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China’s factory-gate deflation eases

  Bloomberg China’s factory-gate deflation eased for the sixth straight month, adding to evidence that falling prices have turned a corner after more than four years of declines. The producer-price index fell 2.6 percent, compared with a 2.8 percent drop a month earlier, the National Bureau of Statistics said on Sunday. The decline was the smallest since late 2014. The ...

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Bid for technology dominance is making Israeli company rich

  Bloomberg Has China bitten off more than it can chew when it comes to making chips? That’s where Orbotech Ltd comes in: To make sure the billions are well spent. Orbotech makes inspection and repair tools that help factories avoid errors as they pump out increasingly complex chips for smartphones and tablets. Its market capitalization surpassed US$1 billion in ...

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Oil currency breaks ranks as Azeris can’t quench dollar need

  Bloomberg As higher energy prices buoy currencies of commodity producers, one is swimming against the tide. Even after losing more than half its value against the dollar in two devaluations last year, Azerbaijan’s manat is struggling to find a bottom. In fact, it just had its worst month since the height of the crisis in oil markets in January. ...

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