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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

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

Foxconn’s COVID-hit China plant close to resuming full production -sources

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

Tesla’s China head Tom Zhu takes over sales in North America- Electrek

BY Reuters  • January 3, 2023January 3, 2023
(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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Asia Business Top News US

Marketmind: China in spotlight as 2023 properly gets going

BY Reuters  • January 2, 2023January 2, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Global market trading properly kicks into gear on Tuesday, with the latest insight into how China[...]
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Asia Australia Business Economy US
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Remittances to Mexico drop in November amid economic crunch fears

BY Reuters  • January 2, 2023
(Reuters) – Remittances to Mexico from abroad dropped in November to $4.8 billion after a series of record months, data from the Mexican central bank showed on Monday, amid fears of a global eco[...]
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Central America Economy Latin America Politics US

Stocks edge higher as darker forecasts loom

BY Reuters  • January 2, 2023January 2, 2023
By Nell Mackenzie (Reuters) -World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International Monetary Fund’[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar creeps up in subdued start to new year

BY Reuters  • January 2, 2023January 2, 2023
By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The U.S. currency has weakened as markets bet a Feder[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Global economy faces tougher year in 2023, IMF’s Georgieva warns

BY Reuters  • January 1, 2023January 1, 2023
By Dan Burns (Reuters) -For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakeni[...]
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Asia Business Economy Updated US
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