(Reuters) – The Bank of Japan shocked markets on Tuesday with a surprise tweak to its bond yield controls that allows long-term interest rates to rise further, a move aimed at easing some of the[...]
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December 20, 2022
Two Chinese property developers to raise funds via discounted share sales
HONG KONG (Reuters) – CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such[...]
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Japan likely to issue $258 billion bonds for FY2023/24 budget -sources
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) – Japan is arranging the issue of new government bonds of around 35.5 trillion yen ($258.52 billion) for the fiscal 2023/24 annual budge[...]
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The hardest part is yet to come for gas-hoarding Europe
By Susanna Twidale, Marwa Rashad and Emily Chow (Reuters) – Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are likely to stay hi[...]
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Wall Street falls fourth straight day as recession worries nag
By Sinéad Carew and Sruthi Shankar (Reuters) – Wall Street closed lower on Monday for a fourth straight session with Nasdaq leading declines as investors shied away from riskier bets, worried th[...]
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Crypto firm Voyager to sell assets to Binance.US in $1 billion deal
(Reuters) -Crypto firm Voyager Digital Ltd said on Monday it will sell its assets to Binance.US in a deal valued at about $1 billion following a review. Palo Alto, California-based Binance.US, which o[...]
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Australia seeks to resolve China trade woes as foreign minister heads to Beijing
By Renju Jose SYDNEY (Reuters) -Australian Foreign Minister Penny Wong said on Tuesday she will push China to lift trade sanctions, but tempered expectations of any immediate breakthrough ahead of a m[...]
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Australia’s central bank considered pausing hikes at Dec meeting, still sees more ahead
SYDNEY, Dec 20 (Reuters) – Australia’s central bank considered leaving interest rates unchanged at its December policy meeting, citing the lagged effects of the aggressive tightening deliv[...]
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Australian stock exchange’s blockchain failure burns market trust
By Byron Kaye SYDNEY (Reuters) – In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs the Australian stock exchange, told traders, sh[...]
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