China’s consumer prices swing to declines in October
China’s consumer prices decline in October, as the world’s second-largest economy struggles with sluggish post-Covid recovery.
Apple co-founder hospitalized in Mexico due to possible stroke, local media reports
Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, local media outlets reported.
Laos is spiraling toward a debt crisis as China looms large
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the nation’s obligation to its biggest creditor, China.
Asia-Pacific will see the biggest jump in real salary next year. Here are the top performers
Employees in Asia-Pacific are predicted to receive the biggest real pay increase in 2024, according to ECA International.
‘Golden opportunity’: Morgan Stanley says it’s a good time to buy gold stocks — and names its top global picks
The investment bank gave one stock about 37% upside.
Want 8% yield? Buy ‘fallen angels’ in the U.S. bond market, BNP Paribas says
Its global CIO says such bonds have a much lower default risk than typical high-yield bonds. Here are some top-rated funds and ETFs, according to Morningstar.
SAG-AFTRA actors’ union reaches tentative labor agreement with Hollywood studios
Hollywood’s actors and studios have a preliminary labor agreement.
S&P 500 snaps 8-day winning streak, Dow closes 200 points lower as bond yields rise: Live updates
The S&P 500 broke its longest streak of positive sessions since 2021.
Snap conducts a small round of layoffs to its product team
Snap has conducted a round of layoffs impacting 20 product managers as part of a reorganization intended to streamline the social-messaging company.
Asia markets mostly higher; China prices shrink faster than expected
Asia-Pacific markets inch higher on Thursday after most indexes fell for two straight days, as investors shift focus to inflation data from China.
