By Jamie McGeever ORLANDO, Fla. (Reuters) -The notion that higher interest rates would slam stocks has been turned on its head by Wall Street’s resilience to the most dramatic upward repricing o[...]
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February 17, 2023
With Japan’s new central bank boss, Kishida bids farewell to Abenomics
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – For Prime Minister Fumio Kishida, Japan’s next central bank chief had to symbolise a departure from the unconventional policies of h[...]
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Thai Q4 GDP unexpectedly falls, 2023 outlook trimmed
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy unexpectedly contracted in the final quarter of 2022 as a rebound in the vital tourism sector was unable[...]
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Japan consumer inflation rate seen accelerating to over 41-year high: Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer prices likely accelerated to a more than 41-year high in January, a Reuters poll of 19 economists showed, reflecting companies[...]
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Australia’s central bank says more rate pain needed to tame inflation
By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker again projected further interest rate rises in coming months and said the pain was worth bearing to bring inflation down. Speaking[...]
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Japan finance minister says BOJ nominees picked with eye on price goal
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government picked academic Kazuo Ueda as new central bank governor on expectations he can help keep inflation on target and sustain economic[...]
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Singapore’s Jan non-oil domestic exports fall 25% y/y
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) declined 25% year-on-year in January, led by falls in both electronics and non-electronic products. This was a steeper dec[...]
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U.S. concerned about debt Pakistan owes China, official says
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – The United States is concerned about debt owed to China by Pakistan and other countries, U.S. State Department Counselor Derek Chollet said on Th[...]
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Hedge funds’ short-covering of tech bets is 2nd biggest in a decade – banks
By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those trades in the first half of February as markets rallied, data from Goldm[...]
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