Trade Snax

Economy

Aeroflot boss calls for ‘state protectionism’ to defend Russian aviation

BY Reuters  • December 28, 2022December 28, 2022
(Reuters) – The head of Russia’s state-controlled airline Aeroflot called on the Russian government to “balance the interests” of Russian and foreign airlines in order to suppo[...]
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Business Economy Europe Middle East Updated

Academic close to Japan’s Kuroda says BOJ moving towards policy normalisation

BY Reuters  • December 28, 2022December 28, 2022
TOKYO (Reuters) – The Bank of Japan’s decision to raise its bond-yield ceiling could be the first step toward normalising ultra-easy policy, Takatoshi Ito, a Columbia University professor[...]
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Asia Business Economy

South Korea Dec exports to fall for third month as China demand still weak- Reuters poll

BY Reuters  • December 28, 2022December 28, 2022
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely extended their falling streak to a third straight month in December, a Reuters poll showed on Wednesday, with demand from China[...]
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Asia Business Economy

Hong Kong November home prices ease to more than 5-yr low

BY Reuters  • December 28, 2022December 28, 2022
HONG KONG (Reuters) – Hong Kong private home prices dropped 3.3% in November to the lowest since August 2017, official data showed on Wednesday, as its housing market – one of the most una[...]
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Asia Business Economy

BOJ debated rising wages, fading deflation risks at Dec meeting

BY Reuters  • December 28, 2022December 28, 2022
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) policymakers saw the need to keep ultra-low interest rates but discussed growing prospects that higher wages could finally eradicate the risk of a[...]
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Economy Updated

Japan Nov factory output falls on weakening global demand

BY Reuters  • December 28, 2022December 28, 2022
By Kantaro Komiya TOKYO (Reuters) -Japanese factories slashed output for a third consecutive month in November, dragged down by weak demand for machinery products amid a deteriorating global economic[...]
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Business Economy Updated

Singaporeans hit the malls on smart shopping spree before sales tax hike

BY Reuters  • December 28, 2022December 28, 2022
By Chen Lin and Isabel Kua SINGAPORE (Reuters) – Singaporean Soif Noor has already bought furniture and appliances for his new home, four months before he can move in. Like many residents, he[...]
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Asia Business Economy Europe Updated

Instacart cuts internal valuation to $10 billion- The Information

BY Reuters  • December 28, 2022December 28, 2022
(Reuters) – Grocery delivery start-up Instacart has cut its internal valuation to $10 billion, the Information reported on Tuesday, citing two people familiar with the situation. The company, wh[...]
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Business Economy Technology US

Japan’s Nakao sees smoother path for Kuroda’s successor with BOJ policy shift

BY Reuters  • December 28, 2022December 28, 2022
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -The Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional monetary policy when Governor[...]
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Business Economy
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