Australia’s weighted inflation rate is expected to rise 5.2% year on year in August, a rebound from three straight months of decline.
crude are on pace for their first straight month of price gains. That means, if it holds, both will have climbed in price every month of the third quarter.
WTI has gained about 26.1% since the quarter began, while Brent has climbed around 23.8% in the same period. With those advances, both are on pace to post their best quarters since the first quarter in 2022.shares were down more than 1% after a European Union trade official told The Financial Times that the company, along with other carmakers in Europe that export from China, will face an investigation over whether the EV makers are unfair subsidies.
"Strictly speaking, it's not limited only to Chinese brand electrical vehicles, it can be also other producers' vehicles if they are receiving production-side subsidies," EU executive vice-president Valdis Dombrovskis told
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Philippines to remove barrier placed by China in South China Sea - national security advisorThe Philippines will take 'all appropriate actions to cause the removal of barriers' in a disputed area of the South China Sea, the country's national security advisor, Eduardo M. Año, said on Monday.
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Fishing net dispute escalates China-Philippines tensions in the South China SeaTensions between China and the Philippines are escalating once again.
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Filipino diver with a knife helps remove floating barrier installed by China in South China SeaA floating barrier installed by China to prevent Filipino boats from fishing in a disputed area of the South China Sea has been removed, Philippine authorities said Monday, the latest flashpoint between Manila and Beijing over their competing maritime claims.
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Asia markets mixed as investors look to inflation data across the regionSingapore’s August inflation figures are expected Monday, while Australia will release its inflation data on Wednesday and Japan on Friday for the Tokyo region.
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