China’s annual consumer inflation held steady at 1.2% in May 2026, coming in slightly below market expectations of 1.3%. Core inflation, which excludes volatile food and energy costs, eased to 1.1% from April’s 1.2% print. On a month-on-month basis, consumer prices decreased by 0.1%, matching consensus forecasts. Food prices slid 1.7% year-on-year, reflecting robust domestic supplies alongside mut...
China’s annual consumer inflation held steady at 1.2% in May 2026, coming in slightly below market expectations of 1.3%. Core inflation, which excludes volatile food and energy costs, eased to 1.1% from April’s 1.2% print. On a month-on-month basis, consumer prices decreased by 0.1%, matching consensus forecasts. Food prices slid 1.7% year-on-year, reflecting robust domestic supplies alongside muted consumer demand. Meanwhile, producer price index inflation accelerated to 3.9% year-on-year, matching forecasts and marking its fastest growth pace since July 2022. Factory-gate inflation was driven significantly by elevated global commodity prices and localized supply chain disruptions tied to the conflict in Iran, alongside Beijing's ongoing efforts to curb excess industrial capacity. For the first five months of 2026, the aggregate producer price index rose 1.0%, though the monthly pace slowed to a 0.5% gain from April's 1.7% increase. On Wednesday, the Shanghai Composite fell 0.4% to 3,995, while the Shenzhen Component dropped 1.4% to 15,063, and the offshore yuan firmed to around 6.77 per dollar as investors assessed the latest inflation data and their implications for China's economic outlook. ETFs: (NYSEARCA: FXI ), (NYSEARCA: KWEB ), (NYSEARCA: CQQQ ), (NASDAQ: MCHI ), (NYSEARCA: ASHR ), (NYSEARCA: YINN ), (NYSE: TDF ), (NYSEARCA: CHIQ ), (NYSEARCA: GXC ), (NYSEARCA: EWH ), (NYSEARCA: KBA ), (NYSEARCA: YANG ), (NASDAQ: CXSE ), (NYSE: CAF ), (NYSEARCA: CWEB ), (NASDAQ: PGJ ), (NYSEARCA: KURE ). Currency: ( CNY:USD ) More on China markets and economy: GXC: Deflation And Unemployment Spiral Risks For China FXI And MCHI: China Is A Perfect Example Of A Value Trap Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce China eyes $295B push to scale AI data center expansion - report Asia markets mixed on Wall Street tech cues and easing geopolitical tensions
(Bloomberg) -- SoftBank Group Corp.’s talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, people familiar with the matter said, just weeks after the Japanese conglomerate cut its initial target from $10 billion.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran Aft...
(Bloomberg) -- SoftBank Group Corp.’s talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, people familiar with the matter said, just weeks after the Japanese conglomerate cut its initial target from $10 billion.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapUS Strikes Ira
Earnings Call Insights: Cracker Barrel Old Country Store, Inc. (CBRL) Q3 fiscal 2026 Management View "Q3 results exceeded our expectations. Sales were $797 million and adjusted EBITDA came in at $40 million." (President, CEO & Director Julie Masino) "This resulted in strong improvements across important guest metrics for the third consecutive quarter." (President, CEO & Director Masino) "Our sprin...
Earnings Call Insights: Cracker Barrel Old Country Store, Inc. (CBRL) Q3 fiscal 2026 Management View "Q3 results exceeded our expectations. Sales were $797 million and adjusted EBITDA came in at $40 million." (President, CEO & Director Julie Masino) "This resulted in strong improvements across important guest metrics for the third consecutive quarter." (President, CEO & Director Masino) "Our spring menu featured the return of our Sugar Cured and Country Ham dinners to the core menu" and "our very popular Carrot Cake as an LTO." (President, CEO & Director Masino) "Cracker Barrel Rewards remains a meaningful traffic and value driver for the business" and "the program has grown to nearly 12 million members" with "member tracked sales remained above 40%." (President, CEO & Director Masino) "Retail comps outperformed restaurant comps for the first time in over 4 years." (President, CEO & Director Masino) "As a reminder, we executed a corporate restructuring completed in Q2 that is expected to deliver $20 million to $25 million in annualized G&A savings." (President, CEO & Director Masino) "In the coming weeks, we are upgrading our website to create a more frictionless and intuitive digital journey." (President, CEO & Director Masino) "We're using AI across the company to enhance our team's capabilities and to support the guest experience." (President, CEO & Director Masino) "Total revenue was $797.4 million" and "GAAP earnings per diluted share were $1.90 and adjusted earnings per diluted share were $0.29." (Senior VP & CFO Craig Pommells) Outlook "We anticipate the following for fiscal 2026. Total revenue of $3.27 billion to $3.3 billion" and "we are increasing our full year adjusted EBITDA guidance to between $120 million and $125 million." (Senior VP & CFO Pommells) "Capital expenditures are expected to be between $105 million and $115 million" and "pricing in the low 4% range, commodity inflation in the low 2% range" with "hourly wage inflation in the low 2% range." ...
An acid attack against a woman doctor has sent shock waves through Pakistan’s medical sector, sparking strikes and a protest demanding safety and justice for the victim. A man threw acid at Mahnoor Nasir at her hospital in the southern city of Quetta on Saturday, causing burns to 7 per cent of her body, according to the provincial chief minister’s office. Officers killed the suspected perpetrator,...
An acid attack against a woman doctor has sent shock waves through Pakistan’s medical sector, sparking strikes and a protest demanding safety and justice for the victim. A man threw acid at Mahnoor Nasir at her hospital in the southern city of Quetta on Saturday, causing burns to 7 per cent of her body, according to the provincial chief minister’s office. Officers killed the suspected perpetrator, Humayun Shah, a lift operator at the medical facility, at a bus station as he tried to...
HKEx CEO Bonnie Chan about the SpaceX listing says that Chinese supply chains have a very broad coverage. She speaks with Bloomberg TV's David Ingles at Bloomberg Invest 2026 in Hong Kong. (Source: Bloomberg)
HKEx CEO Bonnie Chan about the SpaceX listing says that Chinese supply chains have a very broad coverage. She speaks with Bloomberg TV's David Ingles at Bloomberg Invest 2026 in Hong Kong. (Source: Bloomberg)
Apple shifted to AMD’s graphics chips around 2015 after encountering reliability issues with some Nvidia GPUs, alongside broader disagreements over product design, technology roadmaps, and licensing.
Apple shifted to AMD’s graphics chips around 2015 after encountering reliability issues with some Nvidia GPUs, alongside broader disagreements over product design, technology roadmaps, and licensing.
格隆汇6月10日｜星展集团研究部分析师在一份报告中表示，泰国旅游业的复苏势头似乎正在增强，部分原因是来自主要短途市场的游客增加。今年前五个月，中国在短途市场中的游客数量最多，入境人数约为230万，同比增长18.4%。星展集团对泰国长期的旅游业前景依然持乐观态度，并继续看好Central Plaza Hotel和Minor International，这两家公司处于有利地位，将从旅游业复苏中获益。
格隆汇6月10日｜星展集团研究部分析师在一份报告中表示，泰国旅游业的复苏势头似乎正在增强，部分原因是来自主要短途市场的游客增加。今年前五个月，中国在短途市场中的游客数量最多，入境人数约为230万，同比增长18.4%。星展集团对泰国长期的旅游业前景依然持乐观态度，并继续看好Central Plaza Hotel和Minor International，这两家公司处于有利地位，将从旅游业复苏中获益。