Wealth Growth Daily

Asia

New home prices in China fall further in November – survey

BY Reuters  • December 1, 2022December 1, 2022
BEIJING (Reuters) – Prices for new homes in China fell for a fifth straight month in November, increasing the government’s challenge in stabilising the property development industry, a pri[...]
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Asia Business Economy

Zambia on track for debt restructuring next quarter -finance minister

BY Reuters  • December 1, 2022December 1, 2022
By Rachel Savage and Bhargav Acharya JOHANNESBURG (Reuters) -Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and is “in a[...]
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Africa Asia Business Economy Updated

Marketmind: Stop making sense

BY Reuters  • December 1, 2022December 1, 2022
A look at the day ahead in European and global markets from Ankur Banerjee: With a Fed pivot coming in to view, thanks to Jerome Powell, and optimism about China’s reopening prospects, investors[...]
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Asia Business Economy Europe UK US

Analysis-Chinese developers’ offshore creditors eye bargains; cautious on demand

BY Reuters  • December 1, 2022December 1, 2022
By Davide Barbuscia, Samuel Shen and Xie Yu NEW YORK/SHANGHAI/HONG KONG (Reuters) – Some offshore bondholders are scouting for bargains in China’s cash-squeezed property sector after a sle[...]
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Asia Business Economy US

IMF strategy chief heads to China, to focus on speeding up debt treatments

BY Reuters  • December 1, 2022December 1, 2022
By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the worl[...]
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Africa Asia Business Economy Updated US

U.S. bans new Huawei, ZTE equipment sales, citing national security risk

BY Reuters  • December 1, 2022December 1, 2022
By Diane Bartz and Alexandra Alper (Reuters) -The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “[...]
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Asia Business Economy Politics Technology Updated US

Woodside Energy cash flow outlook sparks concern about future payouts vs growth

BY Reuters  • December 1, 2022December 1, 2022
By Sonali Paul MELBOURNE (Reuters) -Woodside Energy Group Ltd, Australia’s top independent gas producer, flagged on Thursday a drop in free cash flow over the next few years, which raised alarm[...]
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Asia Australia Business Updated US

U.S. senator presses FAA for details on Boeing 737 MAX alerting system

BY Reuters  • December 1, 2022December 1, 2022
By David Shepardson WASHINGTON (Reuters) – A senior U.S. lawmaker wants details from the Federal Aviation Administration (FAA) about the safety of the cockpit alerting system for the Boeing 737[...]
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Africa Asia Business Environment Politics Top News US

Japan’s factory activity shrinks for first time nearly 2 years -PMI

BY Reuters  • December 1, 2022December 1, 2022
TOKYO (Reuters) – Japan’s manufacturing activity contracted for the first time in nearly two years in November, a private survey showed, as a slump in demand and output deepened driven lar[...]
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Asia Business Economy
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