Wealth Growth Daily

Asia

As Bank of Japan switches gears, roaring dollar hits the skids

BY Reuters  • December 21, 2022December 21, 2022
By Amanda Cooper LONDON (Reuters) – The dollar’s biggest bull run in 40 years may have finally come to a screeching halt, now that the world’s last dovish central bank – the Ba[...]
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Asia Business Economy Updated US

Exclusive-China to unveil new rules to rein in fund ‘greenwashing’ -sources

BY Reuters  • December 21, 2022December 21, 2022
By Selena Li and Samuel Shen HONG KONG/SHANGHAI (Reuters) – China plans to tighten rules to regulate environmentally friendly, or so-called green funds, as part of its efforts to rein in ‘[...]
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Asia Business Economy Environment Updated US

Japan warns of China’s COVID situation, cuts view on factory output

BY Reuters  • December 21, 2022December 21, 2022
TOKYO (Reuters) – Japan will pay close attention to the COVID-19 situation in China, in addition to risks from a global economic slowdown, price hikes and supply constraints, according to its mo[...]
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Asia Business Economy

Marketmind: Asia reels from BOJ shock

BY Reuters  • December 20, 2022December 20, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. In many ways, the Bank of Japan’s bolt from the blue on Tuesday was the perfect bookend to what[...]
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Asia Business Economy US

Wall Street ends green, dollar dips, Treasury yields rise on BOJ policy shift

BY Reuters  • December 20, 2022December 20, 2022
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed higher on Tuesday in a modest reversal of a four-day sell-off, but the greenback lost altitude and bond yields jumped in the wake of an un[...]
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Asia Australia Business Economy Europe Top News Updated US

Tesla falls on growing angst over Musk’s focus on Twitter

BY Reuters  • December 20, 2022December 20, 2022
(Reuters) – Shares of Tesla Inc fell nearly 6% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker’s stock, citing the risk from Elon Musk’s[...]
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Asia Business Economy Technology Updated US

U.S. feeling impact of China COVID changes, can ‘power through it’ -Treasury’s Adeyemo says

BY Reuters  • December 20, 2022December 20, 2022
By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) – The U.S. economy is “already being impacted” by China’s latest COVID developments and energy shortages in Europe, D[...]
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Asia Business Economy Europe US

Cryptocurrencies at crossroads after annus horribilis

BY Reuters  • December 20, 2022December 20, 2022
By Vidya Ranganathan SINGAPORE (Reuters) – To borrow from Britain’s Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure. Crashes,[...]
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Asia Business Economy Technology Updated US

Analysis-Global economy bets on China learning to live with COVID

BY Reuters  • December 20, 2022December 20, 2022
By Mark John (Reuters) – Those who believe the world economy can avoid the hardest of landings next year are watching China closely to see whether its move to loosen pandemic restrictions will h[...]
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Asia Business Economy US
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