Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.
Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.
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| Markets in the Asia-Pacific traded lower while investors looked for clarity after China signaled slight easing of its stringent Covid restrictions. |
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| Hong Kong's economy has been battered by Beijing's prolonged zero-Covid policy that has shut out travelers from mainland China and dampened consumer confidence. |
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| The European Union on Friday agreed to cap Russian oil prices at $60 a barrel, after several days of intense negotiations over an appropriate level. |
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| Goldman has identified a new opportunity in electric vehicles and revealed a key stock to play it. |
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TODAY'S GUEST HIGHLIGHTS ON CNBC |
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| | Global Head of Commodities Research
Citi OPEC+ Meeting |
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| | CEO Abrdn Malaysia Malaysia Markets | |
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| | Head of Research Energy Aspects OPEC |
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