Market

Japan Extends Long Trade Deficit Run, Slow Chinese Demand Stokes Worry 0
- Market
- December 15, 2022
Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while subdued growth in exports to China fanned concern about how COVID disruptions there could impact other economies. The trade deficit came in at 2 trillion yen ($14.8 billion) – the fourth month in a row
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Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation 0
- Market
- December 14, 2022
Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday after data showed U.S. consumer price index (CPI) inflation eased more than
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Taiwan Central b=Bank Likely to Announce Another mild Rate Hike: Reuters Poll 0
- Market
- December 12, 2022
Taiwan’s central bank is expected to raise its policy rate again this week at the same mild pace as before, according to economists polled by Reuters, but as exports and inflation slow it may hold that rate steady next year to support the economy. The central bank is likely to lift the benchmark discount rate
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Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar 0
- Market
- December 12, 2022
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last week, amid growing concerns over a potential recession in 2023, which
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Walgreens Cuts Stake in AmerisourceBergen Through $q1 Billion Share Sale 0
- Market
- December 9, 2022
Walgreens Boots Alliance has sold some AmerisourceBergen (NYSE:ABC) Corp’s shares for proceeds of $1 billion, the U.S. drugstore chain said on Thursday, further cutting its ownership in the drug distributor, by 3% to about 17%. Walgreens, which will remain AmerisourceBergen’ largest shareholder, said it would use the proceeds to pay down debt and to fund
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Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger 0
- Market
- December 8, 2022
Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import
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