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China withdrawal could see 2023 Asian Cup heading west | Malay MailMELBOURNE, May 16 — China’s withdrawal from hosting the 2023 Asian Cup could see the showpiece shift west to the Gulf, where new infrastructure and voracious demand for major events has made the region a magnet for international tournaments. Having planned to hold the Asian Cup across 10 cities...
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Dollar perched at two-decade high on weak China data | Malay MailLONDON, May 16 — The US dollar consolidated gains near a two-decade peak today as poor Chinese economic data hurt cyclical currencies including the British pound and the Australian dollar lower. While expectations of a hawkish Federal Reserve have been instrumental in fuelling a dollar rally that...
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European shares fall after China data adds to growth woes | Malay MailLONDON, May 16 — European stock indexes opened lower today, after oil prices slid and riskier currencies took a hit during the Asian session as unexpectedly weak economic data from China highlighted fears about a slowdown in growth. China’s April retail sales plunged 11.1 per cent on the year,...
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