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Asia

Turkish central bank includes other financial firms in securities regulation

BY Reuters  • December 31, 2022December 31, 2022
ANKARA (Reuters) – The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its “liraization strategy” which will be introd[...]
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Asia Economy Europe Middle East

Taiwan to plough $12 billion in excess tax revenue back into economy in 2023

BY Reuters  • December 31, 2022December 31, 2022
TAIPEI (Reuters) – Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks, including subsi[...]
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Asia Business Economy Technology US

Coal, gas lead 2022 commodities rally; recession clouds new year

BY Reuters  • December 30, 2022December 30, 2022
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Coal and natural gas markets ended 2022 with strong gains on Friday after a global energy crisis triggered by the Russia-Ukraine war stok[...]
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Asia Business Economy Environment Europe Updated

Stocks end 2022 with a thud; Treasury yields, oil prices rise

BY Reuters  • December 30, 2022December 30, 2022
By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes finished lower on Friday on 2022’s last trading day, while Treasury yields rose along with oil futu[...]
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Asia Australia Business Economy Europe Updated US

U.S. dollar down, still set for best year since 2015

BY Reuters  • December 30, 2022December 30, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year dominated by Federal Reserve rate hikes and fears of a[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Apple CEO Cook conveyed app store curb concerns to Japan PM – Nikkei

BY Reuters  • December 30, 2022December 30, 2022
(Reuters) – Apple Inc Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday[...]
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Asia Business Technology US

China’s Huawei sees ‘business as usual’ as U.S. sanctions impact wanes

BY Reuters  • December 30, 2022December 30, 2022
By Josh Horwitz SHANGHAI (Reuters) – Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions had[...]
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Asia Business Technology Updated

Analysis-Chinese airlines primed to take advantage of border opening

BY Reuters  • December 30, 2022December 30, 2022
By Jamie Freed and Sophie Yu SYDNEY/BEIJING (Reuters) – Chinese airlines will be the early winners of the country’s international reopening, analysts say, having kept most widebody planes[...]
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Asia Business Entertainment and Lifestyle Health Updated

Indian rupee ends down more than 10% in 2022, worst since 2013

BY Reuters  • December 30, 2022December 30, 2022
(Corrects headline and first paragraph on quantum of rupee’s fall. Deletes graphic) By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee ended 2022 as one of the worst-performing Asian c[...]
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Asia Business Economy Top News Updated
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