International Economic
Fed's Mester and ex- NY Fed's Dudley diverge on policy views
The debate around whether the US central bank's policies were too 'accommodative' or not and the cost-benefit trade off attached to them was continued on Tuesday.
US job openings hit record high in March, JOLTS survey shows
Job vacancies in the US were at their highest level in two decades in March, exceeding the pace of hiring by 2. 0m, the most on record.
Chinese hotel chain Atour plans $2bn US IPO
China's Atour is looking into a potential initial public offering in the US that could value the hotel chain at $2bn.
Opec reiterates global oil demand forecast for 2021
Opec reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
NFIB small-business optimism index advances to pandemic-era high in April
Both small and large US businesses moved to increase wages and benefits as part of an effort to attract workers amid rising demand for their goods and services, according to the National Federation of Independent Business' small-business optimism index advancing 1. 6 points in April to a pandemic-era high of 99. 8.
Tech giants call for US funding of semiconductor chip production
Top tech giants Apple, Microsoft and Google joined top chip-makers in calling for the US government to subsidise chip manufacturing amid a global supply shortage.
China's factory gate prices jump
Factory prices continued to push higher in China, rising at their fastest rate since October 2017, official data showed on Tuesday.
German investor sentiment hits best level since 2000 - ZEW
German investor sentiment improved significantly in May as the third wave of coronavirus eased, hitting its best level in more than 20 years, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.