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Chinese Developers Struggle to Sustain Rally Amidst Government Ambivalence

Chinese developers face a setback in their market recovery efforts, as a brief rally in credit and share markets fades, reflecting investor demands for further government support within the property sector.

Rupee Surge May Be Short-Lived as Traders See Weakness Ahead

Indian Rupee jumps, but analysts expect weakness due to easing monetary policy and rising global volatility.

US Stock Futures Edge Higher After Inflation Data

US stock futures rose despite a hot inflation report showing consumer price increases exceeded expectations. Wall Street awaits Thursday's PPI and AirBnB, Roku, Coinbase earnings reports.

Trump-Putin Talks Ease Oil Supply Risk Concerns

Oil prices fall as Trump and Putin agree to talk, raising hopes of easing Russian supply disruptions

South32 exec: Trump tariffs likely bargaining chip, not long-term policy

South32 CEO views US aluminium tariffs as bargaining strategy, not long-term policy; beats estimates with $375 million profit, raises dividend

BlackRock Fund Loses Shanghai Office to Standard Chartered After Loan Default

BlackRock forfeits Shanghai office complex to Standard Chartered after loan payment missed, amid China's property downturn

Blue Origin to Cut Jobs in Restructuring Move

Blue Origin reportedly prepares for job cuts to reduce costs and prioritize rocket launches after years of research and development.

Dollar near one-week high vs yen, euro lifted by Ukraine talks

The US dollar held near a one-week high against the Japanese yen, shored up by stronger consumer prices and news of talks to end the war in Ukraine.

Egg Prices Hit Record High, Grocers Absorb Bulk of Increases

Egg prices have skyrocketed due to an outbreak of avian flu, but grocery stores are employing strategies to keep them affordable, such as using eggs as "loss leaders" and offering loyalty discounts. However, with wholesale prices continuing to rise and demand remaining strong, prices are expected to keep increasing, potentially putting a strain on consumer budgets.

Stock Futures Rise Despite Hot Inflation Data

US stock futures climbed on strong earnings, despite a hot inflation report that dashed hopes of an interest rate cut; Reddit (RDDT) and Robinhood (HOOD) reported contrasting results, while the PPI and earnings from ABNB, ROKU, and COIN are on tap Thursday.