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Equities Fall on Risk Aversion with 2023, China in Focus

NEW YORK, Dec 28 Reuters Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from China39;s relaxed COVID19 restrictions against concerns about rising infections there. The yield on benchmark U.S. 10year Treasuries rose for a third straight day, reversing an […]
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S.African Rand Flat as China COVID Spike Hits Risk Sentiment

JOHANNESBURG, Dec 29 Reuters South Africa39;s rand was flat against the dollar in early trade on Thursday, as rising COVID19 cases in China dented risk sentiment. At 0645 GMT, the risksensitive rand traded at 17.0975 against the dollar, near its previous close of 17.0925. The dollar index , which measures the greenback against six rivals, […]
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Oil Dips as China COVID Spike Dampens Demand Outlook

SINGAPORE, Dec 29 Reuters Oil prices dipped on Thursday as surging COVID19 cases in China dimmed hopes of a recovery in fuel demand for the world39;s largest crude oil importer. Brent futures for February fell 79 cents, or 1.0, to 82.47 a barrel by 0730 GMT, while U.S. crude fell 80 cents, or 1.0, to […]
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Twitter Back Online after Global Outage Hits Thousands

Dec 28 Reuters Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site39;s first apparent widespread service disruption since billionaire […]
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TSMC Starts Volume Production of most Advanced Chips in Taiwan

TAINAN, Taiwan, Dec 29 Reuters Chipmaker Taiwan Semiconductor Manufacturing Company Ltd TSMC, began mass production of its most advanced chips in southern Taiwan on Thursday and the company39;s chairman said it would continue to expand capacity on the island. The longawaited mass production of chips with 3nanometre technology comes as attention focuses on the world39;s […]
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German Exporters Prepare for a Challenging 2023

BERLIN, Dec 29 Reuters German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices making U.S. buyers cautious, the Federation of German Wholesale and Foreign Trade BGA said. The United States and China are Germany39;s most important trading partners. There will be […]
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Spains November Retail Sales Fall 0.6 on Year

Dec 29 Reuters Spanish retail sales fell 0.6 in November from a year earlier on a seasonally and calendaradjusted basis, after rising 1.0 in October, the National Statistics Institute INE said on Thursday. As shoppers grapple with the rising cost of living exacerbated by the war in Ukraine, food sales in Spain recorded an annual […]
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Thai Economy Recovers, Tourism to See Upside from Chinas Reopening C.Bank

Nov exports 5.5 yy; current acct deficit at 0.4 bln Economic activity likely to increase further in Dec C.bank sees tourism upside after China39;s reopening Says monetary policy to focus on economic conditions BANGKOK, Dec 29 Reuters Thailand39;s economy remained on the recovery path in November, boosted by increased tourism and domestic consumption while exports […]
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