By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Major central banks ramped up interest rates at the fastest pace and biggest scale in at least two decades in 2022 as policy makers we[...]
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Asia
Equity funds record largest ever weekly outflows -BofA
By Lucy Raitano LONDON (Reuters) – Investors shed stocks at the highest weekly rate ever in the week to Wednesday, selling a net $41.9 billion of equities, according to a report from BofA Global[...]
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Morning Bid: Wall Street on Santa’s naughty list
A look at the day ahead in U.S. and global markets from Amanda Cooper. This year, it looks like Santa Claus has no plans to visit Wall Street. The S&P 500 is on course for its third weekly decline[...]
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Marketmind: Grinch (re)appears
A look at the day ahead in European and global markets from Ankur Banerjee Ignoring a hawkish Fed, investors attempted the briefest of Santa rallies this week but revised U.S. GDP data and relatively[...]
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Volatile rouble falls again, cutting short slight recovery
MOSCOW (Reuters) – The Russian rouble weakened in early trade on Friday, cutting short a slight recovery in the previous session as fears over oil and gas sanctions unnerved markets, though it g[...]
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Tencent chief blasts managers in fiery townhall – sources
By Josh Ye HONG KONG (Reuters) – The founder of Chinese tech giant Tencent Holdings Ltd told employees many “corruption” issues had been discovered within the company and mismanagement was drain[...]
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Apple’s Australian workers go on Christmas strike demanding better wages, work terms
(Reuters) – Apple Inc’s workers in Australia initiated a strike Friday afternoon, demanding better working conditions and wages, a workers’ union said, a move that might dent sales o[...]
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Japan’s consumer inflation hits fresh 40-year high, eyes on BOJ policy
By Leika Kihara TOKYO (Reuters) – Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes[...]
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Tesla shares tank after U.S. discounts doubled on key models
By Hyunjoo Jin (Reuters) -Tesla Inc shares tanked on Thursday after the luxury electric car maker started offering $7,500 discounts on Model 3 and Model Y vehicles delivered in the United States this[...]
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