Market

U.S. recession fears darken outlook for Japan, global factories

Tokyo, June 23 (BNA): Japan’s factory activity growth slowed to a four-month low in June as China’s COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing headwinds amid growing risks to the outlook from a potential…

Market

Asia shares struggle, oil falls as recession fears linger

Beijing/Hong Kong, June 23 (BNA): Asian shares wobbled while commodity prices fell on Thursday as mounting worries about the risks of a global recession amid aggressive rate hikes by the Federal Reserve kept broad investor sentiment fragile. MSCI’s bro…

Market

CBB’s Monthly Issue of Treasury Bills oversubscribed by 161%

Manama, June 22 (BNA): Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 161%.The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the governm…

Market

EU seeks to heal, bring back nature with landmark law

Brussels, June 22 (BNA): The European Commission will on Wednesday propose legally binding targets to restore nature across the EU, in an attempt to recover plunging wildlife populations and repair degraded habitats.European Union environment policy ch…