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SYDNEY (Reuters) -Australia's corporate regulator is investigating Macquarie-backed software provider Nuix over suspicious revenue forecasts in its prospectus, as well as its former CFO for alleged insider trading, court documents show.
Thailand, another country in Asia hit hard by the pandemic, kick-started its long-awaited mass vaccination drive on Monday and is prepping plans to reopen to vaccinated foreign visitors in what could be a big boost to an economy reliant on tourism.
China's imports grew at their fastest pace in 10 years in May, fuelled by surging commodity prices, while export growth missed expectations, customs data showed on Monday.
Prices will continue to be supported by global economic recovery
KUALA LUMPUR: RHB Research has maintained its "buy" call but lowered its earnings estimates on Sunway Construction Bhd after reviewing its operating cost assumptions and rolling forward its valuations to FY22.
NEW YORK: Oil prices rose more than 1% on Monday, lifted by European economic reopenings and rising U.S. demand after prices fell earlier due to surging coronavirus cases in Asia and underwhelming Chinese manufacturing data
Oil prices were little changed on Monday, trading in a tight range as European economic reopenings offset gloom from surging Covid-19 cases in Asia, fresh restrictions and underwhelming Chinese manufacturing data.
BEIJING: China's factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world's second-largest economy.
BEIJNG (AFP): China's industrial output recorded strong growth in April after last year's pandemic-induced slump, official data showed Monday (May 17), but retail sales picked up less than expected amid uncertainty in the global economy.
Most Asian currencies rose against the dollar on Monday, with the Indonesian rupiah and Chinese yuan making significant advances, as weak US jobs data weighed on the greenback on hopes that interest rates would remain low for longer.