SHANGHAI (Reuters) – China’s yuan finished the domestic session at a two-week high against the dollar on Friday, but still looked set for the worst annual performance in 28 years. The onsh[...]
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Asia
Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60% as it restructures its rain[...]
Read moreThai Q3 household debt to GDP slows but remains a risk
BANGKOK (Reuters) – Thailand’s household debt to gross domestic product ratio dropped to 86.8% in the third quarter from 88.1% in the previous quarter, central bank data showed on Friday,[...]
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Japan’s biggest banks to raise housing loan rates after BOJ’s policy tweak
TOKYO (Reuters) – Japan’s three biggest banks said on Friday they would raise interest rates for housing loans for next month, reflecting the Bank of Japan’s tweak in its ultra-loose[...]
Read moreSouth Korea to raise electricity prices for Q1 2023 by nearly 10%
SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its energy minister said on[...]
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China’s factory activity likely cooled in Dec on COVID surge: Reuters Poll
BEIJING (Reuters) – China’s factory activity is expected to have extended declines in December, a Reuters poll showed on Friday, as the end of the country’s “zero-COVID”[...]
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China central bank makes biggest weekly short-term cash injection since 2019
SHANGHAI (Reuters) – China’s central bank stepped up liquidity support this week by making the biggest weekly cash injection through a short-term bond instrument since 2019 to help financi[...]
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South Korea Dec inflation steady at 5.0%, as expected
SEOUL (Reuters) – South Korea’s consumer prices in December rose 5.0% from a year earlier, official data showed on Friday, matching market expectations and the pace seen in November. The c[...]
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Wall Street surges in dip-buying rally, oil falls
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently battered mega-cap growth stocks, while crude oil prices declined as a surge o[...]
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