The Russian rouble weakened on Tuesday against the dollar and euro in the first session of the year in Moscow amid light trading volumes during public holidays in Russia. At 0705 GMT the rouble slid b[...]
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Asia
Gloom and boom: Fund managers’ top picks for 2023
By Naomi Rovnick, Alun John and Marc Jones (Reuters) – King Dollar’s reign (definitely) coming to an end, bonds bouncing and emerging markets rising again are just some of the trades inter[...]
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Marketmind: Making waves
A look at the day ahead in European and global markets from Tom Westbrook The first trading day for most major markets in Asia was a choppy one, as investors grappled with the contradictory implicatio[...]
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Evergrande chairman says 2023 crucial for home delivery, debt repayment
HONG KONG (Reuters) – This will be a “crucial year” for China Evergrande Group to fulfil home delivery to buyers, company Chairman Hui Ka Yan said in a letter to employees on New Yea[...]
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Bank of Korea working hard to ensure economy’s soft landing -governor
SEOUL (Reuters) – South Korea’s central bank governor said on Tuesday the bank will do its best to ensure a soft landing for the economy amid significant internal and external uncertainty.[...]
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China Dec factory activity extends declines on COVID surge – Caixin PMI
BEIJING (Reuters) – China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed an[...]
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Foxconn’s COVID-hit China plant close to resuming full production -sources
By Yimou Lee TAIPEI (Reuters) -Foxconn’s COVID-hit iPhone plant in China’s Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans[...]
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Singapore’s economy topped forecasts in 2022 but new risks growing
By Chen Lin SINGAPORE (Reuters) – Singapore’s economy grew faster that official forecasts in 2022 but slower activity in the fourth quarter points to significant risks ahead for the city-s[...]
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Tesla’s China head Tom Zhu takes over sales in North America- Electrek
(Reuters) – Tesla Inc’s head of China, Tom Zhu, has taken over responsibilities for sales, service and deliveries in North America, Electrek website reported on Monday, citing sources fami[...]
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