Trade Snax

Economy

Gloom and boom: Fund managers’ top picks for 2023

BY Reuters  • January 3, 2023January 3, 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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Asia Business Economy Europe

Marketmind: Making waves

BY Reuters  • January 3, 2023January 3, 2023
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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Asia Business Economy Europe UK US

Evergrande chairman says 2023 crucial for home delivery, debt repayment

BY Reuters  • January 3, 2023January 3, 2023
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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Asia Business Economy

Bank of Korea working hard to ensure economy’s soft landing -governor

BY Reuters  • January 3, 2023January 3, 2023
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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Asia Economy Updated

Winklevoss says crypto broker Genesis negotiating in bad faith

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of “bad faith stall tact[...]
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Business Economy Europe Technology Top News Updated US

Saudi non-oil private sector activity eases in December

BY Reuters  • January 3, 2023January 3, 2023
DUBAI (Reuters) – Growth in Saudi Arabia’s non-oil business activity slowed to a three-month low in December, a survey showed on Tuesday, although higher sales and strong demand ensured fi[...]
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Business Economy Middle East

China Dec factory activity extends declines on COVID surge – Caixin PMI

BY Reuters  • January 3, 2023January 3, 2023
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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Asia Business Economy Technology Updated

Tesla in pole position in Norway’s race to EV goal

BY Reuters  • January 3, 2023January 3, 2023
By Victoria Klesty OSLO (Reuters) -Four out of five new cars sold in Norway in 2022 were battery powered, led by Tesla, but some in the industry say new taxes could thwart the country’s goal of[...]
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Business Economy Top News Updated

Singapore’s economy topped forecasts in 2022 but new risks growing

BY Reuters  • January 3, 2023January 3, 2023
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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Asia Business Economy Updated
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