China’s factory activity expanded for a second consecutive month in April but at a slower pace, an official gauge showed, suggesting that the vast manufacturing sector might have lost some steam amid economic headwinds.
Bonza, a startup low-cost carrier in Australia that competed with local heavyweights Qantas and Virgin Australia on some routes, is temporarily suspending flights as it discusses the ongoing viability of its business.
Oil edged lower in the early Asian session, weighed by cease-fire hopes in the Middle East that could reduce potential oil supply disruptions in the region.