.

Read More
Activist Retail Investors Take On Korea’s Corporate Laggards
  • June 8, 2025

Activist Retail Investors Take On Korea’s Corporate Laggards

(Bloomberg) -- South Korea’s small investors are trying to shake up the country’s creaky corporate landscape.Most Read from BloombergNext Stop: Rancho Cucamonga!Where Public Transit Systems Are Bouncing Back Around the WorldTrump Said He Fired the National Portrait Gallery Director. She’s Still There.ICE Moves to DNA-Test Families Targeted for Deportation with New ContractUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnAmateur stock-pickers across the country are gathering o

Read More
Oil prices dip on weak China data, but hopes for US-China trade deal support
  • June 8, 2025

Oil prices dip on weak China data, but hopes for US-China trade deal support

SINGAPORE (Reuters) -Oil prices slipped on Monday on weak China data, but held on to most of last week's gains, as investors awaited U.S.-China trade talks in London later in the day, hoping a deal could boost the global economic outlook and fuel demand. Brent crude futures slipped 18 cents, or 0.27%, to $66.29 a barrel by 0644 GMT. China's exports growth slowed to a three-month low in May as U.S. tariffs slammed shipments, data showed, while factory-gate deflation deepened to its worst in two years, heaping pressure on the world's second-largest economy both at home and abroad.

Read More