Monday, May 29, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Rise on AI-Fueled Rally, Bonds Gain: Markets Wrap

[Yahoo/Bloomberg] Miserable May Is Dashing Hopes for a Rebound in Chinese Stocks

[Yahoo/Bloomberg] Oil Falls Amid Risk-Off Mood and Doubts of Further OPEC+ Curbs

[AP] Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support

[Reuters] US debt ceiling deal to face its first test in Congress

[Yahoo/Bloomberg] Debt-Limit Deal Faces Final Test in Congress to Avert US Default

[Reuters] US holiday air passenger travel tops 2019 pre-COVID levels

[Yahoo/Bloomberg] China’s Manufacturing Sector Improved in May, Surveys Show

[Yahoo/Bloomberg] Niche Commodities Sound Alarm in Every Corner of China’s Economy

[Reuters] BOJ chief says to patiently keep ultra-easy policy

[Yahoo/Bloomberg] Japan Finance Officials to Hold Meeting as Yen Drops

[Reuters] China declines US request for a meeting between defense chiefs

[Reuters] Ukraine war comes to Moscow as drones strike both capitals

[Reuters] ECB warns of hit to top European banks if funds run into trouble

[WSJ] Office Owners Dump Lesser Buildings for Whatever They Can Get

[WSJ] Company Insiders Made Billions Before SPAC Bust

[WSJ] China’s Fading Recovery Reveals Deeper Economic Struggles

[FT] Wall Street banks re-enter junk debt market

[FT] Turkey’s lira weakens as economists warn of Erdo─čan’s ‘unsustainable’ policies

Monday Evening Links

[Yahoo/Bloomberg] Asia Stocks Set for Cautious Open Before Debt Vote: Markets Wrap

[Reuters] Republicans speak out against US debt-ceiling deal, in sign of rocky road ahead

[Politico] McCarthy rallies support for debt deal amid hints of mutiny

[Reuters] Biden and McCarthy's bumpy journey to a debt ceiling deal

[CNBC] China’s youth unemployment hits a record high, deepening its economic scars

[Reuters] Japan's jobless rate falls to 2.6% in April

[Yahoo/Bloomberg] BOJ to Build Case for Big Move in Latter Half of 2024, BE Says

[Reuters] Japan puts missile defences on alert as North Korea warns of satellite launch