MANILA (Reuters) – Philippine inflation was likely within the 7.8% to 8.6% range in December because of upward pressures from…
South Korea promises policy support as Nov data clouds growth outlook
SEOUL (Reuters) -South Korea’s retail sales fell for a third straight month in November, data showed on Thursday, clouding economic…
U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
By Echo Wang (Reuters) – Wall Street’s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing…
Equities fall on risk aversion with 2023, China reopening in focus
By Sinéad Carew NEW YORK (Reuters) – Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors…
U.S.-listed Chinese tech companies cancel HK-listing plans: The Information
(Reuters) – Major U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co, have put discussions about a potential…
Crypto exchange Kraken to stop operations in Japan
(Reuters) -U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current…
What investors watch out for in emerging markets in 2023
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets…
ABB gets $1.4 billion after completing power grids sale to Hitachi
ZURICH (Reuters) – ABB has completed the sale of its remaining 19.9% stake in the power grids business it sold…
Russian pipeline gas exports to Europe collapse to a post-Soviet low
By Vladimir Soldatkin MOSCOW (Reuters) – Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022…
Russian rouble slumps again as volatile year-end trade continues
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as…