Mining The Markets

February 26, 2023

Market Mind: Reality bites

BY Reuters  • February 26, 2023February 27, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A wave of selling is likely to crash over Asian markets on Monday following a sobering end to the week[...]
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Asia Business Economy US

Iran rial plunges to new lows amid unrest, international isolation

BY Reuters  • February 26, 2023February 26, 2023
DUBAI (Reuters) – Iran’s currency fell to a record low against the U.S. dollar on the unofficial market on Sunday, amid the country’s increasing isolation over its disputed nuclear p[...]
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Asia Economy Middle East Politics US

Australia’s treasurer says curbing inflation remains economic ‘main game’

BY Reuters  • February 26, 2023February 26, 2023
SYDNEY (Reuters) – Australia’s Treasurer Jim Chalmers said on Sunday that stubbornly-high inflation in the country has likely peaked, but conceded it remains a big economic challenge. Infl[...]
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Asia Australia Economy

With backing from business lobby, Japan PM calls for workers’ pay hikes

BY Reuters  • February 26, 2023February 26, 2023
TOKYO (Reuters) – Japan must spread the momentum of wage growth across the country to conquer rising inflation as annual labour negotiations wrap up next month, Prime Minister Fumio Kishida said[...]
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Asia Business Economy Politics

Iran’s currency slides to record low as savers buy dollars

BY Reuters  • February 26, 2023February 26, 2023
DUBAI (Reuters) – Iran’s rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worri[...]
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Asia Economy Middle East Politics

Most G20 nations condemn Russia for war, China silent

BY Reuters  • February 26, 2023February 26, 2023
By Aftab Ahmed, Shivangi Acharya and Sarita Chaganti Singh BENGALURU, India (Reuters) – Finance chiefs of the world’s largest economies strongly condemned Moscow for its war on Ukraine on[...]
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