Wealth Growth Daily

Asia

Analysis-Tumbling US dollar a boon to risk assets across the globe

BY Reuters  • July 14, 2023July 14, 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against[...]
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Asia Business Canada Central America Economy Europe Latin America UK US

Factbox-Changes to Australia’s central bank following review

BY Reuters  • July 14, 2023July 14, 2023
SYDNEY (Reuters) – Australia’s government announced on Friday that Michele Bullock, Deputy Governor at the Reserve Bank of Australia, will take over from Governor Philip Lowe in September,[...]
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Asia Australia Business Economy

Singapore dodges recession after slight growth in Q2

BY Reuters  • July 14, 2023July 14, 2023
By Chen Lin SINGAPORE (Reuters) -Singapore’s economy narrowly escaped a recession in the second quarter as global demand weakened and China’s slowdown dragged on trade flows, leading some[...]
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Asia Business Economy Updated

Surging stocks turn Tokyo into hot job market for fund managers

BY Reuters  • July 14, 2023July 14, 2023
By Xie Yu and Makiko Yamazaki HONG KONG/TOKYO (Reuters) – Global hedge funds and asset managers are scouring Tokyo for talent to expand in Japan and ride a surge of investor interest that has li[...]
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Asia Business Economy Updated

Instant View: Australia appoints first female head for RBA

BY Reuters  • July 14, 2023July 14, 2023
SINGAPORE (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe to become the first female head of the key institution. Reserve Bank[...]
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Asia Australia Business Economy

Australia’s central bank loses chief to public ire over rates

BY Reuters  • July 14, 2023July 14, 2023
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank suffered an early end to his 43-year career on Friday as past missteps in pandemic policy so tested public trust in th[...]
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Asia Australia Business Economy Europe Politics

Australia govt appoints Michele Bullock as next central bank governor

BY Reuters  • July 13, 2023July 14, 2023
SYDNEY (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe. Reserve Bank of Australia (RBA) Governor Lowe’s current seven-yea[...]
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Asia Australia Business Economy

Factbox-Potential candidates as next chief of Australia’s central bank

BY Reuters  • July 13, 2023July 13, 2023
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank will not be reappointed for a second term as the Labor government seeks a new pair of hands for an institution scarred[...]
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Asia Australia Business Economy Politics

Marketmind: US inflation cheer gives stocks best week this year

BY Reuters  • July 13, 2023July 13, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian equities are on course Friday to round off their best week this yea[...]
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Asia Business Economy US
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