Wealth Growth Daily

Asia

Marketmind: Powell point presentation

BY Reuters  • November 29, 2022November 29, 2022
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Federal Reserve Chair Jerome Powell could set the market tone for the rest of the year on Wednesday wh[...]
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Asia Business Economy US

Analysis-Pickup in U.S. ‘Cyber Week’ sales beat China’s Singles Day gain

BY Reuters  • November 29, 2022November 29, 2022
By Siddharth Cavale, Uday Sampath Kumar and Casey Hall NEW YORK/SHANGHAI (Reuters) – Online shopping fatigue set in across the United States and China as retailers in both countries posted mostl[...]
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Asia Business Technology Updated US

Analysis-RBC tightens grip at home with $10 billion HSBC Canada bid, regulatory risks loom

BY Reuters  • November 29, 2022November 29, 2022
By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Canada unit for C$13.5 billion ($10 billion) strengthens its pole posi[...]
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Asia Business Canada Economy Europe UK

Yen gains before Powell speech, Aussie jumps

BY Reuters  • November 29, 2022November 29, 2022
By Karen Brettell NEW YORK (Reuters) – The greenback edged lower against the Japanese yen on Tuesday with Federal Reserve chairman Jerome Powell due to speak on Wednesday, while the Aussie dolla[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Canadian regulators to review sale of HSBC’s Canada business to RBC

BY Reuters  • November 29, 2022November 29, 2022
By Divya Rajagopal and Kanishka Singh TORONTO (Reuters) -Canadian regulators will review the sale of HSBC’s business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, t[...]
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Asia Business Canada Economy Europe UK Updated

Bank of Russia open to relaxing curbs on non-residents transactions if sanctions eased

BY Reuters  • November 29, 2022November 29, 2022
MOSCOW (Reuters) – Russia is open to relaxing restrictions on transactions by so-called unfriendly non-residents in exchange for the un-freezing of Russian assets abroad, its central bank said o[...]
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Asia Business Economy Europe Politics

Renault, Nissan clear calendar for potential Dec deal -sources

BY Reuters  • November 29, 2022November 29, 2022
By Maki Shiraki, Gilles Guillaume and Norihiko Shirouzu TOKYO/PARIS/BEIJING (Reuters) – Renault and Nissan have readied plans to announce a potential deal on a restructured alliance as early as[...]
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Asia Business Economy Europe

Tesla market share could be dented by cheaper rival EVs – S&P Global Mobility

BY Reuters  • November 29, 2022November 29, 2022
(Reuters) – Tesla Inc may be losing its tight grip on the electric car market, as rivals try to chip away at its market share with cheaper options. With electric cars quickly gaining popularity[...]
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Asia Business Economy Europe Technology US

Airbus CEO says partners converging towards FCAS fighter deal

BY Reuters  • November 29, 2022November 29, 2022
BRUSSELS (Reuters) – The head of European planemaker Airbus said on Tuesday partners in a future European fighter were converging towards contractual agreements on the next phase of the Franco-G[...]
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Asia Business Economy Europe UK
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