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China economic data for April miss expectations as demand cools
China economic data for April miss expectations as demand cools
by  AFP

China's economic data for April missed expectations last month, official figures showed Tuesday, as low demand and high youth unemployment led to a patchy recovery after lifting strict Covid rules. Low domestic demand despite low inflation has slowed China's economic recovery.

Asian markets wobble as US struggles to reach debt deal
Asian markets wobble as US struggles to reach debt deal
by  AFP

Equities were mixed in Asia on Tuesday as traders grow increasingly concerned that US lawmakers remain far apart in their bid to raise the country's borrowing limit to avert a default. US President Joe Biden, who has expressed confidence the two sides can bridge the gap, is scheduled to meet with McCarthy and other congressional leaders at the White House later Tuesday.

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