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Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions

BY Reuters  • December 19, 2022December 19, 2022
By Kane Wu (Reuters) – Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing[...]
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Asia Australia Business Economy Updated

Analysis-Bumper green aluminium output is good news for carmakers, and climate

BY Reuters  • December 17, 2022December 17, 2022
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking[...]
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Asia Australia Business Economy Environment Europe Top News UK US

World shares extend rout, oil prices drop on recession worries

BY Reuters  • December 16, 2022December 16, 2022
By Chris Prentice, Dhara Ranasinghe and Naomi Rovnick NEW YORK/LONDON (Reuters) -A rout in global equities extended on Friday and government bond markets came under fresh selling pressure as hawkish t[...]
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Asia Australia Business Economy Europe Top News Updated US

Stocks slide but dollar gains as central banks continue inflation battle

BY Reuters  • December 15, 2022December 15, 2022
By Lawrence Delevingne (Reuters) -Shares fell globally on Thursday, while the U.S. dollar gained and Treasury yields ticked down, as major central banks hiked interest rates in their final policy deci[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar gains after Fed meet, BOE and ECB in focus

BY Reuters  • December 15, 2022December 15, 2022
By Alun John LONDON (Reuters) – The dollar strengthened across the board on Thursday after the Federal Reserve said it would deliver more interest rate hikes next year and before meetings of the[...]
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Asia Australia Business Canada Economy Europe UK US

Global house price fall underway won’t do much for affordability, say analysts

BY Reuters  • December 15, 2022December 15, 2022
By Hari Kishan and Indradip Ghosh BENGALURU (Reuters) – House prices in most major property markets will fall in 2023, according to nearly 100 housing market analysts polled by Reuters, but they[...]
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Asia Australia Business Canada Economy US

Australia’s ANZ shareholders approve new holding structure

BY Reuters  • December 15, 2022December 15, 2022
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two differe[...]
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Asia Australia Business

Australia to reform mobile wallet, cross-border payments

BY Reuters  • December 14, 2022December 14, 2022
SYDNEY (Reuters) – Australia’s central bank wants mobile wallet providers to offer least cost routing options for merchants by the end of 2024, under new regulatory powers set to be grante[...]
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Asia Australia Business Economy Technology

Wall St cautiously optimistic as easing inflation lifts hopes of smaller rate hike

BY Reuters  • December 13, 2022December 13, 2022
By Lawrence Delevingne (Reuters) -Wall Street stocks gained on Tuesday, while Treasury yields fell and the dollar weakened, as new U.S. government data showed the smallest annual increase in inflation[...]
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Asia Australia Business Economy Europe Top News Updated US
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