Trade Snax

Updated

Russian rouble slumps again as volatile year-end trade continues

BY Reuters  • December 28, 2022December 28, 2022
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as sanctions on Russian oil and their probable impact on export revenues put[...]
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Asia Business Economy Europe Updated

Japan to make raising wages a top priority, says senior govt official

BY Reuters  • December 28, 2022December 28, 2022
By Leika Kihara TOKYO (Reuters) – Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday.[...]
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Asia Business Economy Updated

Tesla shares extend losses on demand worries in China

BY Reuters  • December 28, 2022December 28, 2022
(Reuters) – Tesla Inc shares fell 11.4% on Tuesday after a Reuters report that Tesla was planning to run a reduced production schedule in January at its Shanghai plant sparked worries of a drop[...]
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Business Updated

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

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

S&P 500, Nasdaq close lower, weighed by growth stocks

BY Reuters  • December 27, 2022December 28, 2022
By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower at the beginning of a holiday-shortened week on Tuesday, as rising U.S. Treasury yields pressured interest rate sensitive megacap sha[...]
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Asia Business Economy Top News Updated US

U.S. charges accused Mango crypto manipulator with fraud

BY Reuters  • December 27, 2022December 27, 2022
By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about $110 million in October[...]
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Business Economy Updated US
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