Wall Street’s biggest bank CEOs, from Jamie Dimon at JPMorgan to Brian Moynihan at Bank of America, were talking a recession as the “central case” as part of earnings reports on Friday morning.
BEIJING — China’s exports and imports fell less than expected in December, the customs administration said Friday. The milder slump meant trade still grew for all of 2022.
LONDON — For a small but growing network of countries, the world’s go-to metric of economic health is no longer fit for purpose.
SINGAPORE: Japanese rubber futures edged higher on Wednesday, lifted by gains in the Shanghai market and a weaker yen, as sentiment remains mixed over easing COVID-19 curbs in top buyer China amid the country’s latest surge in cases.
Oil prices climbed as much as 2% on Monday after China signaled a broader relaxation of Covid curbs, OPEC+ announced its decision not to change oil production targets, and a price cap on Russian oil took effect.
Southeast Asia’s markets will move in a way similar to that of a “bungee jump” in 2023, plunging before surging in the second half of the year, according to JPMorgan analysts.
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