By Brijesh Patel (Reuters) – Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China threaten demand growth and offset the impact of su[...]
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December 30, 2022
Global equity funds see outflows for an eighth straight week
(Reuters) – Global equity funds posted net outflows for an eighth straight week in the seven days to Dec. 28 as a stronger than expected U.S. GDP reading raised worries that U.S. interest rates[...]
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How 2022 shocked, rocked and rolled global markets
By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has[...]
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China central bank promises more policy support for economy
BEIJING (Reuters) – China’s central bank said on Friday it will step up implementation of its “prudent” monetary policy to support the economy hurt by the COVID-19 pandemic, ke[...]
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Southwest promises refunds as airline sees ‘certain’ financial impact
By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -Southwest Airlines promised to reimburse passengers for expenses such as hotels and car rentals in addition to refunding tickets after it can[...]
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Indonesia issues emergency regulation to replace jobs law
By Ananda Teresia and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s President Joko Widodo signed an emergency regulation on Friday to replace a controversial job creation law that a court had ru[...]
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Putin says Russia now one of China’s leading oil and gas suppliers
MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday that Russia had become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic metres of gas shipped to[...]
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High inflation here to stay for coming months, says German industry
BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of 2% will only become feasible by the middle of the deca[...]
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Turkey cenbank targets 60% lira deposits in banks by mid-2023
By Nevzat Devranoglu and Ezgi Erkoyun ANKARA (Reuters) -Turkey’s central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next[...]
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