Category Archives:
Analysis-Japanese insurers likely to provide tailwind to yen as BOJ shifts
By 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 surprise tweak to yie...
Dec 21, 2022
Philippines street transforms into Christmas wonderland with Santas and snowfall
MANILA (Reuters) - A regular residential street in the Philippines has been transformed into a Christmas wonderland, drawing a throng of daily visitors with its dazzling lights, festive decorations an...
Dec 21, 2022
European shares climb as consumer discretionary, healthcare firms gain
(Reuters) - European shares rose on Wednesday, lifted by healthcare and consumer discretionary firms, as investors headed into the holiday season on an upbeat note. The region-wide STOXX 600 index was...
Dec 21, 2022
Swedish think tank NIER predicts economy will contract by 1.1% in 2023
STOCKHOLM (Reuters) - Sweden's economy will likely contract next year as high inflation and rising interest rates weigh on households and businesses, the National Institute of Economic Research (NIER)...
Dec 21, 2022
UK public borrowing hits record 22 billion pounds in November
By David Milliken LONDON (Reuters) -British public borrowing rose to its highest for any November since records began, at 22.017 billion pounds ($26.77 billion), reflecting higher costs for energy sub...
Dec 21, 2022
World Bank releases $100 million for Zambia amid delays in debt restructuring
LUSAKA (Reuters) -The World Bank is releasing $100 million for Zambia amid substantial delays in its debt restructuring efforts as its creditors drag their feet, it said on Wednesday. The World Bank a...
Dec 21, 2022
Philips says tests on recalled products show limited health risks
AMSTERDAM (Reuters) - Dutch health technology company Philips on Wednesday said independent tests on its respiratory devices involved in a major global recall had shown positive results. The company i...
Dec 21, 2022
German employment outlook for Q1 2023 is positive – Ifo
BERLIN (Reuters) - The outlook for employment in Germany, Europe's largest economy, is positive for the first quarter of next year, the Ifo economic institute said on Wednesday. German unemployment ro...
Dec 21, 2022
German consumer sentiment maintains upward trajectory -GfK
BERLIN (Reuters) - German consumer sentiment is set to extend its recovery heading into the new year as government relief measures meant to take the bite out of soaring energy prices seem to be having...
Dec 21, 2022
Column-Forecasts become a vortex of guesswork: Mike Dolan
By 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 flow of the business cy...
Dec 21, 2022
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