Bargains begin luring big banks back to China bets for 2023
By Summer Zhen and Tom Westbrook HONG KONG (Reuters) -As Chinese assets whipsaw around hopes and fears over the country’s path out of the pandemic, big offshore investors are slowly…
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By Summer Zhen and Tom Westbrook HONG KONG (Reuters) -As Chinese assets whipsaw around hopes and fears over the country’s path out of the pandemic, big offshore investors are slowly…
BEIJING (Reuters) – China’s services activity shrank to six-month lows in November as widening COVID containment measures weighed on demand and operations, a private-sector business survey showed on Monday, pointing…
TOKYO (Reuters) -Japan’s service sector activity grew in November at the slowest pace in three months, as relentless inflation dampened a part of the economy that was benefiting from the…
SEOUL (Reuters) – South Korean President Yoon Suk-yeol renewed his pledge to focus all government resources on boosting exports, saying in a speech on Monday that exports had been and…
SEOUL (Reuters) – South Korea’s exports in 2023 are expected to post their first fall since 2020, on weakening IT demand, falling oil prices and a delay in global economic…
(Reuters) – Investors including Saudi Arabia’s crown prince and a U.S. private-equity firm run by a former Barclays CEO have shown interest in investing $1 billion or more in Credit…
(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix” issues arising from U.S. legislation that includes subsidies for American-made products,…
BRUSSELS (Reuters) – The Group of Seven nations, Australia and the 27 European Union countries imposed on Dec. 5 a price cap on Russian crude oil transported by ships, aiming…
By Tom Westbrook and Georgina Lee SINGAPORE/HONG KONG (Reuters) -It’s what is known in the markets as a “tail risk”: a highly unlikely scenario in which Hong Kong’s currency peg…
SAO PAULO (Reuters) – Brazil’s Real Madrid forward Vinicius Jr is trying to terminate his sponsorship agreement with Nike Inc, website UOL reported on Sunday, saying the player feels he…
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc’s Google and Meta…
(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ crypto exchange Gemini $900 million, the Financial Times reported on Saturday. Crypto…
By Makiko Yamazaki TOKYO (Reuters) -Singapore-based hedge fund 3D Investment Partners got two of its nominees on the board of software developer Fuji Soft Inc on Sunday, in the latest…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Interest rate decisions in Australia and India are the main set-piece events in…
SEOUL (Reuters) – South Korea’s foreign exchange reserves increased in November for the first time in four months and by the largest amount in 13 months, central bank data showed…
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will launch a domestic debt exchange on Monday, its Finance Minister Ken Ofori-Atta said, expressing confidence that the move would…
KYIV (Reuters) – Moldova’s central bank said on Sunday that it will hold an extraordinary meeting on Monday to assess its main policy indicators, including its key rate. Moldova’s key…
PARIS (Reuters) -The European Central Bank should raise interest rates by 50 basis points (bp) on Dec. 15, French central bank chief Francois Villeroy de Galhau said on Sunday, reinforcing…
DUBAI (Reuters) – Saudi Arabia’s stock exchange said on Sunday it was launching a market-making framework for its stock and derivatives markets to help ensure liquidity and raise price-determination efficiency.…
ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it easier to settle small payments with cash rather than cards,…
BRUSSELS (Reuters) -The EU will adapt its state aid rules to prevent an exodus of investment triggered by a new U.S. green energy subsidy package, the bloc’s chief executive said…
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought but…
By David Randall NEW YORK (Reuters) -Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold as potential havens during a recession, as worries grow that…
(Reuters) – Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing premature death and illness, the World Bank said on Sunday. Pollution…
TOKYO (Reuters) – Even as cost-push factors boost inflation, global central banks must be vigilant to the risk of “Japanification”, in which their economies face prolonged low inflation and stagnation,…