Japan Dec factory activity contracts at fastest pace in 26 months

Japan's manufacturing activity shrank at the fastest pace in more than two years in December on soft demand and persistent cost pressures, a corporate survey showed on Friday.

newspaper

16-12-2022

Italian brake maker Brembo plans expansion in northern Mexico

Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand one of its factories in the northern Mexican state of Nuevo Leon, government officials said on Thursday.

newspaper

15-12-2022

Keystone pipeline break spilled diluted bitumen, complicating cleanup

(Reuters) -The oil spilled from TC Energy Corp's ruptured Keystone pipeline was diluted bitumen, the U.S. Environmental Protection Agency (EPA) said on Thursday, adding complications to the cleanup.

newspaper

15-12-2022

Australia's ANZ shareholders approve new holding structure

Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two different groups.

newspaper

15-12-2022

Exclusive-U.S. to remove some Chinese entities from red flag list soon, U.S. official says

WASHINGTON (Reuters) -The Biden administration plans to remove some Chinese entities from a red flag trade list, a U.S. official told Reuters on Wednesday amid closer cooperation with Beijing.

newspaper

15-12-2022

Hong Kong central bank raises rates after Fed hike, HSBC follows

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) said on Thursday it would raise its base rate charged through the overnight discount window by 50 basis points to 4.75%, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.

newspaper

15-12-2022

TSX futures slip ahead of key jobs data

Futures for Canada's main stock index dipped on Friday, tracking losses in bullion prices, while investors stayed on the sidelines ahead of key domestic jobs data for clues on the pace and path of future interest rate hikes.

newspaper

02-12-2022

Column-Dodging recession could whiplash markets: Mike Dolan

Recession of some sort next year is fast becoming consensus - to such an extent that financial markets could find themselves whiplashed if it doesn't materialise.

newspaper

02-12-2022

Marketmind: Why payrolls might not matter to markets

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.

newspaper

02-12-2022