Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
World Bank’s Banga calls for record replenishment of fund for poorest countries
By David Lawder (Reuters) - World Bank President Ajay Banga on Wednesday called on member countries to make the next replenishment of the lender's fund for the world's poorest countries the largest ev...
Dec 06, 2023
Column-Deflating ‘QT cushion’ may have raised red Fed flag: Mike Dolan
By Mike Dolan LONDON (Reuters) - Any real economy crunch from the U.S. Federal Reserve's balance sheet rundown may have been softened to date, but the air is rapidly escaping from one of its key cushi...
Dec 06, 2023
China’s exports slump seen slowing as pockets of demand emerge- Reuters poll
By Joe Cash BEIJING (Reuters) - Declines in China's exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world's second-largest economy may be findi...
Dec 06, 2023
Marketmind: Optimism over peaking rates propels stocks
A look at the day ahead in European and global markets from Kevin Buckland European stocks are set for a bullish start if they follow the Asia-Pacific lead, buoyed by a drop in bond yields on deepenin...
Dec 06, 2023
Thai business group keeps 2023 growth forecast at 2.5%-3.0%
BANGKOK (Reuters) - Thailand's economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday. Tourism revenue will be lower t...
Dec 06, 2023
Twitch to shut down in South Korea due to high costs
(Reuters) - Amazon's streaming unit Twitch on Tuesday said it will shut down operations in South Korea in February next year, due to high operating costs and network fees. "Twitch has been operating i...
Dec 05, 2023
Nvidia to develop new chips that comply with US export regulations
SINGAPORE (Reuters) - Nvidia will continue to develop a new set of products that comply with U.S. government regulations involving exports of high-end chips to China, CEO Jensen Huang said on Wednesda...
Dec 05, 2023
Asia stocks gain as lower bond yields buoy tech; oil sags
By Kevin Buckland TOKYO (Reuters) - Asia-Pacific equities gained on Wednesday as bets firmed for a peak in interest rates among major central banks globally, as bond yields continued to decline. Japan...
Dec 05, 2023
BOJ must carefully time, design exit from low rates -deputy gov Himino
By Leika Kihara TOKYO (Reuters) - Bank of Japan (BOJ) Deputy Governor Ryozo Himino said the central bank must determine the timing and appropriate design of an exit from ultra-loose monetary policy wi...
Dec 05, 2023
Oil prices fall on China concerns, scepticism on OPEC+ cuts
BEIJING (Reuters) - Oil prices fell in Wednesday Asian morning trading as markets continue to doubt the impact of OPEC+ cuts and take cues from a worsening demand outlook in China. Brent crude futures...
Dec 05, 2023
