AI VIF: NewsNewshttps://hotcoinmarket.com/Fri, 29 Mar 2024 10:56:32 GMTurn:store:2:news:blog:40831https://hotcoinmarket.com/russias-central-bank-sold-47-million-worth-of-chinese-yuan-on-jan-13Russia's central bank sold $47 million worth of Chinese yuan on Jan. 13(Reuters) - Russia's central bank said on Tuesday that it sold almost $47 million worth of Chinese yuan on January 13 to buy roubles, as it began to make up for the budget...urn:store:2:news:blog:40828https://hotcoinmarket.com/chinas-reopening-fuels-global-growth-optimism-davos-panel-saysChina's reopening fuels global growth optimism, Davos panel saysFRANKFURT (Reuters) -China's reopening from pandemic restrictions could drive global growth beyond expectations and help avoid a broader recession even as some of the world's...urn:store:2:news:blog:40829https://hotcoinmarket.com/davos-2023-us-inflation-reduction-act-hailed-as-a-game-changer-for-climateDavos 2023: U.S. Inflation Reduction Act hailed as a game changer for climateBy Maha El Dahan DAVOS, Switzerland (Reuters) -The head of the International Energy Agency (IEA) said on Tuesday that new legislation by the United States aimed at combating...urn:store:2:news:blog:40827https://hotcoinmarket.com/analysis-indias-rising-home-prices-rentals-a-new-inflation-threatAnalysis: India's rising home prices, rentals a new inflation threatBy Siddhi Nayak MUMBAI (Reuters) - Rising home prices and rentals in large Indian cities could pose a new challenge to the country's central bank in its fight against inflation,...urn:store:2:news:blog:40826https://hotcoinmarket.com/euro-zone-economy-may-avoid-recession-centeno-saysEuro zone economy may avoid recession, Centeno saysFRANKFURT (Reuters) - The euro zone economy may have outperformed expectations last quarter and ended 2022 with positive growth, European Central Bank policymaker Mario Centeno...urn:store:2:news:blog:40824https://hotcoinmarket.com/new-boj-governor-nominee-likely-to-be-presented-to-parliament-feb-10-sources-2New BOJ governor nominee likely to be presented to parliament Feb 10 -sourcesBy Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) -The Japanese government is likely to present its nominees for the next Bank of Japan (BOJ) governor and two deputy...urn:store:2:news:blog:40821https://hotcoinmarket.com/california-rainstorm-death-toll-reaches-20-biden-plans-visitCalifornia rainstorm death toll reaches 20, Biden plans visitBy Daniel Trotta (Reuters) - The parade of atmospheric rivers that pounded California for three weeks finally faded on Monday, enabling the state to begin lengthy repairs to roads...urn:store:2:news:blog:40822https://hotcoinmarket.com/asian-bonds-in-2022-saw-first-foreign-outflows-in-six-yearsAsian bonds in 2022 saw first foreign outflows in six years(Reuters) - Asia ex-China bonds recorded net foreign outflows for the first time in six years in 2022 as major central banks hiked their interest rates aggressively to tame...urn:store:2:news:blog:40823https://hotcoinmarket.com/chinas-lunar-new-year-travel-offers-spark-of-economic-rebound-from-covid-crunchChina's Lunar New Year travel offers spark of economic rebound from COVID crunchSHANGHAI (Reuters) - Urban workers crowded train stations across China's largest cities on Tuesday as the country's mass migration for Lunar New Year holidays hit high gear, an...urn:store:2:news:blog:40820https://hotcoinmarket.com/uk-pay-growth-speeds-up-as-jobless-rate-holds-at-37UK pay growth speeds up as jobless rate holds at 3.7%LONDON (Reuters) - The pace of pay growth in Britain - which is being closely watched by the Bank of England as it gauges how much higher to raise interest rates - picked up more...urn:store:2:news:blog:40816https://hotcoinmarket.com/asia-share-losses-widen-after-weak-china-gdp-dataAsia share losses widen after weak China GDP dataBy Kane Wu HONG KONG (Reuters) - Asian share losses widened on Tuesday after China reported weak fourth-quarter economic data, although investor expectations for a strong rebound...urn:store:2:news:blog:40817https://hotcoinmarket.com/cryptoverse-bitcoin-is-back-with-a-bonkCryptoverse: Bitcoin is back with a bonkBy Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1...urn:store:2:news:blog:40815https://hotcoinmarket.com/china-aims-to-stabilise-housing-prices-strictly-curb-speculationChina aims to stabilise housing prices, strictly curb speculationBEIJING (Reuters) -China's housing regulator will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, a ministry publication...urn:store:2:news:blog:40814https://hotcoinmarket.com/analysis-bond-traders-get-their-swagger-back-in-rate-obsessed-marketsAnalysis-Bond traders get their swagger back in rate-obsessed marketsBy Lananh Nguyen NEW YORK (Reuters) - Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FICC) traders bolstered bank profits last year despite...urn:store:2:news:blog:40812https://hotcoinmarket.com/ecb-must-keep-raising-rates-to-fight-off-inflation-lane-saysECB must keep raising rates to fight off inflation, Lane saysFRANKFURT (Reuters) -The European Central Bank must raise interest rates to a level that starts to restrict growth and their peak will depend on how the economy responds to the...urn:store:2:news:blog:40813https://hotcoinmarket.com/marketmind-ugly-ducklingMarketmind: Ugly ducklingA look at the day ahead in European and global markets from Anshuman Daga While Chinese economic data didn't come in worse than markets had feared, investors still couldn't come...urn:store:2:news:blog:40810https://hotcoinmarket.com/china-says-will-make-housing-prices-stable-strictly-curb-speculationChina says will make housing prices stable, strictly curb speculationBEIJING (Reuters) - China will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, China Construction News cited the housing...urn:store:2:news:blog:40809https://hotcoinmarket.com/indonesia-central-bank-sees-2022-q4-gdp-growth-at-481Indonesia central bank sees 2022 Q4 GDP growth at 4.81%JAKARTA (Reuters) - Indonesia's economic growth in the fourth quarter of 2022 may have slowed to 4.81% on a yearly basis, from 5.72% in the previous three months, according to a...urn:store:2:news:blog:40803https://hotcoinmarket.com/taiwan-q4-gdp-seen-growing-13-as-cooling-tech-demand-weighs-reuters-pollTaiwan Q4 GDP seen growing 1.3% as cooling tech demand weighs: Reuters pollTAIPEI (Reuters) - Taiwan's economy likely expanded much more slowly in the fourth quarter compared to the prior quarter due to increased global economic headwinds denting demand...urn:store:2:news:blog:40804https://hotcoinmarket.com/chinas-2022-economic-growth-one-of-the-worst-on-record-post-pandemic-policy-faces-testChina's 2022 economic growth one of the worst on record, post-pandemic policy faces testBy Kevin Yao and Ellen Zhang BEIJING (Reuters) -China's economic growth in 2022 slumped to one of its worst in nearly half a century as the fourth quarter was hit hard by...urn:store:2:news:blog:40801https://hotcoinmarket.com/asia-shares-slip-on-weak-china-economic-dataAsia shares slip on weak China economic dataBy Kane Wu HONG KONG (Reuters) - Many Asia shares slipped on Tuesday after Beijing released weak fourth-quarter economic data, although investors' expectations for a strong China...urn:store:2:news:blog:40802https://hotcoinmarket.com/chinas-economy-slows-sharply-in-q4-2022-growth-one-of-the-worst-on-recordChina's economy slows sharply in Q4, 2022 growth one of the worst on recordBy Kevin Yao and Ellen Zhang BEIJING (Reuters) - China's economy slowed sharply in the fourth quarter due to stringent COVID curbs, dragging down 2022 growth to one of its worst...urn:store:2:news:blog:40797https://hotcoinmarket.com/chinas-2022-property-investment-falls-for-first-time-since-1999China's 2022 property investment falls for first time since 1999BEIJING (Reuters) - China's property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared with a decline of 9.8% in the first 11...urn:store:2:news:blog:40796https://hotcoinmarket.com/asia-shares-slip-ahead-of-expected-weak-china-economic-dataAsia shares slip ahead of expected weak China economic dataBy Kane Wu HONG KONG (Reuters) - Asia shares mostly slipped on Tuesday ahead of Beijing's expected release of weak fourth-quarter economic data, although investor sentiment about...urn:store:2:news:blog:40792https://hotcoinmarket.com/malaysia-central-bank-to-hike-rates-to-300-on-thursday-reuters-pollMalaysia central bank to hike rates to 3.00% on Thursday: Reuters PollBy Sujith Pai BENGALURU (Reuters) - Malaysia's central bank will deliver its fifth consecutive quarter percentage point hike on Thursday in its effort to keep high inflation under...urn:store:2:news:blog:40793https://hotcoinmarket.com/australia-consumer-mood-brightens-for-second-month-in-a-rowAustralia consumer mood brightens for second month in a rowSYDNEY (Reuters) - A measure of Australian consumer sentiment rose in January for the second straight month, as a break in a painful cycle of interest rate rises likely provided...urn:store:2:news:blog:40791https://hotcoinmarket.com/chinas-economy-set-to-slow-sharply-in-q4-policymakers-face-post-pandemic-testChina's economy set to slow sharply in Q4, policymakers face post-pandemic testBy Kevin Yao BEIJING (Reuters) - China's economy is expected to have slowed sharply in the fourth quarter due to stringent COVID curbs, dragging down 2022 growth to one of its...urn:store:2:news:blog:40790https://hotcoinmarket.com/rio-tinto-sees-increased-volatility-as-china-reopensRio Tinto sees increased volatility as China reopensMELBOURNE (Reuters) -Rio Tinto on Tuesday said that China's reopening from COVID-19 restrictions is set to raise near-term risks of labour and supply chain shortages, as it also...urn:store:2:news:blog:40789https://hotcoinmarket.com/marketmind-chinas-q4-data-dumpMarketmind: China's Q4 data dumpBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. A batch of top-tier economic data from China, including fourth quarter GDP growth, will...urn:store:2:news:blog:40788https://hotcoinmarket.com/job-cuts-not-top-of-mind-phenomenal-opportunity-in-asia-manulife-ceoJob cuts not top of mind, 'phenomenal opportunity' in Asia -Manulife CEOBy Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) - Job cuts are not "top of mind" for Manulife Financial (NYSE:MFC) Corp, Canada's largest insurer, as it sees...urn:store:2:news:blog:40787https://hotcoinmarket.com/bank-of-canada-names-economics-professor-to-governing-councilBank of Canada names economics professor to governing councilBy Steve Scherer OTTAWA (Reuters) -The Bank of Canada said on Monday it has appointed a professor of applied economics at HEC Montreal to be a non-executive deputy governor and...urn:store:2:news:blog:40786https://hotcoinmarket.com/boe-sceptical-over-digital-pound-as-euro-zone-backs-work-on-digital-euroBoE sceptical over digital pound as euro zone backs work on digital euroBy Huw Jones LONDON (Reuters) - Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further...urn:store:2:news:blog:40785https://hotcoinmarket.com/venezuelan-teachers-march-for-better-pay-amid-sky-high-inflationVenezuelan teachers march for better pay amid sky-high inflation(Reuters) - Teachers, retirees and workers' unions marched in at least six Venezuelan cities on Monday to demand better salaries, as the government of President Nicolas Maduro...urn:store:2:news:blog:40784https://hotcoinmarket.com/davos-2023-recession-casts-long-shadow-over-opening-of-wef-summitDavos 2023: Recession casts long shadow over opening of WEF summitBy Divya Chowdhury and Maha El Dahan DAVOS, Switzerland (Reuters) -The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for...urn:store:2:news:blog:40782https://hotcoinmarket.com/davos-2023-ceos-most-gloomy-on-growth-in-more-than-a-decade-pwc-surveyDavos 2023: CEOs most gloomy on growth in more than a decade -PwC surveyBy Divya Chowdhury and Anisha Sircar DAVOS, Switzerland (Reuters) - Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial...urn:store:2:news:blog:40783https://hotcoinmarket.com/brazils-lula-to-end-industrial-tax-ipi-vp-saysBrazil's Lula to end industrial tax IPI, VP saysSAO PAULO (Reuters) -Brazilian leftist President Luiz Inacio Lula da Silva will seek to end the industrial tax IPI, Vice President Geraldo Alckmin said on Monday, which would...urn:store:2:news:blog:40781https://hotcoinmarket.com/davos-2023-scaramuccis-skybridge-bets-on-35k-bitcoin-targets-creditDavos 2023: Scaramucci's SkyBridge bets on $35k bitcoin, targets creditBy Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) - SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm's...urn:store:2:news:blog:40780https://hotcoinmarket.com/canadian-firms-expect-mild-recession-and-inflation-to-remain-highCanadian firms expect mild recession and inflation to remain highBy Steve Scherer and David Ljunggren OTTAWA (Reuters) - Most Canadian businesses expect a mild recession over the next year because higher interest rates are curbing investment...urn:store:2:news:blog:40779https://hotcoinmarket.com/ghana-extends-domestic-debt-exchange-deadline-for-third-timeGhana extends domestic debt exchange deadline for third timeACCRA (Reuters) - Ghana has again extended the deadline to register for its domestic debt exchange, this time to Jan. 31, Finance Minister Ken Ofori-Atta said on Monday. The...urn:store:2:news:blog:40777https://hotcoinmarket.com/brazils-lula-not-planning-to-revoke-labor-pension-reforms-vp-saysBrazil's Lula not planning to revoke labor, pension reforms, VP saysSAO PAULO (Reuters) - President Luiz Inacio Lula da Silva does not intend to revoke Brazil's labor and pension reforms, market-friendly moves passed by Congress in 2017 and 2019,...urn:store:2:news:blog:40778https://hotcoinmarket.com/foreign-investors-pour-925-million-into-egypt-since-wednesdayForeign investors pour $925 million into Egypt since WednesdayCAIRO (Reuters) - Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated...urn:store:2:news:blog:40776https://hotcoinmarket.com/brazil-to-reinforce-fiscal-democratic-and-environmental-commitments-says-haddadBrazil to reinforce fiscal, democratic and environmental commitments, says Haddad(Reuters) - Brazil's delegation arrives at the World Economic Forum (WEF) with a commitment to defend democracy and the sustainability of both its public accounts and the...urn:store:2:news:blog:40774https://hotcoinmarket.com/canadian-firms-expect-mild-recession-see-inflation-higher-for-longer-boc-q4-surveyCanadian firms expect mild recession, see inflation higher for longer - BoC Q4 surveyOTTAWA, Jan 16 (Reuters) - Most Canadian businesses expect a mild recession in the next year because of higher interest rates that are curbing investment plans, while at the same...urn:store:2:news:blog:40775https://hotcoinmarket.com/davos-2023-the-world-economic-forum-explainedDavos 2023: The World Economic Forum explainedBy Siddharth K DAVOS, Switzerland (Reuters) - The World Economic Forum (WEF) returns to its snowy winter residency in the Swiss Alps this week with a record attendance of business...urn:store:2:news:blog:40773https://hotcoinmarket.com/gold-prices-seen-rising-towards-record-highs-as-rate-rises-near-endGold prices seen rising towards record highs as rate rises near endBy Peter Hobson LONDON (Reuters) - Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence, as the United States...urn:store:2:news:blog:40772https://hotcoinmarket.com/davos-2023-yellen-to-meet-chinas-vice-premier-liu-he-us-treasuryDavos 2023: Yellen to meet China's vice premier Liu He - U.S. TreasuryBy Andrea Shalal and Brenda Goh WASHINGTON/DAVOS, Switzerland (Reuters) -U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to...urn:store:2:news:blog:40770https://hotcoinmarket.com/france-to-push-for-made-in-europe-strategy-at-february-eu-summitFrance to push for 'Made in Europe' strategy at February EU summitBy Jan Strupczewski BRUSSELS (Reuters) - France wants the European Union to adopt a "Made in Europe" industrial strategy in response to the U.S. scheme of subsidies for green...urn:store:2:news:blog:40768https://hotcoinmarket.com/germany-joins-battle-against-eu-ban-on-financial-product-commissionGermany joins battle against EU ban on financial product commissionBy Huw Jones LONDON (Reuters) - Banning commission-based sales of financial products from banks and insurers would be a "serious setback" to the European Union's capital market...urn:store:2:news:blog:40767https://hotcoinmarket.com/debt-ceiling-battle-gas-prices-tumble-didi-relieved-whats-moving-marketsDebt ceiling battle, gas prices tumble, Didi relieved - what's moving marketsBy Geoffrey Smith  Investing.com -- House Speaker Kevin McCarthy calls for spending cuts at the start of a week when the U.S. is set to bump against the federal debt ceiling. The...urn:store:2:news:blog:40766https://hotcoinmarket.com/davos-2023-global-recession-in-2023-seen-as-likely-in-wef-surveyDavos 2023: Global recession in 2023 seen as likely in WEF surveyBy Mark John DAVOS, Switzerland (Reuters) -Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023,...urn:store:2:news:blog:40763https://hotcoinmarket.com/china-to-boost-spending-for-covid-prevention-treatmentChina to boost spending for COVID prevention, treatmentBEIJING (Reuters) - China's finance ministry said on Monday it will boost funding for COVID-19 prevention and control, urging local fiscal departments to step up transfer payments...urn:store:2:news:blog:40762https://hotcoinmarket.com/factbox-workers-vs-macron-what-to-expect-from-thursdays-strikeFactbox-Workers vs Macron: What to expect from Thursday's strikePARIS (Reuters) - France's labour unions have made a rare joint call for major strike action on Thursday against plans by President Emmanuel Macron's government to reform the...urn:store:2:news:blog:40756https://hotcoinmarket.com/yellen-to-meet-chinas-vice-premier-liu-he-in-zurich-on-wednesday-us-treasuryYellen to meet China's vice premier Liu He in Zurich on Wednesday -U.S. TreasuryBy Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic...urn:store:2:news:blog:40757https://hotcoinmarket.com/uk-seeks-stronger-powers-to-stop-disruptive-protestsUK seeks stronger powers to stop disruptive protestsBy William James LONDON (Reuters) - Prime Minister Rishi Sunak's government will on Monday announce new proposals to clamp down on protests, broadening the range of situations in...urn:store:2:news:blog:40758https://hotcoinmarket.com/taiwan-chipmaker-umc-imposes-strict-cost-controls-over-weak-demandTaiwan chipmaker UMC imposes strict cost controls over weak demandTAIPEI (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a...urn:store:2:news:blog:40755https://hotcoinmarket.com/davos-2023-global-recession-seen-likely-in-2023-wef-surveyDavos 2023: Global recession seen likely in 2023 -WEF surveyBy Mark John DAVOS, Switzerland (Reuters) - Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023,...urn:store:2:news:blog:40754https://hotcoinmarket.com/european-shares-edge-up-on-pharma-boost-uks-ftse-100-nears-record-highEuropean shares edge up on pharma boost, UK's FTSE 100 nears record-highBy Bansari Mayur Kamdar (Reuters) - European shares inched up on Monday as gains in healthcare stocks helped the benchmark index extend its sharp rally thus far into the new year,...urn:store:2:news:blog:40752https://hotcoinmarket.com/kuroda-to-attend-davos-depart-shortly-after-closely-watched-boj-meetingKuroda to attend Davos, depart shortly after closely-watched BOJ meetingTOKYO (Reuters) - Bank of Japan (BOJ) Governor Haruhiko Kuroda will travel to Davos and attend a panel at the annual World Economic Forum meeting on Friday, the central bank said...urn:store:2:news:blog:40751https://hotcoinmarket.com/japans-top-economic-panel-debates-potential-shift-away-from-abenomicsJapan's top economic panel debates potential shift away from 'Abenomics'TOKYO (Reuters) - The Japanese government's top economic policy panel on Monday held its first round of special sessions that will discuss the medium-to-long term direction of...urn:store:2:news:blog:40750https://hotcoinmarket.com/eus-record-recovery-fund-at-risk-as-countries-struggle-to-meet-deadlineEU's record recovery fund at risk as countries struggle to meet deadlineBy Belén Carreño, Robert Muller and Sergio Goncalves MADRID/PRAGUE/LISBON (Reuters) - The risk that European Union governments will not be able to spend the largest aid package in...urn:store:2:news:blog:40749https://hotcoinmarket.com/global-jobs-growth-will-halve-in-challenging-2023-iloGlobal jobs growth will halve in challenging 2023: ILOLONDON (Reuters) - Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, high...urn:store:2:news:blog:40746https://hotcoinmarket.com/what-is-happening-in-japans-bond-marketWhat is happening in Japan's bond market?By Junko Fujita TOKYO (Reuters) - Market forces have pushed Japanese government bond yields above policy targets. The moves are the biggest test in seven years of yield control in...urn:store:2:news:blog:40744https://hotcoinmarket.com/california-braces-for-final-burst-of-heavy-snow-and-rainCalifornia braces for final burst of heavy snow and rainBy Fred Greaves GUERNEVILLE, Calif. (Reuters) - Storm-lashed California is bracing for what may be a final battering of rain and snow starting late Sunday, adding to the damage...urn:store:2:news:blog:40745https://hotcoinmarket.com/russia-may-hike-taxes-as-military-spending-oil-price-weigh-on-budgetRussia may hike taxes as military spending, oil price weigh on budgetBy Darya Korsunskaya MOSCOW (Reuters) -Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the...urn:store:2:news:blog:40743https://hotcoinmarket.com/yen-jumps-on-hopes-of-boj-policy-shift-dollar-slides-to-seven-month-lowYen jumps on hopes of BOJ policy shift; dollar slides to seven-month lowBy Rae Wee SINGAPORE (Reuters) - The dollar fell to a seven-month low against major peers on Monday while the yen surged to an over seven-month peak, as traders ramped up bets...urn:store:2:news:blog:40741https://hotcoinmarket.com/marketmind-let-it-goMarketmind: Let it goA look at the day ahead in European and global markets from Anshuman Daga The land of rising yields is the No. 1 focus of investors on Monday, as Japan's central bank may again...urn:store:2:news:blog:40742https://hotcoinmarket.com/ecb-can-cut-carbon-footprint-by-shedding-bonds-of-biggest-pollutersECB can cut carbon footprint by shedding bonds of biggest pollutersBy Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its corporate bond portfolio by selling just 50...urn:store:2:news:blog:40740https://hotcoinmarket.com/private-equity-persuades-italian-luxury-suppliers-that-bigger-is-betterPrivate equity persuades Italian luxury suppliers that bigger is betterBy Elisa Anzolin and Valentina Za MILAN (Reuters) - Italian businesses discovered the limits of their 'small is beautiful' motto when competition became global. Nudged by private...urn:store:2:news:blog:40736https://hotcoinmarket.com/economists-say-bojs-amamiya-is-top-governor-candidate-tightening-this-week-unlikelyEconomists say BOJ's Amamiya is top governor candidate, tightening this week unlikelyBy Kantaro Komiya TOKYO (Reuters) - Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya, a close aide of incumbent chief Haruhiko Kuroda, is most likely to succeed him this...urn:store:2:news:blog:40734https://hotcoinmarket.com/chinas-dec-home-prices-fall-more-supportive-policies-likelyChina's Dec home prices fall, more supportive policies likelyBEIJING (Reuters) -China's new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more measures to help sustain the recovery...urn:store:2:news:blog:40731https://hotcoinmarket.com/bain-capital-explores-virgin-australia-ipo-as-aviation-market-improvesBain Capital explores Virgin Australia IPO as aviation market improvesBy Scott Murdoch and Jamie Freed SYDNEY (Reuters) -Bain Capital said on Monday it is looking to relist airline Virgin Australia, in a move that would come as the domestic aviation...urn:store:2:news:blog:40730https://hotcoinmarket.com/yen-surges-on-boj-policy-shift-speculations-dollar-slides-to-seven-month-lowYen surges on BOJ policy shift speculations; dollar slides to seven-month lowBy Rae Wee SINGAPORE (Reuters) - The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over seven-month peak as traders ramped up bets that...urn:store:2:news:blog:40728https://hotcoinmarket.com/asian-shares-inch-higher-boj-battles-bond-bearsAsian shares inch higher, BOJ battles bond bearsBy Wayne Cole SYDNEY (Reuters) - Asian shares edged higher on Monday as investors waited nervously to see whether the Bank of Japan (BOJ) would defend its super-sized stimulus...urn:store:2:news:blog:40725https://hotcoinmarket.com/analysis-bojs-yield-curve-control-in-danger-as-policy-backfires-2Analysis: BOJ's yield curve control in danger as policy backfiresBy Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) is under pressure to change its interest rate policy as soon as Wednesday, after the central bank's attempt to buy itself...urn:store:2:news:blog:40726https://hotcoinmarket.com/factbox-bojs-possible-next-step-as-market-attacks-yield-policy-2Factbox: BOJ's possible next step as market attacks yield policyBy Leika Kihara TOKYO (Reuters) - Markets are testing the Bank of Japan (BOJ), seeking to break its resolve to cap bond yields as soon as its policy decision on Wednesday, as...urn:store:2:news:blog:40723https://hotcoinmarket.com/chinas-december-home-prices-decline-further-more-cities-record-fallsChina's December home prices decline further, more cities record fallsBEIJING (Reuters) - China's new home prices fell for the fifth straight month in December as COVID-19 outbreaks hurt demand, but the dismantling of strict pandemic curbs and hope...urn:store:2:news:blog:40724https://hotcoinmarket.com/china-growth-seen-rebounding-to-49-in-2023-more-stimulus-on-the-cardsChina growth seen rebounding to 4.9% in 2023, more stimulus on the cardsBy Kevin Yao BEIJING (Reuters) -China's economic growth is likely to rebound to 4.9% in 2023, before steadying in 2024, a Reuters poll showed, as policymakers pledge to step up...urn:store:2:news:blog:40719https://hotcoinmarket.com/explainer-how-does-japans-yield-curve-control-workExplainer-How does Japan's yield curve control work?By Leika Kihara TOKYO (Reuters) - The Bank of Japan's yield curve control (YCC) is under fierce market attack, as investors test the bank's commitment to capping bond yields with...urn:store:2:news:blog:40716https://hotcoinmarket.com/household-wealth-optimism-collapses-global-survey-showsHousehold wealth optimism collapses, global survey showsBy Mark John (Reuters) - Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing...urn:store:2:news:blog:40717https://hotcoinmarket.com/factbox-bojs-possible-next-step-as-market-attacks-yield-policyFactbox-BOJ's possible next step as market attacks yield policyBy Leika Kihara TOKYO (Reuters) - Markets are testing the Bank of Japan (BOJ), seeking to break its resolve to cap bond yields as soon as its policy decision on Wednesday, as...urn:store:2:news:blog:40718https://hotcoinmarket.com/analysis-bojs-yield-curve-control-in-danger-as-policy-backfiresAnalysis-BOJ's yield curve control in danger as policy backfiresBy Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) is under pressure to change its interest rate policy as soon as Wednesday, after the central bank's attempt to buy itself...urn:store:2:news:blog:40715https://hotcoinmarket.com/japans-sharp-wholesale-price-rise-heaps-pressure-on-bojs-ultra-easy-policyJapan's sharp wholesale price rise heaps pressure on BOJ's ultra-easy policyBy Leika Kihara TOKYO (Reuters) -Japan's annual wholesale prices rose at a faster-than-expected pace in December, data showed on Monday, adding to recent growing signs of...urn:store:2:news:blog:40714https://hotcoinmarket.com/yen-tests-seven-month-high-ahead-of-boj-policy-decision-dollar-wobblesYen tests seven-month high ahead of BOJ policy decision; dollar wobblesBy Rae Wee SINGAPORE (Reuters) - The Japanese yen held near an over seven-month peak on Monday, as traders, in the lead up to the Bank of Japan's monetary policy decision this...urn:store:2:news:blog:40712https://hotcoinmarket.com/bain-capital-explores-virgin-australia-ipoBain Capital explores Virgin Australia IPOBy Scott Murdoch (Reuters) -Bain Capital is exploring the listing of its Virgin Australia airline on the Australian Securities Exchange, according to a statement from the private...urn:store:2:news:blog:40713https://hotcoinmarket.com/new-york-mayor-says-no-room-in-his-city-for-migrantsNew York Mayor says "no room" in his city for migrantsBy Tim Reid LOS ANGELES (Reuters) - The mayor of New York traveled to the Mexican border city of El Paso on Sunday and declared that "there is no room in New York" for busloads of...urn:store:2:news:blog:40711https://hotcoinmarket.com/japans-sharp-wholesale-price-rise-points-to-growing-inflationary-pressureJapan's sharp wholesale price rise points to growing inflationary pressureBy Leika Kihara TOKYO (Reuters) - Japan's annual wholesale prices rose at a faster-than-expected pace in December, data showed on Monday, adding to recent growing signs of...urn:store:2:news:blog:40710https://hotcoinmarket.com/asian-shares-cautious-boj-faces-crunch-policy-decisionAsian shares cautious, BOJ faces crunch policy decisionBy Wayne Cole SYDNEY (Reuters) - Asian shares started cautiously on Monday as investors waited nervously to see if the Bank of Japan (BOJ) will defend its super-sized stimulus...urn:store:2:news:blog:40708https://hotcoinmarket.com/indonesia-palm-oil-export-curbs-biodiesel-plans-to-hit-world-vegoil-supplies-2Indonesia palm oil export curbs, biodiesel plans to hit world vegoil suppliesBy Naveen Thukral and Bernadette Christina SINGAPORE/JAKARTA (Reuters) -A move by top palm oil exporter Indonesia to restrict shipments and boost domestic biodiesel consumption is...urn:store:2:news:blog:40709https://hotcoinmarket.com/japan-december-wholesale-prices-rise-more-than-expectedJapan December wholesale prices rise more than expectedBy Leika Kihara TOKYO (Reuters) - Japan's wholesale prices rose a faster-than-expected 10.2% in December from a year earlier, data showed on Monday, adding to recent growing signs...urn:store:2:news:blog:40707https://hotcoinmarket.com/imfs-georgieva-confirms-ghana-seeking-debt-treatment-under-g20-common-frameworkIMF's Georgieva confirms Ghana seeking debt treatment under G20 common frameworkWASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the common framework...urn:store:2:news:blog:40706https://hotcoinmarket.com/imf-says-fragmentation-could-cost-global-economy-up-to-7-of-gdpIMF says fragmentation could cost global economy up to 7% of GDPWASHINGTON (Reuters) - A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the...urn:store:2:news:blog:40705https://hotcoinmarket.com/marketmind-if-the-yield-cap-fitsMarketmind: If the yield cap fits..By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Fourth-quarter GDP growth tops a list of key Chinese indicators, while interest rate...urn:store:2:news:blog:40704https://hotcoinmarket.com/house-speaker-says-democrats-should-cap-spending-to-avoid-us-debt-defaultHouse Speaker says Democrats should cap spending to avoid U.S. debt defaultWASHINGTON (Reuters) - House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government spending to avoid a U.S. debt default and...urn:store:2:news:blog:40701https://hotcoinmarket.com/is-canadian-inflation-on-a-sustainable-path-to-2-essentials-offer-cluesIs Canadian inflation on a sustainable path to 2%? Essentials offer cluesBy Fergal Smith TORONTO (Reuters) - As Canadian inflation slows, the cost of essentials, such as food and rent, offers pointers as to whether it will return sustainably to the...urn:store:2:news:blog:40702https://hotcoinmarket.com/house-oversight-committee-chair-urges-spending-cuts-to-avoid-us-debt-defaultHouse Oversight Committee chair urges spending cuts to avoid U.S. debt defaultWASHINGTON (Reuters) - House Oversight Committee Chairman James Comer said on Sunday he hoped a U.S. debt default could be avoided but put the onus on Democrats to agree to...urn:store:2:news:blog:40700https://hotcoinmarket.com/house-oversight-committee-urges-spending-cuts-to-avoid-us-debt-defaultHouse Oversight Committee urges spending cuts to avoid U.S. debt defaultWASHINGTON (Reuters) - House Oversight Committee Chairman James Comer said on Sunday he hoped a U.S. debt default could be avoided but put the onus on Democrats to agree to...urn:store:2:news:blog:40697https://hotcoinmarket.com/uae-pledges-to-invest-30-billion-in-south-korea-yoons-office-2UAE pledges to invest $30 billion in South Korea -Yoon's officeSEOUL (Reuters) - The United Arab Emirates (UAE) has decided to invest $30 billion in South Korea's industries, South Korea's presidential office said on Sunday, as the two...urn:store:2:news:blog:40695https://hotcoinmarket.com/dubai-property-price-rises-seen-slowing-further-in-2023-betterhomesDubai property price rises seen slowing further in 2023 - BetterhomesBy Yousef Saba DUBAI (Reuters) - Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year that saw a more than 60% increase in total...urn:store:2:news:blog:40696https://hotcoinmarket.com/key-israel-business-group-seeks-steep-cut-in-food-taxKey Israel business group seeks steep cut in food taxBy Steven Scheer JERUSALEM (Reuters) - Israel's Manufacturers' Association on Sunday proposed tax cuts on food along with a host of other measures aimed at strengthening Israeli...urn:store:2:news:blog:40693https://hotcoinmarket.com/biden-declares-emergency-for-alabama-due-to-tornadoesBiden declares emergency for Alabama due to tornadoes(Reuters) - U.S. President Joe Biden approved an emergency declaration for Alabama on early Sunday after at least nine people died in tornadoes that destroyed homes and knocked...urn:store:2:news:blog:40689https://hotcoinmarket.com/peru-2022-growth-likely-hindered-by-protests-says-central-bank-officialPeru 2022 growth likely hindered by protests, says central bank officialLIMA (Reuters) - Peru's economy likely grew slightly less than 2.9% last year, a senior central bank official said on Friday, suggesting that the South American country's economy...urn:store:2:news:blog:40687https://hotcoinmarket.com/weekend-brings-more-rain-snow-to-storm-hit-californiaWeekend brings more rain, snow to storm-hit CaliforniaBy Nathan Frandino FELTON, Calif. (Reuters) -A new weather system packing rain, snow and strong winds moved into storm-lashed California on Saturday, the latest in a parade of...urn:store:2:news:blog:40688https://hotcoinmarket.com/thousands-of-teachers-take-to-lisbon-streets-to-demand-higher-wagesThousands of teachers take to Lisbon streets to demand higher wagesBy Catarina Demony and Miguel Pereira LISBON (Reuters) - In a fresh blow to Portugal's government, tens of thousands of Portuguese teachers and school staff poured into the...urn:store:2:news:blog:40672https://hotcoinmarket.com/meme-stocks-start-2023-on-high-note-though-ride-is-a-bumpy-oneMeme stocks start 2023 on high note, though ride is a bumpy oneBy Medha Singh and David Randall (Reuters) -Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks this month after a crushing year...urn:store:2:news:blog:40671https://hotcoinmarket.com/stocks-rise-for-sixth-straight-session-boj-speculation-lifts-yenStocks rise for sixth straight session, BOJ speculation lifts yenBy Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks scored its sixth straight session of gains on Friday as investors assessed the start of U.S. earnings season and...urn:store:2:news:blog:40669https://hotcoinmarket.com/eu-asks-member-states-for-proposals-on-how-to-ease-state-aid-rulesEU asks member states for proposals on how to ease state aid rulesBRUSSELS (Reuters) - The European Commission on Friday asked member states for input by Jan. 25 on proposals to ease state aid rules, as the bloc considers measures to prevent the...urn:store:2:news:blog:40670https://hotcoinmarket.com/wall-st-banks-stockpile-funds-see-uncertain-outlook-and-competition-for-depositsWall St banks stockpile funds, see uncertain outlook and competition for depositsBy Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street's biggest banks stockpiled more rainy-day funds to prepare for a possible recession, while showing caution about...urn:store:2:news:blog:40668https://hotcoinmarket.com/us-investors-hunt-for-gains-in-foreign-stocksU.S. investors hunt for gains in foreign stocksBy Lewis Krauskopf NEW YORK (Reuters) - Some U.S. investors are looking abroad to capture better stock returns in the coming months, betting European and other international...urn:store:2:news:blog:40667https://hotcoinmarket.com/stocks-climb-for-sixth-straight-session-yen-rises-on-boj-speculationStocks climb for sixth straight session, yen rises on BOJ speculationBy Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks rose on Friday for a sixth straight session as investors assessed the start of U.S. earnings season and the path...urn:store:2:news:blog:40666https://hotcoinmarket.com/us-sec-awards-5-million-to-tipsterU.S. SEC awards $5 million to tipster(Reuters) - The top U.S. markets regulator on Friday announced a $5 million award to a whistleblower whose tip-off it said had resulted in a successful enforcement action. The...urn:store:2:news:blog:40665https://hotcoinmarket.com/meme-stocks-start-2023-on-a-high-note-as-investors-re-embrace-riskMeme stocks start 2023 on a high note as investors re-embrace riskBy Medha Singh and David Randall (Reuters) -Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks after a crushing year for...urn:store:2:news:blog:40664https://hotcoinmarket.com/feds-powell-noted-balance-of-risks-in-rate-hike-path-from-2018-onwards-transcripts-showFed's Powell noted "balance of risks" in rate hike path from 2018 onwards, transcripts showBy Lindsay (NYSE:LNN) Dunsmuir and Michael S. Derby (Reuters) - Two months before he became Federal Reserve chair, Jerome Powell urged a gradual approach to raising interest rates...urn:store:2:news:blog:40663https://hotcoinmarket.com/jpmorgan-open-for-business-in-leveraged-loans-as-rivals-get-stuck-with-lossesJPMorgan ‘open for business’ in leveraged loans as rivals get stuck with lossesBy Matt Tracy (Reuters) - JPMorgan (NYSE:JPM) Chief Financial Officer Jeremy Barnum told investors the bank is "absolutely open for business" in leveraged lending even as other...urn:store:2:news:blog:40662https://hotcoinmarket.com/white-house-says-it-will-not-negotiate-over-the-debt-ceilingWhite House says it will not negotiate over the debt ceilingWASHINGTON (Reuters) - The White House said on Friday it will not negotiate over the debt ceiling and there are no discussions underway about eliminating it. White House...urn:store:2:news:blog:40660https://hotcoinmarket.com/bny-mellon-to-cut-3-of-workforce-this-year-sourceBNY Mellon to cut 3% of workforce this year - sourceBy Manya Saini (Reuters) -Bank of New York Mellon Corp is planning to cut around 3% of its workforce this year, a source familiar with the matter told Reuters on Friday, joining a...urn:store:2:news:blog:40661https://hotcoinmarket.com/yellen-warns-of-us-default-risk-by-early-june-urges-debt-limit-hikeYellen warns of U.S. default risk by early June, urges debt limit hikeBy Kanishka Singh and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that the United States will likely hit the $31.4 trillion statutory...urn:store:2:news:blog:40657https://hotcoinmarket.com/fed-says-surging-interest-costs-cut-what-it-handed-back-to-treasury-in-2022Fed says surging interest costs cut what it handed back to Treasury in 2022By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve said Friday that it handed back substantially less money to the Treasury last year than it did the year before, amid...urn:store:2:news:blog:40658https://hotcoinmarket.com/wall-street-banks-stockpile-funds-for-possible-recession-outlook-uncertainWall Street banks stockpile funds for possible recession, outlook uncertainNEW YORK (Reuters) -Wall Street's biggest banks stockpiled more rainy-day funds to prepare for a possible recession and reported weak investment banking results while showing...urn:store:2:news:blog:40656https://hotcoinmarket.com/bny-mellon-to-lay-off-3-of-workforce-this-year-sourceBNY Mellon to lay off 3% of workforce this year - source(Reuters) -Bank of New York Mellon Corp is planning to cut around 3% of its workforce this year, a source familiar with the matter told Reuters on Friday, joining a number of...urn:store:2:news:blog:40654https://hotcoinmarket.com/yellen-urges-us-congress-to-act-quickly-on-debt-limitYellen urges U.S. Congress to act quickly on debt limitWASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday that the United States would likely hit the statutory limit on its debt on Jan. 19, forcing the Treasury...urn:store:2:news:blog:40655https://hotcoinmarket.com/us-near-term-consumer-inflation-expectations-lowest-in-nearly-two-yearsU.S. near-term consumer inflation expectations lowest in nearly two yearsBy Lucia Mutikani WASHINGTON (Reuters) - U.S. consumers are becoming more confident that price pressures will ease considerably over the next 12 months, with a survey on Friday...urn:store:2:news:blog:40653https://hotcoinmarket.com/us-consumer-inflation-expectations-fall-in-januaryU.S. consumer inflation expectations fall in JanuaryWASHINGTON (Reuters) - U.S. consumers believe price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation outlook...urn:store:2:news:blog:40652https://hotcoinmarket.com/analysis-ecb-can-cut-carbon-footprint-by-shedding-bonds-of-biggest-pollutersAnalysis-ECB can cut carbon footprint by shedding bonds of biggest pollutersBy Virginia Furness and Francesco Canepa LONDON (Reuters) - The European Central Bank could radically cut the carbon footprint of its corporate bond portfolio by selling just 50...urn:store:2:news:blog:40651https://hotcoinmarket.com/bny-mellon-to-cut-1500-jobs-this-year-wsjBNY Mellon to cut 1,500 jobs this year - WSJ(Reuters) - Bank of New York Mellon (NYSE:BK) Corp is planning to cut 1,500 jobs, or around 3% of its workforce, this year, the Wall Street Journal reported on Friday, citing...urn:store:2:news:blog:40650https://hotcoinmarket.com/stocks-rise-for-sixth-straight-session-yen-climbs-on-boj-speculationStocks rise for sixth straight session, yen climbs on BOJ speculationBy Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks advanced on Friday for a sixth straight session as investors assessed the start of U.S. earnings season, while...urn:store:2:news:blog:40649https://hotcoinmarket.com/davos-expects-record-turnout-as-resumes-winter-slot-2Davos expects record turnout as resumes winter slot(Reuters) - A record number of business and government leaders will descend on the Swiss resort of Davos next week to pore over challenges ranging from global economic slowdown to...urn:store:2:news:blog:40646https://hotcoinmarket.com/donald-trumps-company-sentenced-to-pay-161-million-penalty-for-tax-fraudDonald Trump's company sentenced to pay $1.61 million penalty for tax fraudBy Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) -A New York judge on Friday sentenced Donald Trump's namesake real estate company to pay a maximum $1.61 million criminal...urn:store:2:news:blog:40647https://hotcoinmarket.com/factbox-tesla-cuts-prices-globally-in-a-bid-to-spur-demandFactbox-Tesla cuts prices globally in a bid to spur demand(Reuters) - Tesla (NASDAQ:TSLA) Inc has slashed prices of its electric vehicles in the United States and Europe, doubling down on a discount drive it started in Asia as demand...urn:store:2:news:blog:40645https://hotcoinmarket.com/us-consumers-year-ahead-inflation-views-drop-to-lowest-since-april-2021US Consumers’ Year-Ahead Inflation Views Drop to Lowest Since April 2021(Bloomberg) -- US short-term inflation expectations fell in early January to the lowest in nearly two years, providing a bigger-than-expected boost to consumer...urn:store:2:news:blog:40642https://hotcoinmarket.com/us-import-prices-rebound-export-prices-fallU.S. import prices rebound; export prices fallBy Lucia Mutikani WASHINGTON (Reuters) - U.S. import prices unexpectedly increased in December after five straight monthly decreases, boosted by higher costs for natural gas and...urn:store:2:news:blog:40643https://hotcoinmarket.com/feds-bostic-leans-towardsmaller-rate-hike-after-inflation-slowdownFed’s Bostic Leans Toward Smaller Rate Hike After Inflation Slowdown(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he’s leaning toward supporting a smaller interest-rate hike at the Fed’s next meeting following...urn:store:2:news:blog:40641https://hotcoinmarket.com/judge-sentences-trump-organization-to-pay-16-million-penalty-for-tax-fraudJudge sentences Trump Organization to pay $1.6 million penalty for tax fraudNEW YORK (Reuters) - A New York judge on Friday sentenced Donald Trump's namesake real estate company to pay a $1.6 million criminal penalty, after it was convicted of scheming to...urn:store:2:news:blog:40639https://hotcoinmarket.com/bank-of-america-profit-tops-estimates-as-higher-rates-boost-incomeBank of America profit tops estimates as higher rates boost incomeBy Manya Saini and Lananh Nguyen (Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest income as the...urn:store:2:news:blog:40637https://hotcoinmarket.com/citigroup-misses-profit-estimates-on-provision-hike-dealmaking-slowdownCitigroup misses profit estimates on provision hike, dealmaking slowdownBy Mehnaz Yasmin and Carolina Mandl (Reuters) -Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing forecasts, as the bank increased provisions to prepare for...urn:store:2:news:blog:40638https://hotcoinmarket.com/wells-fargo-misses-profit-estimate-on-higher-reserves-scandal-costsWells Fargo misses profit estimate on higher reserves, scandal costsBy Noor Zainab Hussain and Hannah Lang (Reuters) -Wells Fargo & Co on Friday reported a 50% decline in profit for the fourth quarter, missing analysts' estimates, as the bank...urn:store:2:news:blog:40636https://hotcoinmarket.com/wall-street-banks-stockpile-funds-for-possible-recession-show-resilienceWall Street banks stockpile funds for possible recession, show resilienceNEW YORK (Reuters) - Wall Street's biggest banks stockpiled more rainy-day funds to prepare for a possible recession ahead and reported weak investment banking results, but said...urn:store:2:news:blog:40635https://hotcoinmarket.com/bed-bath-beyond-brings-meme-stocks-back-in-vogue-to-start-2023Bed Bath & Beyond brings meme stocks back in vogue to start 2023By Medha Singh (Reuters) - An army of retail traders drove up shares of meme stocks this week, led by a surge in Bed Bath & Beyond, as growing signs that inflation has peaked...urn:store:2:news:blog:40633https://hotcoinmarket.com/citigroup-profit-falls-on-provision-hike-dealmaking-slowdownCitigroup profit falls on provision hike, dealmaking slowdown(Reuters) -Citigroup Inc reported a fall in fourth-quarter profit on Friday, as the bank hiked provisions to prepare for a worsening economy and investment banking revenue...urn:store:2:news:blog:40634https://hotcoinmarket.com/rate-rises-could-add-86-trillion-to-global-borrowing-costs-spRate rises could add $8.6 trillion to global borrowing costs -S&PBy Naomi Rovnick LONDON (Reuters) - Central bank rate rises could land global borrowers with $8.6 trillion in extra debt servicing costs in coming years, S&P Global (NYSE:SPGI)...urn:store:2:news:blog:40632https://hotcoinmarket.com/bofa-profit-tops-estimates-as-higher-rates-boost-interest-incomeBofA profit tops estimates as higher rates boost interest incomeBy Manya Saini and Lananh Nguyen (Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest income as the...urn:store:2:news:blog:40631https://hotcoinmarket.com/citigroup-quarterly-profit-falls-on-provision-hike-slowdown-in-dealmakingCitigroup quarterly profit falls on provision hike, slowdown in dealmaking(Reuters) - Citigroup Inc (NYSE:C) reported a fall in fourth-quarter profit on Friday, as the bank hiked provisions to brace for a worsening economy and investment banking...urn:store:2:news:blog:40629https://hotcoinmarket.com/dollar-dips-crypto-woe-bank-results-tesla-price-cuts-whats-moving-marketsDollar dips, Crypto woe, bank results, Tesla price cuts - what's moving marketsBy Geoffrey Smith  Investing.com -- The dollar softens and bonds rise as markets bet on a pivot from the Federal Reserve later this year. JPMorgan, Citigroup and Bank of America...urn:store:2:news:blog:40628https://hotcoinmarket.com/bofa-profit-beats-estimates-as-higher-rates-bolster-interest-incomeBofA profit beats estimates as higher rates bolster interest income(Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest income as the U.S. Federal Reserve raised rates...urn:store:2:news:blog:40626https://hotcoinmarket.com/bank-of-americas-fourth-quarter-profit-beats-estimatesBank of America's fourth-quarter profit beats estimates(Reuters) -Bank of America Corp reported a better-than-expected fourth-quarter profit on Friday as rate hikes helped it charge more interest on loans to customers. The U.S....urn:store:2:news:blog:40627https://hotcoinmarket.com/us-bond-funds-saw-biggest-weekly-inflow-in-18-months-in-early-janU.S. bond funds saw biggest weekly inflow in 18 months in early Jan(Reuters) - U.S. bond funds attracted their biggest weekly inflow in 18 months in the seven days to Jan. 4 on signs of cooling inflation that boosted hopes the Federal Reserve...urn:store:2:news:blog:40624https://hotcoinmarket.com/wells-fargo-profit-falls-50-on-higher-reserves-costsWells Fargo profit falls 50% on higher reserves, costs(Reuters) -Wells Fargo & Co on Friday reported a 50% decline in profit for the fourth quarter as the bank racked up more than $3 billion in costs related to a fake accounts...urn:store:2:news:blog:40625https://hotcoinmarket.com/yen-jumps-as-markets-test-boj-inflation-retreat-lifts-stocksYen jumps as markets test BOJ, inflation retreat lifts stocksBy Dhara Ranasinghe LONDON (Reuters) - World stocks scaled one-month highs on Friday as hopes of inflation easing took hold, while the yen jumped to seven-month peaks and Japanese...urn:store:2:news:blog:40623https://hotcoinmarket.com/investors-snap-up-record-39-billion-emerging-market-sovereign-bond-splurgeInvestors snap up record $39 billion emerging market sovereign bond splurgeBy Jorgelina do Rosario LONDON (Reuters) - Developing countries have sold a huge $39 billion of international bonds since the start of the year, with investors happy to pile into...urn:store:2:news:blog:40620https://hotcoinmarket.com/donald-trumps-company-to-be-sentenced-for-15-year-tax-fraudDonald Trump's company to be sentenced for 15-year tax fraudBy Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) - Donald Trump on Friday will learn how the company that bears the former U.S. president's name will be punished after...urn:store:2:news:blog:40621https://hotcoinmarket.com/nepal-inflation-eases-to-738-as-food-beverage-prices-dipNepal inflation eases to 7.38% as food, beverage prices dipBy Gopal Sharma KATHMANDU (Reuters) - Nepal's inflation eased to 7.38% in the month to mid-December, the lowest in about eight months, as prices of food and beverages dipped,...urn:store:2:news:blog:40618https://hotcoinmarket.com/ecb-tells-bankers-to-get-picky-with-risky-clients-including-hedge-fundsECB tells bankers to get picky with risky clients, including hedge fundsFRANKFURT (Reuters) - Euro zone banks must be more selective with customers that make risky bets on financial markets, such as hedge funds, and become more prudent in how they...urn:store:2:news:blog:40619https://hotcoinmarket.com/investors-jump-into-equities-and-bonds-in-goldilocks-scenario-bofaInvestors jump into equities and bonds in Goldilocks scenario - BofALONDON (Reuters) - Investors poured money into equity and bond funds and moved money out of gold in the week to Wednesday, according to BofA Global Research, taking heart from a...urn:store:2:news:blog:40616https://hotcoinmarket.com/analysis-us-house-republicans-favor-message-over-substance-in-early-legislationAnalysis-U.S. House Republicans favor message over substance in early legislationBy David Morgan WASHINGTON (Reuters) - Republicans who control the U.S. House of Representatives wasted no time this week using their new majority to pass political messaging...urn:store:2:news:blog:40617https://hotcoinmarket.com/global-equity-funds-see-first-weekly-inflow-in-10-weeksGlobal equity funds see first weekly inflow in 10 weeks(Reuters) - Global equity funds drew their first weekly inflow in 10 weeks in the week to Jan. 11 on hopes of easing inflation and expectations that China's re-opening would boost...urn:store:2:news:blog:40614https://hotcoinmarket.com/japans-economic-policy-panel-wont-craft-new-accord-with-boj-minister-saysJapan's economic policy panel won't craft new accord with BOJ, minister saysBy Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -The Japanese government's top economic policy panel will invite eight economists, including an expert on the country's...urn:store:2:news:blog:40613https://hotcoinmarket.com/yen-soars-as-markets-test-boj-stocks-cheered-by-inflation-retreatYen soars as markets test BOJ, stocks cheered by inflation retreatBy Dhara Ranasinghe LONDON (Reuters) - World stocks scaled one-month peaks on Friday thanks to signs inflation is easing, while the yen jumped to seven-month peaks and Japanese...urn:store:2:news:blog:40612https://hotcoinmarket.com/japan-dec-core-cpi-tipped-at-41-year-high-40-twice-bojs-2-target-reuters-pollJapan Dec core CPI tipped at 41-year-high 4.0%, twice BOJ's 2% target - Reuters pollBy Kantaro Komiya TOKYO (Reuters) - Japan's core consumer prices likely rose 4.0% in December, double the Bank of Japan (BOJ)'s 2% target, hitting a fresh 41-year-high, a Reuters...urn:store:2:news:blog:40608https://hotcoinmarket.com/take-five-much-to-say-in-tokyo-and-davosTake Five: Much to say in Tokyo (and Davos)LONDON (Reuters) - Japan's central bank looks set to raise its inflation forecasts and debate further policy tweaks, just as business leaders and policymakers descend (in person...urn:store:2:news:blog:40609https://hotcoinmarket.com/china-to-support-financing-for-quality-developers-adjust-borrowing-curbs-xinhuaChina to support financing for quality developers, adjust borrowing curbs - XinhuaBEIJING/SHANGHAI (Reuters) -China will take steps soon to boost financing for good quality property developers, including adjusting borrowing curbs on them, the official Xinhua...urn:store:2:news:blog:40610https://hotcoinmarket.com/kazakhstans-central-bank-keeps-policy-rate-unchanged-at-1675Kazakhstan's central bank keeps policy rate unchanged at 16.75%ALMATY (Reuters) -Kazakhstan's central bank kept its policy rate unchanged at 16.75% on Friday, saying it was likely to remain at that level for an extended period of time. The...urn:store:2:news:blog:40603https://hotcoinmarket.com/china-central-bank-to-maintain-or-increase-policy-loan-liquidity-reuters-pollChina central bank to maintain or increase policy-loan liquidity - Reuters pollSHANGHAI (Reuters) - China's central bank is likely to at least maintain current liquidity in the banking system on Monday through its management of medium-term policy loans,...urn:store:2:news:blog:40604https://hotcoinmarket.com/swedish-inflation-runs-red-hot-in-december-raising-pressure-on-riksbankSwedish inflation runs red hot in December, raising pressure on RiksbankBy Johan Ahlander STOCKHOLM (Reuters) - Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome that raises...urn:store:2:news:blog:40600https://hotcoinmarket.com/ecbs-kazaks-pushes-back-on-rate-cut-bets-as-core-prices-riseECB's Kazaks pushes back on rate cut bets as core prices riseBy Francesco Canepa FRANKFURT (Reuters) - European Central Bank policymaker Martins Kazaks is pushing back on investor bets that the ECB will cut interest rates by the end of this...urn:store:2:news:blog:40596https://hotcoinmarket.com/yen-flies-as-market-challenges-boj-stocks-cheer-inflations-retreatYen flies as market challenges BOJ, stocks cheer inflation's retreatBy Tom Westbrook and Kevin Buckland SINGAPORE/TOKYO (Reuters) - Asian stocks rose on Friday as investors cheered a slowdown in U.S. inflation, while the yen hit a seven-month high...urn:store:2:news:blog:40594https://hotcoinmarket.com/ethics-group-urges-tougher-swiss-action-over-money-launderingEthics group urges tougher Swiss action over money-launderingZURICH (Reuters) - Swiss prosecutors should enforce laws against money-laundering more effectively as the country remains a soft touch for corporate financial corruption, an...urn:store:2:news:blog:40595https://hotcoinmarket.com/boj-may-tweak-yield-control-this-year-if-wage-hikes-broaden-ex-central-bank-officialBOJ may tweak yield control this year if wage hikes broaden - ex-central bank officialBy Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan (BOJ) could tweak its yield control policy to dial back monetary stimulus this year if wage hikes spread...urn:store:2:news:blog:40593https://hotcoinmarket.com/marketmind-no-fears-on-friday-the-13thMarketmind: No fears on Friday the 13thA look at the day ahead in European and global markets from Anshuman Daga Is there anything spooky about Friday the 13th? Well, certainly not for global equity investors as they...urn:store:2:news:blog:40592https://hotcoinmarket.com/analysis-chinas-rapid-reopening-brings-joy-and-woe-for-world-marketsAnalysis-China's rapid reopening brings joy and woe for world marketsBy Yoruk Bahceli (Reuters) - The rapid reopening of China's economy from COVID lockdowns is brightening the outlook for global investors keen to leave behind one of their worst...urn:store:2:news:blog:40589https://hotcoinmarket.com/china-acquires-golden-shares-in-two-alibaba-unitsChina acquires 'golden shares' in two Alibaba unitsBEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba (NYSE:BABA) Group Holding Ltd, business registration...urn:store:2:news:blog:40590https://hotcoinmarket.com/huawei-backed-aito-cuts-prices-in-china-following-teslaHuawei-backed Aito cuts prices in China, following TeslaSHANGHAI/BEIJING (Reuters) -Chinese automaker Seres Group has cut starting prices for its Aito electric cars by 30,000 yuan ($4,460) from Friday, following price cuts by Tesla...urn:store:2:news:blog:40588https://hotcoinmarket.com/china-open-to-foreign-firms-opinions-commerce-ministry-saysChina open to foreign firms' opinions, commerce ministry saysBEIJING (Reuters) - China's Commerce Minister Wang Wentao said China is willing to listen to the opinions of foreign companies including U.S. firms, a ministry statement said on...urn:store:2:news:blog:40587https://hotcoinmarket.com/exclusive-china-to-allow-didi-apps-back-online-in-latest-sign-of-regulatory-thaw-sourcesExclusive-China to allow Didi apps back online, in latest sign of regulatory thaw-sourcesBy Julie Zhu, Kevin Huang and Xu Jing Jan 13 (Reuters) - Chinese authorities are set to allow Didi Global's ride-hailing and other apps back on domestic app stores as soon as next...urn:store:2:news:blog:40586https://hotcoinmarket.com/bank-of-korea-raises-interest-rates-hints-they-will-now-be-steadyBank of Korea raises interest rates, hints they will now be steadyBy Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea's central bank raised its policy interest rate by 25 basis points on Friday, as expected, but bond yields plunged in...urn:store:2:news:blog:40585https://hotcoinmarket.com/japan-panel-expert-sessions-will-not-craft-new-accord-with-boj-ministerJapan panel expert sessions will not craft new 'accord' with BOJ -ministerBy Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -The Japanese government's top economic policy panel will invite eight economists, including an expert on inflation in...urn:store:2:news:blog:40584https://hotcoinmarket.com/japan-yields-break-central-bank-ceiling-as-markets-press-for-policy-shiftJapan yields break central bank ceiling as markets press for policy shiftBy Kevin Buckland and Junko Fujita TOKYO (Reuters) - Yields on Japan's benchmark 10-year government bonds breached the central bank's new ceiling on Friday in the market's most...urn:store:2:news:blog:40580https://hotcoinmarket.com/japan-panel-invites-inflation-expert-economists-to-special-sessions-ministerJapan panel invites inflation expert, economists to special sessions -ministerBy Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -The Japanese government's top economic policy panel will invite eight economists, including an expert on inflation in...urn:store:2:news:blog:40578https://hotcoinmarket.com/china-to-support-financing-debt-extension-for-quality-developers-xinhuaChina to support financing, debt extension for quality developers- XinhuaBEIJING/SHANGHAI (Reuters) - China will boost financing for good quality property developers and roll out a 100 billion yuan ($14.86 billion) support plan for rental housing...urn:store:2:news:blog:40579https://hotcoinmarket.com/imf-chief-expects-to-keep-2023-global-growth-forecast-steady-at-about-27IMF chief expects to keep 2023 global growth forecast steady at about 2.7%By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund is not likely to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on...urn:store:2:news:blog:40576https://hotcoinmarket.com/china-moving-to-take-golden-shares-in-alibaba-tencent-units-ftChina moving to take 'golden shares' in Alibaba, Tencent units - FT(Reuters) - China is moving to take minority stakes with special rights in the local units of Alibaba (NYSE:BABA) Group Holding Ltd and Tencent Holdings (OTC:TCEHY) Ltd, the...urn:store:2:news:blog:40574https://hotcoinmarket.com/weekly-comic-winter-has-come-can-spring-be-far-behindWeekly Comic: Winter has come - can spring be far behind?By Geoffrey Smith Investing.com -- One of the constants of financial markets is that multilateral development banks are among the slowest institutions to update their economic...urn:store:2:news:blog:40573https://hotcoinmarket.com/yen-flying-as-market-challenges-boj-stocks-cheer-inflations-retreatYen flying as market challenges BOJ, stocks cheer inflation's retreatBy Tom Westbrook and Kevin Buckland SINGAPORE/TOKYO (Reuters) - Asian stocks rose on Friday as investors cheered a slowdown in U.S. inflation, while the yen hit a seven-month high...urn:store:2:news:blog:40572https://hotcoinmarket.com/bank-of-korea-raises-rates-as-markets-see-end-of-tighteningBank of Korea raises rates as markets see end of tighteningBy Choonsik Yoo and Jihoon Lee SEOUL (Reuters) - South Korea's central bank raised its policy interest rate by 25 basis points on Friday, as expected, but suggested a possible...urn:store:2:news:blog:40569https://hotcoinmarket.com/bank-of-korea-raises-rates-to-14-year-high-as-expectedBank of Korea raises rates to 14-year high, as expectedBy Choonsik Yoo and Jihoon Lee SEOUL (Reuters) - South Korea's central bank raised its policy interest rate by 25 basis points on Friday, making a widely expected move that many...urn:store:2:news:blog:40567https://hotcoinmarket.com/bank-of-korea-raises-interest-rates-by-25-bps-as-expectedBank of Korea raises interest rates by 25 bps, as expectedSEOUL (Reuters) - South Korea's central bank raised its policy interest rate by 25 basis points on Friday, making a widely expected move that many economists also predicted would...urn:store:2:news:blog:40566https://hotcoinmarket.com/imf-chief-heading-to-zambia-says-new-debt-roundtable-to-meet-in-februaryIMF chief heading to Zambia, says new debt 'roundtable' to meet in FebruaryBy Andrea Shalal WASHINGTON (Reuters) - A new global sovereign debt "roundtable" that will include China, other creditors and some borrowing countries will meet for the first time...urn:store:2:news:blog:40563https://hotcoinmarket.com/russia-criticises-reuters-story-on-russian-hackers-targeting-us-nuclear-scientistsRussia criticises Reuters story on Russian hackers targeting U.S. nuclear scientistsMOSCOW (Reuters) - Russia's Foreign Ministry on Thursday criticised Reuters for spreading what it said was poorly sourced anti-Russian propaganda with a story about a Russian...urn:store:2:news:blog:40564https://hotcoinmarket.com/chinas-on-the-move-again-economic-outlook-brightensChina's on the move again, economic outlook brightensBy Ellen Zhang and Kevin Yao BEIJING (Reuters) - Residents of China are increasingly on the move after the country's sudden reversal last month of heavy COVID-19 curbs, despite a...urn:store:2:news:blog:40562https://hotcoinmarket.com/imfs-georgieva-says-japan-not-facing-increased-inflationary-pressuresIMF's Georgieva says Japan not facing increased inflationary pressuresWASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Bank of Japan was conducting an appropriate review of its monetary...urn:store:2:news:blog:40560https://hotcoinmarket.com/imf-chief-expects-to-keep-2023-global-growth-forecast-steady-at-27IMF chief expects to keep 2023 global growth forecast steady at 2.7%WASHINGTON (Reuters) - The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting...urn:store:2:news:blog:40561https://hotcoinmarket.com/anti-esg-drive-in-us-could-have-cost-taxpayers-up-to-708-million-studyAnti-ESG drive in U.S. could have cost taxpayers up to $708 million - studyBy Tommy Wilkes and Ross Kerber (Reuters) - A campaign by U.S. Republican state officials to bar financial institutions from winning business because of their stance on issues...urn:store:2:news:blog:40559https://hotcoinmarket.com/imfs-georgieva-says-us-may-be-able-to-avoid-recession-in-2023IMF's Georgieva says U.S. may be able to avoid recession in 2023WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that there is mounting evidence that the United States can avoid...urn:store:2:news:blog:40558https://hotcoinmarket.com/haddad-unveils-plan-to-cut-brazils-2023-deficit-below-20-billionHaddad unveils plan to cut Brazil's 2023 deficit below $20 billionBy Marcela Ayres BRASILIA (Reuters) - Brazilian Finance Minister Fernando Haddad on Thursday announced a plan to more than halve the government's estimated deficit this year by...urn:store:2:news:blog:40555https://hotcoinmarket.com/major-media-want-to-know-who-guaranteed-sam-bankman-frieds-250-million-bondMajor media want to know who guaranteed Sam Bankman-Fried's $250 million bondBy Jonathan Stempel and Luc Cohen NEW YORK (Reuters) - Eight major media outlets on Thursday asked the U.S. judge overseeing Sam Bankman-Fried's criminal case to make public the...urn:store:2:news:blog:40556https://hotcoinmarket.com/marketmind-keep-calm-risk-onMarketmind: Keep calm, risk onBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. U.S. inflation data for December is in, and while market reaction was perhaps a little...urn:store:2:news:blog:40557https://hotcoinmarket.com/lendingclub-cuts-14-workforce-to-pare-costsLendingClub cuts 14% workforce to pare costs(Reuters) - LendingClub (NYSE:LC) Corp said on Thursday it has laid off 14% of its workforce, or 225 employees, joining several financial firms which cut costs as threats of a...urn:store:2:news:blog:40554https://hotcoinmarket.com/easing-inflation-solidifies-expectations-for-feds-february-rate-hikeEasing inflation solidifies expectations for Fed's February rate hikeBy Liz Moyer Investing.com -- Easing inflation is feeding expectations that the Federal Reserve will lift interest rates by a quarter of a percentage point next month, a slower...urn:store:2:news:blog:40552https://hotcoinmarket.com/south-korea-dec-import-price-growth-slowest-in-21-monthsSouth Korea Dec import price growth slowest in 21 monthsSEOUL (Reuters) - South Korea's import prices rose at their slowest pace in 21 months in December, as the local won currency strengthened and oil prices fell, implying weakening...urn:store:2:news:blog:40553https://hotcoinmarket.com/us-december-deficit-quadruples-as-outlays-grow-debt-ceiling-nearsU.S. December deficit quadruples as outlays grow, debt ceiling nearsBy David Lawder WASHINGTON (Reuters) -The U.S. government's December budget deficit quadrupled from a year earlier to $85 billion as receipts shrank slightly and outlays grew to a...urn:store:2:news:blog:40551https://hotcoinmarket.com/crisis-hit-ghana-increases-public-servant-salaries-by-30Crisis-hit Ghana increases public servant salaries by 30%ACCRA (Reuters) - Ghana's government and trade unions on Thursday agreed to increase all public servants' salaries by 30% for 2023, they said in a joint statement, as the country...urn:store:2:news:blog:40550https://hotcoinmarket.com/canada-appoints-first-nations-member-to-bank-of-canada-boardCanada appoints First Nations member to Bank of Canada boardOTTAWA (Reuters) - The Canadian government filled three Bank of Canada board vacancies on Thursday with finance veterans including Ernie Daniels, likely the first First Nations...urn:store:2:news:blog:40549https://hotcoinmarket.com/us-budget-gap-hits-421-billion-setting-stage-for-debt-limit-fightUS Budget Gap Hits $421 Billion, Setting Stage for Debt-Limit Fight(Bloomberg) -- The US government’s budget deficit widened by 12% for the first quarter of the fiscal year, presaging what’s set to be an intense political battle over fiscal...urn:store:2:news:blog:40548https://hotcoinmarket.com/fed-policymakers-signal-rate-hike-slowdown-coming-but-no-easingFed policymakers signal rate-hike slowdown coming, but no easingBy Ann Saphir (Reuters) - Federal Reserve policymakers on Thursday expressed relief that price pressures were easing, paving the way for a possible slowdown in interest rate...urn:store:2:news:blog:40547https://hotcoinmarket.com/analysis-softer-inflation-print-stirs-hopes-of-goldilocks-scenario-for-us-marketsAnalysis-Softer inflation print stirs hopes of 'Goldilocks' scenario for U.S. marketsBy David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) - Some investors believe a slowdown in U.S. inflation last month may be paving the way for a market-friendly “Goldilocks”...urn:store:2:news:blog:40546https://hotcoinmarket.com/us-december-deficit-quadruples-as-outlays-grow-revenues-fallU.S December deficit quadruples as outlays grow, revenues fallWASHINGTON (Reuters) - The U.S. government's budget deficit for December quadrupled from a year earlier to $85 billion as receipts shrank slightly and outlays grew to a new...urn:store:2:news:blog:40545https://hotcoinmarket.com/explainer-washington-creeps-toward-a-debt-catastrophe-againExplainer-Washington creeps toward a debt catastrophe, againBy Jason Lange WASHINGTON (Reuters) - An expected showdown between President Joe Biden's Democrats and a newly minted Republican majority in the U.S. House of Representatives over...urn:store:2:news:blog:40544https://hotcoinmarket.com/debt-bomb-biotech-bump-and-a-bond-rally-2023-money-predictionsDebt bomb, biotech bump and a bond rally: 2023 money predictionsBy Chris Taylor NEW YORK (Reuters) - If there was only one word to sum up 2022, "unpredictable" might be the most accurate. Yet we all enjoy trying to predict the future,...urn:store:2:news:blog:40543https://hotcoinmarket.com/rebound-in-us-stocks-faces-earnings-testRebound in U.S. stocks faces earnings testBy Caroline Valetkevitch NEW YORK (Reuters) - A tentative bounce in U.S. stocks is about to face a key test, as companies get set to report fourth-quarter results amid worries...urn:store:2:news:blog:40541https://hotcoinmarket.com/feds-bullard-says-latest-inflation-data-step-in-right-directionFed's Bullard says latest inflation data step in right direction(Reuters) - The U.S. economy is primed for disinflation this year but the path back to the Federal Reserve's 2% target will be bumpy and require interest rates to remain higher...urn:store:2:news:blog:40542https://hotcoinmarket.com/warner-bros-discovery-rolls-out-first-hbo-max-price-hike-in-usWarner Bros Discovery rolls out first HBO Max price hike in U.S(Reuters) -Warner Bros Discovery (NASDAQ:WBD) Inc is raising HBO Max's ad-free subscription fee in the United States for the first time since the streaming service was launched in...urn:store:2:news:blog:40540https://hotcoinmarket.com/feds-bullard-favors-getting-rates-above-5-as-soon-as-possibleFed’s Bullard Favors Getting Rates Above 5% ‘as Soon as Possible’(Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said the US central bank should raise interest rates above 5% expeditiously to ensure price pressures are...urn:store:2:news:blog:40537https://hotcoinmarket.com/warner-bros-discovery-hikes-hbo-max-ad-free-subscription-feeWarner Bros Discovery hikes HBO Max ad-free subscription fee(Reuters) -Warner Bros Discovery (NASDAQ:WBD) Inc is raising the price of its HBO Max ad-free monthly subscription in the United States by $1 to $15.99 plus taxes, the TV network...urn:store:2:news:blog:40536https://hotcoinmarket.com/tesla-delays-plans-to-expand-shanghai-factory-bloomberg-newsTesla delays plans to expand Shanghai factory - Bloomberg News(Reuters) -Electric carmaker Tesla (NASDAQ:TSLA) Inc has delayed plans to expand its Shanghai factory, Bloomberg News reported on Thursday, citing people familiar with the matter....urn:store:2:news:blog:40534https://hotcoinmarket.com/brazil-making-atypical-soy-sales-to-argentina-anec-saysBrazil making 'atypical' soy sales to Argentina, Anec saysBy Ana Mano and Roberto Samora SAO PAULO (Reuters) -Anec, a Brazilian association representing global grain traders like Cargill and Bunge (NYSE:BG), on Thursday confirmed...urn:store:2:news:blog:40532https://hotcoinmarket.com/brazils-lula-predicts-policies-in-place-within-100-days-reassures-marketsBrazil's Lula predicts policies in place within 100 days, reassures marketsBRASILIA (Reuters) - Brazil's leftist President Luiz Inacio Lula da Silva said on Thursday that he plans to have policies ready within 100 days so the country "runs at normal...urn:store:2:news:blog:40533https://hotcoinmarket.com/analysis-us-credit-lures-investors-but-recession-risk-could-mean-wild-2023Analysis-U.S. credit lures investors but recession risk could mean wild 2023By Davide Barbuscia, Carolina Mandl and Shankar Ramakrishnan NEW YORK (Reuters) - Investors are increasing their exposure to U.S. corporate bonds as they take advantage of a surge...urn:store:2:news:blog:40531https://hotcoinmarket.com/fed-seen-stopping-rate-hikes-shy-of-5-as-inflation-slowsFed seen stopping rate hikes shy of 5% as inflation slowsBy Ann Saphir (Reuters) -Easing inflation will allow the Federal Reserve to deliver just a quarter-point rise in interest rates at its next meeting, and to ultimately stop raising...urn:store:2:news:blog:40529https://hotcoinmarket.com/dcgs-crypto-broker-genesis-owes-creditors-more-than-3-billion-sourceDCG's crypto broker Genesis owes creditors more than $3 billion - sourceBy Manya Saini and Hannah Lang (Reuters) -Crypto broker Genesis owes creditors more than $3 billion, a person familiar with the matter told Reuters, as woes pile up for its owner,...urn:store:2:news:blog:40530https://hotcoinmarket.com/ryanair-ceo-sees-high-single-digit-air-fare-rise-in-very-strong-summerRyanair CEO sees high single digit air fare rise in 'very strong' summerBy Angelo Amante ROME (Reuters) -Ryanair is expecting a very strong summer season with a reasonable prospect of average European short-haul air fares rising by a high single digit...urn:store:2:news:blog:40528https://hotcoinmarket.com/feds-harker-supports-25-basis-point-hikes-going-forwardFed’s Harker Supports 25 Basis-Point Hikes ‘Going Forward’(Bloomberg) -- Federal Reserve Bank of Philadelphia President Patrick Harker said the central bank should lift interest rates in quarter-point increments “going forward” as it...urn:store:2:news:blog:40527https://hotcoinmarket.com/feds-harker-ready-to-downshift-to-25-basis-point-interest-rate-hikesFed's Harker ready to downshift to 25 basis-point interest rate hikesBy Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the central bank needs to raise rates more to cool off...urn:store:2:news:blog:40526https://hotcoinmarket.com/fed-seen-near-certain-to-switch-to-smaller-rate-hikes-as-inflation-slowsFed seen near certain to switch to smaller rate hikes as inflation slows(Reuters) -The Federal Reserve is now seen nearly certain to deliver just a quarter-point interest-rate hike at its next meeting and likely to ultimately stop raising rates short...urn:store:2:news:blog:40523https://hotcoinmarket.com/us-cpi-disneys-peltz-fight-ftx-cash-whats-moving-marketsU.S. CPI, Disney's Peltz fight, FTX cash - what's moving marketsBy Geoffrey Smith Investing.com -- The U.S. releases consumer inflation data for December (China's inflation numbers released overnight scarcely moved the dial). Stocks are...urn:store:2:news:blog:40522https://hotcoinmarket.com/polish-central-banker-kotecki-says-no-room-for-rate-cut-this-yearPolish central banker Kotecki says no room for rate cut this yearWARSAW (Reuters) - Double-digit inflation in Poland leaves no room for loosening monetary policy this year but interest rates will not rise further, central banker Ludwik Kotecki...urn:store:2:news:blog:40521https://hotcoinmarket.com/russian-car-sales-down-588-in-2022-as-sanctions-hit-industry-hardRussian car sales down 58.8% in 2022 as sanctions hit industry hardMOSCOW (Reuters) -Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday, as the industry reels from the impact of Western...urn:store:2:news:blog:40519https://hotcoinmarket.com/new-economic-regime-challenges-central-bankers-to-keep-paceNew economic 'regime' challenges central bankers to keep paceBy Howard Schneider WASHINGTON (Reuters) - For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling,...urn:store:2:news:blog:40520https://hotcoinmarket.com/uk-and-eu-aim-for-final-deal-to-end-brexit-clash-in-fresh-talksUK and EU Aim for Final Deal to End Brexit Clash in Fresh Talks(Bloomberg) -- The European Union and the UK are preparing to enter an intense phase of negotiations starting next week aimed at overcoming the dispute over the post-Brexit trading...urn:store:2:news:blog:40517https://hotcoinmarket.com/volkswagen-group-output-on-the-rise-in-q4-after-full-year-7-dropVolkswagen Group output on the rise in Q4 after full-year 7% dropBERLIN (Reuters) -The Volkswagen (ETR:VOWG_p) Group reported a 14.3% rise in fourth quarter sales on Thursday but failed to turn around a significant drop in output in the first...urn:store:2:news:blog:40516https://hotcoinmarket.com/hsbc-wins-appeal-against-36-million-euribor-cartel-fineHSBC wins appeal against $36 million Euribor cartel fineBy Foo Yun Chee BRUSSELS (Reuters) - HSBC has won an appeal against a decision by European antitrust regulators to fine Europe's second-largest bank 33.6 million euros ($36...urn:store:2:news:blog:40515https://hotcoinmarket.com/germany-should-diversify-its-trade-partners-economic-adviser-saysGermany should diversify its trade partners, economic adviser saysBERLIN (Reuters) - Germany needs to diversify its international business partners and focus on new regions of the world, the government's chief economic adviser said, arguing that...urn:store:2:news:blog:40511https://hotcoinmarket.com/eu-court-confirms-hsbcs-annulled-euribor-cartel-fineEU court confirms HSBC's annulled euribor cartel fineBRUSSELS (Reuters) - Europe's top court on Thursday confirmed the annulment of an EU antitrust fine handed out to HSBC in 2016 for rigging the Euribor financial benchmark together...urn:store:2:news:blog:40512https://hotcoinmarket.com/china-growth-seen-rebounding-to-49-in-2023-more-stimulus-on-the-cards-reuters-pollChina growth seen rebounding to 4.9% in 2023, more stimulus on the cards - Reuters pollBy Kevin Yao BEIJING (Reuters) - China's economic growth is likely to rebound to 4.9% in 2023, before steadying in 2024, a Reuters poll showed, as policymakers pledge to step up...urn:store:2:news:blog:40507https://hotcoinmarket.com/faa-has-struggled-to-modernize-computer-air-traffic-operationsFAA has struggled to modernize computer, air traffic operationsBy David Shepardson WASHINGTON (Reuters) - The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday, is not the first such...urn:store:2:news:blog:40506https://hotcoinmarket.com/philippines-central-bank-hopes-to-cut-rates-in-2024-flags-rrr-reductionPhilippines central bank hopes to cut rates in 2024, flags RRR reductionBy Neil Jerome Morales MANILA (Reuters) - The Philippines' central bank governor said on Thursday he hoped benchmark interest rates could be cut in 2024, once inflation was under...urn:store:2:news:blog:40503https://hotcoinmarket.com/california-is-deluged-by-record-rain-with-more-storms-coming-2California is deluged by record rain with more storms comingBy Kate Fishman MENDOCINO, Calif. (Reuters) -The seventh consecutive atmospheric river since Christmas dumped more rain on Northern California on Wednesday, offering little relief...urn:store:2:news:blog:40502https://hotcoinmarket.com/analysis-security-migration-trump-energy-dispute-at-biden-mexico-summit-2Analysis-Security, migration trump energy dispute at Biden Mexico summitBy Dave Graham MEXICO CITY (Reuters) -U.S. President Joe Biden and his Mexican counterpart this week pledged to work together to tackle drug trafficking and illegal immigration...urn:store:2:news:blog:40500https://hotcoinmarket.com/boj-faces-further-test-to-its-yield-control-as-inflation-creeps-upBOJ faces further test to its yield control as inflation creeps upBy Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) will likely raise its inflation forecasts next week and debate whether further steps are needed to address market...urn:store:2:news:blog:40497https://hotcoinmarket.com/south-korea-seeks-to-improve-foreign-access-to-its-marketsSouth Korea seeks to improve foreign access to its marketsBy Jihoon Lee SEOUL (Reuters) -South Korea will unveil a range of measures in the coming months to open its domestic financial markets, including plans to extend trading hours on...urn:store:2:news:blog:40498https://hotcoinmarket.com/boj-more-upbeat-on-regional-japan-wage-prospectsBOJ more upbeat on regional Japan, wage prospectsBy Leika Kihara TOKYO (Reuters) - The Bank of Japan on Thursday offered a more optimistic view on the country's economic health and pointed to growing number of firms planning...urn:store:2:news:blog:40492https://hotcoinmarket.com/marketmind-rip-yccMarketmind: RIP YCC?By Wayne Cole SYDNEY (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. The main surprise in Asia was provided by a Yomiuri newspaper report that...urn:store:2:news:blog:40491https://hotcoinmarket.com/stocks-becalmed-before-potential-cpi-stormStocks becalmed before potential CPI stormBy Tom Westbrook SINGAPORE (Reuters) - Asian stocks hovered below seven-month highs on Thursday, as investors waited to see whether U.S. data will confirm inflation is in retreat,...urn:store:2:news:blog:40485https://hotcoinmarket.com/brazil-government-acts-against-bolsonaro-backers-new-protest-fizzlesBrazil government acts against Bolsonaro backers, new protest fizzlesBy Ricardo Brito and Anthony Boadle BRASILIA (Reuters) -Brazilian federal prosecutors on Wednesday requested the investigation of three congressional allies of former President...urn:store:2:news:blog:40484https://hotcoinmarket.com/china-consumer-inflation-accelerates-in-dec-ppi-falls-with-soft-demand-2China consumer inflation accelerates in Dec; PPI falls with soft demandBEIJING (Reuters) - China's annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained economic activity...urn:store:2:news:blog:40476https://hotcoinmarket.com/asia-stocks-hit-7-month-high-on-china-and-cpi-betsAsia stocks hit 7-month high on China and CPI betsBy Tom Westbrook SINGAPORE (Reuters) - Asian stock markets mostly pushed higher on Thursday, ahead of U.S. consumer price data that investors hope will confirm inflation is in...urn:store:2:news:blog:40475https://hotcoinmarket.com/china-consumer-inflation-accelerates-in-dec-ppi-falls-with-soft-demandChina consumer inflation accelerates in Dec, PPI falls with soft demandBEIJING (Reuters) - China recorded accelerating annual consumer inflation in December, driven by rising food prices even as domestic demand wavered amid restrained economic...urn:store:2:news:blog:40473https://hotcoinmarket.com/blackrock-cutting-500-jobs-after-recent-growth-sourceBlackRock cutting 500 jobs after recent growth -source(Reuters) -BlackRock Inc, the world's largest asset manager, is cutting some staff after growing in recent years, with 500 jobs impacted, a source familiar with the matter said on...urn:store:2:news:blog:40471https://hotcoinmarket.com/boj-to-review-side-effects-of-massive-easing-at-next-weeks-meeting-yomiuriBOJ to review side-effects of massive easing at next week's meeting -YomiuriTOKYO (Reuters) - The Bank of Japan will review the side-effects of its monetary easing at next week's policy meetings due to skewed interest rates seen in the market even after...urn:store:2:news:blog:40469https://hotcoinmarket.com/us-watchdog-moves-to-block-debt-mill-working-for-citi-discoverU.S. watchdog moves to block 'debt mill' working for Citi, Discover(Reuters) - The Consumer Financial Protection Bureau moved to stop a New York law firm it said was acting as a high-volume debt collection service for major lenders including...urn:store:2:news:blog:40470https://hotcoinmarket.com/inflation-to-slump-to-22-by-year-end-setting-up-rally-for-stocks-wells-fargoInflation to slump to 2.2% by year-end, setting up rally for stocks: Wells FargoBy Yasin Ebrahim Investing.com -- Inflation is widely expected to show further signs of easing on Thursday, and could fall by a staggering 76% in this cycle and fall to 2.2% by...urn:store:2:news:blog:40468https://hotcoinmarket.com/marketmind-to-the-inflation-stationsMarketmind: To the inflation stationsBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. U.S. inflation will set off the global market fireworks on Thursday and beyond, but...urn:store:2:news:blog:40466https://hotcoinmarket.com/boston-feds-collins-supports-25-bps-hike-nytBoston Fed's Collins supports 25 bps hike - NYTBy Sam Boughedda The Federal Reserve Bank of Boston's president, Susan M. Collins, stated that she was leaning toward raising interest rates by a quarter point at the central...urn:store:2:news:blog:40467https://hotcoinmarket.com/biden-says-republicans-democrats-should-unite-against-big-tech-abuses-wsjBiden says Republicans, Democrats should unite against Big Tech 'abuses' -WSJ(Reuters) -U.S. President Joe Biden said in an opinion piece in the Wall Street Journal that Democrats and Republicans need to come together to pass strong bipartisan legislation...urn:store:2:news:blog:40465https://hotcoinmarket.com/ecb-will-keep-raising-rates-significantly-at-sustained-pace-de-cos-saysECB will keep raising rates 'significantly' at sustained pace, De Cos saysBy Jesús Aguado MADRID (Reuters) -The European Central Bank expects to continue raising interest rates "significantly" at future meetings, at a sustained pace, to ensure that...urn:store:2:news:blog:40464https://hotcoinmarket.com/israel-to-trim-taxes-water-and-energy-costs-to-fight-inflationIsrael to trim taxes, water and energy costs to fight inflationJERUSALEM (Reuters) -Israel will cancel or cut back recent hikes in property taxes, water and energy costs, Prime Minister Benjamin Netanyahu said on Wednesday, unveiling...urn:store:2:news:blog:40463https://hotcoinmarket.com/ecb-will-continue-raising-rates-significantly-at-sustained-pace-de-cos-saysECB will continue raising rates "significantly" at sustained pace, De Cos saysMADRID (Reuters) - The European Central Bank will continue raising interest rates "significantly" at future meetings, at a sustained pace, to ensure that inflation returns to the...urn:store:2:news:blog:40462https://hotcoinmarket.com/feds-collins-leans-toward-quarter-point-rate-increase-nytFed's Collins leans toward quarter-point rate increase -NYTBy Michael S. Derby (Reuters) - Boston Federal Reserve bank leader Susan Collins said she is inclined to raise interest rates by a quarter percentage point at the central bank's...urn:store:2:news:blog:40461https://hotcoinmarket.com/biden-says-republicans-democrats-need-to-unite-against-big-tech-abuses-wsj-2Biden says Republicans, Democrats need to unite against Big Tech 'abuses' -WSJ(Reuters) -U.S. President Joe Biden said in an opinion piece in the Wall Street Journal that Democrats and Republicans need to come together to pass strong bipartisan legislation...urn:store:2:news:blog:40460https://hotcoinmarket.com/lula-government-braces-for-new-pro-bolsonaro-protests-in-brazilLula government braces for new pro-Bolsonaro protests in BrazilBy Ricardo Brito and Anthony Boadle BRASILIA (Reuters) -Brazil's 11-day-old government braced on Wednesday for more protests by far-right former President Jair Bolsonaro's...urn:store:2:news:blog:40459https://hotcoinmarket.com/factbox-global-banks-cut-jobs-as-cost-pressures-mountFactbox-Global banks cut jobs as cost pressures mountLONDON (Reuters) - Banks have begun to trim jobs globally, hit by cost pressures as a result of inflation and shrinking revenues in many core business lines amid volatile markets...urn:store:2:news:blog:40457https://hotcoinmarket.com/blackrock-to-cut-up-to-500-jobs-amid-market-turmoil-insiderBlackRock to cut up to 500 jobs amid market turmoil - Insider(Reuters) - BlackRock Inc (NYSE:BLK) is cutting up to 500 jobs, Insider reported on Wednesday, citing a memo, as Wall Street continues to downsize in the face of high interest...urn:store:2:news:blog:40458https://hotcoinmarket.com/biden-says-republicans-democrats-need-to-unite-against-big-tech-abuses-wsjBiden says Republicans, Democrats need to unite against Big Tech "abuses" - WSJ(Reuters) - U.S. President Joe Biden said in an opinion piece in the Wall Street Journal that Democrats and Republicans need to come together to pass strong bipartisan legislation...urn:store:2:news:blog:40456https://hotcoinmarket.com/factbox-tech-firms-wall-street-lead-job-cuts-in-corporate-america-2Factbox-Tech firms, Wall Street lead job cuts in corporate America(Adds BlackRock and Bed Bath, updates Goldman Sachs) (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look...urn:store:2:news:blog:40453https://hotcoinmarket.com/hsbc-expects-feds-final-rate-hike-on-feb-1-cuts-next-yearHSBC expects Fed's final rate hike on Feb. 1, cuts next yearNEW YORK (Reuters) - The Federal Reserve will likely hike its target interest rate for the last time at its Jan. 31-Feb. 1 monetary policy meeting, raising it by 50 basis points...urn:store:2:news:blog:40452https://hotcoinmarket.com/lula-government-braces-for-new-protests-in-brazilLula government braces for new protests in BrazilBy Ricardo Brito and Anthony Boadle BRASILIA (Reuters) - Brazil's 11-day-old government braced on Wednesday for more protests by far-right former President Jair Bolsonaro's...urn:store:2:news:blog:40450https://hotcoinmarket.com/ecb-needs-several-more-significant-rate-hikes-rehn-saysECB needs several more significant rate hikes, Rehn saysFRANKFURT (Reuters) -The European Central Bank must still raise interest rates "significantly" over its coming meetings to restrict growth and dampen inflation, which has been far...urn:store:2:news:blog:40451https://hotcoinmarket.com/ryanair-to-close-its-brussels-airport-baseRyanair to close its Brussels Airport base(Reuters) -Ryanair is closing its Brussels Zaventem base because of the airport's decision to increase prices from April, it said on Wednesday. Europe's largest budget airline...urn:store:2:news:blog:40449https://hotcoinmarket.com/analysis-investors-brace-for-us-debt-ceiling-fight-after-house-speaker-sagaAnalysis-Investors brace for U.S. debt-ceiling fight after House speaker sagaBy Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) - A tumultuous start for the new U.S. Congress has some investors worried about what could be a prolonged battle over...urn:store:2:news:blog:40448https://hotcoinmarket.com/s-koreas-hanwha-qcells-to-invest-25-billion-in-us-solar-supply-chainS. Korea's Hanwha Qcells to invest $2.5 billion in U.S. solar supply chainBy Nichola Groom (Reuters) -South Korean solar energy company Qcells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the United States,...urn:store:2:news:blog:40445https://hotcoinmarket.com/brazil-retail-sales-post-biggest-drop-in-five-months-in-novemberBrazil retail sales post biggest drop in five months in NovemberSAO PAULO (Reuters) - Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics agency IBGE said on Wednesday, affected by higher...urn:store:2:news:blog:40444https://hotcoinmarket.com/pakistan-to-take-fiscal-measures-set-by-imf-to-meet-budgetary-targetsPakistan to take fiscal measures set by IMF to meet budgetary targetsBy Asif Shahzad ISLAMABAD (Reuters) - Pakistan will take fiscal measures set by the International Monetary Fund (IMF) to meet its budgetary targets for the 2022-23 financial year,...urn:store:2:news:blog:40441https://hotcoinmarket.com/french-unions-gear-up-for-fight-against-delayed-retirementFrench unions gear up for fight against delayed retirementBy Noemie Olive and Ingrid Melander PARIS (Reuters) - French unions and opposition parties on Wednesday said they would fight hard to try to derail a highly unpopular plan to make...urn:store:2:news:blog:40442https://hotcoinmarket.com/german-industry-is-losing-green-energy-race-autos-association-warnsGerman industry is losing green energy race, autos association warnsBERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as an industrial player, the president of German...urn:store:2:news:blog:40443https://hotcoinmarket.com/lula-government-prepares-for-more-anti-democratic-protests-in-brazilLula government prepares for more anti-democratic protests in BrazilBy Ricardo Brito BRASILIA (Reuters) - Brazil's 11-day-old government braced on Wednesday for more anti-democratic protests by far-right former President Jair Bolsonaro's...urn:store:2:news:blog:40440https://hotcoinmarket.com/russia-advances-lvmh-shakeup-crypto-spat-whats-moving-marketsRussia advances, LVMH shakeup, crypto spat - what's moving marketsBy Geoffrey Smith  Investing.com -- Russia claims its first battlefield victory in Ukraine in months, as the West plots new sanctions against it. Apple is accelerating efforts to...urn:store:2:news:blog:40434https://hotcoinmarket.com/chinas-2022-industrial-output-expected-to-have-grown-36-yyChina's 2022 industrial output expected to have grown 3.6% y/yBEIJING (Reuters) - China's industrial output is expected to have grown 3.6% in 2022 from the previous year, the Ministry of Industry and Information Technology (MIIT) said on...urn:store:2:news:blog:40432https://hotcoinmarket.com/ecbs-villeroy-sees-rate-hikes-at-a-pragmatic-pace-in-coming-monthsECB's Villeroy sees rate hikes at a 'pragmatic pace' in coming monthsPARIS (Reuters) - Interest rate hikes by the European Central Bank will need to come at a "pragmatic pace" in the coming months, French ECB policymaker Francois Villeroy de Galhau...urn:store:2:news:blog:40433https://hotcoinmarket.com/nearly-16-million-americans-sign-up-for-2023-obamacare-plans-2Nearly 16 million Americans sign up for 2023 Obamacare plans(Reuters) - Nearly 16 million Americans have so far signed up for health insurance through the Affordable Care Act's marketplace, a 13% jump from a year earlier, according to the...urn:store:2:news:blog:40431https://hotcoinmarket.com/ghana-says-debt-exchange-talks-with-local-pension-funds-continuingGhana says debt exchange talks with local pension funds continuingACCRA (Reuters) - Ghana's finance ministry on Wednesday said negotiations on the terms of a domestic debt exchange agreement with local pension funds were continuing and that they...urn:store:2:news:blog:40430https://hotcoinmarket.com/column-is-brazil-another-bric-in-the-wall-mike-dolanColumn-Is Brazil another BRIC in the wall? :Mike DolanBy Mike Dolan LONDON (Reuters) - Almost as surprising as the weekend's shock events in Brasilia was how little world markets appeared to react - showing investors may already be...urn:store:2:news:blog:40427https://hotcoinmarket.com/european-shares-rise-on-china-reopening-cheer-slow-pace-of-rate-hikesEuropean shares rise on China reopening cheer, slow pace of rate hikes(Reuters) - European shares edged up on Wednesday, lifted by Bayer (OTC:BAYRY) and LVMH, while optimism over reopening in China and hopes of less aggressive U.S. interest rate...urn:store:2:news:blog:40423https://hotcoinmarket.com/move-over-tina-its-time-for-taraMove over TINA, it's time for TARABy Naomi Rovnick (Reuters) - A shakeout in financial markets triggered by central banks' sudden move to abandon ultra-low interest rates has created a casualty money managers will...urn:store:2:news:blog:40424https://hotcoinmarket.com/bojs-2-inflation-target-can-be-tweaked-to-range-deputy-governor-candidate-saysBOJ's 2% inflation target can be tweaked to 'range', deputy governor candidate saysBy Kantaro Komiya TOKYO (Reuters) - The Bank of Japan's (BOJ) 2% inflation target can be modified into a "range" to sustain monetary policy flexibility amid possibly higher...urn:store:2:news:blog:40422https://hotcoinmarket.com/asian-shares-touch-six-month-high-focus-firmly-on-us-cpi-dataAsian shares touch six-month high, focus firmly on U.S. CPI dataBy Ankur Banerjee SINGAPORE (Reuters) - Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation data for cues on the...urn:store:2:news:blog:40419https://hotcoinmarket.com/bojs-change-to-yield-curve-control-a-reasonable-decision-former-board-member-shirai-saysBOJ's change to yield curve control a reasonable decision, former board member Shirai saysTOKYO (Reuters) - The Bank of Japan's (BOJ) move to tweak its bond yield curve control last month was a reasonable decision aimed at making its policy sustainable, former board...urn:store:2:news:blog:40416https://hotcoinmarket.com/billionaires-squabble-stalls-australia-to-asia-solar-power-projectBillionaires' squabble stalls Australia-to-Asia solar power projectBy Sonali Paul and Harshita Swaminathan MELBOURNE (Reuters) -The developer of a $21-billion project aiming to deliver solar power to Singapore from Australia has collapsed as its...urn:store:2:news:blog:40415https://hotcoinmarket.com/marketmind-risk-on-risk-offMarketmind: Risk on, risk offA look at the day ahead in European and global markets from Anshuman Daga Asian equity markets are flirting with six-month highs, powered by risk-on sentiment and hopes of a...urn:store:2:news:blog:40413https://hotcoinmarket.com/strength-of-weak-ties-how-casual-contacts-can-boost-your-careerStrength of 'weak ties': How casual contacts can boost your careerBy Chris Taylor NEW YORK (Reuters) - When Lauren Hopkins snagged a gig in student affairs at Virginia Commonwealth University in Richmond, Virginia, she figured she knew whom to...urn:store:2:news:blog:40411https://hotcoinmarket.com/world-bank-sees-india-growth-slowing-to-66-in-fy24World Bank sees India growth slowing to 6.6% in FY24MUMBAI (Reuters) - India's economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in the current year, the World Bank said in its latest economic update....urn:store:2:news:blog:40410https://hotcoinmarket.com/most-japan-households-expect-prices-to-rise-in-year-ahead-boj-surveyMost Japan households expect prices to rise in year ahead - BOJ surveyTOKYO (Reuters) - The ratio of Japanese households expecting prices to rise a year from now stood at 85.0% in December, down from 85.7% in September, a quarterly survey by the...urn:store:2:news:blog:40406https://hotcoinmarket.com/uniqlo-owner-gives-japan-inc-a-jolt-with-40-wage-hikeUniqlo owner gives Japan Inc a jolt with 40% wage hikeTOKYO (Reuters) -Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, focusing on its home market of Japan, where salaries have been under...urn:store:2:news:blog:40403https://hotcoinmarket.com/asian-shares-subdued-dollar-steady-focus-on-us-cpi-dataAsian shares subdued, dollar steady, focus on U.S. CPI dataBy Ankur Banerjee SINGAPORE (Reuters) - Asian equities edged higher on Wednesday, while the dollar steadied as investors braced for U.S. inflation data that will influence the...urn:store:2:news:blog:40401https://hotcoinmarket.com/north-america-vows-to-strengthen-economic-ties-mexico-energy-row-rumbles-onNorth America vows to strengthen economic ties, Mexico energy row rumbles onBy Jarrett Renshaw and Dave Graham MEXICO CITY (Reuters) -The United States, Mexico and Canada on Tuesday vowed to tighten economic ties, producing more goods regionally and...urn:store:2:news:blog:40400https://hotcoinmarket.com/storms-bring-mudslides-evacuations-to-california-with-more-rain-forecastStorms bring mudslides, evacuations to California with more rain forecastBy Jorge Garcia LA CONCHITA, Calif. (Reuters) -The latest Pacific storm unleashed torrential downpours and damaging winds in California on Tuesday, knocking out power and turning...urn:store:2:news:blog:40397https://hotcoinmarket.com/china-central-bank-steps-up-short-term-liquidity-injection-ahead-of-long-holidayChina central bank steps up short-term liquidity injection ahead of long holidaySHANGHAI (Reuters) - China's central bank ramped up a liquidity injection on Wednesday, offering fresh funds to the banking system for the first time this year to help meet...urn:store:2:news:blog:40398https://hotcoinmarket.com/japans-fast-retailing-to-raise-wages-as-much-as-40Japan's Fast Retailing to raise wages as much as 40%TOKYO (Reuters) -Uniqlo clothing chain operator Fast Retailing Co Ltd said on Wednesday it will raise wages by as much as 40%, focusing on its home market of Japan where salaries...urn:store:2:news:blog:40394https://hotcoinmarket.com/wwe-co-ceo-stephanie-mcmahon-resigns-vince-returns-as-executive-chairmanWWE co-CEO Stephanie McMahon resigns, Vince returns as executive chairman(Reuters) -World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive...urn:store:2:news:blog:40392https://hotcoinmarket.com/dollar-stands-firm-while-traders-await-cpiDollar stands firm while traders await CPIBy Tom Westbrook SINGAPORE (Reuters) - The dollar held its ground on Wednesday, in spite of downward pressure from lower bond yields and higher stocks, as traders waited on this...urn:store:2:news:blog:40393https://hotcoinmarket.com/foreign-capital-returned-to-mexico-last-year-bucking-earlier-outflowsForeign capital returned to Mexico last year, bucking earlier outflowsBy Noe Torres MEXICO CITY (Reuters) - After two years of record outflows of foreign capital, Mexico's economy bounced back in 2022 in large part due to attractive yields compared...urn:store:2:news:blog:40391https://hotcoinmarket.com/bank-of-korea-set-to-finish-tightening-on-jan-13-with-25-bps-move-reuters-pollBank of Korea set to finish tightening on Jan. 13 with 25 bps move: Reuters PollBy Devayani Sathyan BENGALURU (Reuters) - The Bank of Korea will raise interest rates by another quarter percentage point on Friday, likely its last move in an aggressive...urn:store:2:news:blog:40390https://hotcoinmarket.com/macro-hedge-funds-end-2022-on-high-many-others-lose-big-investors-sayMacro hedge funds end 2022 on high, many others lose big, investors sayBy Svea Herbst-Bayliss NEW YORK (Reuters) - Some hedge funds that bet on macroeconomic trends boasted eye-popping double and even triple digit gains for 2022, investors said,...urn:store:2:news:blog:40389https://hotcoinmarket.com/storms-inundate-california-provoking-mudslides-evacuationsStorms inundate California, provoking mudslides, evacuationsBy Jorge Garcia LA CONCHITA, Calif. (Reuters) -The latest Pacific storm unleashed torrential downpours and damaging winds in California on Tuesday, knocking out power and turning...urn:store:2:news:blog:40387https://hotcoinmarket.com/brazil-central-bank-to-remain-vigilant-on-inflation-after-missing-2022-target-governorBrazil central bank to remain vigilant on inflation after missing 2022 target -governorBRASILIA (Reuters) - Brazil's central bank chief Roberto Campos Neto said on Tuesday that policymakers have taken the necessary steps to ensure inflation reaches its targets...urn:store:2:news:blog:40388https://hotcoinmarket.com/marketmind-taking-the-down-under-on-aussie-inflationMarketmind: Taking the down under on Aussie inflationBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. The global inflation focus turns to Australia's November figures on Wednesday, and will...urn:store:2:news:blog:40386https://hotcoinmarket.com/janet-yellen-is-staying-put-to-oversee-billions-in-climate-spendingJanet Yellen is staying put to oversee billions in climate spendingBy Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen is digging in to oversee billions of dollars in federal climate and infrastructure spending that she...urn:store:2:news:blog:40385https://hotcoinmarket.com/global-economies-expected-to-slow-sharply-in-2023-amid-inflation-world-bank-saysGlobal economies expected to slow sharply in 2023 amid inflation, World Bank saysBy Liz Moyer Investing.com -- The global economy will slow this year as high inflation keeps alive the risk of a recession, according to the latest assessment by the World...urn:store:2:news:blog:40384https://hotcoinmarket.com/former-trump-organization-cfo-gets-five-months-in-jailFormer Trump Organization CFO gets five months in jailNEW YORK (Reuters) - A longtime executive for Donald Trump is expected to be sent to New York's Rikers Island jail after being sentenced on Tuesday to five months behind bars for...urn:store:2:news:blog:40382https://hotcoinmarket.com/longtime-trump-cfo-weisselberg-gets-5-months-in-jail-in-tax-fraud-caseLongtime Trump CFO Weisselberg gets 5 months in jail in tax fraud caseBy Karen Freifeld NEW YORK (Reuters) -Allen Weisselberg, a longtime executive for Donald Trump who served as the star prosecution witness in the criminal trial of the former...urn:store:2:news:blog:40383https://hotcoinmarket.com/macron-unions-head-for-french-pension-reform-showdownMacron, unions head for French pension reform showdownBy Caroline Pailliez and Ingrid Melander PARIS (Reuters) -The French should work two years longer to age 64 before retiring, the government said on Tuesday, announcing an...urn:store:2:news:blog:40381https://hotcoinmarket.com/macron-acts-to-push-retirement-in-france-to-64-strikes-and-protests-loomMacron acts to push retirement in France to 64, strikes and protests loomBy Elizabeth Pineau and Caroline Pailliez PARIS (Reuters) -The French should work two years longer to age 64 before retiring, Prime Minister Elisabeth Borne said, detailing an...urn:store:2:news:blog:40380https://hotcoinmarket.com/fed-adds-to-diversity-on-bank-board-leadershipFed adds to diversity on bank board leadershipBy Ann Saphir (Reuters) - The Federal Reserve on Tuesday added to the diversity of its regional Fed bank board leadership, announcing a group of chairs and deputy chairs that for...urn:store:2:news:blog:40379https://hotcoinmarket.com/geminis-winklevoss-calls-for-removal-of-dcg-chief-barry-silbertGemini's Winklevoss calls for removal of DCG chief Barry SilbertBy Niket Nishant and Hannah Lang (Reuters) -Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, called for the removal of Digital Currency Group Inc Chief Executive...urn:store:2:news:blog:40378https://hotcoinmarket.com/ecbs-centeno-we-are-approaching-the-end-of-the-interest-rate-rise-processECB's Centeno: we are approaching the end of the interest rate rise processLISBON (Reuters) - European Central Bank's governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end. The...urn:store:2:news:blog:40376https://hotcoinmarket.com/analysis-with-banks-results-on-tap-options-traders-prepare-for-volatilityAnalysis-With banks' results on tap, options traders prepare for volatilityBy Saqib Iqbal Ahmed NEW YORK (Reuters) - Options traders are bracing for volatility in U.S. bank shares days ahead of an earnings season many believe will bring lower profits and...urn:store:2:news:blog:40377https://hotcoinmarket.com/inflation-fighting-central-bankers-air-climate-role-doubtsInflation fighting central bankers air climate role doubtsBy Francesco Canepa and Lindsay (NYSE:LNN) Dunsmuir STOCKHOLM (Reuters) -Some of the world's top central bankers aired concerns about being expected to tackle climate change as...urn:store:2:news:blog:40375https://hotcoinmarket.com/feds-bowman-says-more-rate-hikes-needed-to-curb-inflationFed’s Bowman Says More Rate Hikes Needed to Curb Inflation(Bloomberg) -- Federal Reserve Governor Michelle Bowman said the central bank has more work to do to curb inflation, noting that further interest-rate increases are needed and...urn:store:2:news:blog:40374https://hotcoinmarket.com/ukraines-2022-inflation-hits-266-but-lower-than-forecastUkraine's 2022 inflation hits 26.6%, but lower than forecastBy Olena Harmash KYIV (Reuters) -Consumer price inflation in Ukraine rose to 26.6% in 2022 as the economy felt the impact of Russia's invasion, but was lower than initially...urn:store:2:news:blog:40373https://hotcoinmarket.com/france-plans-to-push-retirement-age-to-64-strikes-and-protests-loomFrance plans to push retirement age to 64, strikes and protests loomBy Elizabeth Pineau and Caroline Pailliez PARIS (Reuters) -The French should work two years longer to age 64 before retiring, Prime Minister Elisabeth Borne said, detailing an...urn:store:2:news:blog:40372https://hotcoinmarket.com/world-bank-warns-global-economy-could-tip-into-recession-in-2023World Bank warns global economy could tip into recession in 2023By David Lawder WASHINGTON (Reuters) -The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of...urn:store:2:news:blog:40371https://hotcoinmarket.com/france-to-raise-retirement-age-to-64-prime-minister-borneFrance to raise retirement age to 64 - Prime Minister BornePARIS (Reuters) - The French government will put forward a draft law aimed at raising the regular retirement age to 64 from 62 by 2030, Prime Minister Elisabeth Borne said on...urn:store:2:news:blog:40370https://hotcoinmarket.com/france-plans-to-raise-retirement-age-to-64-in-test-for-macronFrance plans to raise retirement age to 64 in test for MacronBy Elizabeth Pineau and Caroline Pailliez PARIS (Reuters) -The French should work two years longer before they can retire, Prime Minister Elisabeth Borne said, detailing an...urn:store:2:news:blog:40369https://hotcoinmarket.com/california-tormented-by-more-heavy-rains-damaging-windsCalifornia tormented by more heavy rains, damaging winds(Reuters) -The latest Pacific storm unleashed torrential downpours and damaging winds in California on Tuesday, a day after heightened flood and mudslide risks prompted thousands...urn:store:2:news:blog:40367https://hotcoinmarket.com/france-unveils-pension-overhaul-in-test-for-macronFrance unveils pension overhaul in test for MacronBy Elizabeth Pineau and Caroline Pailliez PARIS (Reuters) -The French should work two years longer before they can retire, Prime Minister Elisabeth Borne said, detailing an...urn:store:2:news:blog:40368https://hotcoinmarket.com/us-wholesale-inventories-rise-strongly-in-november-as-demand-faltersU.S. wholesale inventories rise strongly in November as demand faltersWASHINGTON (Reuters) -U.S. wholesale inventories increased strongly in November, lifting the inventories-to-sales ratio to the highest level in nearly 2-1/2 years, as higher...urn:store:2:news:blog:40365https://hotcoinmarket.com/powell-fed-needs-independence-to-fight-inflation-should-avoid-social-policyPowell: Fed needs independence to fight inflation, should avoid social policyBy Lindsay (NYSE:LNN) Dunsmuir and Howard Schneider STOCKHOLM (Reuters) -The Federal Reserve's independence from political influence is central to its ability to battle inflation,...urn:store:2:news:blog:40366https://hotcoinmarket.com/us-wholesale-inventories-rise-solidly-in-november-sales-fallU.S. wholesale inventories rise solidly in November; sales fallWASHINGTON (Reuters) - U.S. wholesale inventories increased strongly in November as sales declined amid higher borrowing costs, government data confirmed on Tuesday The Commerce...urn:store:2:news:blog:40364https://hotcoinmarket.com/world-bank-warns-global-economy-could-easily-tip-into-recession-in-2023World Bank warns global economy could easily tip into recession in 2023By David Lawder WASHINGTON (Reuters) - The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact...urn:store:2:news:blog:40362https://hotcoinmarket.com/feds-powell-expects-political-pushback-from-rate-hikes-rejects-climate-mandateFed's Powell expects political pushback from rate hikes, rejects climate mandateBy Geoffrey Smith  Investing.com -- The Federal Reserve is bracing for political resistance as its attempts to bring down inflation hit growth and bolster the ranks of...urn:store:2:news:blog:40361https://hotcoinmarket.com/hackers-hit-websites-of-danish-central-bank-other-banksHackers hit websites of Danish central bank, other banksCOPENHAGEN (Reuters) -Hackers have disrupted access to the websites of Denmark's central bank and seven private banks in the country this week, according to the central bank and...urn:store:2:news:blog:40360https://hotcoinmarket.com/more-heavy-rains-damaging-winds-torment-californiaMore heavy rains, damaging winds torment California(Reuters) - The latest Pacific storm unleashed torrential downpours and damaging winds in California on Tuesday, a day after heightened flood and mudslide risks prompted thousands...urn:store:2:news:blog:40359https://hotcoinmarket.com/north-america-to-boost-semiconductor-industry-doubts-persist-on-mexico-energy-policyNorth America to boost semiconductor industry, doubts persist on Mexico energy policyBy Jarrett Renshaw and Dave Graham MEXICO CITY (Reuters) -The United States, Mexico and Canada will take steps to beef up the North American semiconductor industry, the White...urn:store:2:news:blog:40358https://hotcoinmarket.com/powell-fed-needs-independence-to-fight-inflation-should-avoid-climate-policyPowell: Fed needs independence to fight inflation, should avoid climate policyBy Lindsay (NYSE:LNN) Dunsmuir and Howard Schneider STOCKHOLM (Reuters) - The Federal Reserve's independence from political influence is central to its ability to battle...urn:store:2:news:blog:40357https://hotcoinmarket.com/us-imports-of-containerized-goods-retreat-to-pre-pandemic-levelU.S. imports of containerized goods retreat to pre-pandemic levelLOS ANGELES (Reuters) - U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said...urn:store:2:news:blog:40355https://hotcoinmarket.com/brazils-2022-inflation-slows-sharply-misses-government-targetBrazil's 2022 inflation slows sharply, misses government targetBy Marcela Ayres BRASILIA (Reuters) - Brazil's inflation ended 2022 with a sharp slowdown from double-digit peaks seen throughout the year on the back of fiscal measures and an...urn:store:2:news:blog:40356https://hotcoinmarket.com/spain-seeks-to-set-nuclear-and-hydro-prices-to-end-windfall-profitsSpain seeks to set nuclear and hydro prices to end windfall profitsMADRID (Reuters) - Spain wants the EU to allow it to set prices for nuclear and hydroelectric as it seeks to decouple the cost of electricity production from gas and curb windfall...urn:store:2:news:blog:40354https://hotcoinmarket.com/banks-still-need-to-learn-lessons-from-2022-crises-boe-saysBanks still need to learn lessons from 2022 crises - BoE saysBy Iain Withers LONDON (Reuters) - Banks still need to improve their risk management and learn the lessons from various crises that rocked markets in 2022, regulators at the Bank...urn:store:2:news:blog:40352https://hotcoinmarket.com/greek-economy-to-slow-in-2023-as-energy-costs-ukraine-war-hit-spending-oecdGreek economy to slow in 2023 as energy costs, Ukraine war hit spending -OECDATHENS (Reuters) -Greece’s economic growth is likely to slow to just 1.1% this year from a 5.1% clip in 2022 as soaring energy costs and continued uncertainty about the war in...urn:store:2:news:blog:40351https://hotcoinmarket.com/hackers-targeted-danish-central-bank-website-operations-not-affectedHackers targeted Danish central bank website; operations not affectedCOPENHAGEN (Reuters) - Denmark's central bank said on Tuesday its website had been targeted by hackers, resulting in trouble accessing its website on Monday and Tuesday. The...urn:store:2:news:blog:40350https://hotcoinmarket.com/goldman-sachs-no-longer-expects-recession-in-euro-zone-in-2023Goldman Sachs no longer expects recession in euro zone in 2023(Reuters) -Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with its previous forecast of a contraction, thanks to a fall in...urn:store:2:news:blog:40346https://hotcoinmarket.com/factbox-tech-firms-leading-job-cuts-in-corporate-america-2Factbox-Tech firms leading job cuts in Corporate America(Reuters) - Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate...urn:store:2:news:blog:40347https://hotcoinmarket.com/powell-speech-jefferies-slump-brazil-arrests-whats-moving-marketsPowell speech, Jefferies slump, Brazil arrests - what's moving marketsBy Geoffrey Smith  Investing.com -- Federal Reserve chairman Jerome Powell is set to speak, amid growing signs of openness to smaller rate hikes going forward this year. Brazil...urn:store:2:news:blog:40345https://hotcoinmarket.com/russia-says-budget-deficit-hit-23-of-gdp-in-2022Russia says budget deficit hit 2.3% of GDP in 2022(Reuters) - Russia recorded a budget deficit of 2.3% of its gross domestic product in 2022, Finance Minister Anton Siluanov said on Tuesday, reflecting the burden of the Ukraine...urn:store:2:news:blog:40344https://hotcoinmarket.com/north-america-leaders-pledge-cooperation-on-semiconductors-drugsNorth America leaders pledge cooperation on semiconductors, drugsMEXICO CITY (Reuters) - The United States, Mexico and Canada will take steps to promote the North American semiconductor industry, enhance cooperation to root out lethal drugs,...urn:store:2:news:blog:40343https://hotcoinmarket.com/france-to-unveil-pension-overhaul-in-test-for-macronFrance to unveil pension overhaul in test for MacronBy Caroline Pailliez and Leigh Thomas PARIS (Reuters) -The French government on Tuesday will outline its reform of France's Byzantine pension system, a deeply unpopular move that...urn:store:2:news:blog:40341https://hotcoinmarket.com/ecb-must-step-up-efforts-to-green-monetary-policy-schnabel-saysECB must step up efforts to 'green' monetary policy, Schnabel saysSTOCKHOLM (Reuters) - The European Central Bank must adjust its monetary policy to make it more climate-friendly, even as it shrinks its bloated balance sheet to fight runaway...urn:store:2:news:blog:40342https://hotcoinmarket.com/china-dec-new-bank-loans-beat-forecast-2022-lending-at-record-highChina Dec new bank loans beat forecast, 2022 lending at record highBy Judy Hua and Kevin Yao BEIJING (Reuters) -New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022...urn:store:2:news:blog:40340https://hotcoinmarket.com/trump-executive-weisselberg-prepares-for-jail-on-rikers-islandTrump executive Weisselberg prepares for jail on Rikers IslandBy Karen Freifeld NEW YORK (Reuters) - A longtime executive for Donald Trump is expected to be sent to New York's notorious Rikers Island jail after being sentenced on Tuesday for...urn:store:2:news:blog:40338https://hotcoinmarket.com/goldman-no-longer-sees-euro-area-recession-as-it-lifts-outlookGoldman No Longer Sees Euro-Area Recession as It Lifts Outlook(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Economists at Goldman Sachs no longer predict a euro-zone recession...urn:store:2:news:blog:40337https://hotcoinmarket.com/uss-yellen-chairs-meeting-with-uk-australia-canada-new-zealand-ministersU.S.'s Yellen chairs meeting with UK, Australia, Canada, New Zealand ministersLONDON (Reuters) - U.S. Treasury Secretary Janet Yellen chaired a meeting of finance ministers from Australia, Canada, New Zealand, and the United Kingdom, Britain's finance...urn:store:2:news:blog:40336https://hotcoinmarket.com/asian-companies-see-earnings-upgrades-by-analysts-over-the-past-monthAsian companies see earnings upgrades by analysts over the past month(Reuters) - Analysts raised 2023 earnings estimates for Asian companies over the past month, contrasting with the raft of earnings downgrades in the last year, as China's...urn:store:2:news:blog:40330https://hotcoinmarket.com/egypts-december-inflation-accelerates-to-annual-213Egypt's December inflation accelerates to annual 21.3%CAIRO (Reuters) - Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS...urn:store:2:news:blog:40329https://hotcoinmarket.com/thailand-approves-100-billion-budget-for-2024-fiscal-yearThailand approves $100 billion budget for 2024 fiscal yearBANGKOK (Reuters) - Thailand's cabinet on Tuesday approved a budget of 3.35 trillion baht ($100 billion) for the fiscal year 2024. The new budget is 5.18% bigger than the...urn:store:2:news:blog:40327https://hotcoinmarket.com/flood-mudslide-threats-prompt-evacuations-along-california-coast-2Flood, mudslide threats prompt evacuations along California coastBy Erica Urech and Steve Gorman MONTECITO, Calif. (Reuters) -The latest in a string of Pacific storms blamed for at least 12 deaths soaked California on Monday, prompting...urn:store:2:news:blog:40324https://hotcoinmarket.com/asia-shares-dip-on-hawkish-fed-remarks-recession-risk-weighs-on-commodities-oilAsia shares dip on hawkish Fed remarks; recession risk weighs on commodities, oilBy Selena Li HONG KONG (Reuters) - Asian shares fell on Tuesday, commodities shed recent gains from China's reopening, and oil traded lower following hawkish comments from two...urn:store:2:news:blog:40325https://hotcoinmarket.com/cryptoverse-bitcoin-digs-in-for-a-bumpy-new-yearCryptoverse: Bitcoin digs in for a bumpy new yearBy Lisa Pauline Mattackal (Reuters) - Bitcoin's looking steady in 2023. But it's only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the...urn:store:2:news:blog:40323https://hotcoinmarket.com/investors-see-brazils-polarization-fiscal-plans-as-key-risks-after-protestsInvestors see Brazil's polarization, fiscal plans as key risks after protestsBy Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) - The hordes of supporters of Brazil's former president Jair Bolsonaro that invaded top government buildings...urn:store:2:news:blog:40321https://hotcoinmarket.com/marketmind-paging-mr-powellMarketmind: Paging Mr. PowellA look at the day ahead in European and global markets from Anshuman Daga: The strong start to equity markets this year has got bulls excited but markets know it's better to be...urn:store:2:news:blog:40322https://hotcoinmarket.com/philippines-central-bank-flags-25-or-50-bps-rate-hike-next-monthPhilippines central bank flags 25 or 50 bps rate hike next monthBy Neil Jerome Morales MANILA (Reuters) - The Philippine central bank chief on Tuesday confirmed interest rates would likely need to rise a further 25 or 50 basis points at next...urn:store:2:news:blog:40320https://hotcoinmarket.com/us-banks-get-ready-for-shrinking-profits-and-recessionU.S. banks get ready for shrinking profits and recessionBy Saeed Azhar, Niket Nishant and Lananh Nguyen NEW YORK (Reuters) - U.S. banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile...urn:store:2:news:blog:40312https://hotcoinmarket.com/asia-shares-dip-on-hawkish-fed-remarks-commods-rise-on-china-reopeningAsia shares dip on hawkish Fed remarks; commods rise on China reopeningBy Selena Li HONG KONG (Reuters) - Asian shares fell on Tuesday following hawkish comments from two U.S. Federal Reserve officials overnight with investors turning cautious ahead...urn:store:2:news:blog:40311https://hotcoinmarket.com/us-mexico-discuss-economy-drug-gangs-and-migration-at-summitU.S., Mexico discuss economy, drug gangs and migration at summitBy Dave Graham and Jarrett Renshaw MEXICO CITY (Reuters) -U.S. President Joe Biden and his Mexican counterpart discussed stronger economic ties, fighting the illegal drug trade,...urn:store:2:news:blog:40306https://hotcoinmarket.com/attacks-on-brazil-institutions-wont-delay-lulas-first-economic-steps-ministerAttacks on Brazil institutions won't delay Lula's first economic steps -ministerBy Bernardo Caram and Lisandra Paraguassu BRASILIA (Reuters) -The attack on state institutions in Brazil on Sunday will not delay the first actions planned by President Luiz...urn:store:2:news:blog:40307https://hotcoinmarket.com/indias-inflation-likely-remained-steady-at-590-in-december-reuters-pollIndia's inflation likely remained steady at 5.90% in December: Reuters pollBy Madhumita VikramGokhale BENGALURU (Reuters) - India's retail inflation held steady in December, staying within the Reserve Bank of India's comfort zone for a second month as a...urn:store:2:news:blog:40303https://hotcoinmarket.com/philippines-central-bank-sees-inflation-back-to-normal-near-3-later-this-yearPhilippines central bank sees inflation 'back to normal' near 3% later this yearMANILA (Reuters) - Philippine inflation is likely to be closer to 3% in late-2023 and in 2024, central bank governor Felipe Medalla said on Tuesday. Medalla, speaking at a media...urn:store:2:news:blog:40302https://hotcoinmarket.com/french-pension-reforms-and-the-protests-they-facedFrench pension reforms and the protests they facedBy Caroline Pailliez PARIS (Reuters) - French President Emmanuel Macron's government will unveil on Tuesday the details of a pension reform which unions have already said they...urn:store:2:news:blog:40301https://hotcoinmarket.com/french-pm-to-unveil-pension-reform-in-big-test-for-macronFrench PM to unveil pension reform in big test for MacronBy Caroline Pailliez and Leigh Thomas PARIS (Reuters) - French Prime Minister Elisabeth Borne on Tuesday will unveil the details of a pension reform that is already angering...urn:store:2:news:blog:40299https://hotcoinmarket.com/uk-jobs-market-softens-again-in-december-recUK jobs market softens again in December - RECLONDON (Reuters) - Britain's labour market cooled further in December, according to a survey of recruiters published on Tuesday that may ease some of the Bank of England's...urn:store:2:news:blog:40298https://hotcoinmarket.com/consumer-inflation-in-japans-capital-exceeds-boj-target-for-7th-monthConsumer inflation in Japan's capital exceeds BOJ target for 7th monthBy Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) - Core consumer prices in Japan's capital, a leading indicator of nationwide trends, rose a faster-than-expected 4.0% in...urn:store:2:news:blog:40297https://hotcoinmarket.com/hedge-funds-in-2022-post-worst-performance-since-2018-dragged-down-by-equities-hfr-dataHedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR dataBy Carolina Mandl NEW YORK (Reuters) - Hedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place...urn:store:2:news:blog:40296https://hotcoinmarket.com/fed-to-size-up-next-rate-hike-with-eye-on-inflationFed to size up next rate hike with eye on inflationBy Ann Saphir and Howard Schneider SAN FRANCISCO/ATLANTA (Reuters) -Federal Reserve policymakers say fresh inflation data out later this week will help them decide whether they...urn:store:2:news:blog:40294https://hotcoinmarket.com/tsx-hits-4-week-high-as-investors-eye-beaten-down-sectorsTSX hits 4-week high as investors eye 'beaten-down' sectorsBy Fergal Smith TORONTO (Reuters) - Canada's main stock index rose on Monday to its highest closing level in nearly four weeks as investors snapped up stocks in some of the most...urn:store:2:news:blog:40295https://hotcoinmarket.com/marketmind-knocking-on-cpis-doorMarketmind: Knocking on CPI's doorBy Stephen Culp (Reuters) - A look at the day ahead in Asian markets from Stephen Culp. Asian markets could be in for a bumpy ride on Tuesday after a rocky U.S. session for...urn:store:2:news:blog:40292https://hotcoinmarket.com/gm-wants-us-treasury-to-reconsider-tax-credits-for-cadillac-lyriq-ev-2GM wants U.S. Treasury to reconsider tax credits for Cadillac Lyriq EVBy David Shepardson WASHINGTON (Reuters) -General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM's electric Cadillac Lyriq to allow it to qualify...urn:store:2:news:blog:40293https://hotcoinmarket.com/north-america-leaders-to-discuss-economy-drug-gangs-and-migration-at-summitNorth America leaders to discuss economy, drug gangs and migration at summitBy Dave Graham and Jarrett Renshaw MEXICO CITY (Reuters) -U.S. President Joe Biden and his Mexican counterpart aim to make progress on strengthening economic integration,...urn:store:2:news:blog:40291https://hotcoinmarket.com/venezuelan-opposition-to-pay-debts-to-law-firms-leader-saysVenezuelan opposition to pay debts to law firms, leader saysCARACAS (Reuters) - The president of Venezuela's opposition national assembly, Dinorah Figuera, said on Monday a new committee meant to manage the country's assets abroad will pay...urn:store:2:news:blog:40290https://hotcoinmarket.com/brazil-currency-trims-losses-after-initial-shock-from-capital-riotsBrazil currency trims losses after initial shock from capital riotsBy Susan Mathew and Shreyashi Sanyal (Reuters) -Brazil's currency fell on Monday but was off its session low after supporters of former President Jair Bolsonaro stormed the...urn:store:2:news:blog:40289https://hotcoinmarket.com/young-educated-american-men-quiet-quitjobs-the-most-during-covidYoung, Educated American Men ‘Quiet Quit’ Jobs the Most During Covid(Bloomberg) -- Young American men and men with college degrees led the “quiet quitting” movement in the US, according to new research that sheds more light on the pandemic-induced...urn:store:2:news:blog:40288https://hotcoinmarket.com/daly-sees-fed-raising-rates-above-5-but-how-far-is-unclearDaly Sees Fed Raising Rates Above 5%, But How Far Is Unclear(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she expects the central bank to raise interest rates to somewhere above 5% before pausing, though the...urn:store:2:news:blog:40287https://hotcoinmarket.com/boes-pill-sees-risk-of-persistent-inflation-even-if-gas-prices-fallBoE's Pill sees risk of persistent inflation, even if gas prices fallBy David Milliken LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Monday that Britain is at risk of persistent inflationary pressure from a tight labour market,...urn:store:2:news:blog:40285https://hotcoinmarket.com/fed-could-hike-rates-by-25-or-50-basis-points-on-feb-1-daly-tells-wsjFed could hike rates by 25 or 50 basis points on Feb. 1, Daly tells WSJ(Reuters) - San Francisco Federal Reserve President Mary Daly on Monday said a half-percentage-point interest rate hike, or a quarter-percentage-point increase, are both...urn:store:2:news:blog:40286https://hotcoinmarket.com/attacks-on-brazilian-institutions-may-delay-lulas-first-economic-measures-sourcesAttacks on Brazilian institutions may delay Lula's first economic measures -sourcesBy Bernardo Caram BRASILIA (Reuters) - The attack on state institutions in Brazil on Sunday is likely to postpone the first actions planned by President Luiz Inacio Lula da...urn:store:2:news:blog:40283https://hotcoinmarket.com/donors-exceed-pakistan-goal-with-pledge-of-more-than-9-billion-for-flood-recoveryDonors exceed Pakistan goal with pledge of more than $9 billion for flood recoveryBy Emma Farge, Gabrielle Tétrault-Farber and Asif Shahzad GENEVA (Reuters) -International donors on Monday committed over $9 billion to help Pakistan recover from ruinous floods...urn:store:2:news:blog:40284https://hotcoinmarket.com/gender-pay-equity-progress-in-us-is-slowed-by-family-leave-study-saysGender Pay Equity Progress in US Is Slowed by Family Leave, Study Says(Bloomberg) -- Family leave policies, though limited in scope and typically unpaid in the US, have hamstrung the progress toward gender wage parity since the 1990s, according to an...urn:store:2:news:blog:40281https://hotcoinmarket.com/economy-drug-gangs-and-migration-top-agenda-at-north-american-leaders-summitEconomy, drug gangs and migration top agenda at North American leaders summitBy Dave Graham and Jarrett Renshaw MEXICO CITY (Reuters) -U.S. President Joe Biden and his Mexican counterpart aim to make progress on strengthening economic integration,...urn:store:2:news:blog:40282https://hotcoinmarket.com/brazils-bolsonaro-hospitalized-in-the-us-with-abdominal-pain-reportBrazil's Bolsonaro hospitalized in the U.S. with abdominal pain - reportSAO PAULO (Reuters) - Former Brazilian President Jair Bolsonaro was admitted to a hospital in Orlando, Florida, with "abdominal pain," newspaper O Globo reported on Monday, a day...urn:store:2:news:blog:40280https://hotcoinmarket.com/tsx-climbs-to-near-four-week-highs-on-global-upbeat-sentimentTSX climbs to near four-week highs on global upbeat sentimentBy Shristi Achar A and Johann M Cherian (Reuters) - Canada's main stock index gained on Monday, tracking the upbeat sentiment in global markets on expectations of the Federal...urn:store:2:news:blog:40279https://hotcoinmarket.com/uk-commercial-property-values-drop-in-2022-wiping-out-2021-gains-dataUK commercial property values drop in 2022, wiping out 2021 gains - dataBy Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) -UK commercial property capital values decreased by 13.3% as a whole in 2022, and annual total returns were down 9.1%,...urn:store:2:news:blog:40277https://hotcoinmarket.com/boes-pill-sees-risk-of-persistent-inflation-even-if-gas-price-fallBoE's Pill sees risk of persistent inflation, even if gas price fallBy David Milliken LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Monday that Britain risked persistent inflation pressures from a tight labour market, even if...urn:store:2:news:blog:40278https://hotcoinmarket.com/ny-fed-survey-finds-reduced-near-term-inflation-expectations-in-decemberNY Fed survey finds reduced near-term inflation expectations in DecemberBy Michael S. Derby NEW YORK (Reuters) - U.S. households see weaker near-term inflation and are expecting notably less spending, even as they foresee their incomes continuing to...urn:store:2:news:blog:40276https://hotcoinmarket.com/fed-has-difficult-call-to-avoid-overdoing-rates-shock-romer-saysFed has 'difficult' call to avoid overdoing rates shock, Romer saysBy Howard Schneider NEW ORLEANS (Reuters) -The Federal Reserve's effort to shock the economy back to lower inflation is in its early days, making it tough for the U.S. central...urn:store:2:news:blog:40275https://hotcoinmarket.com/economy-migration-and-drug-gangs-on-agenda-at-north-american-leaders-summitEconomy, migration and drug gangs on agenda at North American leaders summitMEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador and his U.S. counterpart Joe Biden will discuss economic integration, immigration, climate change and...urn:store:2:news:blog:40274https://hotcoinmarket.com/brazil-markets-fall-as-bolsonaro-supporters-storm-capitalBrazil markets fall as Bolsonaro supporters storm capitalBy Susan Mathew (Reuters) - Brazil's currency fell on Monday after supporters of former president Jair Bolsonaro stormed the capital, while Chile's peso hit seven-month highs,...urn:store:2:news:blog:40272https://hotcoinmarket.com/brazilian-markets-open-down-slightly-after-pro-bolsonaro-riotBrazilian markets open down slightly after pro-Bolsonaro riotBy Geoffrey Smith Investing.com -- Brazilian stocks opened around 1% lower on Monday in the wake of a violent riot at the weekend in which supporters of the ousted President Jair...urn:store:2:news:blog:40270https://hotcoinmarket.com/economy-migration-and-security-on-agenda-for-mexico-us-talksEconomy, migration and security on agenda for Mexico-U.S. talksMEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador and his U.S. counterpart Joe Biden will discuss economic integration, immigration, climate change and...urn:store:2:news:blog:40271https://hotcoinmarket.com/uk-eu-make-brexit-talks-breakthrough-on-trade-database-sharingUK, EU Make Brexit Talks Breakthrough on Trade Database Sharing(Bloomberg) -- The European Union is poised to agree to use the UK’s live database tracking goods moving from Great Britain to Northern Ireland, the first sign of progress in a...urn:store:2:news:blog:40269https://hotcoinmarket.com/french-drug-company-servier-launches-mediator-appealFrench drug company Servier launches Mediator appealPARIS (Reuters) - French drugmaker Servier on Monday launched its appeal against manslaughter and deception convictions handed down by a Paris court in 2021 in connection with...urn:store:2:news:blog:40267https://hotcoinmarket.com/donors-pledge-more-than-8-billion-to-help-pakistan-flood-recovery-officialDonors pledge more than $8 billion to help Pakistan flood recovery - officialBy Emma Farge, Gabrielle Tétrault-Farber and Asif Shahzad GENEVA (Reuters) -Pakistan said on Monday that donors had committed to give more than $8 billion to help it recover from...urn:store:2:news:blog:40263https://hotcoinmarket.com/fixed-income-returns-in-india-set-to-surge-in-2023-prompt-higher-investments-analystsFixed income returns in India set to surge in 2023, prompt higher investments - analystsBy Bhakti Tambe MUMBAI (Reuters) - Indian investors are looking to increase the proportion of debt in their portfolios on expectations of a peak in policy tightening, a desire to...urn:store:2:news:blog:40264https://hotcoinmarket.com/brazils-currency-stock-futures-down-after-bolsonaro-supporters-storm-capitalBrazil's currency, stock futures down after Bolsonaro supporters storm capitalSAO PAULO (Reuters) - Brazil's currency on Monday weakened roughly 1% against the dollar in early spot trading after supporters of former President Jair Bolsonaro stormed the...urn:store:2:news:blog:40261https://hotcoinmarket.com/biden-declares-emergency-for-california-due-to-winter-stormsBiden declares emergency for California due to winter storms(Reuters) - U.S. President Joe Biden approved an emergency declaration for California after a week of storms killed at least 12 people in the past 10 days and knocked out power...urn:store:2:news:blog:40262https://hotcoinmarket.com/china-internet-truce-brazil-turmoil-goldman-job-cuts-whats-moving-marketsChina Internet truce, Brazil turmoil, Goldman job cuts - what's moving marketsBy Geoffrey Smith  Investing.com -- China has effectively ended its campaign to clamp down on big Internet companies, a top official said a day after Alibaba (NYSE:BABA) founder...urn:store:2:news:blog:40260https://hotcoinmarket.com/california-storm-leaves-over-120000-still-without-powerCalifornia storm leaves over 120,000 still without power(Reuters) - More than 120,000 homes and businesses were still without power in California early on Monday, according to data from PowerOutage.us, after a massive storm last week...urn:store:2:news:blog:40256https://hotcoinmarket.com/us-to-give-extra-100-million-to-pakistan-floods-recoveryU.S. to give extra $100 million to Pakistan floods recoveryGENEVA (Reuters) - A senior official from the U.S. development agency USAID said on Monday that Washington would provide an additional $100 million in funding for Pakistan's...urn:store:2:news:blog:40255https://hotcoinmarket.com/analysis-fall-in-india-nominal-gdp-growth-in-fy24-to-challenge-fiscal-mathAnalysis-Fall in India nominal GDP growth in FY24 to challenge fiscal mathBy Ira Dugal MUMBAI (Reuters) - India's nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the...urn:store:2:news:blog:40254https://hotcoinmarket.com/un-chief-calls-for-massive-investments-to-help-pakistan-recoveryUN chief calls for 'massive investments' to help Pakistan recoveryBy Gabrielle Tétrault-Farber, Emma Farge and Asif Shahzad GENEVA (Reuters) -U.N. Secretary-General Antonio Guterres on Monday called for massive support to help Pakistan with a...urn:store:2:news:blog:40251https://hotcoinmarket.com/romania-quietly-catches-up-with-richer-neighbours-helped-by-eu-cashRomania quietly catches up with richer neighbours, helped by EU cashBy Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) - Romania's economy is set to outpace its stagnating neighbours this year, helped by European Union funding, currency...urn:store:2:news:blog:40249https://hotcoinmarket.com/un-chief-calls-for-massive-investments-for-pakistan-recoveryUN chief calls for 'massive investments' for Pakistan recoveryGENEVA (Reuters) -U.N. Secretary-General Antonio Guterres on Monday called for massive support to help Pakistan with a $16 billion rebuilding effort following devastating floods,...urn:store:2:news:blog:40250https://hotcoinmarket.com/ecb-sees-very-strong-wage-growth-ahead-in-next-few-quartersECB sees 'very strong' wage growth ahead in next few quartersFRANKFURT (Reuters) - Wage growth across the euro zone is expected to be "very strong" over the next few quarters but real wages are still likely to decline given rapid inflation,...urn:store:2:news:blog:40248https://hotcoinmarket.com/ship-that-ran-aground-in-suez-canal-has-been-refloated-canal-operator-saysShip that ran aground in Suez Canal has been refloated, canal operator saysBy Geoffrey Smith  Investing.com -- The Suez Canal Authority said it had refloated a ship that ran aground earlier on Monday, avoiding a repeat of the blockage that badly hit...urn:store:2:news:blog:40241https://hotcoinmarket.com/traffic-in-suez-canal-normal-after-ship-breakdown-dealt-with-scaTraffic in Suez Canal normal after ship breakdown dealt with- SCACAIRO (Reuters) -Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the...urn:store:2:news:blog:40240https://hotcoinmarket.com/after-christmas-relief-uk-retailers-face-2023-reality-check-2After Christmas relief UK retailers face 2023 reality checkBy James Davey LONDON (Reuters) -Updates next week from Britain's biggest retailers including Tesco (OTC:TSCDY), Sainsbury's and Marks & Spencer (OTC:MAKSY) are expected to...urn:store:2:news:blog:40238https://hotcoinmarket.com/efforts-under-way-to-refloat-ship-stuck-in-suez-canal-authority-saysEfforts under way to refloat ship stuck in Suez Canal, authority saysDUBAI (Reuters) -Efforts are under way to refloat a cargo vessel carrying grain from Ukraine that has run aground in the Suez Canal, the chairman of the Suez Canal Authority told...urn:store:2:news:blog:40237https://hotcoinmarket.com/vodafone-to-receive-18-billion-from-sale-of-hungarian-unitVodafone to receive $1.8 billion from sale of Hungarian unitLONDON (Reuters) -British telecom group Vodafone (NASDAQ:VOD) said it had agreed the sale of its Hungarian business to local IT company 4iG and the Hungarian state, and would...urn:store:2:news:blog:40232https://hotcoinmarket.com/swiss-national-bank-posts-record-143-billion-loss-in-2022Swiss National Bank posts record $143 billion loss in 2022ZURICH(Reuters) - The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($142.67 billion) in 2022, it said on Monday, the biggest loss in its 115-year history....urn:store:2:news:blog:40229https://hotcoinmarket.com/china-central-bank-to-support-private-firms-ease-tech-crackdown-cctvChina central bank to support private firms, ease tech crackdown - CCTVBEIJING (Reuters) - China's central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing,...urn:store:2:news:blog:40230https://hotcoinmarket.com/around-40-of-german-companies-expect-output-decline-in-2023-iw-instituteAround 40% of German companies expect output decline in 2023 - IW instituteBERLIN (Reuters) - Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on Monday, blaming high energy costs,...urn:store:2:news:blog:40228https://hotcoinmarket.com/china-tightens-listing-guidelines-to-funnel-funding-to-strategic-sectors-ftChina tightens listing guidelines to funnel funding to strategic sectors - FT(Reuters) -China's stock regulator is set to stop local companies in certain sectors from listing on the country's main stock exchanges, the Financial Times reported on Monday,...urn:store:2:news:blog:40226https://hotcoinmarket.com/indonesia-finance-minister-tells-bankers-to-be-wary-of-global-risksIndonesia Finance Minister tells bankers to be wary of global risksJAKARTA (Reuters) - Indonesia's finance minister on Monday told the nation's top bankers to be wary of risks to their balance sheets this year due to numerous global risks,...urn:store:2:news:blog:40227https://hotcoinmarket.com/marketmind-goodbye-to-all-thatMarketmind: Goodbye to all thatA look at the day ahead in European and global markets from Tom Westbrook: After three years, travellers are streaming into China by air, land and sea. Long lines snaked through...urn:store:2:news:blog:40219https://hotcoinmarket.com/column-funds-start-2023-short-dollars-eyeing-us-rate-peak-mcgeeverColumn-Funds start 2023 short dollars, eyeing U.S. rate peak: McGeeverBy Jamie McGeever ORLANDO, Fla. (Reuters) - Hedge funds have started 2023 betting that U.S. interest rates are close to peaking, that the Federal Reserve will keep them higher for...urn:store:2:news:blog:40214https://hotcoinmarket.com/dollar-tentative-as-investors-assess-rate-hike-pathDollar tentative as investors assess rate-hike pathSINGAPORE (Reuters) - The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week that stoked hopes of the Federal Reserve slowing the...urn:store:2:news:blog:40213https://hotcoinmarket.com/california-braces-for-parade-of-cyclones-after-storms-kill-12California braces for 'parade of cyclones' after storms kill 12By Fred Greaves SACRAMENTO, Calif. (Reuters) -California on Sunday braced for more severe weather after a week of torrential downpours and damaging winds killed at least 12 people...urn:store:2:news:blog:40212https://hotcoinmarket.com/how-strained-china-australia-relations-hit-trade-in-coal-barley-beef-and-wineHow strained China-Australia relations hit trade in coal, barley, beef and wine(Reuters) -China is resuming coal trade with Australia after a three-year halt following strained relations between the two countries over wider issues. WHAT HAPPENED BETWEEN...urn:store:2:news:blog:40210https://hotcoinmarket.com/marketmind-soft-landings-and-re-openingsMarketmind: Soft landings and re-openingsBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set to open the week with a spring in their step on Monday, buoyed by...urn:store:2:news:blog:40209https://hotcoinmarket.com/california-braces-for-parade-of-cyclones-after-storms-kill-7California braces for 'parade of cyclones' after storms kill 7By Fred Greaves SACRAMENTO, Calif. (Reuters) -California was bracing on Sunday for more severe weather after a week of torrential downpours and damaging winds killed at least...urn:store:2:news:blog:40208https://hotcoinmarket.com/white-house-says-it-doesnt-want-to-go-around-congress-on-debt-ceilingWhite House says it doesn't want to 'go around Congress' on debt ceilingWASHINGTON (Reuters) - The White House on Sunday said it wasn't planning to circumvent Congress in order to raise the U.S. debt ceiling, a regular flashpoint in times of divided...urn:store:2:news:blog:40207https://hotcoinmarket.com/fed-faces-difficult-call-to-avoid-overdoing-rates-shock-romer-saysFed faces 'difficult' call to avoid overdoing rates shock, Romer saysBy Howard Schneider NEW ORLEANS (Reuters) - The Federal Reserve's effort to shock the economy back to lower inflation is in its early days, making it tough for the U.S. central...urn:store:2:news:blog:40205https://hotcoinmarket.com/california-braces-for-parade-of-cyclones-after-week-of-floodsCalifornia braces for 'parade of cyclones' after week of floods(Reuters) -Torrential downpours and damaging winds had left hundreds of thousands of homes and businesses without power in California on Sunday after a deadly week of weather, and...urn:store:2:news:blog:40202https://hotcoinmarket.com/economy-energy-row-and-drugs-loom-at-north-american-summit-2Economy, energy row and drugs loom at North American summitBy Dave Graham MEXICO CITY (Reuters) - North American leaders aim to give new impetus to strengthening economic ties at a meeting this week, even as a major dispute grinds on over...urn:store:2:news:blog:40201https://hotcoinmarket.com/financing-for-chinese-real-estate-firms-jumps-33-year-on-year-in-decFinancing for Chinese real estate firms jumps 33% year-on-year in DecBEIJING (Reuters) - Chinese property companies raised a total of 101.8 billion yuan ($14.9 billion) in December, up 33.4% year on year, driven by more state support for the highly...urn:store:2:news:blog:40200https://hotcoinmarket.com/uk-pm-sunak-says-he-is-open-to-discussing-pay-rises-for-nursesUK PM Sunak says he is open to discussing pay rises for nursesBy Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak said on Sunday he was willing to discuss pay rises for nurses in a bid to end strikes that have deepened a...urn:store:2:news:blog:40199https://hotcoinmarket.com/california-storm-leaves-over-560000-homes-without-power-more-rough-weather-aheadCalifornia storm leaves over 560,000 homes without power, more rough weather ahead(Reuters) -Torrential downpours and damaging winds left hundreds of thousands of homes and businesses without power in California early on Sunday as the area braced for the next...urn:store:2:news:blog:40198https://hotcoinmarket.com/uks-sunak-says-inflation-fight-will-require-disciplineUK's Sunak says inflation fight will require disciplineLONDON (Reuters) - British Prime Minister Rishi Sunak said inflation was not guaranteed to fall this year and his government would have to be disciplined to ensure it comes down....urn:store:2:news:blog:40197https://hotcoinmarket.com/storm-in-california-leaves-over-330000-without-power-more-rough-weather-aheadStorm in California leaves over 330,000 without power, more rough weather ahead(Reuters) - Torrential downpours and damaging winds left hundreds of thousands of homes and businesses without power in California late on Sunday as the area braced for the next...urn:store:2:news:blog:40196https://hotcoinmarket.com/pakistan-seeks-help-with-16-billion-flood-rebuilding-at-un-conferencePakistan seeks help with $16 billion flood rebuilding at UN conferenceBy Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) - Pakistan and the United Nations are holding a major conference in Geneva on Monday aimed at marshalling support to...urn:store:2:news:blog:40195https://hotcoinmarket.com/mercedes-expects-double-digit-growth-in-india-in-2023-despite-weak-rupeeMercedes expects double-digit growth in India in 2023 despite weak rupeeBy Aditi Shah NEW DELHI (Reuters) - Mercedes Benz expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices, the head of...urn:store:2:news:blog:40194https://hotcoinmarket.com/exclusive-canada-seeks-progress-in-dispute-over-mexican-energy-policies-at-summitExclusive-Canada seeks progress in dispute over Mexican energy policies at summitBy Steve Scherer OTTAWA (Reuters) - Canada and the United States are going to argue at a North American leaders' summit next week that resolving a dispute over measures that favor...urn:store:2:news:blog:40193https://hotcoinmarket.com/chinas-great-migration-kicks-off-under-shadow-of-covid-2China's 'great migration' kicks-off under shadow of COVIDBy Casey Hall SHANGHAI (Reuters) -China on Saturday marked the first day of "chun yun", the 40-day period of Lunar New Year travel known pre-pandemic as the world's largest annual...urn:store:2:news:blog:40192https://hotcoinmarket.com/pakistans-finance-minister-to-meet-imf-in-geneva-with-bailout-stalledPakistan's finance minister to meet IMF in Geneva, with bailout stalledBy Gibran Naiyyar Peshimam ISLAMABAD (Reuters) - An International Monetary Fund (IMF) delegation will meet Pakistan's finance minister on the sidelines of a conference in Geneva...urn:store:2:news:blog:40190https://hotcoinmarket.com/japan-kishida-vows-to-debate-govt-boj-roles-with-new-central-bank-headJapan Kishida vows to debate govt, BOJ roles with new central bank headBy Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Sunday the government and the central bank must discuss their relationship with each other in...urn:store:2:news:blog:40189https://hotcoinmarket.com/japans-kishida-govt-boj-must-discuss-relations-when-new-central-bank-head-is-chosenJapan's Kishida: Govt, BOJ must discuss relations when new central bank head is chosenTOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Sunday the government and the central bank must discuss their relationship with each other in guiding economic...urn:store:2:news:blog:40184https://hotcoinmarket.com/taiwan-exports-fall-for-4th-month-in-december-decline-seen-extending-into-q1Taiwan exports fall for 4th month in December, decline seen extending into Q1TAIPEI (Reuters) - Taiwan's exports fell for a fourth straight month in December due to the worsening state of the global economy, as inflation and rising interest rates weighed...urn:store:2:news:blog:40179https://hotcoinmarket.com/china-fx-reserves-rise-11-billion-to-3128-trillion-in-decemberChina fx reserves rise $11 billion to $3.128 trillion in DecemberBEIJING (Reuters) - China's foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies. The country's foreign...urn:store:2:news:blog:40177https://hotcoinmarket.com/mexico-headline-inflation-seen-speeding-up-in-december-core-index-down-reuters-pollMexico headline inflation seen speeding up in December, core index down: Reuters pollMEXICO CITY (Reuters) - Mexico's headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets...urn:store:2:news:blog:40176https://hotcoinmarket.com/us-likely-headed-for-economic-soft-landing-white-houses-bousheyU.S. likely headed for economic 'soft landing' -White House's BousheyWASHINGTON (Reuters) - The U.S. economy appears headed for a soft landing, with recent economic data pointing to an ongoing recovery, not a recession, White House economist...urn:store:2:news:blog:40175https://hotcoinmarket.com/canadas-ivey-pmi-hits-2-12-year-low-as-firms-slash-inventoriesCanada's Ivey PMI hits 2-1/2 year low as firms slash inventoriesTORONTO (Reuters) - Canadian economic activity contracted in December at the sharpest pace since the early stages of the COVID-19 pandemic as firms worked to reduce their stock of...urn:store:2:news:blog:40174https://hotcoinmarket.com/party-city-plans-bankruptcy-filing-within-weeks-wsjParty City plans bankruptcy filing within weeks - WSJ(Reuters) - Party City Holdco (NYSE:PRTY) Inc is preparing to file for bankruptcy within weeks as its cash dwindled and inflation dampened sales, the Wall Street Journal reported...urn:store:2:news:blog:40172https://hotcoinmarket.com/us-jobs-report-breathes-life-into-feds-soft-landing-scenarioU.S. jobs report breathes life into Fed's 'soft landing' scenarioBy Howard Schneider and Ann Saphir NEW ORLEANS/SAN FRANCISCO (Reuters) - A jump in the workforce and easing wage growth suggests the U.S. job market is starting to move the way...urn:store:2:news:blog:40173https://hotcoinmarket.com/investment-management-firm-aqr-books-best-year-in-several-strategiesInvestment management firm AQR books best year in several strategiesBy Nell Mackenzie (Reuters) - Investment management firm AQR's Absolute Return Strategy in 2022 saw its best year since its inception since 1998, a source with knowledge of the...urn:store:2:news:blog:40171https://hotcoinmarket.com/fed-will-face-complicated-choices-as-labor-market-softens-georgeFed will face complicated choices as labor market softens: George(Reuters) - The Federal Reserve will face some hard choices and delicate communications challenges as it fights still-high inflation even as the labor market begins to soften,...urn:store:2:news:blog:40169https://hotcoinmarket.com/fed-officials-call-for-more-rate-hikes-even-as-price-pressures-coolFed Officials Call for More Rate Hikes Even as Price Pressures Cool(Bloomberg) -- Federal Reserve officials Friday stressed further interest-rate hikes are needed to tame inflation even though there are emerging signs that price pressures are...urn:store:2:news:blog:40170https://hotcoinmarket.com/feds-more-gradual-rate-hike-path-should-limit-economic-harm-barkin-saysFed's more gradual rate hike path should limit economic harm, Barkin saysBy Lindsay (NYSE:LNN) Dunsmuir (Reuters) - The Federal Reserve's move to smaller interest rate hike increments will help limit damage to the economy as the U.S. central bank works...urn:store:2:news:blog:40167https://hotcoinmarket.com/feds-cook-sees-signsinflation-is-easing-but-says-its-still-too-highFed’s Cook Sees Signs Inflation Is Easing but Says It’s Still Too High(Bloomberg) -- Federal Reserve Governor Lisa Cook highlighted a variety signs of easing inflationary pressuring, including decelerating wage gains. “Recent data suggest that...urn:store:2:news:blog:40168https://hotcoinmarket.com/feds-bostic-open-on-size-of-rate-hike-at-next-meetingFed’s Bostic Open on Size of Rate Hike at Next Meeting(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank still needs to keep raising interest rates despite cooler-than-expected wage data and...urn:store:2:news:blog:40165https://hotcoinmarket.com/ny-fed-says-chinas-covid-woes-are-pressuring-supply-chainsNY Fed says China's COVID woes are pressuring supply chainsBy Michael S. Derby NEW YORK (Reuters) - Declining world supply chain pressures are being challenged by new disruptions in China tied to the coronavirus pandemic, the New York...urn:store:2:news:blog:40163https://hotcoinmarket.com/feds-bostic-jobs-data-another-sign-economy-is-gradually-slowingFed's Bostic: jobs data another sign economy is gradually slowingBy Lindsay (NYSE:LNN) Dunsmuir (Reuters) - The latest U.S. jobs figures are another sign that the economy is gradually slowing and should that continue the Federal Reserve can...urn:store:2:news:blog:40162https://hotcoinmarket.com/mixed-emotions-as-mcdonalds-leaves-kazakhstanMixed emotions as McDonald's leaves KazakhstanALMATY (Reuters) -Workers removed the branding from McDonald's (NYSE:MCD) outlets in Kazakhstan's biggest city, Almaty on Friday after the fast food giant's local business...urn:store:2:news:blog:40161https://hotcoinmarket.com/us-factory-orders-tumble-in-november-on-aircraftU.S. factory orders tumble in November on aircraftWASHINGTON (Reuters) - New orders for U.S.-manufactured goods fell more than expected in November amid a sharp decline in bookings for aircraft, while higher borrowing costs...urn:store:2:news:blog:40160https://hotcoinmarket.com/fed-seen-leaning-toward-smaller-hikes-after-wage-growth-coolsFed Seen Leaning Toward Smaller Hikes After Wage Growth Cools(Bloomberg) -- Federal Reserve officials meeting later this month are expected to look more kindly on another stepdown in their aggressive campaign of interest-rate increases after...urn:store:2:news:blog:40158https://hotcoinmarket.com/us-job-growth-solid-in-december-wage-growth-slowsU.S. job growth solid in December; wage growth slowsBy Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy added jobs at a solid clip in December, pushing the unemployment rate back to a pre-pandemic low of 3.5% as the labor...urn:store:2:news:blog:40159https://hotcoinmarket.com/feds-inclusive-jobs-promise-hits-inflation-control-realityFed's 'inclusive' jobs promise hits inflation control realityBy Howard Schneider WASHINGTON (Reuters) -Aiming to fortify broad labor market gains among U.S. minority groups over the previous decade, Federal Reserve Chair Jerome Powell in...urn:store:2:news:blog:40157https://hotcoinmarket.com/us-equity-funds-record-seventh-week-of-outflowsU.S. equity funds record seventh week of outflows(Reuters) - U.S. equity funds recorded a seventh straight week of outflows in the seven days to Jan. 4 on concerns that the Federal Reserve might continue to hike rates to tame...urn:store:2:news:blog:40156https://hotcoinmarket.com/us-job-growth-solid-in-december-unemployment-rate-falls-to-35U.S. job growth solid in December; unemployment rate falls to 3.5%By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing...urn:store:2:news:blog:40155https://hotcoinmarket.com/global-equity-funds-post-outflows-for-ninth-week-in-a-rowGlobal equity funds post outflows for ninth week in a row(Reuters) - Global equity funds witnessed net outflows for a ninth straight week in the seven days to Jan. 4 as investors remained cautious ahead of the release of the Federal...urn:store:2:news:blog:40154https://hotcoinmarket.com/indian-economic-growth-to-slow-to-7-in-202223-govt-forecastsIndian economic growth to slow to 7% in 2022/23, govt forecastsBy Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) -India's government expects economic growth to slow in the financial year ending March, as pandemic-related distortions ease and...urn:store:2:news:blog:40153https://hotcoinmarket.com/hedge-fund-fees-fall-to-lowest-level-since-2008-financial-crisis-hfrHedge fund fees fall to lowest level since 2008 financial crisis -HFRBy Nell Mackenzie LONDON (Reuters) - Hedge fund fees have dropped to their lowest level since the global financial crisis in 2008, research firm Hedge Fund Research (HFR) said on...urn:store:2:news:blog:40152https://hotcoinmarket.com/india-govt-forecasts-slower-economic-growth-in-year-to-marchIndia govt forecasts slower economic growth in year to MarchNEW DELHI (Reuters) -India's government expects economic growth to slow in the financial year ending March, as pandemic-related distortions ease and pent-up demand for goods slows...urn:store:2:news:blog:40150https://hotcoinmarket.com/big-fall-in-euro-zone-inflation-offers-little-help-for-ecbBig fall in euro zone inflation offers little help for ECBBy Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price pressures are still rising and economic growth...urn:store:2:news:blog:40149https://hotcoinmarket.com/ecbs-centeno-says-interest-rate-close-to-peaking-if-no-new-shocksECB's Centeno says interest rate close to peaking if no new shocksLISBON (Reuters) - The European Central Bank's key interest rate is nearing its peak amid efforts to bring down inflation, unless new external shocks emerge, ECB Governing Council...urn:store:2:news:blog:40148https://hotcoinmarket.com/us-vc-funding-cools-from-2021-record-as-investors-keep-their-powder-dryU.S. VC funding cools from 2021 record as investors keep their powder dryBy Krystal Hu (Reuters) - Funding for U.S. startups fell by one-third from their peak in 2021, according to PitchBook data released on Friday, despite record amounts of capital...urn:store:2:news:blog:40146https://hotcoinmarket.com/canadian-dollar-to-rebound-in-2023-if-economic-uncertainty-clears-reuters-pollCanadian dollar to rebound in 2023 if economic uncertainty clears: Reuters pollBy Fergal Smith TORONTO (Reuters) - Canada's dollar will rally this year, but much of the upswing will have to wait until a period of uncertainty passes for the domestic and...urn:store:2:news:blog:40147https://hotcoinmarket.com/euro-zone-inflation-falls-sharply-in-dec-but-offers-ecb-little-respiteEuro zone inflation falls sharply in Dec but offers ECB little respiteFRANKFURT (Reuters) - Euro zone inflation tumbled by more than expected last month but underlying price pressures rose, making it likely the European Central Bank will continue...urn:store:2:news:blog:40145https://hotcoinmarket.com/japans-output-gap-closes-in-positive-sign-for-economy-bojJapan's output gap closes in positive sign for economy, BOJBy Leika Kihara TOKYO (Reuters) - Japan's economic output recovered to near its full capacity for the first time in nearly three years, data showed on Friday, a sign the world's...urn:store:2:news:blog:40142https://hotcoinmarket.com/biggest-uk-house-price-fall-recorded-since-financial-crisisBiggest UK house price fall recorded since financial crisisBy Andy Bruce LONDON (Reuters) - British house prices slid in December, capping the largest quarterly drop since the financial crisis more than 10 years ago, data from mortgage...urn:store:2:news:blog:40140https://hotcoinmarket.com/russian-rouble-advances-vs-dollar-euro-in-light-holiday-tradeRussian rouble advances vs dollar, euro in light holiday trade(Reuters) - Russia's rouble rose against the dollar and euro on Friday, as oil prices lifted during thin holiday trading. The rouble gained 0.55% against the dollar to 71.79 ​​by...urn:store:2:news:blog:40139https://hotcoinmarket.com/china-property-shares-firm-on-more-policy-support-easing-curbsChina property shares firm on more policy support, easing curbsBy Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers climbed on Friday, lifted by more state support for the highly indebted sector struggling with weak sales...urn:store:2:news:blog:40138https://hotcoinmarket.com/take-five-welcome-to-2023Take Five: Welcome to 2023LONDON (Reuters) - A potential shift by the world's most dovish major central bank, inflation pressures abating, a turn in the economic outlook and oil markets suffering their...urn:store:2:news:blog:40137https://hotcoinmarket.com/uk-house-prices-post-biggest-quarterly-drop-since-2009-halifaxUK house prices post biggest quarterly drop since 2009: HalifaxLONDON (Reuters) -British house prices slid again in December, capping the largest quarterly drop since the financial crisis more than 10 years ago, data from mortgage lender...urn:store:2:news:blog:40136https://hotcoinmarket.com/china-says-to-stabilise-expand-automotive-industry-consumptionChina says to stabilise, expand automotive industry consumption(Reuters) - China will take steps to stablise and expand consumption in its automotive industry, a commerce ministry spokesperson said on Friday. Despite COVID-related pressures...urn:store:2:news:blog:40132https://hotcoinmarket.com/reducing-inflation-top-priority-for-south-asian-nations-says-indiacentral-bankchiefReducing inflation top priority for South Asian nations, says India central bank chiefBy Nikunj Ohri NEW DELHI (Reuters) -Taming inflation is the top priority for South Asian countries as risks to growth and investment outlook could rise if price pressures persist...urn:store:2:news:blog:40131https://hotcoinmarket.com/samsungs-quarterly-profit-plunges-to-8-year-low-on-demand-slumpSamsung's quarterly profit plunges to 8-year low on demand slumpBy Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics (OTC:SSNLF) Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a...urn:store:2:news:blog:40129https://hotcoinmarket.com/japans-nov-real-wages-fall-most-in-8-years-defying-boj-objectiveJapan's Nov real wages fall most in 8 years, defying BOJ objectiveBy Kaori Kaneko and Tetsushi Kajimoto TOKYO (Reuters) - Japan reported on Friday its worst real-wage decline in more than eight years, with November data highlighting the...urn:store:2:news:blog:40130https://hotcoinmarket.com/lowering-inflation-top-priority-for-south-asia-india-cenbank-chiefLowering inflation top priority for South Asia - India cenbank chiefBy Nikunj Ohri NEW DELHI (Reuters) -Taming inflation is the top priority for South Asian countries as risks to growth and investment outlook could rise if price pressures persist...urn:store:2:news:blog:40128https://hotcoinmarket.com/feds-inclusive-jobs-promise-hits-reality-of-inflation-controlFed's 'inclusive' jobs promise hits reality of inflation controlBy Howard Schneider WASHINGTON (Reuters) - Aiming to fortify broad labor market gains among U.S. minority groups over the previous decade, Federal Reserve Chair Jerome Powell in...urn:store:2:news:blog:40127https://hotcoinmarket.com/stock-swoon-resets-valuations-but-recession-risk-rates-cloud-outlookStock swoon resets valuations but recession risk, rates cloud outlookBy Lewis Krauskopf NEW YORK (Reuters) - U.S. stocks are starting 2023 at much cheaper levels after Wall Street's biggest swoon in 14 years but the potential for a recession...urn:store:2:news:blog:40126https://hotcoinmarket.com/marketmind-relentlessMarketmind: RelentlessA look at the day ahead in European and global markets from Tom Westbrook Not yet the end of the first trading week of the year and festivity is giving way to now familiar...urn:store:2:news:blog:40123https://hotcoinmarket.com/strong-us-jobs-wages-growth-expected-in-decemberStrong U.S. jobs, wages growth expected in DecemberBy Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely maintained a solid pace of job and wage growth in December, but rising borrowing costs as the Federal Reserve...urn:store:2:news:blog:40124https://hotcoinmarket.com/tokyo-core-cpi-seen-up-38-in-december-new-40-year-high-reuters-pollTokyo core CPI seen up 3.8% in December, new 40-year-high: Reuters PollBy Kantaro Komiya TOKYO (Reuters) - Consumer prices in Japan's capital likely rose in December at the fastest pace in nearly 41 years, a Reuters poll of economists showed on...urn:store:2:news:blog:40120https://hotcoinmarket.com/weekly-comic-chinas-precarious-reopeningWeekly Comic: China's precarious reopeningBy Geoffrey Smith  Investing.com -- China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets have...urn:store:2:news:blog:40116https://hotcoinmarket.com/china-establishes-mortgage-rate-adjustment-mechanism-for-some-home-buyersChina establishes mortgage rate adjustment mechanism for some home buyersBEIJING (Reuters) -China's central bank and the banking and insurance regulator have established a dynamic adjustment mechanism on mortgage rates for first-time home buyers, the...urn:store:2:news:blog:40113https://hotcoinmarket.com/china-expects-passenger-traffic-during-lunar-new-year-to-double-from-2022China expects passenger traffic during Lunar New Year to double from 2022BEIJING (Reuters) - China expects the total number of passenger trips made by travellers by road, rail, water and flight during the upcoming Lunar New Year to reach 2.1 billion...urn:store:2:news:blog:40112https://hotcoinmarket.com/samsungs-quarterly-profit-sinks-to-8-year-low-on-demand-slumpSamsung's quarterly profit sinks to 8-year low on demand slumpBy Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global...urn:store:2:news:blog:40109https://hotcoinmarket.com/china-property-shares-rise-on-easing-of-mortgage-rules-for-some-buyersChina property shares rise on easing of mortgage rules for some buyersHONG KONG (Reuters) - Shares of Chinese property developers climbed on Friday, lifted by more state support measures to bolster the highly indebted sector as China prepares to...urn:store:2:news:blog:40110https://hotcoinmarket.com/japans-real-wages-fall-at-fastest-pace-in-over-8-years-in-november-undercut-by-inflationJapan's real wages fall at fastest pace in over 8 years in November, undercut by inflationBy Kaori Kaneko and Tetsushi Kajimoto TOKYO (Reuters) -Japan's real wages in November fell 3.8% from a year earlier, their fastest rate in more than eight years, as inflation...urn:store:2:news:blog:40107https://hotcoinmarket.com/chinas-central-bank-makes-record-weekly-cash-withdrawalChina's central bank makes record weekly cash withdrawalSHANGHAI (Reuters) - China's central bank has made its biggest weekly cash withdrawal on record through a short-term bond instrument, as cash conditions loosened at the start of...urn:store:2:news:blog:40108https://hotcoinmarket.com/samsung-estimates-quarterly-profit-sank-to-8-year-low-on-demand-slumpSamsung estimates quarterly profit sank to 8-year low on demand slumpBy Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled to an eight-year low as a weakening global economy...urn:store:2:news:blog:40105https://hotcoinmarket.com/taiwan-offers-china-help-again-to-deal-with-covid-surgeTaiwan offers China help again to deal with COVID surgeTAIPEI (Reuters) - Taiwan has again offered to provide China with assistance to help it deal with a surge in COVID-19 cases but Chinese authorities have not yet responded,...urn:store:2:news:blog:40103https://hotcoinmarket.com/samsung-flags-lowest-quarterly-profit-in-8-years-on-demand-slumpSamsung flags lowest quarterly profit in 8 years on demand slumpBy Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported on Friday a likely 69% plunge in December-quarter operating profit to an eight-year low, as a...urn:store:2:news:blog:40104https://hotcoinmarket.com/dollars-vice-grip-on-fx-markets-to-loosen-this-year-analystsDollar's vice grip on FX markets to loosen this year - analystsBy Hari Kishan BENGALURU (Reuters) - The dollar's vice grip on FX markets will loosen a bit this year, according to analysts in a Reuters poll who expect most currencies to post...urn:store:2:news:blog:40102https://hotcoinmarket.com/japans-real-wages-fall-at-fastest-pace-in-over-8-years-in-november-weighed-by-inflationJapan's real wages fall at fastest pace in over 8 years in November, weighed by inflationTOKYO (Reuters) - Japan's real wages fell at their fastest rate - 3.8% - in over eight years in November as a result of higher inflation, while nominal pay growth slowed despite...urn:store:2:news:blog:40100https://hotcoinmarket.com/biden-says-us-economy-headed-to-new-plateau-amid-recession-fearsBiden says U.S. economy headed to 'new plateau,' amid recession fearsBy Andrea Shalal WASHINGTON (Reuters) - President Joe Biden said on Thursday the U.S. economy was seeing "really bright spots" after a rough few years, and was headed to a "new...urn:store:2:news:blog:40098https://hotcoinmarket.com/euro-zone-producer-prices-fall-mm-as-expected-in-novEuro zone producer prices fall m/m as expected in NovBRUSSELS (Reuters) - Euro zone producer prices fell month-on-month as expected in November, the EU's statistics office said on Thursday, pulled down by falling costs of energy....urn:store:2:news:blog:40099https://hotcoinmarket.com/moderna-signs-35-million-deal-with-cancer-drug-developer-cytomxModerna signs $35 million deal with cancer drug developer CytomX(Reuters) - Moderna (NASDAQ:MRNA) Inc on Thursday announced a $35 million licensing deal with cancer-focused drug developer CytomX Therapeutics (NASDAQ:CTMX) to work on...urn:store:2:news:blog:40095https://hotcoinmarket.com/marketmind-fed-up-square-upMarketmind: Fed up? Square upBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. If Asian markets take their cue on Friday from Wall Street's slump on Thursday, they...urn:store:2:news:blog:40096https://hotcoinmarket.com/stocks-sag-as-hawkish-fed-cools-china-rally-awaits-us-jobs-dataStocks sag as hawkish Fed cools China rally; awaits US jobs dataBy Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jobs data after the Federal Reserve's firm...urn:store:2:news:blog:40097https://hotcoinmarket.com/moderna-cytomx-to-collaborate-on-mrna-based-therapiesModerna, CytomX to collaborate on mRNA-based therapies(Reuters) -Moderna Inc on Thursday announced a $35 million licensing deal with CytomX Therapeutics (NASDAQ:CTMX) for the development of certain investigational messenger RNA-based...urn:store:2:news:blog:40094https://hotcoinmarket.com/dollar-hits-four-week-high-on-strong-employment-dataDollar hits four-week high on strong employment dataBy Karen Brettell NEW YORK (Reuters) - The dollar index hit a four-week high on Thursday after data pointed to a strong jobs market, supporting the prospect that the Federal...urn:store:2:news:blog:40093https://hotcoinmarket.com/feds-bullard-says-prospects-for-a-us-soft-landing-are-risingFed's Bullard says prospects for a U.S. soft landing are risingBy Michael S. Derby (Reuters) -St. Louis Federal Reserve leader James Bullard expressed optimism on Thursday that the new year could finally bring relief from inflation, adding...urn:store:2:news:blog:40092https://hotcoinmarket.com/most-us-renters-say-annual-bill-climbed-by-more-than-1000Most US Renters Say Annual Bill Climbed by More Than $1,000(Bloomberg) -- More than half of US renters say their annual bill climbed by at least $1,200 over the past year amid a housing-market squeeze, according to the Census Bureau. About...urn:store:2:news:blog:40091https://hotcoinmarket.com/venezuela-inflation-accelerating-heightening-risk-of-return-to-hyperinflation-economistsVenezuela inflation accelerating, heightening risk of return to hyperinflation -economistsCARACAS (Reuters) - Venezuelan consumer prices rose at a sharp 37.2% clip in December from November, heightening the risk of a return to hyperinflation, according to estimates by...urn:store:2:news:blog:40090https://hotcoinmarket.com/stocks-stall-as-firm-fed-message-reins-in-china-rallyStocks stall as firm Fed message reins in China rallyBy Marc Jones and Koh Gui Qing NEW YORK (Reuters) - U.S. stocks sank on Thursday and brought to a halt a global rally in global stocks, as upbeat American jobs data after the...urn:store:2:news:blog:40089https://hotcoinmarket.com/us-labor-market-strong-at-end-of-2022-trade-gap-narrows-sharplyU.S. labor market strong at end of 2022; trade gap narrows sharplyBy Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December,...urn:store:2:news:blog:40088https://hotcoinmarket.com/feds-bullard-says-rates-are-getting-closer-to-sufficiently-highFed’s Bullard Says Rates Are Getting Closer to Sufficiently High(Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said interest rates are getting closer to a high enough level to bring down inflation, suggesting he’s...urn:store:2:news:blog:40087https://hotcoinmarket.com/ecb-interest-rates-should-peak-by-summer-villeroyECB interest rates should peak by summer - VilleroyPARIS (Reuters) - The European Central Bank interest rates should reach a peak by this summer and hikes should not be "too mechanical", French ECB policymaker Francois Villeroy de...urn:store:2:news:blog:40086https://hotcoinmarket.com/feds-bullard-says-2023-may-be-year-inflation-surge-wiltsFed's Bullard says 2023 may be year inflation surge wiltsBy Michael S. Derby (Reuters) - St. Louis Federal Reserve leader James Bullard said Thursday the new year could finally bring some welcome relief on the inflation front. The...urn:store:2:news:blog:40085https://hotcoinmarket.com/biggest-hedge-funds-will-keep-lions-share-of-customers-in-2023-data-showsBiggest hedge funds will keep lion's share of customers in 2023, data showsBy Nell Mackenzie (Reuters) - The top 5% of the world's hedge fund managers are set to take 80-90% of investor inflows in 2023, according to new research from Agecroft Partners...urn:store:2:news:blog:40084https://hotcoinmarket.com/crypto-lender-genesis-lays-off-30-of-staff-sourceCrypto lender Genesis lays off 30% of staff - source(Reuters) -Cryptocurrency firm Genesis has cut 30% of its workforce in a second round of layoffs in less than six months, according to a person familiar with the matter, as...urn:store:2:news:blog:40083https://hotcoinmarket.com/european-shares-dip-as-media-stocks-slide-fed-worries-resurfaceEuropean shares dip as media stocks slide, Fed worries resurfaceBy Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares slipped on Thursday as media stocks were weighed by declines in British education group Pearson, while data...urn:store:2:news:blog:40082https://hotcoinmarket.com/us-labor-market-still-resilient-as-2022-endedU.S. labor market still resilient as 2022 endedBy Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December,...urn:store:2:news:blog:40080https://hotcoinmarket.com/silvergate-capital-shares-sink-as-crypto-related-deposits-plunge-by-8-billionSilvergate Capital shares sink as crypto-related deposits plunge by $8 billionBy Manya Saini, Niket Nishant and Hannah Lang (Reuters) -Silvergate Capital Corp reported a sharp drop in fourth-quarter crypto-related deposits on Thursday as investors spooked...urn:store:2:news:blog:40081https://hotcoinmarket.com/dollar-jumps-on-strong-employment-dataDollar jumps on strong employment dataBy Karen Brettell NEW YORK (Reuters) - The dollar jumped on Thursday after data pointed to a strong jobs market a day before Friday's highly anticipated employment report for...urn:store:2:news:blog:40079https://hotcoinmarket.com/feds-george-it-will-be-key-to-hold-rates-up-once-hikes-endFed's George: It will be key to hold rates up once hikes endBy Michael S. Derby NEW YORK (Reuters) - Kansas City Federal Reserve leader Esther George said on Thursday that she hopes the central bank will continue its efforts to shrink its...urn:store:2:news:blog:40078https://hotcoinmarket.com/factbox-why-are-tech-firms-leading-job-cuts-in-corporate-americaFactbox-Why are tech firms leading job cuts in Corporate America?(Reuters) - Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Persisting inflation...urn:store:2:news:blog:40077https://hotcoinmarket.com/amazon-layoff-signals-more-pain-for-tech-sector-as-recession-fears-mountAmazon layoff signals more pain for tech sector as recession fears mount(Reuters) - The massive job cuts by Amazon.com Inc (NASDAQ:AMZN), one of the biggest private employers in the United States, show the wave of layoff sweeping through the tech...urn:store:2:news:blog:40076https://hotcoinmarket.com/us-trade-deficit-shrinks-sharply-as-imports-tumbleU.S. trade deficit shrinks sharply as imports tumbleWASHINGTON (Reuters) - The U.S. trade deficit contracted by the most in nearly 14 years in November as slowing domestic demand amid higher borrowing costs depressed imports. The...urn:store:2:news:blog:40075https://hotcoinmarket.com/feds-bostic-officials-remain-determined-to-beat-inflationFed's Bostic: Officials "remain determined" to beat inflationWASHINGTON (Reuters) - Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials "remain determined" to lower it back to the central...urn:store:2:news:blog:40071https://hotcoinmarket.com/stocks-stall-as-firm-fed-reins-in-china-rallyStocks stall as firm Fed reins in China rallyBy Marc Jones LONDON (Reuters) - Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won't be cutting interest rates...urn:store:2:news:blog:40072https://hotcoinmarket.com/us-weekly-jobless-claims-at-three-month-low-layoffs-drop-in-decemberU.S. weekly jobless claims at three-month low; layoffs drop in DecemberWASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to...urn:store:2:news:blog:40070https://hotcoinmarket.com/us-private-payrolls-beat-expectations-in-december-adpU.S. private payrolls beat expectations in December - ADPWASHINGTON (Reuters) - U.S. private payrolls increased more than expected in December, pointing to still-strong demand for labor despite higher interest rates. Private employment...urn:store:2:news:blog:40069https://hotcoinmarket.com/silvergate-capital-shares-sink-as-crypto-related-deposits-plungeSilvergate Capital shares sink as crypto-related deposits plunge(Reuters) -Silvergate Capital Corp reported a sharp drop in fourth-quarter crypto-related deposits on Thursday and said it would cut its workforce by 40%, or about 200 employees,...urn:store:2:news:blog:40067https://hotcoinmarket.com/tech-firms-lead-companies-with-most-december-job-cuts-reportTech firms lead companies with most December job cuts -reportBy Michael S. Derby NEW YORK (Reuters) - American technology firms dominated the number of announced job cuts in December, as some employers downsized workforces to brace for the...urn:store:2:news:blog:40068https://hotcoinmarket.com/heavy-discounts-drive-record-us-online-holiday-spending-reportHeavy discounts drive record U.S. online holiday spending - report(Reuters) - U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe (NASDAQ:ADBE) Analytics showed, as retailers used hefty...urn:store:2:news:blog:40065https://hotcoinmarket.com/kenya-will-not-default-on-its-debt-payments-president-rutoKenya will not default on its debt payments -President RutoNAIROBI (Reuters) - Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto's government,...urn:store:2:news:blog:40066https://hotcoinmarket.com/big-tech-job-cuts-adp-hiring-hong-kong-border-reopens-whats-moving-marketsBig Tech job cuts, ADP hiring, Hong Kong border reopens - what's moving marketsBy Geoffrey Smith  Investing.com -- Amazon and Salesforce both announce big job cuts, deepening the retrenchment of Big Tech as the pandemic boom fades. ADP will release its...urn:store:2:news:blog:40064https://hotcoinmarket.com/silvergate-capitals-crypto-related-deposits-plunge-in-fourth-quarterSilvergate Capital's crypto-related deposits plunge in fourth quarter(Reuters) - Silvergate Capital (NYSE:SI) Corp's crypto-related deposits plummeted in the fourth quarter, according to a preliminary earnings report on Thursday, as souring crypto...urn:store:2:news:blog:40061https://hotcoinmarket.com/china-philippines-agree-to-handle-disputes-peacefully-boost-cooperationChina, Philippines agree to handle disputes peacefully, boost cooperationBy Yew Lun Tian and Neil Jerome Morales BEIJING/MANILA (Reuters) -China and the Philippines have agreed to set up a direct communications channel between their foreign ministries...urn:store:2:news:blog:40062https://hotcoinmarket.com/europe-stumbles-as-firm-fed-reins-in-china-rallyEurope stumbles as firm Fed reins in China rallyBy Marc Jones LONDON (Reuters) - Europe's markets suffered an early stumble on Thursday as a firm message from the Fed that it won't be cutting interest rates any time soon offset...urn:store:2:news:blog:40060https://hotcoinmarket.com/big-pharma-drags-european-shares-down-inflation-data-in-focusBig Pharma drags European shares down; inflation data in focusBy Bansari Mayur Kamdar (Reuters) -European shares slipped on Thursday, led lower by drugmakers ahead of euro zone inflation data, while minutes from the U.S. Federal Reserve's...urn:store:2:news:blog:40058https://hotcoinmarket.com/dollar-wavers-after-fed-minutes-offer-few-surprisesDollar wavers after Fed minutes offer few surprisesBy Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) - The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes....urn:store:2:news:blog:40059https://hotcoinmarket.com/indias-fy24-growth-to-dip-to-55-from-68-in-fy23-hsbc-economistIndia's FY24 growth to dip to 5.5% from 6.8% in FY23 - HSBC economistMUMBAI (Reuters) - India's economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was...urn:store:2:news:blog:40057https://hotcoinmarket.com/european-shares-slip-after-fed-minutes-temper-policy-pivot-hopesEuropean shares slip after Fed minutes temper policy pivot hopes(Reuters) - European shares slipped on Thursday ahead of euro zone inflation data, after minutes from the Federal Reserve's December meeting showed the central bank was committed...urn:store:2:news:blog:40052https://hotcoinmarket.com/bojs-policy-tweak-hasnt-led-to-lending-windfall-mizuho-head-saysBOJ's policy tweak hasn't led to lending windfall, Mizuho head saysBy Ritsuko Shimizu TOKYO (Reuters) - The Bank of Japan's decision to let long-term rates rise more has not sparked a boom in revenue from lending as the central bank has yet to...urn:store:2:news:blog:40053https://hotcoinmarket.com/uk-equity-funds-saw-record-10-billion-outflows-in-2022-calastoneUK equity funds saw record $10 billion outflows in 2022-CalastoneLONDON (Reuters) - Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning Britain as the country braces for the worst...urn:store:2:news:blog:40051https://hotcoinmarket.com/japan-us-finalising-memorandum-of-understanding-on-cyber-security-nikkeiJapan, US finalising memorandum of understanding on cyber security - NikkeiTOKYO (Reuters) - Japan and the United States are finalising a memorandum of understanding on cyber security, Japan's Nikkei newspaper reported on Thursday. Japan's trade...urn:store:2:news:blog:40049https://hotcoinmarket.com/german-exports-unexpectedly-fall-in-novemberGerman exports unexpectedly fall in NovemberBERLIN (Reuters) -German exports unexpectedly fell in November as high inflation and market uncertainty continue to weigh on Europe's largest economy despite fading supply chain...urn:store:2:news:blog:40047https://hotcoinmarket.com/kenya-private-sector-activity-rises-in-december-pmiKenya private sector activity rises in December -PMINAIROBI (Reuters) - Kenya's private sector activity picked up for a second month in a row in December, helped by easing inflation, increased demand and favourable weather, a...urn:store:2:news:blog:40048https://hotcoinmarket.com/russian-rouble-up-vs-dollar-euro-in-light-tradeRussian rouble up vs dollar, euro in light trade(Reuters) - The Russian rouble showed positive dynamics against the dollar and the euro amid a rebound in oil prices in thin holiday trading on Thursday. At 0711 GMT the rouble...urn:store:2:news:blog:40045https://hotcoinmarket.com/dollar-makes-modest-gains-after-hawkish-fed-minutesDollar makes modest gains after hawkish Fed minutesBy Rae Wee SINGAPORE (Reuters) - The dollar inched up on Thursday but struggled to make bigger gains as the boost from a still hawkish Federal Reserve was tempered by investors'...urn:store:2:news:blog:40042https://hotcoinmarket.com/asia-stocks-scale-4-month-high-on-reopening-of-chinese-economyAsia stocks scale 4-month high on reopening of Chinese economyBy Tom Westbrook SINGAPORE (Reuters) - Asian shares rose on Thursday on hopes for China's emergence from the pandemic, while the dollar found support after analysts spotted a...urn:store:2:news:blog:40041https://hotcoinmarket.com/us-inflation-has-not-turned-the-corner-yet-imfs-gopinath-warns-ftU.S. inflation has not 'turned the corner yet', IMF's Gopinath warns -FT(Reuters) -Inflation in the United States has not "turned the corner yet" and it is too early for the Federal Reserve to declare victory in the fight on rising prices, a top IMF...urn:store:2:news:blog:40039https://hotcoinmarket.com/marketmind-minutes-come-minutes-goMarketmind: Minutes come, minutes goA look at the day ahead in European and global markets from Ankur Banerjee The eagerly-anticipated Fed minutes arrived and failed to surprise, with markets broadly shrugging off...urn:store:2:news:blog:40040https://hotcoinmarket.com/us-inflation-has-not-turned-the-corner-yet-imf-official-warns-ftU.S. inflation has not 'turned the corner yet', IMF official warns -FT(Reuters) - Inflation in the United States has not "turned the corner yet" and it is too early for the Federal Reserve to declare victory in the fight on rising prices, a top IMF...urn:store:2:news:blog:40038https://hotcoinmarket.com/philippine-central-bank-says-ready-to-act-as-price-pressures-persistPhilippine central bank says ready to act as price pressures persistBy Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) - The Philippine central bank said on Thursday it was ready to take all policy action necessary, as upward pressure on...urn:store:2:news:blog:40036https://hotcoinmarket.com/standard-chartered-becomes-first-foreign-bank-to-trade-bond-futures-in-chinaStandard Chartered becomes first foreign bank to trade bond futures in ChinaSHANGHAI (Reuters) - Standard Chartered (OTC:SCBFF) Plc's China unit said it had become the first foreign bank to trade treasury bond futures in the country which is deregulating...urn:store:2:news:blog:40029https://hotcoinmarket.com/boj-to-raise-forecasts-for-key-inflation-gauge-sourcesBOJ to raise forecasts for key inflation gauge - sourcesBy Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan is putting more emphasis on an inflation gauge that excludes fuel costs, and will likely raise its...urn:store:2:news:blog:40030https://hotcoinmarket.com/asia-stocks-hit-4-month-high-on-reopening-of-chinese-economyAsia stocks hit 4-month high on reopening of Chinese economyBy Tom Westbrook SINGAPORE (Reuters) - Asian shares rose on Thursday on investor hopes for China's emergence from the COVID-19 pandemic, while the dollar stayed under pressure...urn:store:2:news:blog:40021https://hotcoinmarket.com/hawkish-fed-rhetoric-fails-to-lift-dollar-aussie-jumpsHawkish Fed rhetoric fails to lift dollar; Aussie jumpsBy Rae Wee SINGAPORE (Reuters) - The dollar struggled to advance on Thursday even though Federal Reserve policymakers reiterated their commitment last month to fighting inflation,...urn:store:2:news:blog:40022https://hotcoinmarket.com/philippine-dec-inflation-at-14-year-high-as-food-prices-jumpPhilippine Dec inflation at 14-year high as food prices jumpMANILA (Reuters) - Philippine annual inflation in December accelerated to its fastest pace since 2008, driven by spikes in food and energy prices, the statistics agency said on...urn:store:2:news:blog:40020https://hotcoinmarket.com/samsungs-quarterly-profit-set-to-hit-6-year-low-as-consumers-hunker-downSamsung's quarterly profit set to hit 6-year low as consumers hunker downBy Joyce Lee SEOUL (Reuters) - Samsung Electronics (OTC:SSNLF) Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps...urn:store:2:news:blog:40018https://hotcoinmarket.com/green-bonds-are-set-to-drive-corporate-esg-debt-out-of-slump-in-2023-barclaysGreen bonds are set to drive corporate ESG debt out of slump in 2023 -BarclaysBy Isla Binnie NEW YORK (Reuters) - Global sales of corporate bonds with environmental, social and governance (ESG) targets will rebound this year and top $460 billion, Barclays ...urn:store:2:news:blog:40019https://hotcoinmarket.com/factbox-if-not-mccarthy-then-who-other-possible-candidates-for-us-house-speakerFactbox-If not McCarthy then who? Other possible candidates for U.S. House speakerWASHINGTON (Reuters) - Here are six potential candidates to become speaker of the U.S. House of Representatives if Republican Leader Kevin McCarthy fails to win the post due to a...urn:store:2:news:blog:40016https://hotcoinmarket.com/fed-officials-offering-less-confidence-reverse-repo-usage-will-shrinkFed officials offering less confidence reverse repo usage will shrinkBy Michael S. Derby NEW YORK (Reuters) - Federal Reserve officials may be starting to come to terms with the fact that massive inflows of cash into one of the central bank's...urn:store:2:news:blog:40017https://hotcoinmarket.com/stocks-bonds-jump-as-investors-shrug-off-hawkish-fed-minutesStocks, bonds jump as investors shrug off hawkish Fed minutesBy Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the new year after a brutal 2022, although U.S. stocks eased off...urn:store:2:news:blog:40015https://hotcoinmarket.com/constellation-brands-walgreens-conagra-foods-earnings-3-things-to-watchConstellation Brands, Walgreens, ConAgra Foods earnings: 3 things to watchBy Liz Moyer Investing.com -- Stocks rallied on Wednesday, taking back earlier losses as investors got to pore over the Federal Reserve's meeting minutes from December. Fed...urn:store:2:news:blog:40014https://hotcoinmarket.com/kashkari-sees-feds-target-interest-rate-peaking-at-54Kashkari sees Fed's target interest rate peaking at 5.4%(Reuters) - The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it is sure that inflation has peaked, Minneapolis Fed President...urn:store:2:news:blog:40013https://hotcoinmarket.com/us-labor-market-remains-tight-manufacturing-slumps-furtherU.S. labor market remains tight; manufacturing slumps furtherBy Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings fell less than expected in November as the labor market remains tight, which could see the Federal Reserve boosting...urn:store:2:news:blog:40012https://hotcoinmarket.com/fed-wants-flexibility-on-rates-as-inflation-remains-key-focus-minutes-showFed wants 'flexibility' on rates as inflation remains key focus, minutes showBy Howard Schneider WASHINGTON (Reuters) - All officials at the Federal Reserve's Dec. 13-14 policy meeting agreed the U.S. central bank should slow the pace of its aggressive...urn:store:2:news:blog:40010https://hotcoinmarket.com/fed-backs-higher-for-longer-rates-to-tackle-unacceptably-high-inflationFed backs higher for longer rates to tackle 'unacceptably high' inflationBy Yasin Ebrahim Investing.com – Federal Reserve policymakers agreed that a sustained period of restrictive policy would be needed to cool "unacceptably high" inflation, according...urn:store:2:news:blog:40011https://hotcoinmarket.com/fed-aligned-on-smaller-december-rate-hike-worried-about-market-misperceptionFed aligned on smaller December rate hike, worried about market 'misperception'By Howard Schneider WASHINGTON (Reuters) - All officials at the Federal Reserve's Dec. 13-14 policy meeting agreed the U.S. central bank should slow the pace of its aggressive...urn:store:2:news:blog:40008https://hotcoinmarket.com/stellantis-plans-to-cut-one-in-five-french-outlets-in-dealership-revampStellantis plans to cut one in five French outlets in dealership revamp(Corrects to "cut" from "shut" in headline, lead) By Gilles Guillaume PARIS (Reuters) -Stellantis will ultimately cut about one in five retail outlets in France, the automaker...urn:store:2:news:blog:40009https://hotcoinmarket.com/us-labor-market-still-tight-manufacturing-slump-continuesU.S. labor market still tight; manufacturing slump continuesBy Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings fell less than expected in November as the labor market remains tight, which could see the Federal Reserve boosting...urn:store:2:news:blog:40007https://hotcoinmarket.com/brazils-vp-says-development-bank-should-be-strengthened-to-leverage-the-economyBrazil's VP says development bank should be strengthened to leverage the economyBRASILIA (Reuters) - Brazil's Vice President Geraldo Alckmin said on Wednesday that the state-run development bank BNDES should reduce interest rates to lenders, raising doubts on...urn:store:2:news:blog:40006https://hotcoinmarket.com/meta-told-to-reassess-legal-basis-for-eu-personalised-adsMeta told to reassess legal basis for EU personalised adsBy Padraic Halpin DUBLIN (Reuters) -Meta must reassess the legal basis on how Facebook (NASDAQ:META) and Instagram use personal data to target advertising in the European Union,...urn:store:2:news:blog:40004https://hotcoinmarket.com/us-job-openings-remain-elevated-manufacturing-slump-continuesU.S. job openings remain elevated; manufacturing slump continuesBy Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings fell less than expected in November as the labor market remains tight, which could see the Federal Reserve boosting...urn:store:2:news:blog:40003https://hotcoinmarket.com/los-angeles-county-to-pay-black-family-20-million-to-buy-back-wrongly-seized-beachLos Angeles County to pay Black family $20 million to buy back wrongly seized beachBy Brendan O'Brien (Reuters) - Los Angeles County will spend $20 million to purchase a prime beachfront property from the heirs of an African-American couple who were given the...urn:store:2:news:blog:40001https://hotcoinmarket.com/us-job-openings-topforecasts-astight-labor-market-seen-keeping-rates-highUS Job Openings Top Forecasts as Tight Labor Market Seen Keeping Rates High(Bloomberg) -- US job openings remained elevated in November, highlighting how a resilient labor market is likely to keep the Federal Reserve tilted toward more restrictive policy...urn:store:2:news:blog:40002https://hotcoinmarket.com/microsoft-shares-lag-big-tech-peers-as-growth-worries-prompt-ubs-downgradeMicrosoft shares lag Big Tech peers as growth worries prompt UBS downgrade(Reuters) - Microsoft Corp (NASDAQ:MSFT) underperformed big technology peers on U.S. exchanges on Wednesday as its shares fell 5.3% following a downgrade by brokerage UBS on...urn:store:2:news:blog:40000https://hotcoinmarket.com/fed-minutes-may-point-to-rate-hike-endgame-new-debate-phaseFed minutes may point to rate-hike endgame, new debate phaseBy Howard Schneider WASHINGTON (Reuters) -The Federal Reserve ended 2022 with a firm promise at its December policy meeting that interest rates would continue rising this year,...urn:store:2:news:blog:39998https://hotcoinmarket.com/us-job-openings-fall-less-than-expected-in-novemberU.S. job openings fall less than expected in NovemberWASHINGTON (Reuters) - U.S. job openings fell moderately in November as the labor market remains tight, which could see the Federal Reserve increasing interest rates to a higher...urn:store:2:news:blog:39999https://hotcoinmarket.com/stocks-bonds-extend-rally-on-hopes-rate-hikes-easeStocks, bonds extend rally on hopes rate hikes easeBy Lawrence White LONDON/NEW YORK (Reuters) - Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the new year with tentative optimism after a brutal...urn:store:2:news:blog:39997https://hotcoinmarket.com/feds-kashkari-favors-raising-rates-another-point-then-pausingFed’s Kashkari Favors Raising Rates Another Point, Then Pausing(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari said the US central bank has at least another percentage point of interest-rate increases to do in 2023...urn:store:2:news:blog:39996https://hotcoinmarket.com/uk-pm-sunak-promises-to-halve-inflation-grow-economy-in-2023U.K. PM Sunak promises to halve inflation, grow economy in 2023By Geoffrey Smith  Investing.com -- Inflation will come down by half and the British economy will grow this year, Rishi Sunak said on Wednesday in his first keynote policy speech...urn:store:2:news:blog:39992https://hotcoinmarket.com/fed-minutes-jolts-ism-china-tech-hope-whats-moving-marketsFed minutes, JOLTS, ISM, China tech hope - what's moving marketsBy Geoffrey Smith  Investing.com -- The Federal Reserve will publish minutes of its last policy meeting in December, while we will also get the first big U.S. data releases of the...urn:store:2:news:blog:39990https://hotcoinmarket.com/morning-bid-wakey-wakeyMorning Bid: Wakey wakey!A look at the day ahead in U.S. and global markets from Alun John The first Fed meeting minutes release of the year is due later, along with manufacturing data and job openings...urn:store:2:news:blog:39987https://hotcoinmarket.com/bmw-sales-dip-in-2022-targets-15-battery-electric-sales-this-yearBMW sales dip in 2022, targets 15% battery-electric sales this yearBERLIN (Reuters) -The BMW Group sold around 100,000 fewer cars in 2022 at 2.4 million vehicles, but more than doubled the proportion of fully-electric cars sold to reach almost...urn:store:2:news:blog:39988https://hotcoinmarket.com/us-auto-sales-to-fall-in-2022-gm-set-to-reclaim-top-spot-from-toyotaU.S. auto sales to fall in 2022, GM set to reclaim top spot from Toyota(Reuters) - U.S. new vehicle sales are expected to decline for major automakers in 2022 due to inventory shortages, which weighed on Asian brands more than the Detroit giants such...urn:store:2:news:blog:39989https://hotcoinmarket.com/fed-meeting-minutes-may-point-to-rate-hike-endgame-new-debate-phaseFed meeting minutes may point to rate-hike endgame, new debate phaseBy Howard Schneider WASHINGTON (Reuters) - The Federal Reserve ended 2022 with a firm promise at its December policy meeting that interest rates would continue rising this year,...urn:store:2:news:blog:39985https://hotcoinmarket.com/bmw-more-than-doubles-fully-electric-vehicle-sales-in-2022BMW more than doubles fully-electric vehicle sales in 2022BERLIN (Reuters) -The BMW Group more than doubled its fully-electric vehicle sales in 2022 and plans on raising the share of battery electric vehicles in total sales to 15% in...urn:store:2:news:blog:39986https://hotcoinmarket.com/uk-consumer-credit-surges-as-food-inflation-bitesU.K. consumer credit surges as food inflation bitesBy Geoffrey Smith  Investing.com -- U.K. consumers ramped up their credit card spending ahead of the holiday season, as inflation for groceries in particular continued to run well...urn:store:2:news:blog:39983https://hotcoinmarket.com/upbeat-economic-data-powers-european-shares-to-third-day-of-gainsUpbeat economic data powers European shares to third day of gainsBy Bansari Mayur Kamdar (Reuters) -European shares extended gains on Wednesday as a lower inflation reading from France, the euro zone's second-biggest economy, and...urn:store:2:news:blog:39981https://hotcoinmarket.com/stocks-creep-higher-as-inflation-data-offers-hope-ahead-of-fedStocks creep higher as inflation data offers hope ahead of FedBy Ankur Banerjee and Lawrence White SINGAPORE/LONDON (Reuters) - European and Asian shares rose on Wednesday thanks to positive news about inflation and China's strict anti-COVID...urn:store:2:news:blog:39979https://hotcoinmarket.com/asian-stocks-in-2022-suffer-biggest-foreign-outflows-since-2008-global-crisisAsian stocks in 2022 suffer biggest foreign outflows since 2008 global crisisBy Gaurav Dogra (Reuters) - Foreign investors withdrew more money from emerging Asian equities in 2022 than they had done in any year since the global financial crisis in 2008, as...urn:store:2:news:blog:39980https://hotcoinmarket.com/deutsche-banks-rollercoaster-ride-towards-more-stabilityDeutsche Bank's rollercoaster ride towards more stability(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters) - In 2019, Deutsche Bank (ETR:DBKGn) set...urn:store:2:news:blog:39977https://hotcoinmarket.com/japans-kishida-central-bank-governor-pressure-firms-for-higher-payJapan's Kishida, central bank governor pressure firms for higher payBy Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida urged companies on Wednesday to achieve wage hikes that exceed the rate of inflation...urn:store:2:news:blog:39975https://hotcoinmarket.com/european-shares-gain-for-third-day-as-france-inflation-slowsEuropean shares gain for third day as France inflation slows(Reuters) - European shares extended gains on Wednesday as a lower inflation reading from France boosted sentiment, while investors awaited euro zone business activity data and...urn:store:2:news:blog:39974https://hotcoinmarket.com/global-hedge-funds-plan-2023-around-inflation-riskGlobal hedge funds plan 2023 around inflation riskBy Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) - Having weathered a dire 2022, many global hedge fund managers are preparing this year for...urn:store:2:news:blog:39973https://hotcoinmarket.com/russian-rouble-down-with-oil-prices-trade-remains-thinRussian rouble down with oil prices, trade remains thinMOSCOW (Reuters) - The rouble opened weaker on Wednesday amid lower oil prices and thin trading volumes during public holidays in Russia. At 0714 GMT, the rouble was 0.6% weaker...urn:store:2:news:blog:39968https://hotcoinmarket.com/macau-casinos-deal-themselves-a-tough-hand-with-big-non-gaming-investment-pledgesMacau casinos deal themselves a tough hand with big non-gaming investment pledges(Corrects to fix Melco company name and stock symbol in second paragraph) By Farah Master HONG KONG (Reuters) -As casinos in Macau begin new licenses to operate in the world’s...urn:store:2:news:blog:39967https://hotcoinmarket.com/stocks-in-asia-gain-dollar-sways-as-fed-minutes-take-centre-stageStocks in Asia gain, dollar sways as Fed minutes take centre stageBy Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose sharply on Wednesday, boosted by Hong Kong shares, while the dollar was on the back foot, with investors keenly...urn:store:2:news:blog:39964https://hotcoinmarket.com/japans-kishida-urges-companies-to-give-wage-hikes-that-exceed-inflationJapan's Kishida urges companies to give wage hikes that exceed inflationTOKYO (Reuters) - Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. "In the past 30 years, wages did not...urn:store:2:news:blog:39965https://hotcoinmarket.com/marketmind-new-year-same-ol-fedMarketmind: New year, same ol' FedA look at the day ahead in European and global markets from Ankur Banerjee The start of the year is packed with a string of economic data, including U.S. job openings, that will...urn:store:2:news:blog:39963https://hotcoinmarket.com/goldman-sachs-dealmakers-see-ma-recovery-in-second-half-of-2023Goldman Sachs dealmakers see M&A recovery in second half of 2023By Saeed Azhar, Lananh Nguyen and Anirban Sen NEW YORK (Reuters) - Goldman Sachs Group Inc (NYSE:GS)'s top dealmakers are bullish on a recovery in global mergers & acquisitions...urn:store:2:news:blog:39962https://hotcoinmarket.com/taiwan-to-give-cash-payouts-to-citizens-in-new-year-blessingTaiwan to give cash payouts to citizens in 'New Year blessing'TAIPEI (Reuters) - Taiwan plans to give cash payouts of nearly $200 to every citizen this year, Premier Su Tseng-chang announced on Wednesday, saying the island's economic growth...urn:store:2:news:blog:39959https://hotcoinmarket.com/general-motors-mexico-economy-ministry-talk-ev-production-ministryGeneral Motors, Mexico economy ministry talk EV production - ministryMEXICO CITY (Reuters) - General Motors (NYSE:GM) discussed plans to produce only electric vehicles at its Ramos Arizpe plant in northern Mexico, the country's economy ministry...urn:store:2:news:blog:39956https://hotcoinmarket.com/bojs-kuroda-aims-to-keep-policy-loose-to-meet-price-wage-growth-goalsBOJ's Kuroda aims to keep policy loose to meet price, wage growth goalsBy Yoshifumi Takemoto TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank would maintain its loose monetary policy in order to sustain...urn:store:2:news:blog:39950https://hotcoinmarket.com/boj-kuroda-to-keep-easy-money-to-meet-inflation-target-with-wage-growthBOJ Kuroda: To keep easy money to meet inflation target with wage growthTOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank would keep monetary easing in order to achieve its 2% inflation target...urn:store:2:news:blog:39951https://hotcoinmarket.com/asian-equities-rise-dollar-sways-as-focus-firmly-on-fed-minutesAsian equities rise, dollar sways as focus firmly on Fed minutesBy Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose on Wednesday, while the dollar was on the back foot after a steep spike overnight, with investors keenly awaiting...urn:store:2:news:blog:39945https://hotcoinmarket.com/us-postal-service-can-continue-to-deliver-prescription-abortion-medication-dojU.S. Postal Service can continue to deliver prescription abortion medication - DOJBy David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service (USPS) can continue to deliver prescription abortion medication despite a June 2022 Supreme Court ruling that...urn:store:2:news:blog:39944https://hotcoinmarket.com/general-motors-to-add-5000-jobs-in-northern-mexico-economy-ministry-saysGeneral Motors to add 5,000 jobs in northern Mexico, economy ministry saysMEXICO CITY (Reuters) - General Motors (NYSE:GM) will add 5,000 jobs to its plant in the northern Mexican town of Ramos Arizpe, Mexico's economy ministry said on Tuesday,...urn:store:2:news:blog:39942https://hotcoinmarket.com/de-shaws-biggest-hedge-fund-up-247-in-2022D.E. Shaw's biggest hedge fund up 24.7% in 2022NEW YORK (Reuters) - D.E. Shaw's largest hedge fund gained 24.7% last year after fees, outperforming average gains for the industry in a high-volatility environment, according to...urn:store:2:news:blog:39943https://hotcoinmarket.com/dollar-jumps-euro-dips-before-fed-minutesDollar jumps, euro dips before Fed minutesBy Karen Brettell NEW YORK (Reuters) - The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes from its December meeting, while the euro was...urn:store:2:news:blog:39940https://hotcoinmarket.com/toyotas-indian-unit-warns-of-a-possible-customer-data-breach-2Toyota's Indian unit warns of a possible customer data breach(Reuters) -A data breach at Toyota Motor (NYSE:TM)'s Indian business might have exposed some customers' personal information, it said on Sunday. Toyota India said it has...urn:store:2:news:blog:39941https://hotcoinmarket.com/blackstone-offers-backstop-to-lure-university-of-california-in-redemption-stricken-reitBlackstone offers backstop to lure University of California in redemption-stricken REITBy Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of California in its unlisted real estate income trust...urn:store:2:news:blog:39939https://hotcoinmarket.com/ex-fed-chief-greenspan-says-us-recession-is-likelyEx-Fed Chief Greenspan Says US Recession Is Likely(Bloomberg) -- Former Federal Reserve Chair Alan Greenspan said a US recession is the “most likely outcome” as the central bank tightens monetary policy to curb inflation.  While...urn:store:2:news:blog:39938https://hotcoinmarket.com/banks-should-be-more-cautious-on-crypto-contagion-risks-us-regulators-warnBanks should be more cautious on crypto contagion risks, U.S. regulators warnBy Hannah Lang (Reuters) -Banks should be aware of key risks associated with cryptocurrency, including legal uncertainties and inaccurate or misleading disclosures by digital...urn:store:2:news:blog:39937https://hotcoinmarket.com/ecuador-reaches-trade-deal-with-china-aims-to-increase-exports-lasso-saysEcuador reaches trade deal with China, aims to increase exports, Lasso says(Reuters) - Ecuador President Guillermo Lasso said on Tuesday the country has sealed a free trade deal with China, an agreement expected to increase exports and boost growth in...urn:store:2:news:blog:39936https://hotcoinmarket.com/chinas-finance-minister-promises-appropriate-2023-fiscal-expansionChina's finance minister promises 'appropriate' 2023 fiscal expansionBEIJING (Reuters) - China will step up fiscal expansion in an appropriate manner in 2023 by boosting fiscal spending and investment via local government special bonds to spur the...urn:store:2:news:blog:39935https://hotcoinmarket.com/us-construction-spending-rebounds-in-novemberU.S. construction spending rebounds in NovemberWASHINGTON (Reuters) - U.S. construction spending unexpectedly rebounded in November, lifted by gains in nonresidential structures, but single-family homebuilding continued to be...urn:store:2:news:blog:39931https://hotcoinmarket.com/german-inflation-slows-in-december-on-one-off-energy-paymentGerman inflation slows in December on one-off energy paymentBERLIN (Reuters) -German inflation eased for a second month in a row in December due to falling energy prices and the government's one-off payment of household energy bills,...urn:store:2:news:blog:39929https://hotcoinmarket.com/dollar-jumps-to-two-week-high-euro-slides-as-german-inflation-easesDollar jumps to two-week high, euro slides as German inflation easesBy Samuel Indyk LONDON (Reuters) - The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week...urn:store:2:news:blog:39928https://hotcoinmarket.com/stocks-start-2023-higher-tesla-deliveries-german-cpi-whats-moving-marketsStocks start 2023 higher, Tesla deliveries, German CPI - what's moving marketsBy Geoffrey Smith  Investing.com -- Stocks start 2023 on a positive note, but the dollar is also bid higher from oversold levels. Tesla delivers fewer cars than expected in...urn:store:2:news:blog:39927https://hotcoinmarket.com/tiktok-owner-bytedance-cuts-hundreds-of-jobs-in-china-scmpTikTok-owner ByteDance cuts hundreds of jobs in China - SCMP(Reuters) - ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments at the end of 2022 as part of a cost-cutting...urn:store:2:news:blog:39923https://hotcoinmarket.com/dollar-jumps-to-two-week-high-yen-hits-7-month-peakDollar jumps to two-week high, yen hits 7-month peakBy Ankur Banerjee and Samuel Indyk LONDON (Reuters) - The U.S. dollar jumped on Tuesday with focus on the minutes from the Federal Reserve's December meeting, while the yen...urn:store:2:news:blog:39921https://hotcoinmarket.com/british-rail-workers-start-new-year-with-week-long-strikeBritish rail workers start new year with week-long strikeBy Sachin Ravikumar and Farouq Suleiman LONDON (Reuters) - British rail workers kicked off the new year with a week-long strike on Tuesday, disrupting the return to work for...urn:store:2:news:blog:39916https://hotcoinmarket.com/chinas-holiday-home-sales-rise-271-yy-private-surveyChina's holiday home sales rise 27.1% y/y - private surveyBEIJING (Reuters) - Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec. 31, due to promotions, support policies taking...urn:store:2:news:blog:39917https://hotcoinmarket.com/south-korea-eases-property-regulations-across-capital-seoulSouth Korea eases property regulations across capital SeoulSEOUL (Reuters) - South Korea's finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, in an effort to support...urn:store:2:news:blog:39913https://hotcoinmarket.com/hyundai-motor-kia-expect-auto-sales-to-jump-nearly-10-in-2023Hyundai Motor, Kia expect auto sales to jump nearly 10% in 2023By Heekyong Yang and Hyunsu Yim SEOUL (Reuters) -South Korea's Hyundai Motor Co and affiliate Kia Corp forecast on Tuesday that their combined global sales will jump nearly 10% in...urn:store:2:news:blog:39909https://hotcoinmarket.com/turkeys-inflation-drops-to-6427-in-december-due-to-base-effectTurkey's inflation drops to 64.27% in December due to base effectISTANBUL (Reuters) - Turkish annual inflation slid to 64.27% in December, official data showed on Tuesday, below forecast, dropping because of a favourable base effect after...urn:store:2:news:blog:39910https://hotcoinmarket.com/indonesias-2022-unaudited-budget-deficit-at-238-of-gdp-finance-ministerIndonesia's 2022 unaudited budget deficit at 2.38% of GDP -Finance MinisterJAKARTA (Reuters) - Indonesia recorded a 464.3 trillion rupiah fiscal deficit in 2022, or 2.38% of gross domestic product, based on unaudited data, its finance minister Sri...urn:store:2:news:blog:39911https://hotcoinmarket.com/russian-rouble-slides-in-first-trade-of-the-yearRussian rouble slides in first trade of the yearThe Russian rouble weakened on Tuesday against the dollar and euro in the first session of the year in Moscow amid light trading volumes during public holidays in Russia. At 0705...urn:store:2:news:blog:39906https://hotcoinmarket.com/china-securities-regulator-to-check-brokers-financing-needs-after-huatai-share-planChina securities regulator to check brokers' financing needs after Huatai share planSHANGHAI (Reuters) -China's securities regulator said it would fully check securities firms' financing needs after Huatai Securities Co Ltd proposed a share placement plan that...urn:store:2:news:blog:39907https://hotcoinmarket.com/gloom-and-boom-fund-managers-top-picks-for-2023Gloom and boom: Fund managers' top picks for 2023By Naomi Rovnick, Alun John and Marc Jones (Reuters) - King Dollar's reign (definitely) coming to an end, bonds bouncing and emerging markets rising again are just some of the...urn:store:2:news:blog:39904https://hotcoinmarket.com/hyundai-motor-sets-2023-global-sales-target-of-432-million-vehiclesHyundai Motor sets 2023 global sales target of 4.32 million vehiclesSEOUL (Reuters) -South Korea's Hyundai Motor Co said on Tuesday it has set its 2023 global sales target at 4.32 million vehicles, up about 8% from its 2022 target of 4.01 million...urn:store:2:news:blog:39905https://hotcoinmarket.com/yen-scales-seven-month-high-on-boj-policy-shift-hopesYen scales seven-month high on BOJ policy shift hopesBy Ankur Banerjee SINGAPORE (Reuters) - The yen spiked to a seven-month high against the U.S. dollar on Tuesday on rising expectations that the Bank of Japan might move away from...urn:store:2:news:blog:39902https://hotcoinmarket.com/marketmind-making-wavesMarketmind: Making wavesA look at the day ahead in European and global markets from Tom Westbrook The first trading day for most major markets in Asia was a choppy one, as investors grappled with the...urn:store:2:news:blog:39901https://hotcoinmarket.com/bank-of-korea-working-hard-to-ensure-economys-soft-landing-governorBank of Korea working hard to ensure economy's soft landing -governorSEOUL (Reuters) - South Korea's central bank governor said on Tuesday the bank will do its best to ensure a soft landing for the economy amid significant internal and external...urn:store:2:news:blog:39894https://hotcoinmarket.com/dollar-subdued-ahead-of-fed-minutes-yen-at-6-mth-highDollar subdued ahead of Fed minutes, yen at 6-mth highBy Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar eased on Tuesday as investors awaited the minutes from the last U.S. Federal Reserve policy meeting, and the yen was its...urn:store:2:news:blog:39888https://hotcoinmarket.com/dollar-steady-as-investors-await-economic-data-fed-minutesDollar steady as investors await economic data, Fed minutesSINGAPORE (Reuters) - The U.S. dollar was mostly flat on Tuesday as investors awaited slew of economic data this week along with minutes of the last Federal Reserve meeting that...urn:store:2:news:blog:39887https://hotcoinmarket.com/uk-announces-cash-support-for-low-income-householdsUK announces cash support for low-income households(Reuters) - Millions of low-income households in Britain will receive cost-of-living support from the government of up to 900 pounds ($1,084) over the financial year, the...urn:store:2:news:blog:39886https://hotcoinmarket.com/brazils-petrobras-to-play-leading-role-on-refinery-expansion-new-energy-ministerBrazil's Petrobras to play leading role on refinery expansion -new energy ministerRIO DE JANEIRO (Reuters) -Brazil's new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras would play a leading role in expanding the...urn:store:2:news:blog:39885https://hotcoinmarket.com/brazils-petrobras-will-play-leading-role-to-expand-refineries-says-new-energy-ministerBrazil's Petrobras will play leading role to expand refineries, says new energy ministerRIO DE JANEIRO (Reuters) - Brazil's new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras would play a leading role in expanding the...urn:store:2:news:blog:39884https://hotcoinmarket.com/bank-of-israel-raises-key-rate-seeks-fiscal-restraint-from-new-govtBank of Israel raises key rate, seeks fiscal restraint from new govtBy Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel raised its benchmark interest rate by half a point on Monday, and will likely continue its increases a...urn:store:2:news:blog:39883https://hotcoinmarket.com/brazils-haddad-vows-to-restore-public-accountsBrazil's Haddad vows to 'restore' public accountsBRASILIA (Reuters) -Brazil's new finance minister, Fernando Haddad, said on Monday he would propose a new fiscal anchor in the first half of this year as leftist President Luiz...urn:store:2:news:blog:39882https://hotcoinmarket.com/bank-of-israel-hikes-key-rate-12-point-with-inflation-at-14-year-highBank of Israel hikes key rate 1/2-point with inflation at 14-year highJERUSALEM (Reuters) -The Bank of Israel on Monday raised its benchmark interest rate by half a point, the seventh straight meeting at which it has increased rates to try to curb...urn:store:2:news:blog:39880https://hotcoinmarket.com/bank-of-israel-hikes-key-rate-12-point-as-inflation-at-14-year-highBank of Israel hikes key rate 1/2-point as inflation at 14-year highJERUSALEM (Reuters) - The Bank of Israel on Monday raised its benchmark interest rate by half a point, the seventh straight meeting it has increased rates to try to curb inflation...urn:store:2:news:blog:39881https://hotcoinmarket.com/brazils-haddad-vows-to-restore-public-accounts-in-first-speech-as-finance-ministerBrazil's Haddad vows to 'restore' public accounts in first speech as finance ministerBRASILIA (Reuters) - Brazil's new Finance Minister Fernando Haddad said on Monday he would propose a new fiscal anchor in the first half of this year as the administration of...urn:store:2:news:blog:39876https://hotcoinmarket.com/stocks-edge-higher-as-darker-forecasts-loomStocks edge higher as darker forecasts loomBy Nell Mackenzie (Reuters) -World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International...urn:store:2:news:blog:39874https://hotcoinmarket.com/stocks-buoyant-while-darker-forecasts-gather-on-the-horizonStocks buoyant while darker forecasts gather on the horizonBy Nell Mackenzie (Reuters) - Stock markets edged higher, European bond yields dropped and the dollar remained firm in light trading on Monday amid warnings from the International...urn:store:2:news:blog:39873https://hotcoinmarket.com/indonesia-eyes-11-billion-in-capital-market-fundraising-this-yearIndonesia eyes $11 billion in capital market fundraising this yearJAKARTA (Reuters) - Indonesia is targeting 170 trillion rupiah ($10.92 billion) in capital market fundraising for this year, including from initial public offerings and debt...urn:store:2:news:blog:39872https://hotcoinmarket.com/syria-weakens-official-exchange-rateSyria weakens official exchange rateDAMASCUS (Reuters) - Syria weakened its official exchange rate to 4,522 Syrian pounds to the dollar, a central bank statement said on Monday, while black market rates used for...urn:store:2:news:blog:39871https://hotcoinmarket.com/european-shares-start-2023-on-upbeat-note-on-encouraging-factory-dataEuropean shares start 2023 on upbeat note on encouraging factory dataBy Bansari Mayur Kamdar (Reuters) -European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year...urn:store:2:news:blog:39870https://hotcoinmarket.com/pakistandecember-cpi-rises-245-year-on-year-statistics-bureauPakistan December CPI rises 24.5% year on year - statistics bureauISLAMABAD (Reuters) - Pakistan's consumer price index rose 24.5% in December, year-on-year, the statistics bureau said on Monday. Prices were up 0.5% in December from the...urn:store:2:news:blog:39869https://hotcoinmarket.com/iifl-finance-to-raise-funds-via-public-issueIIFL Finance to raise funds via public issueMUMBAI (Reuters) - India's IIFL Finance plans to raise at least 1 billion rupees ($12.10 million) through public issue of non-convertible debentures, according to a product note. ...urn:store:2:news:blog:39868https://hotcoinmarket.com/european-shares-rise-in-first-trading-session-of-2023European shares rise in first trading session of 2023(Reuters) - European shares rose in the first trading session of 2023 on Monday, after a rough year marred with fears of a recession as central banks hiked rates globally and the...urn:store:2:news:blog:39863https://hotcoinmarket.com/economic-weakness-set-to-weigh-on-oil-price-in-2023-2Economic weakness set to weigh on oil price in 2023By Brijesh Patel (Reuters) -Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China threaten demand growth and offset...urn:store:2:news:blog:39861https://hotcoinmarket.com/indonesias-dec-inflation-inches-up-to-551-yyIndonesia's Dec inflation inches up to 5.51% y/yJAKARTA (Reuters) - Indonesia's inflation rose slightly in December and remained above the central bank's target range for the seventh straight month, official data showed on...urn:store:2:news:blog:39854https://hotcoinmarket.com/biden-to-promote-us-infrastructure-spending-in-bipartisan-kentucky-visitBiden to promote U.S. infrastructure spending in bipartisan Kentucky visit(Adds dropped word in paragraph five.) By David Shepardson WASHINGTON (Reuters) -Democratic U.S. President Joe Biden will join Republican Senate Minority Leader Mitch McConnell in...urn:store:2:news:blog:39853https://hotcoinmarket.com/china-dec-manufacturing-contracts-sharply-as-covid-infections-soarChina Dec manufacturing contracts sharply as COVID infections soarBEIJING (Reuters) -China's factory activity shrank for the third straight month in December and at the sharpest pace in nearly three years as COVID infections swept through...urn:store:2:news:blog:39852https://hotcoinmarket.com/jail-time-hardened-lulas-resolve-to-tackle-poverty-over-profitJail time hardened Lula's resolve to tackle poverty over profitBy Anthony Boadle and Lisandra Paraguassu BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva's 580-day stretch behind bars imbued him with a renewed sense of social...urn:store:2:news:blog:39851https://hotcoinmarket.com/global-economy-faces-tougher-year-in-2023-imfs-georgieva-warnsGlobal economy faces tougher year in 2023, IMF's Georgieva warns(Reuters) -For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening...urn:store:2:news:blog:39850https://hotcoinmarket.com/tough-year-ahead-for-the-global-economy-imfs-georgieva-warnsTough year ahead for the global economy, IMF's Georgieva warns(Reuters) - For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening...urn:store:2:news:blog:39849https://hotcoinmarket.com/historic-new-year-for-croatia-as-it-joins-euro-schengen-areaHistoric new year for Croatia as it joins euro, Schengen areaBREGANA BORDER CROSSING, Croatia (Reuters) - Croatia rang in two historic changes with the new year, as the European Union's youngest member joined both the EU's border-free...urn:store:2:news:blog:39846https://hotcoinmarket.com/germanys-finance-minister-sees-2023-inflation-at-7Germany's finance minister sees 2023 inflation at 7%BERLIN (Reuters) - Germany's finance minister expects inflation in Europe's biggest economy to drop to 7% this year and to continue falling in 2024 and beyond, but believes high...urn:store:2:news:blog:39845https://hotcoinmarket.com/analysis-jail-time-hardened-lulas-resolve-to-tackle-poverty-over-profitAnalysis-Jail time hardened Lula's resolve to tackle poverty over profitBy Anthony Boadle and Lisandra Paraguassu BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva's 580-day stretch behind bars imbued him with a renewed sense of...urn:store:2:news:blog:39841https://hotcoinmarket.com/market-misery-deals-sovereign-wealth-funds-historic-setback-in-2022-studyMarket misery deals sovereign wealth funds historic setback in 2022 -studyBy Marc Jones LONDON (Reuters) - Heavy falls in stock and bond markets over the last year have cut the combined value of the world's sovereign wealth and public pension funds for...urn:store:2:news:blog:39839https://hotcoinmarket.com/bank-of-korea-chief-sees-more-conflict-between-goalsBank of Korea chief sees more conflict between goalsSEOUL (Reuters) - The head of South Korea's central bank said on Sunday it would likely face an increasing conflict between policy goals in 2023 as the effect of the recent...urn:store:2:news:blog:39838https://hotcoinmarket.com/china-home-prices-fall-at-faster-pace-in-december-private-surveyChina home prices fall at faster pace in December - private surveyBEIJING(Reuters) - China's home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising COVID-19 cases...urn:store:2:news:blog:39837https://hotcoinmarket.com/turkish-central-bank-includes-other-financial-firms-in-securities-regulationTurkish central bank includes other financial firms in securities regulationANKARA (Reuters) - The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its "liraization strategy" which will be...urn:store:2:news:blog:39831https://hotcoinmarket.com/taiwan-to-plough-12-billion-in-excess-tax-revenue-back-into-economy-in-2023Taiwan to plough $12 billion in excess tax revenue back into economy in 2023TAIPEI (Reuters) - Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks,...urn:store:2:news:blog:39830https://hotcoinmarket.com/ecb-must-stop-quick-wage-growth-from-fuelling-inflation-lagarde-saysECB must stop quick wage growth from fuelling inflation, Lagarde saysFRANKFURT (Reuters) - Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President...urn:store:2:news:blog:39829https://hotcoinmarket.com/bulgaria-expects-fiscal-deficit-of-1-of-gdp-for-2022Bulgaria expects fiscal deficit of 1% of GDP for 2022SOFIA (Reuters) - Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of economic output, outperforming a revised target of...urn:store:2:news:blog:39823https://hotcoinmarket.com/boj-considering-raising-inflation-forecasts-to-near-2-target-nikkeiBOJ considering raising inflation forecasts to near 2% target -Nikkei(Reuters) -The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported...urn:store:2:news:blog:39822https://hotcoinmarket.com/stocks-end-2022-with-a-thud-treasury-yields-oil-prices-riseStocks end 2022 with a thud; Treasury yields, oil prices riseBy Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) - Wall Street equity indexes finished lower on Friday on 2022's last trading day, while Treasury yields rose along with...urn:store:2:news:blog:39821https://hotcoinmarket.com/wall-st-ends-2022-with-biggest-annual-drop-since-2008Wall St ends 2022 with biggest annual drop since 2008By Echo Wang (Reuters) - U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb...urn:store:2:news:blog:39820https://hotcoinmarket.com/wall-st-set-to-end-challenging-year-with-steep-dropWall St set to end challenging year with steep dropBy Echo Wang (Reuters) - U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation,...urn:store:2:news:blog:39818https://hotcoinmarket.com/fed-reverse-repo-facility-hits-record-2554-trillionFed reverse repo facility hits record $2.554 trillionBy Michael S. Derby NEW YORK (Reuters) - A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of...urn:store:2:news:blog:39819https://hotcoinmarket.com/us-dollar-down-still-set-for-best-year-since-2015U.S. dollar down, still set for best year since 2015By Hannah Lang WASHINGTON (Reuters) - The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year dominated by Federal Reserve rate hikes...urn:store:2:news:blog:39817https://hotcoinmarket.com/stumbling-treasury-rally-clouds-bond-market-outlook-for-2023Stumbling Treasury rally clouds bond market outlook for 2023By Davide Barbuscia NEW YORK (Reuters) - U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another...urn:store:2:news:blog:39815https://hotcoinmarket.com/wall-st-set-to-close-torrid-year-on-downbeat-noteWall St set to close torrid year on downbeat noteBy Amruta Khandekar and Ankika Biswas (Reuters) - Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked...urn:store:2:news:blog:39816https://hotcoinmarket.com/venezuela-economy-grew-1773-yy-through-september-central-bankVenezuela economy grew 17.73% y/y through September - central bankCARACAS (Reuters) - Venezuela's economy grew 17.73% year-over-year in the first three quarters of 2022, the South American country's central bank said Friday, following an...urn:store:2:news:blog:39814https://hotcoinmarket.com/european-shares-fall-record-worst-year-since-2018European shares fall, record worst year since 2018By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) - European shares slipped in the last trading day of a rough year marked by geopolitical tensions and fears of a recession...urn:store:2:news:blog:39813https://hotcoinmarket.com/stocks-fall-treasury-yields-rise-upon-final-2022-trading-dayStocks fall, Treasury yields rise upon final 2022 trading dayBy Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) - Wall Street equity indexes lost ground on Friday, the last trading day of 2022, while Treasury yields were gaining...urn:store:2:news:blog:39810https://hotcoinmarket.com/us-dollar-down-still-on-track-for-biggest-annual-gain-since-2015U.S. dollar down, still on track for biggest annual gain since 2015By Hannah Lang and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) - The dollar fell on Friday but was still on track for its biggest annual gain since 2015, in the last trading...urn:store:2:news:blog:39809https://hotcoinmarket.com/wall-st-dragged-down-by-growth-stocks-on-last-trading-day-of-torrid-yearWall St dragged down by growth stocks on last trading day of torrid year(Reuters) - Wall Street's main indexes opened lower on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the...urn:store:2:news:blog:39808https://hotcoinmarket.com/wall-st-opens-lower-on-last-trading-day-of-torrid-yearWall St opens lower on last trading day of torrid year(Reuters) - Wall Street's main indexes opened lower on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the...urn:store:2:news:blog:39807https://hotcoinmarket.com/growth-constraints-to-shackle-industrial-metals-for-a-few-more-monthsGrowth constraints to shackle industrial metals for a few more monthsBy Pratima Desai LONDON (Reuters) - Industrial metals markets hoping for improving demand and a price rally may have to wait a few more months with the headwinds of slow growth...urn:store:2:news:blog:39806https://hotcoinmarket.com/us-dollar-slips-still-set-for-biggest-annual-gain-since-2015U.S. dollar slips, still set for biggest annual gain since 2015By Elizabeth Howcroft LONDON (Reuters) - The dollar fell on Friday but was still on track for its biggest annual gain since 2015, in the last trading day of a year dominated by...urn:store:2:news:blog:39804https://hotcoinmarket.com/china-regulator-asks-futu-and-up-fintech-to-stop-soliciting-mainland-clientsChina regulator asks Futu and UP Fintech to stop soliciting mainland clientsSHANGHAI/HONG KONG (Reuters) -China's securities regulator said on Friday that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses,...urn:store:2:news:blog:39805https://hotcoinmarket.com/wall-st-set-to-open-lower-on-last-trading-day-of-torrid-yearWall St set to open lower on last trading day of torrid yearBy Ankika Biswas and Amruta Khandekar (Reuters) -Wall Street was set to open lower on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to...urn:store:2:news:blog:39802https://hotcoinmarket.com/world-us-stocks-suffer-2022-losses-while-dollar-triumphsWorld, U.S. stocks suffer 2022 losses while dollar triumphsBy Carolyn Cohn and Ankur Banerjee LONDON/SINGAPORE (Reuters) - World stocks were steady and U.S. stock index futures indicated a lower open on Wall Street on the last trading day...urn:store:2:news:blog:39803https://hotcoinmarket.com/global-equity-funds-see-outflows-for-an-eighth-straight-weekGlobal equity funds see outflows for an eighth straight week(Reuters) - Global equity funds posted net outflows for an eighth straight week in the seven days to Dec. 28 as a stronger than expected U.S. GDP reading raised worries that U.S....urn:store:2:news:blog:39800https://hotcoinmarket.com/futures-slip-on-last-trading-day-of-torrid-yearFutures slip on last trading day of torrid year(Reuters) - U.S. stock index futures edged down on the final trading day of a roller-coaster year marked by aggressive monetary policy tightening by the Federal Reserve, the...urn:store:2:news:blog:39801https://hotcoinmarket.com/china-central-bank-promises-more-policy-support-for-economyChina central bank promises more policy support for economyBEIJING (Reuters) - China's central bank said on Friday it will step up implementation of its "prudent" monetary policy to support the economy hurt by the COVID-19 pandemic,...urn:store:2:news:blog:39799https://hotcoinmarket.com/new-fed-research-flags-rising-risk-of-us-recessionNew Fed research flags rising risk of U.S. recessionBy Michael S. Derby NEW YORK (Reuters) - Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a...urn:store:2:news:blog:39796https://hotcoinmarket.com/european-shares-slip-set-for-worst-annual-performance-since-2018European shares slip, set for worst annual performance since 2018By Bansari Mayur Kamdar (Reuters) -European shares slipped in the last trading session of a rough year marked by geopolitical tensions and fears of a recession as central banks...urn:store:2:news:blog:39797https://hotcoinmarket.com/us-dollar-index-set-for-biggest-annual-gain-since-2015U.S. dollar index set for biggest annual gain since 2015By Elizabeth Howcroft and Rae Wee LONDON/SINGAPORE (Reuters) - The dollar was on track for its biggest annual gain since 2015 on Friday, in the last trading day of a year...urn:store:2:news:blog:39794https://hotcoinmarket.com/world-stocks-eye-glum-2022-while-dollar-triumphsWorld stocks eye glum 2022 while dollar triumphsBy Carolyn Cohn and Ankur Banerjee LONDON/SINGAPORE (Reuters) - World stocks were steady on the last trading day of the year as markets digested U.S. data and the dismantling of...urn:store:2:news:blog:39795https://hotcoinmarket.com/high-inflation-here-to-stay-for-coming-months-says-german-industryHigh inflation here to stay for coming months, says German industryBERLIN (Reuters) - Germany's inflation rate is unlikely to decline rapidly at present and the European Central Bank's target of 2% will only become feasible by the middle of the...urn:store:2:news:blog:39791https://hotcoinmarket.com/indonesia-issues-emergency-regulation-to-replace-jobs-lawIndonesia issues emergency regulation to replace jobs lawBy Ananda Teresia and Gayatri Suroyo JAKARTA (Reuters) -Indonesia's President Joko Widodo signed an emergency regulation on Friday to replace a controversial job creation law that...urn:store:2:news:blog:39792https://hotcoinmarket.com/russian-rouble-surges-as-volatile-year-draws-to-a-closeRussian rouble surges as volatile year draws to a closeMOSCOW (Reuters) - The rouble strengthened sharply on Friday, nearing the 70 mark against the dollar as a highly volatile year drew to a close, with the final month of trading...urn:store:2:news:blog:39790https://hotcoinmarket.com/turkey-cenbank-targets-60-lira-deposits-in-banks-by-mid-2023Turkey cenbank targets 60% lira deposits in banks by mid-2023By Nevzat Devranoglu and Ezgi Erkoyun ANKARA (Reuters) -Turkey's central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking...urn:store:2:news:blog:39789https://hotcoinmarket.com/european-shares-set-to-end-the-tumultuous-year-lowerEuropean shares set to end the tumultuous year lower(Reuters) - European shares slipped on Friday, in their last trading session of a rough year that was marked by geopolitical tensions and growing fears of a recession as central...urn:store:2:news:blog:39786https://hotcoinmarket.com/thai-q3-household-debt-to-gdp-slows-but-remains-a-riskThai Q3 household debt to GDP slows but remains a riskBANGKOK (Reuters) - Thailand's household debt to gross domestic product ratio dropped to 86.8% in the third quarter from 88.1% in the previous quarter, central bank data showed on...urn:store:2:news:blog:39785https://hotcoinmarket.com/swiss-national-bank-steps-up-forex-sales-during-q3Swiss National Bank steps up forex sales during Q3ZURICH (Reuters) - The Swiss National Bank increased its forex sales to 739 million Swiss francs ($799.35 million) during the third quarter of 2022, the central bank said on...urn:store:2:news:blog:39783https://hotcoinmarket.com/chinas-huawei-sees-business-as-usual-as-us-sanctions-impact-wanesChina's Huawei sees 'business as usual' as U.S. sanctions impact wanesBy Josh Horwitz SHANGHAI (Reuters) - Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to...urn:store:2:news:blog:39781https://hotcoinmarket.com/thai-household-debt-to-gdp-ratio-slows-to-868-in-q3Thai household debt-to-GDP ratio slows to 86.8% in Q3BANGKOK (Reuters) - Thailand's household debt to gross domestic product ratio stood at 86.8% in the third quarter, down from a revised 88.1% in the previous quarter, central bank...urn:store:2:news:blog:39782https://hotcoinmarket.com/uk-house-prices-end-2022-on-a-weaker-note-after-pandemic-boomUK house prices end 2022 on a weaker note after pandemic boomBy Muvija M LONDON (Reuters) -British annual house price growth marked a further "sharp" slowdown in December, mortgage lender Nationwide said, ending the year on a downbeat note...urn:store:2:news:blog:39780https://hotcoinmarket.com/turkey-cenbank-targets-60-lira-deposits-in-banks-in-h1Turkey cenbank targets 60% lira deposits in banks in H1ANKARA (Reuters) - Turkey's central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next six months, and vowed...urn:store:2:news:blog:39778https://hotcoinmarket.com/uk-house-price-growth-record-sharp-slowdown-in-december-nationwideUK house price growth record 'sharp' slowdown in December - NationwideLONDON (Reuters) -British annual house price growth marked a further "sharp" slowdown in December, mortgage lender Nationwide said on Friday, adding that the final month of 2022...urn:store:2:news:blog:39779https://hotcoinmarket.com/russian-rouble-strengthens-vs-dollar-as-volatile-year-endsRussian rouble strengthens vs dollar as volatile year ends(Corrects 'roubles' to 'rouble' in headline) MOSCOW (Reuters) -The rouble strengthened on Friday, heading towards the 71 mark against the dollar as a highly volatile year drew to...urn:store:2:news:blog:39775https://hotcoinmarket.com/inflation-chinas-covid-bounce-teetering-crypto-whatll-move-markets-in-2023Inflation, China's COVID bounce, teetering crypto: what'll move markets in 2023By Geoffrey Smith Investing.com -- First the good news: 2022, a nightmare year for both stocks and bonds, is nearly over. Now the bad news: while 2023 is likely to be better, it...urn:store:2:news:blog:39773https://hotcoinmarket.com/asia-stocks-gain-as-investors-find-foothold-at-end-of-brutal-2022Asia stocks gain as investors find foothold at end of brutal 2022By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose on Friday as investors looked to end the year on an optimistic note after U.S. data showed the Federal Reserve's...urn:store:2:news:blog:39770https://hotcoinmarket.com/factbox-turkeys-raft-of-pre-election-spending-to-swell-budgetFactbox-Turkey's raft of pre-election spending to swell budgetBy Nevzat Devranoglu and Daren Butler ANKARA (Reuters) - President Tayyip Erdogan's decision to allow more than 2 million Turkish workers to retire early is his latest measure to...urn:store:2:news:blog:39771https://hotcoinmarket.com/dollar-powers-through-eyes-best-year-since-2015Dollar powers through, eyes best year since 2015By Rae Wee SINGAPORE (Reuters) - The dollar firmed on Friday and was on track for its best performance in seven years, buoyed by the Federal Reserve's aggressive monetary policy...urn:store:2:news:blog:39772https://hotcoinmarket.com/china-drafts-rules-for-trust-firms-to-curb-shadow-bankingChina drafts rules for trust firms to curb shadow bankingBEIJING (Reuters) -China's banking and insurance regulator issued draft rules on Friday to step up oversight of the $3 trillion trust industry, and reduce financial risks in the...urn:store:2:news:blog:39766https://hotcoinmarket.com/huaweis-2022-revenue-steady-at-915-billion-as-us-sanctions-impact-wanesHuawei's 2022 revenue steady at $91.5 billion as U.S. sanctions impact wanesSHANGHAI (Reuters) -Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue grew 0.4% annually, suggesting that its sales decline due to U.S. sanctions...urn:store:2:news:blog:39764https://hotcoinmarket.com/indonesia-issues-emergency-regulation-to-replace-controversial-job-creation-lawIndonesia issues emergency regulation to replace controversial job creation lawJAKARTA (Reuters) - Indonesia's President Joko Widodo has signed an emergency regulation to replace the controversial job creation law, his chief economics minister said on...urn:store:2:news:blog:39765https://hotcoinmarket.com/modis-popularity-key-to-selling-cut-in-food-aid-ahead-of-indian-electionsModi's popularity key to selling cut in food aid ahead of Indian elections(Corrects paragraphs 2 and 4 to show extra handouts were monthly) By Aftab Ahmed and Krishn Kaushik NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi's move to effectively...urn:store:2:news:blog:39763https://hotcoinmarket.com/chinas-huawei-sees-2022-revenue-of-915-billion-up-04-reportChina's Huawei sees 2022 revenue of $91.5 billion, up 0.4% -reportSHANGHAI (Reuters) -Chinese smartphone maker Huawei expects its revenue for 2022 to reach 636.9 billion yuan ($91.53 billion), media outlet the Paper said on Friday, citing a...urn:store:2:news:blog:39760https://hotcoinmarket.com/asia-stocks-rise-as-investors-find-foothold-at-end-of-brutal-2022Asia stocks rise as investors find foothold at end of brutal 2022By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose on Friday as investors looked to end the year on an optimistic note after U.S. data showed the Federal Reserve's...urn:store:2:news:blog:39761https://hotcoinmarket.com/chinas-factory-activity-likely-cooled-in-dec-on-covid-surge-reuters-pollChina's factory activity likely cooled in Dec on COVID surge: Reuters PollBEIJING (Reuters) - China's factory activity is expected to have extended declines in December, a Reuters poll showed on Friday, as the end of the country's "zero-COVID" policy...urn:store:2:news:blog:39757https://hotcoinmarket.com/china-central-bank-makes-biggest-weekly-short-term-cash-injection-since-2019China central bank makes biggest weekly short-term cash injection since 2019SHANGHAI (Reuters) - China's central bank stepped up liquidity support this week by making the biggest weekly cash injection through a short-term bond instrument since 2019 to...urn:store:2:news:blog:39756https://hotcoinmarket.com/dollar-eyes-best-year-since-2015-fed-rate-path-china-reopening-to-set-toneDollar eyes best year since 2015; Fed rate path, China reopening to set toneBy Rae Wee SINGAPORE (Reuters) - The dollar was on track for its best performance in seven years on Friday, having been buoyed by the Federal Reserve's aggressive monetary policy...urn:store:2:news:blog:39755https://hotcoinmarket.com/biden-signs-166-trillion-fy-2023-government-funding-billBiden signs $1.66 trillion FY 2023 government funding billCHRISTIANSTED, St. Croix (Reuters) -President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal year 2023, the White House said in a...urn:store:2:news:blog:39754https://hotcoinmarket.com/hedge-funds-set-to-mark-worst-returns-in-14-yearsHedge funds set to mark worst returns in 14 yearsBy Patturaja Murugaboopathy and Summer Zhen (Reuters) - Global hedge funds are set to register their worst returns in 14 years in 2022 after aggressive U.S. interest rate rises...urn:store:2:news:blog:39753https://hotcoinmarket.com/eu-gives-guarded-welcome-to-us-guidance-on-ev-tax-creditsEU gives guarded welcome to U.S. guidance on EV tax creditsBRUSSELS (Reuters) - The European Commission gave a guarded welcome on Thursday to guidance by the United States meaning that EU companies could partially benefit from the U.S....urn:store:2:news:blog:39752https://hotcoinmarket.com/wall-street-surges-in-dip-buying-rally-oil-fallsWall Street surges in dip-buying rally, oil fallsBy Stephen Culp NEW YORK (Reuters) - U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently battered mega-cap growth stocks, while crude oil prices...urn:store:2:news:blog:39751https://hotcoinmarket.com/wall-st-ends-firmer-growth-stocks-lead-in-thin-tradingWall St ends firmer, growth stocks lead in thin tradingBy Echo Wang (Reuters) - Wall Street's main indexes closed higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's...urn:store:2:news:blog:39750https://hotcoinmarket.com/analysis-is-the-party-over-mexicos-peso-could-lose-solid-gains-in-2023Analysis-Is the party over? Mexico's peso could lose solid gains in 2023By Noe Torres MEXICO CITY (Reuters) - Mexico's peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an...urn:store:2:news:blog:39749https://hotcoinmarket.com/wall-st-closes-higher-growth-stocks-lead-in-thin-tradingWall St closes higher, growth stocks lead in thin tradingBy Echo Wang (Reuters) - Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's...urn:store:2:news:blog:39748https://hotcoinmarket.com/wall-st-gains-with-tech-stocks-leading-the-wayWall St gains with tech stocks leading the wayBy Echo Wang (Reuters) - Wall Street's main indexes rose on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest-rate...urn:store:2:news:blog:39747https://hotcoinmarket.com/wall-street-jumps-in-dip-buying-rally-oil-slidesWall Street jumps in dip-buying rally, oil slidesBy Stephen Culp NEW YORK (Reuters) - U.S. stocks moved sharply higher on Thursday, powered by a rebound in mega-cap growth stocks, while crude oil prices moved lower as a surge of...urn:store:2:news:blog:39746https://hotcoinmarket.com/white-house-lawyer-snubs-republican-request-for-documents-for-nowWhite House lawyer snubs Republican request for documents for nowBy Trevor Hunnicutt WASHINGTON (Reuters) - The White House on Thursday told Republicans hoping to investigate President Joe Biden that their requests for information for probes,...urn:store:2:news:blog:39745https://hotcoinmarket.com/wall-st-gains-as-jobless-claims-data-eases-rate-hike-worriesWall St gains as jobless claims data eases rate-hike worriesBy Ankika Biswas and Amruta Khandekar (Reuters) -Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling U.S....urn:store:2:news:blog:39743https://hotcoinmarket.com/european-shares-rise-chinas-covid-surge-quells-risk-appetiteEuropean shares rise; China's COVID surge quells risk appetiteBy Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) - European shares closed higher on Thursday, with technology stocks leading gains, buoyed by Wall Street cheer after U.S....urn:store:2:news:blog:39744https://hotcoinmarket.com/jobless-benefits-rolls-grow-but-us-labor-market-remains-resilientJobless benefits rolls grow but U.S. labor market remains resilientBy Dan Burns (Reuters) -The number of Americans filing new claims for unemployment benefits edged higher last week and a week earlier the total number on jobless assistance...urn:store:2:news:blog:39742https://hotcoinmarket.com/european-shares-slip-as-chinas-covid-surge-quells-risk-appetiteEuropean shares slip as China's COVID surge quells risk appetiteBy Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed higher on Thursday, with technology stocks leading gains, buoyed by Wall Street cheer after U.S....urn:store:2:news:blog:39741https://hotcoinmarket.com/italys-meloni-takes-issue-with-ecb-euro-zones-bailout-fundItaly's Meloni takes issue with ECB, euro zone's bailout fundBy Gavin Jones and Angelo Amante ROME (Reuters) - Italian Prime Minister Giorgia Meloni took aim at the EU's financial institutions on Thursday, telling the European Central Bank...urn:store:2:news:blog:39739https://hotcoinmarket.com/peru-launches-16-billion-economic-recovery-plan-after-protestsPeru launches $1.6 billion economic recovery plan after protestsBy Marion Giraldo and Kylie Madry (Reuters) -Peru's finance minister on Thursday announced a $1.55 billion plan to revive the economy, impacted by weeks of protests that have...urn:store:2:news:blog:39740https://hotcoinmarket.com/wall-street-surges-in-bargain-hunting-rally-oil-slidesWall Street surges in bargain-hunting rally, oil slidesBy Stephen Culp NEW YORK (Reuters) -U.S. stocks moved sharply higher on Thursday, powered by a rebound in mega-cap growth stocks, while crude oil prices and the dollar slid as a...urn:store:2:news:blog:39738https://hotcoinmarket.com/wall-st-gains-as-jobless-claims-data-eases-rate-worriesWall St gains as jobless claims data eases rate worriesBy Ankika Biswas and Amruta Khandekar (Reuters) - Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling labor...urn:store:2:news:blog:39737https://hotcoinmarket.com/peru-announces-16-billion-economic-reactivation-plan-after-protestsPeru announces $1.6 billion economic reactivation plan after protests(Reuters) - Peru will launch an economic reactivation plan at the cost of some 5.9 billion soles ($1.55 billion) after weeks of protests following the ouster of former President...urn:store:2:news:blog:39736https://hotcoinmarket.com/wall-st-opens-higher-as-jobless-claims-data-calm-rate-hike-jittersWall St opens higher as jobless claims data calm rate hike jitters(Reuters) - Wall Street's main indexes opened higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S....urn:store:2:news:blog:39734https://hotcoinmarket.com/wall-st-set-to-open-higher-as-jobless-claims-data-calm-rate-hike-worriesWall St set to open higher as jobless claims data calm rate hike worriesBy Ankika Biswas and Amruta Khandekar (Reuters) -Wall Street's main indexes were set to open higher on Thursday as data pointing to signs of a cooling labor market eased worries...urn:store:2:news:blog:39733https://hotcoinmarket.com/us-weekly-jobless-claims-ticked-higher-last-weekU.S. weekly jobless claims ticked higher last week(Reuters) - The number of Americans filing new claims for unemployment benefits edged higher last week but remain in a range indicating the U.S. job market remains tight, even as...urn:store:2:news:blog:39731https://hotcoinmarket.com/european-stocks-mixed-in-choppy-markets-wall-street-futures-upEuropean stocks mixed in 'choppy' markets, Wall Street futures upBy Elizabeth Howcroft LONDON (Reuters) -European stock indexes were mixed on Thursday as global recession fears weighed on markets and soaring COVID-19 cases in China countered...urn:store:2:news:blog:39728https://hotcoinmarket.com/futures-rise-ahead-of-jobless-claims-data-tesla-jumpsFutures rise ahead of jobless claims data, Tesla jumps(Reuters) - U.S. stock index futures gained on Thursday ahead of labor market data that will give clues on future interest rate hikes, while Tesla (NASDAQ:TSLA) extended gains...urn:store:2:news:blog:39726https://hotcoinmarket.com/italys-parliament-gives-final-approval-to-governments-2023-budgetItaly's parliament gives final approval to government's 2023 budgetROME (Reuters) - The Italian government on Thursday comfortably won a vote of confidence in the Senate over its expansionary 2023 budget, obtaining parliament's final approval of...urn:store:2:news:blog:39723https://hotcoinmarket.com/european-stocks-mixed-in-choppy-markets-china-covid-fears-weighEuropean stocks mixed in 'choppy' markets, China COVID fears weighBy Elizabeth Howcroft LONDON (Reuters) - European stock indexes were mixed in early trading on Thursday as global recession fears weighed on markets and soaring COVID-19 cases in...urn:store:2:news:blog:39721https://hotcoinmarket.com/rouble-recovers-after-hitting-8-month-low-vs-dollar-on-sanctions-fearsRouble recovers after hitting 8-month low vs dollar on sanctions fearsBy Alexander Marrow MOSCOW (Reuters) - The Russian rouble pared losses to gain on Thursday after slumping to an eight-month low against the dollar in early trade, struggling under...urn:store:2:news:blog:39722https://hotcoinmarket.com/european-shares-slip-as-covid-surge-in-china-sours-risk-appetiteEuropean shares slip as COVID surge in China sours risk appetiteBy Bansari Mayur Kamdar (Reuters) -European shares inched lower on Thursday, in their penultimate session of 2022, as soaring COVID cases in China dampened risk appetite across...urn:store:2:news:blog:39720https://hotcoinmarket.com/euro-zone-business-lending-growth-slows-sharply-in-novemberEuro zone business lending growth slows sharply in NovemberFRANKFURT (Reuters) - Bank lending to euro zone companies slowed in November, easing back from the sector's biggest borrowing binge in over a decade as rising interest rates and a...urn:store:2:news:blog:39716https://hotcoinmarket.com/european-shares-slip-as-covid-surge-in-china-weighsEuropean shares slip as COVID surge in China weighs(Reuters) - European shares slipped on Thursday in thin holiday trading, as the market neared the end of a rough year where it struggled with geopolitical tensions and growing...urn:store:2:news:blog:39717https://hotcoinmarket.com/german-exporters-prepare-for-a-challenging-2023German exporters prepare for a challenging 2023BERLIN (Reuters) - German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices...urn:store:2:news:blog:39718https://hotcoinmarket.com/china-to-adjust-trade-tariffs-on-some-goods-from-jan-1China to adjust trade tariffs on some goods from Jan 1BEIJING (Reuters) - China will adjust import and export tariffs on some goods from January 1, in order to speed and promote development and expand domestic demand, the finance...urn:store:2:news:blog:39715https://hotcoinmarket.com/most-major-gulf-markets-drop-as-china-covid-surge-sours-sentimentMost major Gulf markets drop as China COVID surge sours sentiment(Reuters) - Most major stock markets in the Gulf fell in early trade on Thursday as soaring COVID cases in China unsettled investors and cast doubt over chances of a swift...urn:store:2:news:blog:39712https://hotcoinmarket.com/china-to-import-44-foreign-video-games-grants-multiple-licences-to-tencentChina to import 44 foreign video games, grants multiple licences to TencentBy Josh Ye HONG KONG (Reuters) -China's video game regulator granted publishing licences to 44 foreign games for domestic release,including seven from South Korea, further lifting...urn:store:2:news:blog:39713https://hotcoinmarket.com/rouble-sinks-to-8-month-low-vs-dollar-as-sanctions-fears-weighRouble sinks to 8-month low vs dollar as sanctions fears weighMOSCOW (Reuters) -The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and...urn:store:2:news:blog:39710https://hotcoinmarket.com/russian-rouble-sinks-to-8-month-low-vs-dollarRussian rouble sinks to 8-month low vs dollarMOSCOW (Reuters) - The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and...urn:store:2:news:blog:39708https://hotcoinmarket.com/asian-shares-slip-as-covid-surge-in-china-makes-investors-uneasyAsian shares slip as COVID surge in China makes investors uneasyBy Ankur Banerjee SINGAPORE (Reuters) - Asian equities weakened slightly on Thursday as soaring COVID cases in China unsettled investors and cast doubt over chances of a swift...urn:store:2:news:blog:39707https://hotcoinmarket.com/malaysia-to-unveil-new-2023-budget-on-feb-24Malaysia to unveil new 2023 budget on Feb 24KUALA LUMPUR (Reuters) - Malaysia's new government will present its budget for 2023 on February 24, according to a schedule published on the parliament's website. The previous...urn:store:2:news:blog:39706https://hotcoinmarket.com/analysis-chinas-services-sector-eyes-recovery-after-reopening-but-challenges-loomAnalysis-China's services sector eyes recovery after reopening, but challenges loomBy Joe Cash and Engen Tham BEIJING/SHANGHAI (Reuters) - Jordan Li, a restaurant owner in the southwestern Chinese city of Chengdu, hopes desperately that next month's Lunar New...urn:store:2:news:blog:39703https://hotcoinmarket.com/analysis-modis-popularity-key-to-selling-cut-in-food-aid-ahead-of-indian-electionsAnalysis-Modi's popularity key to selling cut in food aid ahead of Indian electionsBy Aftab Ahmed and Krishn Kaushik NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi's move to effectively halve food rations to the poor ahead of state polls next year and...urn:store:2:news:blog:39699https://hotcoinmarket.com/chinas-overnight-repo-rate-falls-to-new-lowChina's overnight repo rate falls to new lowSHANGHAI (Reuters) - China's overnight repo rate extended losses to a new low on Thursday, as the central bank continued to offer cash support to help financial institutions tide...urn:store:2:news:blog:39694https://hotcoinmarket.com/ex-boj-deputy-yamaguchi-emerging-as-next-central-bank-head-contender-sankeiEx-BOJ deputy Yamaguchi emerging as next central bank head contender -SankeiTOKYO (Reuters) - Former Bank of Japan Deputy Governor Hirohide Yamaguchi, a vocal critic of Governor Haruhiko Kuroda's stimulus programme, is emerging as a strong candidate to...urn:store:2:news:blog:39695https://hotcoinmarket.com/asian-shares-skid-as-covid-surge-in-china-unsettles-investorsAsian shares skid as COVID surge in China unsettles investorsBy Ankur Banerjee SINGAPORE (Reuters) - Asian share markets fell along with oil prices on Thursday as soaring COVID cases in China unsettled investors who have been expecting the...urn:store:2:news:blog:39689https://hotcoinmarket.com/philippine-central-bank-sees-dec-annual-inflation-at-78-to-86Philippine central bank sees Dec annual inflation at 7.8% to 8.6%MANILA (Reuters) - Philippine inflation was likely within the 7.8% to 8.6% range in December because of upward pressures from higher electricity rates and agricultural...urn:store:2:news:blog:39690https://hotcoinmarket.com/china-to-import-45-foreign-video-games-grants-multiple-licences-to-tencentChina to import 45 foreign video games, grants multiple licences to TencentBy Josh Ye BEIJING (Reuters) -China's video games regulator granted ublishing licences to 45 foreign games for release in the country,including seven South Korean games, further...urn:store:2:news:blog:39687https://hotcoinmarket.com/novartis-to-pay-245-million-to-end-antitrust-cases-over-exforge-drug-genericsNovartis to pay $245 million to end antitrust cases over Exforge drug genericsBy Jonathan Stempel NEW YORK (Reuters) -Novartis AG said on Wednesday it will pay $245 million to end antitrust litigation accusing the Swiss drugmaker of trying to delay the...urn:store:2:news:blog:39684https://hotcoinmarket.com/tesla-shares-record-rare-jump-this-month-on-the-way-to-worst-yearTesla shares record rare jump this month on the way to worst year(Reuters) - Shares of Tesla (NASDAQ:TSLA) Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle...urn:store:2:news:blog:39683https://hotcoinmarket.com/us-stocks-drop-on-recession-fears-nasdaq-closes-at-new-bear-market-lowU.S. stocks drop on recession fears, Nasdaq closes at new bear market lowBy Echo Wang (Reuters) - Wall Street's main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising...urn:store:2:news:blog:39682https://hotcoinmarket.com/us-stocks-end-lower-on-mixed-economic-data-recession-fearsU.S. stocks end lower on mixed economic data, recession fearsBy Echo Wang (Reuters) - Wall Street's main indexes closed lower on Wednesday, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical...urn:store:2:news:blog:39680https://hotcoinmarket.com/us-stocks-fall-on-recession-fears-weak-oil-pricesU.S. stocks fall on recession fears, weak oil pricesBy Echo Wang (Reuters) - Wall Street's main indexes fell on Wednesday, giving up modest initial gains, on growing concern about a recession in 2023 and surging COVID-19 cases in...urn:store:2:news:blog:39681https://hotcoinmarket.com/dollar-hits-one-week-high-vs-yen-amid-reset-in-investor-expectationsDollar hits one-week high vs yen amid reset in investor expectationsBy Hannah Lang WASHINGTON (Reuters) - The dollar touched a one-week high against the yen on Wednesday, boosted by a jump in Treasury yields and investor expectations for a rebound...urn:store:2:news:blog:39679https://hotcoinmarket.com/wall-st-reverses-gains-as-energy-growth-shares-dragWall St reverses gains as energy, growth shares dragBy Amruta Khandekar and Ankika Biswas (Reuters) -Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields pressured growth stocks, while the energy sector...urn:store:2:news:blog:39677https://hotcoinmarket.com/exxon-sues-eu-in-move-to-block-new-windfall-tax-on-oil-companiesExxon sues EU in move to block new windfall tax on oil companiesBy Sabrina Valle (Reuters) -U.S. oil major Exxon Mobil Corp (NYSE:XOM) is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups,...urn:store:2:news:blog:39676https://hotcoinmarket.com/dollar-hits-one-week-high-vs-yen-drops-against-pound-as-uk-markets-reopenDollar hits one-week high vs yen, drops against pound as UK markets reopenBy Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) - The dollar touched a one-week high against the yen on Wednesday, boosted by a jump in Treasury yields and investor...urn:store:2:news:blog:39675https://hotcoinmarket.com/wall-st-rises-on-boost-from-growth-stocks-china-reopeningWall St rises on boost from growth stocks, China reopeningBy Amruta Khandekar and Ankika Biswas (Reuters) - Wall Street's main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with...urn:store:2:news:blog:39673https://hotcoinmarket.com/wall-st-opens-subdued-as-investors-digest-china-reopeningWall St opens subdued as investors digest China reopening(Reuters) - Wall Street's main indexes opened muted on Wednesday as optimism around unwinding of pandemic restrictions by China was offset by worries about rising COVID cases in...urn:store:2:news:blog:39674https://hotcoinmarket.com/us-pending-home-sales-sag-more-than-expected-in-novemberU.S. pending home sales sag more than expected in November(Reuters) - Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the...urn:store:2:news:blog:39671https://hotcoinmarket.com/wall-st-eyes-higher-open-as-investors-digest-china-reopeningWall St eyes higher open as investors digest China reopeningBy Amruta Khandekar and Ankika Biswas (Reuters) -Wall Street's main indexes were set to open higher on Wednesday on optimism around the unwinding of pandemic restrictions by...urn:store:2:news:blog:39669https://hotcoinmarket.com/russian-rouble-slumps-again-as-volatile-year-end-trade-continuesRussian rouble slumps again as volatile year-end trade continuesBy Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as sanctions on Russian oil and their probable impact on...urn:store:2:news:blog:39670https://hotcoinmarket.com/dollar-touches-one-week-high-vs-yen-dips-against-sterlingDollar touches one-week high vs yen, dips against sterlingBy Amanda Cooper LONDON (Reuters) -The dollar touched a one-week high against the yen on Wednesday, boosted by a jump in Treasury yields and investor expectations for a rebound in...urn:store:2:news:blog:39668https://hotcoinmarket.com/futures-edge-higher-as-investors-assess-china-reopeningFutures edge higher as investors assess China reopening(Reuters) - U.S. stock index futures edged higher on Wednesday as investors weighed the unwinding of pandemic restrictions by China against surging COVID cases in the world's...urn:store:2:news:blog:39667https://hotcoinmarket.com/tsx-futures-edge-higher-as-investors-eye-china-reopeningTSX futures edge higher as investors eye China reopening(Reuters) - Futures for Canada's main stock index edged up on Wednesday as investors returned from a long holiday weekend to global optimism over China moving towards reopening...urn:store:2:news:blog:39665https://hotcoinmarket.com/dollar-touches-one-week-high-vs-yen-thanks-to-rise-in-bond-yieldsDollar touches one-week high vs yen thanks to rise in bond yieldsBy Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) - The dollar touched its highest in over a week against the yen on Wednesday, boosted by a jump in Treasury yields and...urn:store:2:news:blog:39660https://hotcoinmarket.com/ryanair-wizz-air-and-easyjet-face-italy-inquiry-over-sicily-flight-pricesRyanair, Wizz Air and easyJet face Italy inquiry over Sicily flight pricesROME (Reuters) -Italy's antitrust regulator said on Tuesday it opened an inquiry into possible price-fixing for flights in and out of Sicily by airlines including Ryanair, Wizz...urn:store:2:news:blog:39661https://hotcoinmarket.com/academic-close-to-japans-kuroda-says-boj-moving-towards-policy-normalisationAcademic close to Japan's Kuroda says BOJ moving towards policy normalisationTOKYO (Reuters) - The Bank of Japan's decision to raise its bond-yield ceiling could be the first step toward normalising ultra-easy policy, Takatoshi Ito, a Columbia University...urn:store:2:news:blog:39658https://hotcoinmarket.com/russian-rouble-slips-again-as-volatile-year-end-trade-continuesRussian rouble slips again as volatile year-end trade continuesMOSCOW (Reuters) - The rouble weakened on Wednesday, sliding past the 71 mark against the dollar, as sanctions on Russian oil and their probable impact on export revenues put...urn:store:2:news:blog:39654https://hotcoinmarket.com/what-investors-watch-out-for-in-emerging-markets-in-2023What investors watch out for in emerging markets in 2023By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) - It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies...urn:store:2:news:blog:39651https://hotcoinmarket.com/south-korea-dec-exports-to-fall-for-third-month-as-china-demand-still-weak-reuters-pollSouth Korea Dec exports to fall for third month as China demand still weak- Reuters pollBy Jihoon Lee SEOUL (Reuters) - South Korea's exports likely extended their falling streak to a third straight month in December, a Reuters poll showed on Wednesday, with demand...urn:store:2:news:blog:39652https://hotcoinmarket.com/dollar-climbs-to-one-week-high-vs-yen-amid-spike-in-treasury-yieldsDollar climbs to one-week high vs yen amid spike in Treasury yieldsBy Kevin Buckland TOKYO (Reuters) - The dollar climbed to a more than one-week high versus the yen on Wednesday, buoyed by higher Treasury yields amid hopes for a strong rebound...urn:store:2:news:blog:39650https://hotcoinmarket.com/japan-to-make-raising-wages-a-top-priority-says-senior-govt-officialJapan to make raising wages a top priority, says senior govt officialBy Leika Kihara TOKYO (Reuters) - Japan's government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on...urn:store:2:news:blog:39649https://hotcoinmarket.com/hong-kong-november-home-prices-ease-to-more-than-5-yr-lowHong Kong November home prices ease to more than 5-yr lowHONG KONG (Reuters) - Hong Kong private home prices dropped 3.3% in November to the lowest since August 2017, official data showed on Wednesday, as its housing market - one of the...urn:store:2:news:blog:39647https://hotcoinmarket.com/dollar-edges-to-one-week-high-vs-yen-amid-spike-in-treasury-yieldsDollar edges to one-week high vs yen amid spike in Treasury yieldsBy Kevin Buckland TOKYO (Reuters) - The dollar edged higher against its major peers on Wednesday, reaching a more than one-week top versus the yen, buoyed by higher Treasury...urn:store:2:news:blog:39641https://hotcoinmarket.com/japan-nov-factory-output-falls-on-weakening-global-demandJapan Nov factory output falls on weakening global demandBy Kantaro Komiya TOKYO (Reuters) -Japanese factories slashed output for a third consecutive month in November, dragged down by weak demand for machinery products amid a...urn:store:2:news:blog:39642https://hotcoinmarket.com/boj-debated-rising-wages-fading-deflation-risks-at-dec-meetingBOJ debated rising wages, fading deflation risks at Dec meetingBy Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) policymakers saw the need to keep ultra-low interest rates but discussed growing prospects that higher wages could finally...urn:store:2:news:blog:39640https://hotcoinmarket.com/boj-debated-chance-of-higher-wages-inflation-dec-meeting-summaryBOJ debated chance of higher wages, inflation - Dec meeting summaryTOKYO (Reuters) - Bank of Japan (BOJ) policymakers discussed growing prospects the country could see higher wage growth and sustained inflation next year, a summary of opinions at...urn:store:2:news:blog:39636https://hotcoinmarket.com/wall-st-stocks-fall-bond-yields-rise-as-china-drops-quarantine-ruleWall St stocks fall, bond yields rise as China drops quarantine ruleBy Sinéad Carew NEW YORK (Reuters) - The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic data at the start of a holiday-shortened week while bond...urn:store:2:news:blog:39635https://hotcoinmarket.com/bloomberg-has-no-interest-in-acquiring-dow-jones-or-washington-post-spokesman-says-2Bloomberg has no interest in acquiring Dow Jones or Washington Post, spokesman says(Reuters) -Bloomberg L.P. has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg L.P. spokesman said in a tweet. "There have been no conversations with...urn:store:2:news:blog:39634https://hotcoinmarket.com/sp-500-nasdaq-close-lower-weighed-by-growth-stocksS&P 500, Nasdaq close lower, weighed by growth stocksBy Stephen Culp NEW YORK (Reuters) - Wall Street ended lower at the beginning of a holiday-shortened week on Tuesday, as rising U.S. Treasury yields pressured interest rate...urn:store:2:news:blog:39633https://hotcoinmarket.com/wall-street-dips-as-growth-stocks-drag-on-sp-500-nasdaqWall Street dips as growth stocks drag on S&P 500, NasdaqBy Stephen Culp NEW YORK (Reuters) - Wall Street was mostly lower at the beginning of a holiday- shortened week on Tuesday as investors weighed the likelihood of protracted...urn:store:2:news:blog:39632https://hotcoinmarket.com/tesla-megacap-growth-stocks-pull-nasdaq-lower-dow-risesTesla, megacap growth stocks pull Nasdaq lower; Dow risesBy Amruta Khandekar and Ankika Biswas (Reuters) -The tech-heavy Nasdaq came under pressure on Tuesday following declines in some megacap growth stocks and Tesla (NASDAQ:TSLA),...urn:store:2:news:blog:39629https://hotcoinmarket.com/european-shares-end-higher-on-china-recovery-optimismEuropean shares end higher on China recovery optimismBy Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-19 curbs more raised hopes of a recovery in...urn:store:2:news:blog:39630https://hotcoinmarket.com/wall-st-stocks-fall-oil-rises-as-china-drops-quarantine-ruleWall St stocks fall, oil rises as China drops quarantine ruleBy Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) - Wall Street's benchmark S&P 500 and the Nasdaq fell on Tuesday after the release of U.S. economic data, while oil...urn:store:2:news:blog:39631https://hotcoinmarket.com/double-digit-us-home-price-growth-streak-skids-to-an-endDouble-digit U.S. home price growth streak skids to an end(Reuters) - Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates...urn:store:2:news:blog:39626https://hotcoinmarket.com/russian-rouble-slumps-around-3-vs-dollar-as-sanctions-weighRussian rouble slumps around 3% vs dollar as sanctions weighBy Alexander Marrow MOSCOW (Reuters) -The rouble dived around 3% against the dollar on Tuesday, failing to consolidate a recovery from last week's slide as the market comes to...urn:store:2:news:blog:39627https://hotcoinmarket.com/sp-500-nasdaq-knocked-down-by-tesla-megacap-stocksS&P 500, Nasdaq knocked down by Tesla, megacap stocksBy Amruta Khandekar and Ankika Biswas (Reuters) - The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla (NASDAQ:TSLA), with...urn:store:2:news:blog:39625https://hotcoinmarket.com/goldman-sachs-believes-us-will-avoid-recession-progress-toward-a-soft-landingGoldman Sachs believes U.S. will avoid recession, progress toward a soft landingBy Sam Boughedda In a note to clients Tuesday, Goldman Sachs analysts said that the firm's most out-of-consensus forecast for 2023 is its call that the U.S. will avoid a recession...urn:store:2:news:blog:39624https://hotcoinmarket.com/dow-opens-higher-on-easing-china-covid-curbs-tesla-weighs-on-nasdaqDow opens higher on easing China COVID curbs; Tesla weighs on Nasdaq(Reuters) - The Dow Jones opened higher on Tuesday after China further relaxed its COVID-19 curbs by scrapping the quarantine rule for inbound travelers, while a drop in Tesla...urn:store:2:news:blog:39621https://hotcoinmarket.com/spain-announces-106-billion-package-to-ease-inflation-painSpain announces $10.6 billion package to ease inflation painMADRID (Reuters) -Spain on Tuesday announced 10 billion euros ($10.65 billion) worth of measures to ease the pain of inflation in the third major package this year, bringing total...urn:store:2:news:blog:39622https://hotcoinmarket.com/wall-st-set-to-open-higher-after-china-relaxes-covid-curbsWall St set to open higher after China relaxes COVID curbsBy Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stock indexes were set to open higher on Tuesday after China further relaxed its COVID-19 curbs by scrapping quarantine rule...urn:store:2:news:blog:39617https://hotcoinmarket.com/futures-climb-as-china-eases-covid-curbsFutures climb as China eases COVID curbs(Reuters) - U.S. stock index futures rose on Tuesday after China further relaxed its COVID-19 curbs, fuelling hopes of a recovery in the world's second largest economy. China...urn:store:2:news:blog:39616https://hotcoinmarket.com/thai-economy-may-hit-2023-growth-goal-if-chinese-tourists-come-finance-ministerThai economy may hit 2023 growth goal if Chinese tourists come- Finance MinisterBy Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's economy may accelerate next year and hit the 3.8% growth forecast provided its vital tourism sector will...urn:store:2:news:blog:39614https://hotcoinmarket.com/latam-ma-expected-to-recover-in-2023-ipos-may-take-longerLatam M&A expected to recover in 2023, IPOs may take longerBy Tatiana Bautzer SAO PAULO (Reuters) - After a sharp drop in Latin American deals in 2022, bankers expect a slow recovery next year, led by M&A. IPOs may take longer to resume,...urn:store:2:news:blog:39613https://hotcoinmarket.com/japans-nakao-sees-smoother-path-for-kurodas-successor-with-boj-policy-shiftJapan's Nakao sees smoother path for Kuroda's successor with BOJ policy shiftBy Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -The Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional monetary...urn:store:2:news:blog:39612https://hotcoinmarket.com/stocks-and-commodities-jump-as-china-drops-quarantine-ruleStocks and commodities jump as China drops quarantine ruleBy Nell Mackenzie LONDON (Reuters) - Stock markets gained on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travellers - a major step in...urn:store:2:news:blog:39611https://hotcoinmarket.com/european-shares-gain-on-china-recovery-optimismEuropean shares gain on China recovery optimismBy Bansari Mayur Kamdar (Reuters) -European shares climbed on Tuesday, tracking a global rally in equities after China further relaxed its COVID-19 curbs, raising hopes of a...urn:store:2:news:blog:39610https://hotcoinmarket.com/thailand-to-keep-budget-deficit-not-over-3-of-gdp-for-2024-fiscal-yr-finance-ministerThailand to keep budget deficit not over 3% of GDP for 2024 fiscal yr - Finance MinisterBANGKOK (Reuters) - Thailand's government is planning to keep its budget deficit to no more than 3% of gross domestic product in the 2024 fiscal year, the finance minister said on...urn:store:2:news:blog:39606https://hotcoinmarket.com/thailand-plans-budget-deficit-not-over-3-of-gdp-for-2024-fiscal-yr-finance-ministerThailand plans budget deficit not over 3% of GDP for 2024 fiscal yr - Finance MinisterBANGKOK (Reuters) - Thailand's government is planning to keep its budget deficit to no more than 3% of gross domestic product in the 2024 fiscal year, the finance minister said on...urn:store:2:news:blog:39605https://hotcoinmarket.com/thailand-to-keep-budget-deficit-not-over-3-of-gdp-for-2023-fiscal-yr-finance-ministerThailand to keep budget deficit not over 3% of GDP for 2023 fiscal yr - Finance MinisterBANGKOK (Reuters) - Thailand's government is planning to keep its budget deficit to no more than 3% of gross domestic product in the 2023 fiscal year, the finance minister said on...urn:store:2:news:blog:39604https://hotcoinmarket.com/european-shares-rise-on-china-optimismEuropean shares rise on China optimismBy Bansari Mayur Kamdar (Reuters) - European shares climbed on Tuesday, tracking a global rally in equities after China further relaxed its COVID-19 curbs, raising hopes of a...urn:store:2:news:blog:39603https://hotcoinmarket.com/japan-ex-top-finance-official-nakao-says-boj-adjustments-will-smooth-change-of-governorJapan ex-top finance official Nakao says BOJ adjustments will smooth change of governorBy Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) - The Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional...urn:store:2:news:blog:39601https://hotcoinmarket.com/russian-rouble-falls-to-70-vs-dollar-as-sanctions-weighRussian rouble falls to 70 vs dollar as sanctions weighMOSCOW (Reuters) - The Russian rouble weakened on Tuesday, struggling to consolidate a slight recovery from last week's slide as the market comes to terms with the prospect of...urn:store:2:news:blog:39595https://hotcoinmarket.com/analysis-woods-ark-slammed-by-higher-interest-rates-in-2022-along-with-other-growth-fundsAnalysis-Wood’s ARK slammed by higher interest rates in 2022 along with other growth fundsBy David Randall NEW YORK (Reuters) - Cathie Wood’s ARK Innovation Fund, which more than doubled during the pandemic rally, is on pace to finish near the very bottom of all U.S....urn:store:2:news:blog:39592https://hotcoinmarket.com/thailand-keeps-inflation-target-of-1-3-for-next-yearThailand keeps inflation target of 1-3% for next yearBANGKOK (Reuters) - Thailand's cabinet on Tuesday approved the central bank's headline inflation target of 1% to 3% for 2023, unchanged from this year, government spokesperson...urn:store:2:news:blog:39585https://hotcoinmarket.com/biden-approves-us-emergency-relief-for-new-york-after-blizzardBiden approves U.S. emergency relief for New York after blizzardWASHINGTON (Reuters) - U.S. President Joe Biden authorized federal support for New York state on Monday after a severe winter storm left at least 27 people dead in the Buffalo...urn:store:2:news:blog:39586https://hotcoinmarket.com/stocks-advance-us-dollar-retreats-as-china-drops-quarantine-ruleStocks advance, U.S. dollar retreats as China drops quarantine ruleBy Xie Yu HONG KONG (Reuters) - Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop its quarantine requirements for inbound visitors,...urn:store:2:news:blog:39576https://hotcoinmarket.com/japan-retail-sales-up-for-9th-month-led-by-tourism-helpJapan retail sales up for 9th month led by tourism helpBy Yoshifumi Takemoto and Kentaro Sugiyama TOKYO (Reuters) - Japanese retail sales rose for a ninth straight month in November, data showed on Tuesday, as the lifting of COVID-19...urn:store:2:news:blog:39575https://hotcoinmarket.com/once-in-a-lifetime-blizzard-kills-at-least-27-in-western-new-york'Once-in-a-lifetime' blizzard kills at least 27 in western New YorkBy Brendan McDermid and Gabriella Borter BUFFALO, N.Y. (Reuters) -A blizzard that paralyzed western New York over the Christmas weekend has killed more than two dozen people,...urn:store:2:news:blog:39573https://hotcoinmarket.com/south-korean-inflation-expectations-hit-7-month-lowSouth Korean inflation expectations hit 7-month lowSEOUL (Reuters) - A major measure of the inflation expectations of South Korean consumers hit a seven-month low in December, underscoring the market's view that the Bank of...urn:store:2:news:blog:39574https://hotcoinmarket.com/russia-could-hike-rates-in-2023-if-inflation-risks-have-big-impact-cenbankRussia could hike rates in 2023 if inflation risks have big impact -cenbankMOSCOW (Reuters) - The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and import restrictions have a meaningful impact, Deputy...urn:store:2:news:blog:39572https://hotcoinmarket.com/at-least-25-dead-in-western-new-york-after-worst-blizzard-in-decadesAt least 25 dead in western New York after worst blizzard in decadesBy Gabriella Borter (Reuters) -A powerful blizzard that paralyzed western New York over the Christmas weekend has killed at least 25 people, local officials said on Monday, as...urn:store:2:news:blog:39571https://hotcoinmarket.com/brazils-record-2023-bond-bill-underscores-rising-debt-burdenBrazil's record 2023 bond bill underscores rising debt burdenBy Marcela Ayres BRASILIA (Reuters) - Brazil's sovereign floating rate bond redemptions will hit a record high next year, underscoring the fiscal challenge facing President-elect...urn:store:2:news:blog:39570https://hotcoinmarket.com/peloton-to-offer-refurbished-bikes-at-discounted-pricesPeloton to offer refurbished bikes at discounted prices(Reuters) - Peloton Interactive (NASDAQ:PTON) Inc is offering refurbished bikes across the continental U.S. and Canada at a discount of up to $500 over new bikes, the company said...urn:store:2:news:blog:39568https://hotcoinmarket.com/tunisia-union-threatens-to-occupy-the-streets-rejects-2023-budgetTunisia union threatens to 'occupy the streets,' rejects 2023 budgetBy Tarek Amara TUNIS (Reuters) - Tunisia's powerful UGTT union will hold mass protests and "occupy the streets" soon to show its rejection of next year's austerity budget, the...urn:store:2:news:blog:39569https://hotcoinmarket.com/elon-musk-says-around-100-starlinks-now-active-in-iranElon Musk says around 100 Starlinks now active in Iran(Reuters) - SpaceX Chief Executive Elon Musk said on Monday that the company is now close to having 100 active Starlinks, the firm's satellite internet service, in Iran, three...urn:store:2:news:blog:39565https://hotcoinmarket.com/death-toll-climbs-to-25-in-western-new-yorks-worst-blizzard-in-decadesDeath toll climbs to 25 in western New York's worst blizzard in decadesBy Gabriella Borter (Reuters) -A powerful blizzard that paralyzed western New York over Christmas weekend has killed at least 25 people, Erie county officials said on Monday, as...urn:store:2:news:blog:39564https://hotcoinmarket.com/buffalo-ny-death-toll-hits-25-from-regions-worst-blizzard-in-decadesBuffalo, N.Y. death toll hits 25 from region's worst blizzard in decadesBy Gabriella Borter (Reuters) - A powerful blizzard that paralyzed western New York over Christmas weekend has killed at least 25 people, Erie county officials said on Monday, as...urn:store:2:news:blog:39563https://hotcoinmarket.com/sanctions-forcing-russias-sberbank-to-close-uae-office-company-saysSanctions forcing Russia's Sberbank to close UAE office, company saysBy Alexander Marrow MOSCOW (Reuters) -Russia's dominant lender Sberbank will be forced to close its office in the United Arab Emirates (UAE) early next year, First Deputy Chairman...urn:store:2:news:blog:39558https://hotcoinmarket.com/blizzard-kills-13-in-buffalo-ny-area-as-christmas-day-freeze-grips-usBlizzard kills 13 in Buffalo, N.Y., area as Christmas Day freeze grips U.SBy Gabriella Borter and Ahmed Aboulenein (Reuters) - A lethal blizzard paralyzed Buffalo, New York, on Christmas Day, trapping motorists and rescue workers in their vehicles,...urn:store:2:news:blog:39557https://hotcoinmarket.com/deadly-blizzard-deemed-worst-in-45-years-paralyzes-greater-buffalo-nyDeadly blizzard, deemed worst in 45 years, paralyzes greater Buffalo, N.YBy Gabriella Borter (Reuters) - Road and utility crews faced the task on Monday of digging out and restoring some normalcy around Buffalo, New York, where a blizzard considered...urn:store:2:news:blog:39554https://hotcoinmarket.com/chinese-academic-database-fined-by-antitrust-watchdogChinese academic database fined by antitrust watchdogBEIJING (Reuters) - China's State Administration for Market Regulation (SAMR) has fined China National Knowledge Infrastructure (CNKI) 87.6 million yuan ($12.6 million) for...urn:store:2:news:blog:39552https://hotcoinmarket.com/volatile-rouble-recovers-ground-after-biggest-weekly-slump-since-julyVolatile rouble recovers ground after biggest weekly slump since JulyBy Alexander Marrow MOSCOW (Reuters) - The Russian rouble strengthened sharply in a volatile session on Monday, recovering some ground after its largest weekly slump since early...urn:store:2:news:blog:39551https://hotcoinmarket.com/battery-swapping-spurs-kenyas-electric-motorbike-driveBattery swapping spurs Kenya's electric motorbike driveBy Ayenat Mersie NAIROBI (Reuters) - Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around Kenya's capital Nairobi, allowing...urn:store:2:news:blog:39549https://hotcoinmarket.com/rouble-edges-higher-after-biggest-weekly-slump-since-julyRouble edges higher after biggest weekly slump since JulyMOSCOW (Reuters) - The Russian rouble edged higher against the dollar on Monday, recovering some ground after its largest weekly slump since early July on fears over the impact of...urn:store:2:news:blog:39544https://hotcoinmarket.com/boj-kuroda-dismisses-near-term-chance-of-exiting-easy-policyBOJ Kuroda dismisses near-term chance of exiting easy policyBy Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy but voiced...urn:store:2:news:blog:39543https://hotcoinmarket.com/boj-kuroda-shuns-near-term-chance-of-exit-from-easy-policyBOJ Kuroda shuns near-term chance of exit from easy policyBy Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy but voiced...urn:store:2:news:blog:39542https://hotcoinmarket.com/dutch-governor-knot-signals-ecb-will-keep-raising-rates-in-months-ahead-ftDutch governor Knot signals ECB will keep raising rates in months ahead- FT(Reuters) - Head of Dutch Central Bank Klaas Knot said with five policy meetings between now and July 2023, the ECB would achieve "quite a decent pace of tightening" through half...urn:store:2:news:blog:39541https://hotcoinmarket.com/boj-kuroda-widening-of-yield-band-not-step-towards-easy-policy-exitBOJ Kuroda: Widening of yield band not step towards easy policy exitTOKYO (Reuters) - Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Monday the central bank's decision last week to widen the allowance band around its yield target was...urn:store:2:news:blog:39528https://hotcoinmarket.com/israel-regulator-awards-licence-to-investors-to-set-up-new-digital-bankIsrael regulator awards licence to investors to set up new digital bankJERUSALEM (Reuters) - Israel's banking regulator on Sunday approved a conditional licence and control permit to a group of entrepreneurs to establish a new online bank, the second...urn:store:2:news:blog:39529https://hotcoinmarket.com/factbox-over-half-a-million-without-power-in-united-states-from-winter-storms-2Factbox-Over half a million without power in United States from winter storms(Reuters) - Over 500,000 homes and businesses were without power in the eastern half of the United States and Texas on Saturday as winter storms battered much of the country,...urn:store:2:news:blog:39527https://hotcoinmarket.com/ghana-again-extends-domestic-debt-exchange-registration-deadlineGhana again extends domestic debt exchange registration deadlineBy Cooper Inveen ACCRA (Reuters) - Ghana has further extended the deadline to register for its domestic debt exchange to Jan. 16 in order to "secure internal approvals" from the...urn:store:2:news:blog:39525https://hotcoinmarket.com/german-inflation-to-stay-high-for-two-years-adviserGerman inflation to stay high for two years - adviserBERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and in some cases exaggerate them, the head of the council of...urn:store:2:news:blog:39526https://hotcoinmarket.com/arctic-blast-blizzards-disrupt-us-travel-ahead-of-holidaysArctic blast, blizzards disrupt U.S. travel ahead of holidaysBy Rich McKay and Gabriella Borter (Reuters) -Arctic cold extended its grip over much of the United States on Friday, combining with snow, ice and howling winds from a deadly...urn:store:2:news:blog:39523https://hotcoinmarket.com/us-deep-freeze-leaves-more-than-700000-without-power-thousands-of-flights-canceledU.S. deep freeze leaves more than 700,000 without power, thousands of flights canceledBy Rich McKay (Reuters) - An arctic blast that gripped much of the United States on Saturday left more than 700,000 without power, at least 16 dead from weather-related car...urn:store:2:news:blog:39524https://hotcoinmarket.com/sanctions-to-help-cut-belarus-gdp-by-4-in-2022-says-pm-interfaxSanctions to help cut Belarus GDP by 4% in 2022, says PM - Interfax(Reuters) - The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures, much less than some had forecast, Interfax cited Prime...urn:store:2:news:blog:39519https://hotcoinmarket.com/ecb-must-be-ready-to-take-the-heat-and-raise-rates-more-schnabel-saysECB must be ready to take the heat and raise rates more, Schnabel saysFRANKFURT (Reuters) - The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to...urn:store:2:news:blog:39518https://hotcoinmarket.com/ecbs-schnabel-must-be-ready-to-take-the-heat-and-raise-rates-moreECB's Schnabel must be ready to take the heat and raise rates moreFRANKFURT (Reuters) -The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to...urn:store:2:news:blog:39517https://hotcoinmarket.com/ecbs-schnabel-sees-little-risk-of-overreacting-to-inflationECB's Schnabel sees little risk of overreacting to inflationFRANKFURT (Reuters) - European Central Bank policymaker Isabel Schnabel sees little risk of raising borrowing costs too far at present given that interest rates are still very...urn:store:2:news:blog:39516https://hotcoinmarket.com/china-central-banker-calls-for-strengthening-property-sector-policiesChina central banker calls for strengthening property sector policiesSHANGHAI (Reuters) - A top advisor to the People's Bank of China on Saturday called for strengthening of real estate policy in light of sluggish economic growth over the past...urn:store:2:news:blog:39506https://hotcoinmarket.com/wall-st-ends-higher-treasury-yields-rise-after-data-flurryWall St ends higher, Treasury yields rise after data flurryBy Stephen Culp NEW YORK (Reuters) - Wall Street shuffled to a modestly higher close on Friday and Treasury yields advanced as investors digested a deluge of economic data ahead...urn:store:2:news:blog:39504https://hotcoinmarket.com/us-dollar-weakens-as-risk-appetite-rises-with-data-showing-slowdownU.S. dollar weakens as risk appetite rises with data showing slowdownBy Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit,...urn:store:2:news:blog:39505https://hotcoinmarket.com/italys-government-wins-lower-house-confidence-vote-on-2023-budgetItaly's government wins lower house confidence vote on 2023 budgetROME (Reuters) -The Italian government on Friday comfortably won a vote of confidence in the Chamber of Deputies, which it called to speed up approval of its expansionary 2023...urn:store:2:news:blog:39503https://hotcoinmarket.com/wall-street-mixed-treasury-yields-rise-after-data-delugeWall Street mixed, Treasury yields rise after data delugeBy Stephen Culp NEW YORK (Reuters) - Wall Street wavered on Friday and Treasury yields advanced as investors digested a flurry of economic data ahead of the long Christmas holiday...urn:store:2:news:blog:39501https://hotcoinmarket.com/canada-keen-on-resolution-for-first-quantum-in-panamaCanada 'keen' on resolution for First Quantum in PanamaBy Steve Scherer OTTAWA (Reuters) -Canada's trade minister has been in contact with her counterpart in Panama in an effort to resolve a dispute over future payments First Quantum...urn:store:2:news:blog:39502https://hotcoinmarket.com/us-congress-passes-166-trillion-funding-bill-biden-to-signU.S. Congress passes $1.66 trillion funding bill, Biden to signBy Richard Cowan, Moira Warburton and Gram Slattery WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives on Friday passed a $1.66 trillion government...urn:store:2:news:blog:39499https://hotcoinmarket.com/us-dollar-falls-as-risk-appetite-improves-with-data-showing-slowdownU.S. dollar falls as risk appetite improves with data showing slowdownBy Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit,...urn:store:2:news:blog:39500https://hotcoinmarket.com/us-congress-passes-166-trillion-funding-bill-sending-to-bidenU.S. Congress passes $1.66 trillion funding bill; sending to BidenBy Richard Cowan, Moira Warburton and Gram Slattery WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives on Friday passed a $1.66 trillion government...urn:store:2:news:blog:39498https://hotcoinmarket.com/us-consumer-spending-inflation-rise-moderately-amid-rate-hikesU.S. consumer spending, inflation rise moderately amid rate hikesBy Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably...urn:store:2:news:blog:39496https://hotcoinmarket.com/canada-posts-c174-million-deficit-over-first-seven-months-of-202223Canada posts C$174 million deficit over first seven months of 2022/23OTTAWA, Dec 23 (Reuters) - Canada recorded a C$174 million ($127.91 million) budget deficit for the first seven months of the 2022/23 fiscal year, partly due to higher debt...urn:store:2:news:blog:39497https://hotcoinmarket.com/us-house-advances-166-trillion-funding-bill-as-deadline-nearsU.S. House advances $1.66 trillion funding bill as deadline nearsBy Richard Cowan, Moira Warburton and Gram Slattery WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives on Friday advanced a $1.66 trillion bill that...urn:store:2:news:blog:39495https://hotcoinmarket.com/putin-tells-russian-defence-industry-to-up-its-game-for-ukraine-warPutin tells Russian defence industry to up its game for Ukraine warBy Andrew Osborn (Reuters) - President Vladimir Putin on Friday told Russia's defence industry chiefs to up their game to ensure that the Russian army quickly got all the weapons,...urn:store:2:news:blog:39493https://hotcoinmarket.com/us-house-to-vote-on-166-trillion-funding-bill-amid-republican-angerU.S. House to vote on $1.66 trillion funding bill amid Republican angerBy Richard Cowan and Moira Warburton WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives on Friday began debate on a $1.66 trillion government funding...urn:store:2:news:blog:39494https://hotcoinmarket.com/italy-government-faces-confidence-vote-on-2023-budgetItaly government faces confidence vote on 2023 budgetROME (Reuters) -Italy's Chamber of Deputies will hold a confidence vote late on Friday called by the government to speed up approval of its expansionary 2023 budget before a...urn:store:2:news:blog:39492https://hotcoinmarket.com/wall-street-fluctuates-treasury-yields-rise-after-data-delugeWall Street fluctuates, Treasury yields rise after data delugeBy Stephen Culp NEW YORK (Reuters) - Wall Street oscillated on Friday and Treasury yields advanced as investors digested a flurry of economic data ahead of the long Christmas...urn:store:2:news:blog:39491https://hotcoinmarket.com/tunisia-seeks-to-cut-fiscal-deficit-to-55-in-2023-led-by-economic-reformsTunisia seeks to cut fiscal deficit to 5.5% in 2023, led by economic reformsBy Tarek Amara TUNIS (Reuters) -Tunisia expects to reduce its fiscal deficit to 5.5% next year from a forecast 7.7% this year, driven by austerity measures that could pave the way...urn:store:2:news:blog:39489https://hotcoinmarket.com/global-central-banks-deliver-historic-rate-hike-blast-in-2022Global central banks deliver historic rate hike blast in 2022By Karin Strohecker and Vincent Flasseur LONDON (Reuters) - Major central banks ramped up interest rates at the fastest pace and biggest scale in at least two decades in 2022 as...urn:store:2:news:blog:39488https://hotcoinmarket.com/stocks-eye-double-digit-losses-for-2022-as-recession-loomsStocks eye double-digit losses for 2022 as recession loomsBy Huw Jones LONDON (Reuters) - Global shares were mixed on Friday as the last full trading week of the year comes to a close, with looming U.S. inflation data a reminder of how...urn:store:2:news:blog:39487https://hotcoinmarket.com/tunisia-seeks-to-cut-fiscal-deficit-to-55-in-2023-driven-by-economic-reformsTunisia seeks to cut fiscal deficit to 5.5% in 2023, driven by economic reformsBy Tarek Amara TUNIS (Reuters) - Tunisia expects to reduce the fiscal deficit to 5.5% next year, down from about 7% expected this year and driven by austerity steps that could...urn:store:2:news:blog:39485https://hotcoinmarket.com/billionaire-adani-to-control-nearly-65-of-ndtv-as-founders-sell-stakeBillionaire Adani to control nearly 65% of NDTV as founders sell stakeBENGALURU (Reuters) -Indian billionaire Gautam Adani will control 64.71% of New Delhi Television Ltd as the company's founders have decided to sell most of their shares to his...urn:store:2:news:blog:39486https://hotcoinmarket.com/despite-progress-fed-remains-focused-on-inflation-fight-as-2023-rolls-inDespite progress, Fed remains focused on inflation fight as 2023 rolls inBy Lindsay (NYSE:LNN) Dunsmuir (Reuters) - After a year in which a U.S. inflation surge forced the Federal Reserve to supersize its interest rate hikes, the latest evidence price...urn:store:2:news:blog:39483https://hotcoinmarket.com/us-consumer-spending-inflation-cool-in-novemberU.S. consumer spending, inflation cool in NovemberBy Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably...urn:store:2:news:blog:39482https://hotcoinmarket.com/global-equity-funds-see-biggest-weekly-outflows-since-march-2020-lipperGlobal equity funds see biggest weekly outflows since March 2020 -Lipper(Reuters) - Global equity funds have recorded their biggest weekly outflows since March 2020, hit by recession fears as central banks vow to keep interest rates higher to tame...urn:store:2:news:blog:39481https://hotcoinmarket.com/us-consumer-spending-inflation-slow-in-novemberU.S. consumer spending, inflation slow in NovemberWASHINGTON (Reuters) - U.S. consumer spending barely rose in November, while inflation cooled further, but not enough to discourage the Federal Reserve from driving interest rates...urn:store:2:news:blog:39480https://hotcoinmarket.com/equity-funds-record-largest-ever-weekly-outflows-bofaEquity funds record largest ever weekly outflows -BofABy Lucy Raitano LONDON (Reuters) - Investors shed stocks at the highest weekly rate ever in the week to Wednesday, selling a net $41.9 billion of equities, according to a report...urn:store:2:news:blog:39479https://hotcoinmarket.com/japan-unveils-record-budget-in-boost-to-military-spendingJapan unveils record budget in boost to military spendingBy Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) -Japan unveiled on Friday a record 114.4 trillion yen ($863 billion) budget for the next fiscal year from April, pushed...urn:store:2:news:blog:39478https://hotcoinmarket.com/us-house-to-vote-on-166-trillion-funding-bill-as-shutdown-deadline-nearsU.S. House to vote on $1.66 trillion funding bill as shutdown deadline nearsBy Richard Cowan and Moira Warburton WASHINGTON (Reuters) - The U.S. House of Representatives on Friday is due to vote on a $1.66 trillion bill that provides the U.S. military...urn:store:2:news:blog:39477https://hotcoinmarket.com/morning-bid-wall-street-on-santas-naughty-listMorning Bid: Wall Street on Santa's naughty listA look at the day ahead in U.S. and global markets from Amanda Cooper. This year, it looks like Santa Claus has no plans to visit Wall Street. The S&P 500 is on course for its...urn:store:2:news:blog:39476https://hotcoinmarket.com/what-happened-in-2022-the-year-in-reviewWhat happened in 2022? The year in reviewBy Liz Moyer, Peter Nurse, Scott Kanowsky and Yasin Ebrahim Investing.com -- The year is heading to a close on a sour note with the hoped-for Santa rally failing to materialize....urn:store:2:news:blog:39475https://hotcoinmarket.com/dollar-steady-after-strong-us-data-yen-set-for-weekly-gainDollar steady after strong U.S. data, yen set for weekly gainBy Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) - The dollar fluctuated on Friday and was little changed in morning trading in London after two days of gains, as...urn:store:2:news:blog:39474https://hotcoinmarket.com/marketmind-grinch-reappearsMarketmind: Grinch (re)appearsA look at the day ahead in European and global markets from Ankur Banerjee Ignoring a hawkish Fed, investors attempted the briefest of Santa rallies this week but revised U.S. GDP...urn:store:2:news:blog:39472https://hotcoinmarket.com/japan-unveils-record-budget-in-boost-to-military-capacityJapan unveils record budget in boost to military capacityTOKYO (Reuters) - Japan unveiled on Friday a record 114.4 trillion yen ($863 billion) budget for the next fiscal year from April, pushed up by increased military spending and...urn:store:2:news:blog:39473https://hotcoinmarket.com/thai-power-price-hike-to-hurt-business-competitiveness-business-groupThai power price hike to hurt business, competitiveness - business groupBANGKOK (Reuters) - Thailand's decision to hike electricity prices by 20% in early 2023 will push up inflation and undermine the country's competitiveness as the economy recovers...urn:store:2:news:blog:39468https://hotcoinmarket.com/volatile-rouble-falls-again-cutting-short-slight-recoveryVolatile rouble falls again, cutting short slight recoveryMOSCOW (Reuters) - The Russian rouble weakened in early trade on Friday, cutting short a slight recovery in the previous session as fears over oil and gas sanctions unnerved...urn:store:2:news:blog:39469https://hotcoinmarket.com/asian-shares-slip-on-fears-that-fed-will-have-to-stay-hawkishAsian shares slip on fears that Fed will have to stay hawkishBy Ankur Banerjee SINGAPORE (Reuters) - Asian shares fell on Friday and were set for a second week of losses, while the dollar firmed as strong U.S. data revived fears the Federal...urn:store:2:news:blog:39464https://hotcoinmarket.com/swiss-microlino-reboots-bubble-car-with-electric-model-2Swiss Microlino reboots bubble car with electric modelBy John Revill and Arnd Wiegmann ZURICH (Reuters) -Two Swiss brothers are seeking to put their country back on the carmaking map by reviving a 1950s motoring classic with an...urn:store:2:news:blog:39462https://hotcoinmarket.com/dollar-steadies-on-fed-view-economic-resilience-yen-eyes-weekly-gainDollar steadies on Fed view, economic resilience; yen eyes weekly gainBy Rae Wee SINGAPORE (Reuters) - The dollar was on the front foot on Friday as solid U.S. economic data reinforced the need for the Federal Reserve to stay on its aggressive...urn:store:2:news:blog:39460https://hotcoinmarket.com/analysis-us-stock-investors-face-recession-fears-as-they-bid-good-riddance-to-2022Analysis-US stock investors face recession fears as they bid good riddance to 2022By Lewis Krauskopf NEW YORK (Reuters) - A rough year for U.S. stocks is winding down, but the market’s pain may be far from over, as investors brace for an expected recession in...urn:store:2:news:blog:39461https://hotcoinmarket.com/ukraines-parallel-war-on-corruption-to-unlock-door-to-westUkraine's parallel war on corruption to unlock door to WestBy Dan Peleschuk KYIV (Reuters) - To an outsider, it may seem an unlikely time for Ukraine to double down on the battle against corruption, as missiles rain down on cities and...urn:store:2:news:blog:39459https://hotcoinmarket.com/grinch-reappearsGrinch (re)appearsA look at the day ahead in European and global markets from Ankur Banerjee Ignoring a hawkish Fed, investors attempted the briefest of Santa rallies this week but revised U.S. GDP...urn:store:2:news:blog:39457https://hotcoinmarket.com/malaysias-november-cpi-rises-4-year-on-year-in-line-with-forecastMalaysia's November CPI rises 4% year-on-year, in line with forecastKUALA LUMPUR (Reuters) - Malaysia's consumer price index (CPI) in November remained at a 4% growth from a year ago, in line with expectations, according to government data on...urn:store:2:news:blog:39450https://hotcoinmarket.com/japan-nov-factory-output-likely-down-for-3rd-month-on-global-demand-woes-reuters-pollJapan Nov factory output likely down for 3rd month on global demand woes- Reuters pollTOKYO (Reuters) - Output at Japanese factories likely declined for a third month in November, according to economists in a Reuters poll, as shrinking global demand took a toll on...urn:store:2:news:blog:39446https://hotcoinmarket.com/asian-shares-slide-as-fears-over-hawkish-fed-mountAsian shares slide as fears over hawkish Fed mountBy Ankur Banerjee SINGAPORE (Reuters) - Asian shares eased on Friday, tracking a dive on Wall Street, while the dollar firmed as strong U.S. data revived fears the Federal Reserve...urn:store:2:news:blog:39447https://hotcoinmarket.com/japan-to-unveil-record-864-billion-budget-driven-by-military-costsJapan to unveil record $864 billion budget driven by military costsBy Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) - Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by...urn:store:2:news:blog:39444https://hotcoinmarket.com/japans-consumer-inflation-hits-fresh-40-year-high-eyes-on-boj-policyJapan's consumer inflation hits fresh 40-year high, eyes on BOJ policyBy Leika Kihara TOKYO (Reuters) - Japan's core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign...urn:store:2:news:blog:39442https://hotcoinmarket.com/china-cbank-makes-biggest-weekly-cash-injection-in-two-monthsChina cbank makes biggest weekly cash injection in two monthsSHANGHAI (Reuters) - China's central bank made its biggest weekly liquidity injection into the banking system in nearly two months to counteract the year-end rush for cash. The...urn:store:2:news:blog:39439https://hotcoinmarket.com/dollar-solidly-bid-on-fed-view-economic-resilience-yen-eyes-weekly-gainDollar solidly bid on Fed view, economic resilience; yen eyes weekly gainBy Rae Wee SINGAPORE (Reuters) - The dollar was on the front foot on Friday, as solid U.S. economic data reinforced the need for the Federal Reserve to stay on its aggressive...urn:store:2:news:blog:39440https://hotcoinmarket.com/apple-watches-violate-alivecor-patents-but-import-ban-on-hold-us-itcApple Watches violate AliveCor patents but import ban on hold -U.S. ITCBy Blake Brittain (Reuters) -Apple Inc's Apple (NASDAQ:AAPL) Watches with an electrocardiogram (ECG) function infringe patents belonging to medical device maker AliveCor Inc, the...urn:store:2:news:blog:39438https://hotcoinmarket.com/boj-discussed-potential-impact-of-future-policy-tweak-oct-minutesBOJ discussed potential impact of future policy tweak - Oct minutesBy Leika Kihara TOKYO (Reuters) -Some Bank of Japan policymakers called for the need to be mindful of how a future exit from ultra-low interest rates could affect markets and...urn:store:2:news:blog:39437https://hotcoinmarket.com/japans-nov-core-consumer-inflation-hits-fresh-40-year-highJapan's Nov core consumer inflation hits fresh 40-year highBy Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) - Japan's core consumer inflation hit a fresh 40-year high of 3.7% in November as companies continued to pass on rising...urn:store:2:news:blog:39436https://hotcoinmarket.com/sri-lankas-cancer-patients-struggle-amid-economic-chaosSri Lanka's cancer patients struggle amid economic chaosCOLOMBO (Reuters) - Priyantha Kumarasinghe starts his day in the small Sri Lankan town of Maharagama with a breakfast of two biscuits and a small glass of tea, followed by a round...urn:store:2:news:blog:39435https://hotcoinmarket.com/analysis-high-yields-and-savings-to-boost-ordinary-italians-bond-purchasesAnalysis-High yields and savings to boost ordinary Italians' bond purchasesBy Sara Rossi, Alessia Pe and Valentina Consiglio MILAN (Reuters) - Enticing returns on government bonds and the fear of inflation should lure more Italian retail investors to the...urn:store:2:news:blog:39434https://hotcoinmarket.com/us-house-to-vote-on-166-trillion-spending-bill-on-fridayU.S. House to vote on $1.66 trillion spending bill on FridayBy Gram Slattery and Richard Cowan WASHINGTON (Reuters) -The U.S. House of Representatives on Friday will vote on a $1.66 trillion government funding bill that provides more money...urn:store:2:news:blog:39433https://hotcoinmarket.com/marketmind-seasons-beatingsMarketmind: Season's beatingsBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks look set to decline for a second consecutive week as a sea of red on Wall...urn:store:2:news:blog:39432https://hotcoinmarket.com/arctic-bomb-cyclone-threatens-holiday-travel-for-millions-of-americansArctic 'bomb cyclone' threatens holiday travel for millions of AmericansBy Tyler Clifford and Rich McKay DETROIT (Reuters) -A dangerously frigid arctic air mass gripped a vast expanse of the United States on Thursday ahead of what could be one of the...urn:store:2:news:blog:39431https://hotcoinmarket.com/italy-govt-calls-confidence-vote-over-2023-budgetItaly govt calls confidence vote over 2023 budgetROME (Reuters) - Italy's government asked on Thursday for the lower house of parliament to hold a confidence vote on the 2023 budget to speed up its approval and ensure the...urn:store:2:news:blog:39430https://hotcoinmarket.com/us-senate-passes-166-trillion-spending-bill-sends-to-houseU.S. Senate passes $1.66 trillion spending bill, sends to HouseBy Gram Slattery and Richard Cowan WASHINGTON (Reuters) -The U.S. Senate passed a $1.66 trillion government spending bill, sending it to the House of Representatives to approve...urn:store:2:news:blog:39428https://hotcoinmarket.com/us-senate-166-trillion-spending-bill-advances-after-immigration-standoffU.S. Senate $1.66 trillion spending bill advances after immigration standoffBy Gram Slattery and Richard Cowan WASHINGTON (Reuters) -A $1.66 trillion U.S. government spending bill, delayed by weeks of policy disagreements over immigration and overall...urn:store:2:news:blog:39429https://hotcoinmarket.com/massive-winter-storm-threatens-holiday-travel-for-millions-of-americansMassive winter storm threatens holiday travel for millions of AmericansBy Tyler Clifford DETROIT (Reuters) -A massive winter storm system enveloped a vast stretch of the United States on Thursday, threatening to upend the travel plans of millions of...urn:store:2:news:blog:39424https://hotcoinmarket.com/us-senate-moves-166-trillion-spending-bill-toward-passageU.S. Senate moves $1.66 trillion spending bill toward passageBy Gram Slattery and Richard Cowan WASHINGTON (Reuters) - A $1.66 trillion U.S. government spending bill, delayed by weeks of policy disagreements over immigration and overall...urn:store:2:news:blog:39423https://hotcoinmarket.com/us-senate-reaches-agreement-on-166-trillion-spending-bill-schumerU.S. Senate reaches agreement on $1.66 trillion spending bill - SchumerBy Gram Slattery and Susan Heavey WASHINGTON (Reuters) - Negotiators in the U.S. Senate reached an agreement on how to proceed on a $1.66 trillion government spending bill, after...urn:store:2:news:blog:39422https://hotcoinmarket.com/immigration-standoff-stalls-us-senate-166-trillion-government-funding-billImmigration standoff stalls U.S. Senate $1.66 trillion government funding billBy Gram Slattery and Susan Heavey WASHINGTON (Reuters) - A standoff over U.S. immigration policy stalled movement on a $1.66 trillion government funding bill in the Senate on...urn:store:2:news:blog:39419https://hotcoinmarket.com/used-car-retailer-carmax-posts-plunge-in-profit-pauses-share-buybackUsed-car retailer CarMax posts plunge in profit, pauses share buyback(Reuters) -CarMax Inc on Thursday reported an 86% drop in quarterly profit and the largest U.S. used car retailer announced it was cutting expenses and pausing stock buybacks, as...urn:store:2:news:blog:39417https://hotcoinmarket.com/carmax-pauses-share-buyback-after-quarterly-profit-plunges-86CarMax pauses share buyback after quarterly profit plunges 86%(Reuters) - CarMax Inc (NYSE:KMX) on Thursday paused share buybacks after reporting an 86% fall in quarterly profit, hurt by waning demand for used cars as inflation-hit...urn:store:2:news:blog:39415https://hotcoinmarket.com/eu-court-rules-airbnb-must-provide-rental-info-to-tax-authoritiesEU court rules Airbnb must provide rental info to tax authoritiesBRUSSELS (Reuters) -Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under a national regime, the...urn:store:2:news:blog:39416https://hotcoinmarket.com/ftx-guilty-pleas-micron-shock-zelenskiy-speech-whats-moving-marketsFTX guilty pleas, Micron shock, Zelenskiy speech - what's moving marketsBy Geoffrey Smith  Investing.com -- Two key lieutenants of Sam Bankman-Fried entered guilty pleas and said they will cooperate with the investigation against their former...urn:store:2:news:blog:39414https://hotcoinmarket.com/japanese-homeowners-face-an-unfamiliar-headache-higher-mortgagesJapanese homeowners face an unfamiliar headache: higher mortgagesBy David Dolan and Daniel Leussink TOKYO (Reuters) - When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and...urn:store:2:news:blog:39411https://hotcoinmarket.com/morning-bid-not-so-fastMorning Bid: Not so fastA look at the day ahead in U.S. and global markets from Amanda Cooper. Ding dong, inflation's dead! Or so you might think looking at what consumers reckon will happen to price...urn:store:2:news:blog:39412https://hotcoinmarket.com/brazils-congress-passes-bill-to-raise-spending-cap-for-welfare-programBrazil's Congress passes bill to raise spending cap for welfare programBy Maria Carolina Marcello BRASILIA (Reuters) -Brazil's Congress late on Wednesday gave its final approval to a constitutional amendment increasing the government spending cap to...urn:store:2:news:blog:39410https://hotcoinmarket.com/analysis-feds-balance-sheet-drawdown-could-sunset-next-yearAnalysis-Fed's balance sheet drawdown could sunset next yearBy Michael S. Derby NEW YORK (Reuters) - The Federal Reserve's ongoing efforts to shrink its balance sheet may end earlier than once thought, even as the U.S. central bank charts...urn:store:2:news:blog:39408https://hotcoinmarket.com/indonesia-central-bank-slows-pace-of-rate-hikes-as-growth-seen-easingIndonesia central bank slows pace of rate hikes as growth seen easingBy Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia's central bank raised its key policy rate on Thursday but at a slower pace than in recent months, reaffirming...urn:store:2:news:blog:39409https://hotcoinmarket.com/russias-no2-lender-vtb-to-buy-rescued-otkritie-bank-for-47-billionRussia's No.2 lender VTB to buy rescued Otkritie Bank for $4.7 billionBy Alexander Marrow, Maria Kiselyova and Elena Fabrichnaya MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out Otkritie Bank to the country's No.2 lender,...urn:store:2:news:blog:39407https://hotcoinmarket.com/eu-court-rules-airbnb-must-provide-rental-info-to-tax-authorities-withhold-taxEU court rules Airbnb must provide rental info to tax authorities, withhold taxBRUSSELS (Reuters) - Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under a national tax regime,...urn:store:2:news:blog:39405https://hotcoinmarket.com/turkey-raises-monthly-minimum-wage-by-55-for-2023Turkey raises monthly minimum wage by 55% for 2023ANKARA (Reuters) -Turkey's monthly minimum wage will be 8,506.80 lira ($455) in 2023, the Turkish presidency said on Thursday, marking a 55% increase from the level determined in...urn:store:2:news:blog:39406https://hotcoinmarket.com/russias-bailed-out-otkritie-bank-to-be-sold-to-vtb-for-47-billionRussia's bailed-out Otkritie Bank to be sold to VTB for $4.7 billionMOSCOW (Reuters) - The Bank of Russia on Thursday said it had agreed to sell bailed-out Otkritie Bank to the country's No.2 lender, state-owned VTB, for 340 billion roubles ($4.7...urn:store:2:news:blog:39403https://hotcoinmarket.com/two-more-ecb-policymakers-back-steady-diet-of-rate-hikesTwo more ECB policymakers back steady diet of rate hikesFRANKFURT (Reuters) -European Central Bank policymakers Luis de Guindos and Yannis Stournaras on Thursday joined a chorus of euro zone central bankers supporting more euro zone...urn:store:2:news:blog:39400https://hotcoinmarket.com/sweden-faces-recession-lasting-into-2024-finance-minister-saysSweden faces recession lasting into 2024, finance minister saysCOPENHAGEN (Reuters) - The Swedish economy will enter a deeper, more long-lasting recession next year than previously forecast as soaring energy prices drive up inflation, hitting...urn:store:2:news:blog:39401https://hotcoinmarket.com/french-inflation-will-be-high-in-coming-months-before-easing-in-mid-2023-le-maireFrench inflation will be high in coming months before easing in mid-2023 -Le MairePARIS (Reuters) - France will have high inflation levels in the next few months, particularly regarding food items, before it will then likely ease in mid-2023, French Finance...urn:store:2:news:blog:39398https://hotcoinmarket.com/swedish-economy-to-contract-in-2023-finance-ministry-forecastsSwedish economy to contract in 2023, finance ministry forecastsCOPENHAGEN (Reuters) - The Swedish economy is expected to contract by 0.7% next year, compared to a previous forecast for a 0.4% decline, the country's Finance Ministry said on...urn:store:2:news:blog:39399https://hotcoinmarket.com/indonesia-central-bank-raises-rates-by-25-bps-as-expectedIndonesia central bank raises rates by 25 bps, as expectedJAKARTA (Reuters) - Indonesia's central bank raised its key policy rate on Thursday, its fifth rate hike since August and widely expected by markets, as it aims to bring inflation...urn:store:2:news:blog:39397https://hotcoinmarket.com/buyout-funds-rethink-deal-financing-amid-shortage-of-debtBuyout funds rethink deal financing amid shortage of debtBy Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) - Private equity funds are rethinking how they pull off large deals after a 40.4% contraction in global buyout...urn:store:2:news:blog:39394https://hotcoinmarket.com/sprawling-winter-storm-threatens-us-holiday-travel-as-arctic-blast-descendsSprawling winter storm threatens U.S. holiday travel as Arctic blast descendsBy Tyler Clifford DETROIT (Reuters) - An Arctic blast surged across a wide swath of the United States on Wednesday, gripping much of the nation with bitter cold and...urn:store:2:news:blog:39393https://hotcoinmarket.com/ecbs-might-raise-interest-rates-at-current-pace-for-a-while-ecbs-de-guindosECB's might raise interest rates at current pace for a while - ECB's de GuindosBERLIN (Reuters) -The European Central Bank may raise interest rates at its current pace for a "period of time" to curb inflation, said Vice-President Luis de Guindos. "We have...urn:store:2:news:blog:39392https://hotcoinmarket.com/analysis-euro-zone-governments-must-court-private-buyers-for-mountain-of-debtAnalysis-Euro zone governments must court private buyers for mountain of debtBy Yoruk Bahceli and Harry Robertson (Reuters) - Euro zone governments will have to charm private buyers to step in and buy 400 billion euros of additional debt next year, which...urn:store:2:news:blog:39390https://hotcoinmarket.com/how-2022-shocked-rocked-and-rolled-global-marketsHow 2022 shocked, rocked and rolled global marketsBy Marc Jones LONDON (Reuters) - Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires -...urn:store:2:news:blog:39391https://hotcoinmarket.com/marketmind-santa-makes-a-brief-stopMarketmind: Santa makes a brief stopA look at the day ahead in European and global markets from Ankur Banerjee Markets are attempting a brief Santa rally ahead of Christmas as traders wind down for the year, with a...urn:store:2:news:blog:39389https://hotcoinmarket.com/santa-makes-a-brief-stopSanta makes a brief stopA look at the day ahead in European and global markets from Ankur Banerjee Markets are attempting a brief Santa rally ahead of Christmas as traders wind down for the year, with a...urn:store:2:news:blog:39385https://hotcoinmarket.com/ukraines-zelenskiy-tells-us-congress-aid-is-not-charity-urges-more-supportUkraine's Zelenskiy tells U.S. Congress aid is 'not charity', urges more supportBy Steve Holland and Pavel Polityuk WASHINGTON/KYIV (Reuters) - President Volodymyr Zelenskiy told the U.S. Congress that aid to Ukraine was an investment in democracy and "not...urn:store:2:news:blog:39386https://hotcoinmarket.com/banker-bonuses-go-from-boom-to-bust-in-jarring-reversalBanker bonuses go from boom to bust in jarring reversalBy Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) - Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to...urn:store:2:news:blog:39382https://hotcoinmarket.com/turkeys-cenbank-to-stand-pat-after-fulfilling-erdogans-call-for-single-digitsTurkey's cenbank to stand pat after fulfilling Erdogan's call for single digitsISTANBUL (Reuters) -Turkey's central bank is expected to keep its policy rate unchanged next week, a Reuters poll showed on Thursday, having decided to end the cycle after cutting...urn:store:2:news:blog:39374https://hotcoinmarket.com/japan-pm-advisers-urge-talks-on-inflation-beating-wage-growthJapan PM advisers urge talks on inflation-beating wage growthBy Daniel Leussink TOKYO (Reuters) - Private sector advisers of Japan's top economic council on Thursday called on the government to step up talks on how to ensure wages rise...urn:store:2:news:blog:39375https://hotcoinmarket.com/prosecutors-charge-two-top-executives-in-connection-with-ftx-collapseProsecutors charge two top executives in connection with FTX collapseWASHINGTON (Reuters) -Federal prosecutors on Wednesday said they have charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief...urn:store:2:news:blog:39371https://hotcoinmarket.com/zelenskiy-appeals-to-us-republican-critics-as-war-with-russia-ragesZelenskiy appeals to U.S. Republican critics as war with Russia ragesBy Patricia Zengerle and Gram Slattery WASHINGTON (Reuters) -Ukrainian President Volodymyr Zelenskiy faced a critical audience when he addressed a joint session of the U.S....urn:store:2:news:blog:39372https://hotcoinmarket.com/two-top-executives-plead-guilty-in-connection-with-ftx-collapse-us-prosecutorTwo top executives plead guilty in connection with FTX collapse -U.S. prosecutorWASHINGTON (Reuters) - U.S. authorities on Wednesday said they have charged Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, the former chief technology...urn:store:2:news:blog:39373https://hotcoinmarket.com/no-spending-spree-likely-in-last-full-indian-budget-before-2024-election-reuters-pollNo spending spree likely in last full Indian budget before 2024 election: Reuters pollBy Vivek Mishra BENGALURU (Reuters) - The Indian government will focus on fiscal consolidation in its Feb. 1 budget, the last full one before a 2024 general election, according to...urn:store:2:news:blog:39368https://hotcoinmarket.com/japan-govt-revises-up-fiscal-2023-growth-forecast-on-higher-capex-wagesJapan govt revises up fiscal 2023 growth forecast on higher capex, wagesBy Kantaro Komiya TOKYO (Reuters) - Japan's government revised up on Thursday its growth forecast for the next fiscal year on prospects for higher business expenditure and...urn:store:2:news:blog:39367https://hotcoinmarket.com/zelenskiy-faces-hard-sell-to-win-over-us-house-republicansZelenskiy faces hard sell to win over U.S. House RepublicansBy Patricia Zengerle and Gram Slattery WASHINGTON (Reuters) -Ukrainian President Volodymyr Zelenskiy will face a critical audience when he addresses a joint session of the U.S....urn:store:2:news:blog:39365https://hotcoinmarket.com/marketmind-will-indonesia-follow-the-fedMarketmind: Will Indonesia follow the Fed?By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. A decent sprinkling of regional economic data and a monetary policy decision in...urn:store:2:news:blog:39366https://hotcoinmarket.com/republican-senators-propose-overhaul-of-federal-reserve-amid-concerns-about-politicsRepublican senators propose overhaul of Federal Reserve amid concerns about politicsBy Michael S. Derby NEW YORK (Reuters) - Seven Republican U.S. senators on Wednesday announced a new bill aimed at reshaping the Federal Reserve's 12 regional banks, amid concerns...urn:store:2:news:blog:39364https://hotcoinmarket.com/micron-sets-10-job-cuts-in-2023-due-to-supply-demand-mismatchMicron sets 10% job cuts in 2023 due to 'supply-demand mismatch'By Akash Sriram and Jane Lanhee Lee (Reuters) -Chipmaker Micron Technology Inc (NASDAQ:MU) on Wednesday said it will lay off 10% of its workforce next year as it continues to cope...urn:store:2:news:blog:39363https://hotcoinmarket.com/brazils-lower-house-passes-bill-to-raise-spending-cap-for-welfare-programBrazil's lower house passes bill to raise spending cap for welfare programBRASILIA (Reuters) - Brazil's lower house on Wednesday approved a constitutional amendment to increase the government spending cap to maintain welfare payouts to poor families...urn:store:2:news:blog:39362https://hotcoinmarket.com/micron-forecasts-quarterly-revenue-above-expectationsMicron forecasts quarterly revenue above expectations(Reuters) - Chipmaker Micron Technology Inc (NASDAQ:MU) on Wednesday forecast second-quarter revenue above Wall Street estimates, as it benefits from a rebound in demand for...urn:store:2:news:blog:39361https://hotcoinmarket.com/us-dollar-likely-has-further-upside-vs-yen-despite-boj-move-goldmanU.S. dollar likely has further upside vs yen despite BOJ move -GoldmanNEW YORK (Reuters) - The Bank of Japan, which widened the trading band for 10-year Japanese government bonds (JGBs) on Tuesday, may have inflicted damage on the dollar against the...urn:store:2:news:blog:39359https://hotcoinmarket.com/el-salvador-to-receive-150-million-from-development-bank-for-educationEl Salvador to receive $150 million from development bank for educationSAN SALVADOR (Reuters) - El Salvador will receive a $150 million loan from Latin American development bank CAF to strengthen its education system, the lender said in a Wednesday...urn:store:2:news:blog:39360https://hotcoinmarket.com/zelenskiy-may-face-hard-sell-to-win-over-us-house-republicansZelenskiy may face hard sell to win over U.S. House RepublicansBy Patricia Zengerle and Gram Slattery WASHINGTON (Reuters) - Ukrainian President Volodymyr Zelenskiy will face a critical audience when he addresses a joint session of the U.S....urn:store:2:news:blog:39356https://hotcoinmarket.com/carnival-corp-posts-smaller-loss-as-it-tightens-control-on-costsCarnival Corp posts smaller loss as it tightens control on costs(Reuters) -Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating costs, sending its shares up about 7% in...urn:store:2:news:blog:39354https://hotcoinmarket.com/in-hangover-of-world-cup-fiesta-argentinas-economic-reality-bitesIn hangover of World Cup fiesta, Argentina's economic reality bitesBy Rodrigo Campos and Belen Liotti NEW YORK/BUENOS AIRES (Reuters) - Gregorina Victorica, 86, a retiree in Buenos Aires has been cheering Argentina's victory in the soccer World...urn:store:2:news:blog:39352https://hotcoinmarket.com/us-new-vehicle-sales-to-fall-in-december-as-high-prices-deter-buyers-reportU.S. new vehicle sales to fall in December as high prices deter buyers - report(Reuters) - U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a...urn:store:2:news:blog:39353https://hotcoinmarket.com/off-budget-spending-stirs-doubts-about-polands-financesOff-budget spending stirs doubts about Poland's financesBy Anna Koper, Pawel Florkiewicz and Gergely Szakacs WARSAW (Reuters) - As Poland heads for an election year grappling with stagflation, government moves to shift large chunks of...urn:store:2:news:blog:39351https://hotcoinmarket.com/us-current-account-deficit-shrinks-in-third-quarterU.S. current account deficit shrinks in third quarterWASHINGTON (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record high, data showed on Wednesday. The Commerce Department...urn:store:2:news:blog:39348https://hotcoinmarket.com/nike-cheers-zelenskyy-visits-us-tesla-layoffs-whats-moving-marketsNike cheers, Zelenskyy visits U.S., Tesla layoffs - what's moving marketsBy Geoffrey Smith Investing.com -- Solid earnings from Nike lifted the sportswear maker and are set to lift U.S. markets broadly at the open. Ukraine's President Volodymyr...urn:store:2:news:blog:39346https://hotcoinmarket.com/israeli-startup-makes-inroads-with-personal-flying-vehicleIsraeli startup makes inroads with personal flying vehicleBeersheva, Israel (Reuters) - An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned...urn:store:2:news:blog:39344https://hotcoinmarket.com/indias-rbi-may-hike-repo-rate-to-675-in-2023-idbi-banks-arun-bansalIndia's RBI may hike repo rate to 6.75% in 2023 - IDBI Bank's Arun BansalBy Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) - The Reserve Bank of India could take the key policy rate to 6.75% next year, as core inflation stays elevated and the U.S....urn:store:2:news:blog:39339https://hotcoinmarket.com/analysis-japanese-insurers-likely-to-provide-tailwind-to-yen-as-boj-shiftsAnalysis-Japanese insurers likely to provide tailwind to yen as BOJ shiftsBy Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) - Japan's gargantuan life insurers appear capable of weathering paper losses in domestic bond holdings triggered by this week's...urn:store:2:news:blog:39337https://hotcoinmarket.com/world-bank-releases-100-million-for-zambia-amid-delays-in-debt-restructuringWorld Bank releases $100 million for Zambia amid delays in debt restructuringLUSAKA (Reuters) -The World Bank is releasing $100 million for Zambia amid substantial delays in debt restructuring, it said on Wednesday. The World Bank approved in October a...urn:store:2:news:blog:39336https://hotcoinmarket.com/column-forecasts-become-a-vortex-of-guesswork-mike-dolanColumn-Forecasts become a vortex of guesswork: Mike DolanBy Mike Dolan LONDON (Reuters) - It's the time of year for financial and economic forecasting - but you may do as well ignoring them all. An ordinary year assessing the ebb and...urn:store:2:news:blog:39333https://hotcoinmarket.com/analysis-indias-post-covid-spending-boom-drives-two-speed-economyAnalysis: India's post-COVID spending boom drives two-speed economyBy Ira Dugal MUMBAI (Reuters) - India is set to be the world's fastest growing major economy in the year ahead, as a post-pandemic retail boom and recent bank balance-sheet...urn:store:2:news:blog:39330https://hotcoinmarket.com/analysis-kurodas-abrupt-policy-tweak-opens-door-for-bigger-shift-next-yearAnalysis-Kuroda's abrupt policy tweak opens door for bigger shift next yearBy Leika Kihara TOKYO (Reuters) - The Bank of Japan's surprise decision to loosen the grip on its yield cap marks the beginning of an end to Governor Haruhiko Kuroda's...urn:store:2:news:blog:39331https://hotcoinmarket.com/russias-space-agency-to-issue-bonds-for-satellite-programmeRussia's space agency to issue bonds for satellite programmeMOSCOW (Reuters) - Russia's space agency will borrow up to 50 billion roubles ($710 million) in 2023 to fund a mass satellite-building programme to catch up with the United States...urn:store:2:news:blog:39332https://hotcoinmarket.com/analysis-opaque-energy-prices-muddy-euro-inflation-pictureAnalysis-Opaque energy prices muddy euro inflation pictureBy Yoruk Bahceli and Valentina Consiglio AMSTERDAM/ROME (Reuters) - Statistics offices across the euro zone are looking to revise the way they build retail energy prices into...urn:store:2:news:blog:39329https://hotcoinmarket.com/dealmakers-brace-for-slow-2023-recovery-after-global-ma-sinksDealmakers brace for slow 2023 recovery after global M&A sinksBy Anirban Sen and Pamela Barbaglia NEW YORK/LONDON (Reuters) - Mergers and acquisitions (M&A) activity globally fell well short of the high-water mark set last year as debt...urn:store:2:news:blog:39326https://hotcoinmarket.com/south-korea-vows-support-deregulation-as-growth-slowsSouth Korea vows support, deregulation as growth slowsBy Choonsik Yoo SEOUL (Reuters) -South Korea's government on Wednesday promised policy support and deregulation to boost economic growth which it expects to slow next year at a...urn:store:2:news:blog:39325https://hotcoinmarket.com/analysis-investors-count-on-bonds-to-rescue-battered-6040-portfolio-in-2023Analysis-Investors count on bonds to rescue battered 60/40 portfolio in 2023By David Randall NEW YORK (Reuters) - Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible U.S. recession next year, though its...urn:store:2:news:blog:39324https://hotcoinmarket.com/analysis-russian-gold-removed-from-some-western-funds-after-ukraineAnalysis-Russian gold removed from some Western funds after UkraineBy Peter Hobson LONDON (Reuters) - Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars' worth of gold of Russian origin has quietly changed...urn:store:2:news:blog:39322https://hotcoinmarket.com/south-korea-predicts-lower-2023-gdp-growth-vows-to-support-exportersSouth Korea predicts lower 2023 GDP growth, vows to support exportersSEOUL (Reuters) - South Korea's economic growth next year will slow to 1.6% from an estimated 2.5% this year as the world economy loses momentum and pent-up domestic consumption...urn:store:2:news:blog:39323https://hotcoinmarket.com/indonesia-says-bauxite-export-ban-to-proceed-as-scheduled-in-june-2023Indonesia says bauxite export ban to proceed as scheduled in June 2023JAKARTA (Reuters) -Indonesia will ban exports of bauxite, the main ore source of aluminium, starting from June next year to encourage domestic processing of the material,...urn:store:2:news:blog:39320https://hotcoinmarket.com/marketmind-questions-after-the-stormMarketmind: Questions after the stormA look at the day ahead in European and global markets from Wayne Cole. A day after the Bank of Japan's bombshell and things are looking a little steadier. Most Asian share...urn:store:2:news:blog:39321https://hotcoinmarket.com/yen-holds-on-to-gains-as-traders-digest-boj-surprise-policy-tweakYen holds on to gains as traders digest BOJ surprise policy tweakBy Ankur Banerjee SINGAPORE (Reuters) - The yen eased a bit on Wednesday but held on to most of its overnight gains against the dollar as traders contemplated the shock Tuesday...urn:store:2:news:blog:39319https://hotcoinmarket.com/us-faa-proposes-airworthiness-criteria-for-archer-aviation-air-taxi-2U.S. FAA proposes airworthiness criteria for Archer Aviation air taxiBy David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Archer Aviation will need to meet for its M001...urn:store:2:news:blog:39308https://hotcoinmarket.com/indonesia-central-bank-sees-2022-inflation-at-54-2023s-at-around-3Indonesia central bank sees 2022 inflation at 5.4%, 2023's at around 3%JAKARTA (Reuters) - Indonesia's December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of...urn:store:2:news:blog:39309https://hotcoinmarket.com/south-koreas-president-stresses-need-for-labour-reformsSouth Korea's president stresses need for labour reformsSEOUL (Reuters) - South Korean President Yoon Suk-yeol said on Wednesday reforming practices in the labour market should be a top priority for his government's drive to improve...urn:store:2:news:blog:39307https://hotcoinmarket.com/indonesia-to-announce-ban-on-exports-of-a-commodity-without-saying-whichIndonesia to announce ban on exports of a commodity, without saying whichJAKARTA (Reuters) -Indonesia will announce an export ban on a commodity later on Wednesday, President Joko Widodo said, without specifying which one, as he highlighted the success...urn:store:2:news:blog:39306https://hotcoinmarket.com/indonesias-2022-fiscal-deficit-seen-at-249-of-gdp-presidentIndonesia's 2022 fiscal deficit seen at 2.49% of GDP-presidentJAKARTA (Reuters) - Indonesia's fiscal deficit for the whole of 2022 will likely be 2.49% of gross domestic product, much smaller than deficits in 2021 and 2020, President Joko...urn:store:2:news:blog:39305https://hotcoinmarket.com/fall-in-new-zealand-confidence-raises-spectre-of-deeper-recessionFall in New Zealand confidence raises spectre of deeper recessionBy Lucy Craymer WELLINGTON (Reuters) - Confidence in New Zealand has slumped in recent weeks, raising concerns the country might be headed toward a deeper recession than most have...urn:store:2:news:blog:39304https://hotcoinmarket.com/yen-eases-as-traders-digest-boj-surprise-policy-tweakYen eases as traders digest BOJ surprise policy tweakBy Ankur Banerjee SINGAPORE (Reuters) - The yen hovered around a four-month high against the dollar on Wednesday as traders contemplated the shock move by the Bank of Japan to...urn:store:2:news:blog:39303https://hotcoinmarket.com/japan-warns-of-chinas-covid-situation-cuts-view-on-factory-outputJapan warns of China's COVID situation, cuts view on factory outputTOKYO (Reuters) - Japan will pay close attention to the COVID-19 situation in China, in addition to risks from a global economic slowdown, price hikes and supply constraints,...urn:store:2:news:blog:39301https://hotcoinmarket.com/us-senate-166-trillion-govt-funding-bill-secures-enough-votes-to-advanceU.S. Senate $1.66 trillion gov't funding bill secures enough votes to advanceWASHINGTON (Reuters) - A $1.66 trillion bill to fund the U.S. government secured enough support to advance in the Senate's first procedural vote on the matter on Tuesday. Voting...urn:store:2:news:blog:39299https://hotcoinmarket.com/us-finalizes-tough-new-emissions-rules-to-cut-smog-from-heavy-duty-trucks-3U.S. finalizes tough new emissions rules to cut smog from heavy-duty trucksBy David Shepardson WASHINGTON (Reuters) - The U.S. Environmental Protection Agency on Tuesday finalized new emissions standards to drastically cut smog- and soot-forming...urn:store:2:news:blog:39298https://hotcoinmarket.com/ukrainian-groups-to-get-new-un-funds-as-winter-loomsUkrainian groups to get new UN funds as winter loomsKYIV (Reuters) - Ukrainians shivering under bombs, frost and power outages will soon get more help from a fund that funnels money to volunteers, community groups and civil society...urn:store:2:news:blog:39295https://hotcoinmarket.com/world-bank-approves-additional-610-million-in-financing-for-ukraineWorld Bank approves additional $610 million in financing for UkraineBy Andrea Shalal WASHINGTON (Reuters) -The World Bank on Tuesday said it had approved an additional financing package totaling $610 million to address urgent relief and recovery...urn:store:2:news:blog:39296https://hotcoinmarket.com/analysis-as-bank-of-japan-switches-gears-roaring-dollar-hits-the-skidsAnalysis-As Bank of Japan switches gears, roaring dollar hits the skidsBy Amanda Cooper LONDON (Reuters) - The dollar's biggest bull run in 40 years may have finally come to a screeching halt, now that the world's last dovish central bank - the Bank...