(Reuters) – Australia’s Fortescue Metals Group on Tuesday appointed former Woodside Energy executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines[...]
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Asia
Japan’s Nikkei seen rallying 6% to key 30,000 level by mid-2023: Reuters poll
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei 225 share average will rally to the psychological 30,000 level by the middle of next year for the first time since September 2021, accord[...]
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Nomura CEO says U.S. becomes profit driver despite one-off losses
TOKYO (Reuters) – Nomura Holdings Inc’s U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank’s earnin[...]
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South Korea November exports set to fall by most in 2-1/2 years – Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports were set for a second month of declines in November and by the steepest pace in 2-1/2 years, hurt by an economic slowdown in China and[...]
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Exclusive: South Korea’s Yoon ready to offer ‘tailored’ benefits to attract Tesla gigafactory
By Soyoung Kim and Jack Kim SEOUL (Reuters) – South Korea will offer “tailored” incentives to encourage Tesla to set up an electric vehicle gigafactory in the country and will minimi[...]
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S&P Global lowers 2023 growth forecast for emerging markets
(Reuters) – S&P Global Ratings lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressures from the Russia-Ukraine conflict, a lingering COVID-19 pandemic[...]
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Marketmind: Nearing the top?
A look at the day ahead in European and global markets from Anshuman Daga Support for weary Chinese property developers boosted Chinese and Asian stocks on Tuesday but inflation clearly tops the agend[...]
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Toyota’s Oct global vehicle production up 23%, above its target
TOKYO (Reuters) – Toyota Motor Corp reported on Tuesday a 23% rise in October global vehicle output, beating its own target for a third month in a row, as the industry strives to get past persis[...]
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BOJ’s next move will unwind loose policy, 92% of economists say: Reuters Poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan’s next policy move will unwind, rather than strengthen, its massive monetary easing, according to more than 90% of economists polled b[...]
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