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UN’s COP15 summit aims for global pact to ensure there will be ‘more nature’ by 2030More than 10,000 policymakers, experts and activists are set to discuss ways to head off what scientists call the sixth mass extinction. Read more at straitstimes.com. Stay within 800 meters or else.......
Source: STForeignDesk - 🏆 4. / 71 Read more »
Stocks suffer biggest drop in two weeks; dollar gains on upbeat US dataSINGAPORE : Asian stocks logged their sharpest declines in two weeks but the dollar held on to gains following strong U.S. data that again suggested the Federal Reserve might stick longer with aggressive interest rate increases.While investors stayed hopeful of China's economy improving with the easing of
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Stocks ease from 3-month highs, dollar firms up on strong US dataSINGAPORE : Asian stocks retreated from three-month highs and the dollar held on to gains following strong U.S. data that again suggested the Federal Reserve might stick longer with aggressive interest rate increases.While investors remained hopeful of China's economy improving with the easing of the coun
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan Oct household spending rises 1.2% year/yearTOKYO : Japanese household spending rose 1.2 per cent in October from a year earlier, government data showed on Tuesday, compared with a median market forecast for a 1.0 per cent increase.To view the data on the website of the Ministry of Internal Affairs and Communications, click here: Methinks misleading as in the Japanese gov is making it up as it goes along. The Yen has fallen approx somewhat north of 20% by Oct 2022 compared with last year. I know Japan not big in imports, but pretty sure overall household spending has gone up. Especially in energy cost.1/2 Not saying the Jap Gov lies about inflation numbers & even household spending numbers. Everbody as in near or all nation states lies about it. If household spending did not rise significantly then it means Japanese households have dial back very signifiicantly on living stds 2/2
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Will US Fed go ahead with plans to trim interest rate hikes, or shift back to inflation fighting mode?US markets ended Monday lower, as investors believe the better-than-expected data from the services sector could lead the Federal Reserve to stick with its aggressive interest rate increases.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea's FX reserves post biggest monthly gain in 13 on weaker dollarSEOUL : South Korea's foreign exchange reserves increased in November for the first time in four months and by the largest amount in 13 months, central bank data showed on Monday, as the U.S. dollar retreated from a two-decade high scaled in October.The country's FX reserves stood at $416.10 billion at th
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »