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Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes...

GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV

General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM's electric Cadillac Lyriq to allow it to qualify for federal...

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin

Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented...

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and...

Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy...

Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low

Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and expectations of smaller rate...

Asia FX inches Higher Ahead of Powell speech, China optimism Fades

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak...

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