Tech shares slipped and short-term Treasury yields jumped on Tuesday as investors expect inflation to prompt interest rate hikes, with a hotter-than-forecast reading in Australia the latest sign of prices pressuring central bankers to act. The Australian dollar also rose about 0.4% and short-dated Aussie government bonds sold heavily after the data release, which showed Australian core inflation hitting a six-year high. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5% - although it remains on course for its best month of the year - led by tech shares falling in Hong Kong.
The booming and controversial solar industry in China's far-west Xinjiang region has weathered many storms. Despite tariffs, rising production costs and human rights sanctions, it pumps out almost half of the world's polysilicon, the shiny material that lets solar panels turn sunlight into electricity. The region has almost everything it needs to do the job as fast and as cheaply as possible, from mines to factories to labour - except for one crucial raw material that exists in just a handful of
Selling gold jewelry and coins can be daunting with hucksters abounding. Here’s how to avoid being scammed.