News
China’s exports slump less than expected in December
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.
The world’s in a ‘polycrisis’ — and these countries want to quash it by looking beyond GDP
LONDON — For a small but growing network of countries, the world’s go-to metric of economic health is no longer fit for purpose.
Japanese rubber futures climb on Shanghai gains
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 rose as much as 2% on hopes of China’s reopening and as OPEC+ maintains output cut targets
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 Asian markets are in for a ‘bungee jump’ in 2023, says JPMorgan
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.
Thai rate hikes to be gradual and measured - c.bank minutes
BANGKOK, Dec 14 (Reuters) - Thailand's rate committee raised its key interest rate late last month and said further monetary tightening will be gradual and measured, but can be adjusted if necessary, minutes of the meeting showed on Wednesday.
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