Wealth Growth Daily

Asia

BOJ to keep ultra-low rates, hold fire until global outlook clearer

BY Reuters  • December 15, 2022December 15, 2022
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to keep ultra-low interest rates and dovish guidance next week, signalling its resolve to hold off on withdrawing stimulus until it cle[...]
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Asia Business Economy Top News

HSBC’s disgruntled shareholders launch new campaign for spinoff

BY Reuters  • December 15, 2022December 15, 2022
By Selena Li HONG KONG (Reuters) – A small group of HSBC’s Hong Kong-based retail investors are seeking support to put a resolution to the bank’s 2023 annual meeting calling on it to[...]
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Asia Business Economy Europe UK

New Zealand economy grows more strongly than expected

BY Reuters  • December 14, 2022December 14, 2022
WELLINGTON (Reuters) – New Zealand’s economy grew more strongly than expected in the last quarter in part due to increases in spending on travel now that the country’s borders are fu[...]
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Asia Business Economy

Marketmind: “Substantially more evidence”

BY Reuters  • December 14, 2022December 14, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. It’s a U.S.-Sino, one-two punch for Asian markets on Thursday, as they react to Federal Reserve[...]
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Asia Business Economy US

Factbox-Aircraft lessors sue insurers for $8 billion over trapped Russian planes

BY Reuters  • December 14, 2022December 14, 2022
(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since Moscow’s invasion[...]
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Asia Business Economy Europe UK US

Japan manufacturers’ mood worsens as cost pressures bite

BY Reuters  • December 14, 2022December 14, 2022
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ mood soured in the final quarter of 2022 to the lowest in nearly two years, a central bank survey showed, as[...]
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Asia Business Economy

Australia to reform mobile wallet, cross-border payments

BY Reuters  • December 14, 2022December 14, 2022
SYDNEY (Reuters) – Australia’s central bank wants mobile wallet providers to offer least cost routing options for merchants by the end of 2024, under new regulatory powers set to be grante[...]
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Asia Australia Business Economy Technology

Boeing to keep pushing Congress to extend 737 MAX 10 deadline

BY Reuters  • December 14, 2022December 14, 2022
By David Shepardson NORTH CHARLESTON, S.C. (Reuters) -Boeing Commercial Airplanes Chief Executive Stan Deal on Tuesday said the U.S. planemaker will continue to push Congress to pass legislation for t[...]
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Africa Asia Business Politics Updated US

ADB trims growth outlook for developing Asia as headwinds persist

BY Reuters  • December 14, 2022December 14, 2022
By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region faces persistent headwinds from the Russia-Ukraine c[...]
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Asia Business Economy
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