BANGKOK (Reuters) – Thailand’s economy in November was supported by tourism while private consumption held steady, and exports weakened following a slowdown in trading partners’ econ[...]
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Asia
China’s overnight repo rate falls to new low
SHANGHAI (Reuters) – China’s overnight repo rate extended losses to a new low on Thursday, as the central bank continued to offer cash support to help financial institutions tide over the[...]
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Ex-BOJ deputy Yamaguchi emerging as next central bank head contender -Sankei
TOKYO (Reuters) – Former Bank of Japan Deputy Governor Hirohide Yamaguchi, a vocal critic of Governor Haruhiko Kuroda’s stimulus programme, is emerging as a strong candidate to become next[...]
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Philippine central bank sees Dec annual inflation at 7.8% to 8.6%
MANILA (Reuters) – Philippine inflation was likely within the 7.8% to 8.6% range in December because of upward pressures from higher electricity rates and agricultural commodities prices, the ce[...]
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U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
By Echo Wang (Reuters) – Wall Street’s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID case[...]
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Equities fall on risk aversion with 2023, China reopening in focus
By Sinéad Carew NEW YORK (Reuters) – Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from Chi[...]
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U.S.-listed Chinese tech companies cancel HK-listing plans: The Information
(Reuters) – Major U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co, have put discussions about a potential Hong Kong listing on hold, The Information reported on[...]
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Crypto exchange Kraken to stop operations in Japan
(Reuters) -U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.[...]
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What investors watch out for in emerging markets in 2023
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies suffer and dou[...]
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