January 2023 – Page 15 – UAG Trade Asia

South Korean Exports Fall 2.7 in Jan 120 Period

January 23, 2023
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Reuters South Korea39;s exports for the first 20 days of January fell 2.7 from a year earlier, but the pace of drop was slower than that recorded in December, customs data showed on Saturday. In December, South Korean exports fell 9.0 onyear during the first 20 days and declined 9.6 for the full month, as […]

January 23, 2023
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India39;s urban unemployment rises to 10.1 in Dec CMIE Hiring slows in IT, retail, manufacturing amid global slowdown High unemployment pose challenge in state, general elections Young workers looking for good quality jobs as living costs rise Economists warn of high unemployment impact on growth prospects FARIDABAD, India, Jan 20 Reuters Ravi Verma, hired by […]

January 23, 2023
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ISTANBUL, Jan 23 Reuters Turkey39;s consumer confidence index rose 4.6 to 79.1 points in January, official data showed on Monday, increasing again after a month with marked improvements in confidence for households and the economic situation. The biggest rise in confidence was seen in the current financial situation of households, which rose 7.4 in January […]

January 23, 2023
Politics
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BOGOTA, Jan 20 Reuters Colombia39;s central bank board will once again raise its benchmark interest rate at its meeting next week on persistent inflation which has endured despite signs of slowing growth, preliminary findings in a Reuters poll showed on Friday. Eight of 15 analysts surveyed said the sevenmember board will increase borrowing costs by […]

January 23, 2023
Finance
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JPMorgan Chase & Co. reported $20.2 billion in net interest income (NII) in the fourth quarter of 2022, improving on the $17.6 billion in third-quarter NII.

January 23, 2023
Finance
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LONDON, Jan 23 Reuters Sterling hit a sevenmonth high against the dollar in Asian hours on Monday supported by economic data that showed the British economy was performing better than feared and that also drove expectations of more interest rate increases. The pound hit 1.24475 in early trading on Monday, its highest level since June […]

January 23, 2023
Finance
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FTSE 100 up 0.1, FTSE 250 adds 0.4 Jan 23 Reuters UK39;s main stock edged higher rose on Monday as positive corporate updates helped offset the gloom around the region39;s economic outlook, with shares of National Express surging after a contract win. The bluechip FTSE 100 edged up 0.1 to 7,778.0 after posting a loss last […]

January 23, 2023
Finance
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Tech follows U.S. peers higher Hawkish ECB boosts euro, banks Symrise slides on EBITDA miss Jan 23 Reuters European stocks edged higher on Monday, lifted by technology and mining shares, as expectations of a mild recession in the euro zone offset hawkish remarks from European Central Bank ECB officials that sent the euro to a […]

January 23, 2023
Finance
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LONDON, Jan 23 Reuters The euro hit a ninemonth peak against the dollar on Monday as comments on European interest rates signalling additional jumbo rate rises contrasted with market pricing for a less aggressive Federal Reserve. The euro reached as high as 1.0927 , breaking the recent peak of 1.08875, to trade at its highest […]

January 23, 2023
Finance
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MILAN, Jan 23 Reuters Shares in Intesa Sanpaolo rose 3 in early trade on Monday after Italy39;s top bank reassured investors on its capital buffers and ability to reward investors as planned, despite supervisory concerns over internal models to assess risks. Intesa said late on Friday it would end the year with a core capital ratio of around […]

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South Korean Exports Fall 2.7 in Jan 120 Period

Despite Indias Economic Growth, Few Jobs and Meagre Pay for Urban Youth

Turkish Consumer Confidence Rises to 79.1 Points in January

Colombia Central Bank to Raise Rate to 13

JPMorgan cautiously optimistic on net interest income growth in 2023

Sterling Touches SevenMonth Peak in Early Trade

UK Stocks Higher, National Express Jumps on Contract Win

Tech Lifts European Shares Despite Hawkish ECB Signals

Euro Scales 9Month Peak as ECB Hawks Let Fly

Shares in Italys Intesa Rise after Reassurances on Capital, Paybacks

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