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On June 5, Xi Jinping, General Secretary of the CPC Central Committee and President of China, and Thongloun Sisoulith, General Secretary of the Lao People's Revolutionary Party Central Committee and President of Laos, attended a signing ceremony at t

2026-06-05

On June 5, Xi Jinping, General Secretary of the CPC Central Committee and President of China, and Thongloun Sisoulith, General Secretary of the Lao People's Revolutionary Party Central Committee and President of Laos, attended a signing ceremony at the Great Hall of the People in Beijing.

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2026-06-05

U.S. nonfarm payrolls rose 172,000 in May, the Labor Department said on Friday, with April revised up from 115,000 to 179,000, extending two months of solid gains. The unemployment rate held at 4.3% for a third month. The improvement mainly reflects

U.S. nonfarm payrolls rose 172,000 in May, the Labor Department said on Friday, with April revised up from 115,000 to 179,000, extending two months of solid gains. The unemployment rate held at 4.3% for a third month. The improvement mainly reflects still-low layoffs; economists describe the market as in a “low hiring, low firing” equilibrium. There are no signs the Middle East conflict has pushed oil or Strait of Hormuz shipping costs high enough to materially affect U.S. jobs, and the stronger payrolls could give the Fed more room to keep rates on hold amid Iran-related inflationary upside.
2026-06-05

Philippine consumer price inf eased to 6.8% YoY in May from 7.2% in April, below the 7.8% median survey and the PHILIPPINE C.BANK's prior 7.1%-7.9% projection for May. Preliminary extension of a U.S.-Iran ceasefire has pushed global energy prices dow

Philippine consumer price inf eased to 6.8% YoY in May from 7.2% in April, below the 7.8% median survey and the PHILIPPINE C.BANK's prior 7.1%-7.9% projection for May. Preliminary extension of a U.S.-Iran ceasefire has pushed global energy prices down, easing imported fuel pressure for the Philippines, which sources over 90% of its oil from the Middle East. PHILIPPINE C.BANK governor Eli Remolona said policymakers will closely monitor incoming inf data ahead of the June 18 meeting to decide whether a policy rate increase is needed.
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