By Chen Lin SINGAPORE (Reuters) -Singapore on Wednesday forecast its economic growth would slow in 2023 amid persistent inflation and global pressures that would hit demand for the city-state’s[...]
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Economy
New Zealand well-placed to weather tough 2023 – finance minister
By Lewis Jackson SYDNEY (Reuters) -New Zealand Finance Minister Grant Robertson said the world economy faced a “year of reckoning” in 2023 but the small island nation is well-placed to fen[...]
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New Zealand’s central bank raises rates by 75bps
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank raised interest rates by 75 basis points to a near 14-year high of 4.25% on Wednesday and flagged more hikes to come as it[...]
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FTX says receiving interest from buyers for assets
(Reuters) – Cryptocurrency exchange FTX said on Tuesday it was receiving interest from potential buyers for its assets and would conduct process to reorganize or sell them. (Reporting by Arunima[...]
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S&P closes at more than two-month high on retail, energy lift
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied on Tuesday, with the S&P 500 closing at its highest level in 2-1/2 months, as a sales forecast by Best Buy dampened concerns hig[...]
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Cryptoverse: Let’s talk about DEX, baby
By Medha Singh and Lisa Pauline Mattackal (Reuters) – As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacula[...]
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SEC charges Goldman Sachs Asset Management with not following ESG investments policies
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Tuesday charged Goldman Sachs Asset Management with failing to follow its policies and procedures involving envir[...]
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World shares rise, U.S. Treasury yields fall ahead of Fed minutes
By Chibuike Oguh NEW YORK (Reuters) – Global equities rose on Tuesday while U.S. Treasury yields fell as investors awaited the release of the Federal Reserve’s meeting minutes for clues on[...]
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Marketmind: Stocks ‘n’ bonds – who to believe?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A U.S. or global recession in 2023 may not be most people’s base case forecast, but the risks ar[...]
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