• Budweiser APAC Bets On Post-COVID China Thirst For Premium Beer

    Budweiser APAC Bets On Post-COVID China Thirst For Premium Beer0

    Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into more Chinese cities with its premium products as it sees a rebound in demand after the country lifted its COVID-19 curbs. In December, China suddenly dropped its strict three-year-old zero-COVID policy, which had battered business at bars and

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  • Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build

    Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build0

    • oil
    • February 9, 2023

    Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, while U.S. crude inventories also logged a seventh straight week of builds. Hawkish overnight comments from Federal Reserve officials saw markets reassessing their outlook for U.S. interest rate hikes this

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  • Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation

    Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation0

    • Asia
    • December 14, 2022

    Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday after data showed U.S. consumer price index (CPI) inflation eased more than

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