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Dollar pushes higher, eyes on inflation data
The dollar clawed its way higher on Monday, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. economic data.
China April home prices fuel hopes of bottoming out, but long road to recovery
China's new home prices fell for the eighth consecutive month in April from a year earlier but were flat from March, adding to hopes that a property downturn which is weighing heavily on the economy is beginning to bottom out.
U.S. airlines group expects busiest summer travel season ever
Summer travel on U.S. airlines is expected to reach an all-time high this year on the wings of a strong U.S. economy, Washington-based trade group Airlines for America said on Monday.
Amid China slowdown, foreign creditors face bankruptcy riddle
As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country's unpredictable court system.