Wealth Growth Daily

Asia

BOJ must eye rate hike, shift to more flexible policy, says ex-deputy governor

BY Reuters  • December 19, 2022December 19, 2022
By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) must make its monetary policy framework more flexible and stand ready to raise its long-term interest rate target next year if the econo[...]
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Asia Business Economy

China Nov aluminium imports fall amid rising domestic supply

BY Reuters  • December 19, 2022December 19, 2022
BEIJING (Reuters) -China’s aluminium imports in November fell 35.7% from a year earlier as a result of mounting domestic supply, also as the COVID-hit economy continued to temper demand for the[...]
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Asia Business Economy Updated

Marketmind: Santa rally? Ho ho ho

BY Reuters  • December 18, 2022December 18, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. There’s a reason investors are warned not to fight the Fed, but sometimes they still need to lea[...]
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Asia Business Economy US

Iranian oil workers protest for higher wages -social media

BY Reuters  • December 17, 2022December 17, 2022
DUBAI (Reuters) -Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media. The reported o[...]
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Asia Business Middle East Politics Updated US

Analysis-Bumper green aluminium output is good news for carmakers, and climate

BY Reuters  • December 17, 2022December 17, 2022
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking[...]
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Asia Australia Business Economy Environment Europe Top News UK US

Toshiba’s preferred bidder may lower valuation below 2 trillion yen – Nikkei

BY Reuters  • December 17, 2022December 17, 2022
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen ($16.09 billion) to levels below 2 tril[...]
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Asia Business

China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media

BY Reuters  • December 17, 2022December 17, 2022
SHANGHAI (Reuters) – China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the Peo[...]
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Asia Business Economy

World shares extend rout, oil prices drop on recession worries

BY Reuters  • December 16, 2022December 16, 2022
By Chris Prentice, Dhara Ranasinghe and Naomi Rovnick NEW YORK/LONDON (Reuters) -A rout in global equities extended on Friday and government bond markets came under fresh selling pressure as hawkish t[...]
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Asia Australia Business Economy Europe Top News Updated US

U.S. extends tariff exclusions on 352 Chinese import categories for nine months

BY Reuters  • December 16, 2022December 16, 2022
WASHINGTON (Reuters) – The U.S. Trade Representative’s office said on Friday it is extending China “Section 301” tariff exclusions for another nine months on 352 Chinese import[...]
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Asia Business Economy US
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