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Oil prices are tumbling as markets see signs of weakening demand amid stronger supply. It’s good news for consumers, but a financial hit for oil-producing nations — and Alaska. Crude oil prices have fallen to their lowest level in more than six months, pulling down Alaska North Slope crude into the high $90s as of Tuesday’s close — a drop of nearly 25% from this year’s peak in

External demand likely stayed resilient in July, providing continued support for China’s economy after the record trade surplus in June.

Surging consumer inflation may have been the catalyst, but the unfolding crisis has been decades in the making. Click here to read more.

ASIA: China’s economy showed some improvement in June as Covid restrictions were gradually eased, although the recovery remains muted. Economic activity picked up in June after financial hub Shanghai lifted its lockdown, allowing businesses to restart and most residents to leave their homes. That can be seen in a rebound in small business confidence, which

ASX futures point to strong share market opening today, China's economy sees muted improvement in June, 30% of homes listed for auction last week withdrawn, + MORE.