World Food Prices End Year-Long Slide to Stoke Inflation Risk
Global food prices rose for the first time in a year, just as the rampant run-up in grocery costs begins to cool in some countries.
Bloomberg Business
Thai Opposition Parties on Course to Sweep Election, Poll Shows
Thailand’s opposition parties are heading for a sweep of the May 14 general election, with Pheu Thai, a party linked to former Prime Minister Thaksin Shinawatra, poised to secure a clear majority in the lower house, according to a voters survey.
The 13Â Most Anticipated Movies of Summer 2023
From the return of Indiana Jones to Greta Gerwig’s Barbie, here’s what’s to see from May through August.
Tesla China Deliveries Drop in Sign Price War Is Taking Its Toll
Shipments from Tesla Inc.’s Shanghai facility dropped in April, a sign consumers may be casting around for other electric vehicles as manufacturers across the country drop their prices.
Short Sellers Flocking to US Banks Are Risking a Painful Squeeze
Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers.
US Futures Climb Before Jobs; Regional Banks Gain: Markets Wrap
US equity futures edged higher as investors awaited jobs data for clues on the strength of the economy and assessed whether turmoil among American regional banks will help bring forward a Federal Reserve rate cut. The dollar pared a decline.
Japan to Deepen Ties With Mozambique Through Gas Investment
Japanese investors will be supported to increase investment in natural-gas projects in Mozambique as the Southeastern African country aims to develop giant offshore projects, Prime Minister Fumio Kishida said.
Magnitude 6.5 Quake Hits Japan West Coast; No Tsunami Threat
A powerful 6.5-magnitude earthquake struck Ishikawa Prefecture on Japan’s west coast, the Japan Meteorological Agency said Friday. Three buildings collapsed in the coastal city of Suzu on the tip of the Noto Peninsula, and one man fell from a ladder and has no vital signs, according to the country’s disaster management agency.
The Real Oil Market Shows $20-a-Barrel Price Collapse Is Excessive
Crude markets have suffered a disastrous few weeks, dragged down by alarm over the wider economy. But real oil demand still looks strong enough to foster a rebound in prices.
Chinese Resort Island at Center of Alleged Green Fuel Fraud
A tropical island off southern China, best known for its sandy beaches and luxury hotels, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.