Wealth Growth Daily

Asia

Inflation miss puts central bankers on back foot

BY Reuters  • December 7, 2022December 7, 2022
By Howard Schneider, Balazs Koranyi and Mark John WASHINGTON (Reuters) – Thomas Barkin, Richmond Federal Reserve President, was poring over the latest inflation-related data one morning this Jun[...]
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Asia Business Economy Europe Top News UK US

Airlines forced to ration jet fuel in New Zealand, but limited impact seen

BY Reuters  • December 7, 2022December 7, 2022
By Lewis Jackson SYDNEY (Reuters) -Key regional airlines said on Wednesday they expected to continue scheduled flights with New Zealand, which is beginning to ration jet fuel after a recent shipment f[...]
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Asia Australia Business Updated

Automakers, South Korea urge U.S. to tap commercial EV tax credit

BY Reuters  • December 7, 2022December 7, 2022
By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer E[...]
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Asia Business Economy Europe Politics Technology US

China’s trade suffers worst slump in 2-1/2 years as COVID woes, feeble demand take toll

BY Reuters  • December 7, 2022December 7, 2022
BEIJING (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and domestic demand, COVID-led production disruptions an[...]
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Asia Business Economy Politics Updated

Tesla offers additional discount to Chinese buyers on some models

BY Reuters  • December 7, 2022December 7, 2022
SHANGHAI (Reuters) – Tesla is offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models from Wednesday through to the end of 2022, a company representative said o[...]
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Asia Business Technology US

Analysis-G7 Russian oil price cap evolves from revenue squeeze to market anchor

BY Reuters  • December 7, 2022December 7, 2022
By David Lawder and Timothy Gardner WASHINGTON (Reuters) – When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, the[...]
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Asia Business Economy Europe Politics Updated US

Australian billionaire Forrest snares CWP Renewables for over $2.7 billion

BY Reuters  • December 7, 2022December 7, 2022
By Scott Murdoch and Sonali Paul SYDNEY/MELBOURNE (Reuters) – Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired CWP Renewables for more than A$4 bill[...]
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Asia Australia Business Economy Environment Europe

Dollar to rebound, accumulate safe-haven strength in 2023: Reuters poll

BY Reuters  • December 7, 2022December 7, 2022
By Indradip Ghosh BENGALURU (Reuters) – The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in[...]
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Asia Business Economy Europe UK US

Japan business mood up, global slowdown weighs on outlook – Reuters Poll

BY Reuters  • December 6, 2022December 7, 2022
By Tetsushi Kajimoto TOKYO (Reuters) – Sentiment of big Japanese manufacturers rose for the first time in four months in December, and the service-sector mood hit a three-year high, a Reuters mo[...]
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Asia Business Economy
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