Wealth Growth Daily

Asia

World shares advance but face most monthly losses since 2008

BY Reuters  • December 21, 2022December 21, 2022
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in December, and the dollar regained stability after the Bank of Japan[...]
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Asia Australia Business Economy Europe Updated US

Analysis-Japanese insurers likely to provide tailwind to yen as BOJ shifts

BY Reuters  • December 21, 2022December 21, 2022
By Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) – Japan’s gargantuan life insurers appear capable of weathering paper losses in domestic bond holdings triggered by this week’s sur[...]
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Asia Business Economy

Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave

BY Reuters  • December 21, 2022December 21, 2022
By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure could steadily cripple the coun[...]
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Asia Business Economy Europe Politics Technology Updated US

Hybrid wheat hitting U.S. fields as war, climate threaten global food supplies

BY Reuters  • December 21, 2022December 21, 2022
By Tom Polansek and Julie Ingwersen CHICAGO (Reuters) – Global seed maker Syngenta will release a new type of wheat developed with complex cross-breeding techniques in the United States next yea[...]
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Asia Business Environment Europe Science Top News Updated US

Putin oversees launch of Siberian gas field feeding pipeline to China

BY Reuters  • December 21, 2022December 21, 2022
(Reuters) – Russian President Vladimir Putin presided over the launch of a major new Siberian gas field on Wednesday to help drive a planned surge in supply to China. The Kovykta gas field will[...]
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Asia Business Economy Europe Politics

Kirin seeks more North American craft beer factories after strong growth

BY Reuters  • December 21, 2022December 21, 2022
By Miho Uranaka TOKYO (Reuters) – Kirin Holdings, Japan’s second-largest brewer by sales, is looking to buy factory facilities in North America to maintain strong growth in the region[...]
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Asia Business Economy US

Indonesia confirms bauxite export ban to proceed as scheduled

BY Reuters  • December 21, 2022December 21, 2022
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesian President Joko Widodo on Wednesday confirmed an export ban for bauxite starting in June next year as scheduled, to enc[...]
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Asia Business Economy Politics

Analysis-Kuroda’s abrupt policy tweak opens door for bigger shift next year

BY Reuters  • December 21, 2022December 21, 2022
By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s surprise decision to loosen the grip on its yield cap marks the beginning of an end to Governor Haruhiko Kuroda’s controversial[...]
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Asia Business Economy

Corporate China struggles with supply snags, demand slump as COVID cases spread

BY Reuters  • December 21, 2022December 21, 2022
By Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country roughly the size of Europe, th[...]
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Asia Business Economy
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