Marketing
Chip rally drives Asian shares up, but US debt talks caution stays

Breadcrumb Trail Links PMN Business Author of the article: Published May 22, 2023  •  3 minute read Article content SYDNEY — Asian stocks rose on a rally in regional chip shares on Monday after China banned some purchases from Micron Technology, while Wall Street futures struggled as U.S. debt ceiling negotiations approached crunch time after […]

Updated: May 22, 2023
Polls open in Greece’s first election since international bailout spending controls ended

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Elena Becatoros Published May 21, 2023  •  4 minute read Article content ATHENS, Greece (AP) — Polls have opened in Greece’s parliamentary election, the first since the country’s economy ceased to be subject to strict supervision and control by international lenders who had […]

Updated: May 21, 2023
G-7 Seeks Stable China Ties While ‘De-risking,’ Communique Says

Breadcrumb Trail Links PMN Business Group of Seven leaders said they wanted “constructive and stable” relations with China even as they pushed ahead with steps to reduce dependence on Beijing for critical supply chains, according to a copy of the final communique seen by Bloomberg News. Author of the article: Bloomberg News Alberto Nardelli Published […]

Updated: May 20, 2023
Ukrainian firms venture abroad for growth as war hits home

Breadcrumb Trail Links PMN Business Author of the article: Published May 19, 2023  •  4 minute read Article content KYIV — Almost as soon as Russia invaded Ukraine last year, Ukrainian businessman Rostyslav Vovk realized he needed to look beyond the country’s borders to keep his pet food company growing. The ongoing conflict has prompted […]

Updated: May 19, 2023
Why is the US dollar so strong again?

Breadcrumb Trail Links PMN Business Author of the article: Published May 18, 2023  •  3 minute read Article content LONDON — If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2% bounce over the last month particularly confusing. U.S. inflation is cooling and the […]

Updated: May 18, 2023
Asian FX stumbles on US debt ceiling talks, China data

Breadcrumb Trail Links PMN Business Author of the article: Published May 17, 2023  •  2 minute read Article content Asian currencies struggled to advance against the U.S. dollar on Wednesday, as softer Chinese economic Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network […]

Updated: May 17, 2023
Dollar weighed down by US default risks; Aussie, yuan hurt by weak China data

Breadcrumb Trail Links PMN Business Author of the article: Published May 16, 2023  •  2 minute read Article content TOKYO — The U.S. dollar remained under pressure on Tuesday, weighed down by the risk of a U.S. default as a standoff between Democrats and Republicans over raising the debt ceiling showed few signs of being […]

Updated: May 16, 2023
Million-ounce deficit looms over platinum market, WPIC says

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Published May 15, 2023  •  2 minute read Article content LONDON — A global deficit of platinum in 2023 will be 77% larger than previously expected due to Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, […]

Updated: May 15, 2023
Powerful cyclone barrels towards Myanmar, Bangladesh; 400,000 evacuated

Breadcrumb Trail Links PMN Business Author of the article: Published May 14, 2023  •  2 minute read Article content DHAKA — A powerful storm closed in on the coasts of Bangladesh and Myanmar on Sunday, forcing the evacuation of hundreds of thousands of people to safer locations, many from frail homes in low-lying areas. Cyclone […]

Updated: May 14, 2023
Russia’s war on Ukraine latest: Ukraine retakes land around Bakhmut

Breadcrumb Trail Links PMN Business Author of the article: Published May 13, 2023  •  2 minute read Article content Moscow acknowledged on Friday that its forces had fallen back north of Ukraine’s battlefield city of Bakhmut after a new offensive, in a retreat that the head of Russia’s Wagner private army called a rout. CONFLICT […]

Updated: May 13, 2023