January 2023 – Page 30 – UAG Trade Asia

Crypto.com to Cut 20 Jobs as Industry Rout Deepens after FTX Collapse

January 13, 2023
Business
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Jan 13 Reuters Crypto.com said on Friday it would be reducing about 20 of its workforce, as cryptocurrency exchanges face industrywide challenges brought on by the collapse of FTX last year. The Singaporebased company39;s announcement comes amid concerns about reserves and solvency across the sector, and only a few days after rival exchanges Coinbase Global Inc and Huobi announced […]

January 13, 2023
Business
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NEW DELHI, Jan 13 Reuters Global energy majors Chevron Corp, Exxon Mobil Corp and TotalEnergies are interested in investing in India39;s oil and gas exploration and production sector, the country39;s oil minister said in a speech on Friday. India, the world39;s third biggest oil importer and consumer, buys more than 84 of its oil needs from overseas […]

January 13, 2023
Trading Strategies
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The US dollar’s broad decline remains intact, but the slide could slow or even pause as it approaches key support area across a range of currencies. What is the outlook and the key levels to watch on some of the major currency pairs?

January 13, 2023
Uncategorized
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MADRID, Jan 13 Reuters Spanish inflation slowed down to end 2022 at 5.7 thanks to lower energy price increases, the National Statistics Institute said on Friday, a tad lower than the 5.8 figure released two weeks ago. INE, as the institute is known, attributed the inflation decline to cheaper heating oil and slower price increases […]

January 13, 2023
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Le Maire French inflation should fall to around 4 this year Livret A increase to take effect in February PARIS, Jan 13 Reuters France39;s Livret A bank savings rate held by millions of customers across the country will be raised to 3 from 2, Finance Minister Bruno Le Maire announced on Friday after the country39;s […]

January 13, 2023
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China39;s Dec exports worst since Feb 2020 Imports tumble by smaller margin amid lacklustre demand Domestic demand should slowly recover after zeroCOVID scrapped Export outlook gloomy in 2023, major threat to China39;s growth 2022 trade surplus hits record high BEIJING, Jan 13 Reuters China39;s exports shrank sharply in December as global demand cooled, highlighting risks […]

January 13, 2023
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BEIJING, Jan 13 Reuters China39;s trade with Russia hit a record 1.28 trillion yuan 190 billion last year, the government said on Friday, even as Russia39;s imports from the European Union fell on sanctions related to Moscow39;s invasion of Ukraine. China39;s 2022 exports to and imports from Russia accounted for 3 of China39;s total trade, […]

January 13, 2023
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Enel could win 5 bln euros of EU investment funding report German economy likely stagnated in Q4 stats office UK economy grows 0.1 in November STOXX 600 up 0.6 Jan 13 Reuters European shares rose on Friday and were hovering near a ninemonth high, supported by healthcare and banking stocks and upbeat economic data from […]

January 13, 2023
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BERLIN, Jan 13 Reuters German economic output stagnated in the final quarter of 2022 and grew 1.9 over the full year, data showed on Friday, adding to signs that Europe39;s largest economy may at least over the winter dodge a recession. The fullyear rise in gross domestic product GDP just beat the midrange forecast of […]

January 13, 2023
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UK GDP grows 0.1 in Nov after 0.5 Oct increase Recession would require sharp fall in Dec GDP Output still 0.3 lower than before pandemic High inflation to squeeze households in 2023 LONDON, Jan 13 Reuters Britain39;s economy unexpectedly eked out some growth in November after a boost from World Cup drinkers and video game […]

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Crypto.com to Cut 20 Jobs as Industry Rout Deepens after FTX Collapse

Chevron, Exxon and Total Keen to Invest in India, Minister

US Dollar Technical Outlook: Slide Showing Signs of Fatigue?

Spains Inflation Slows, Ends 2022 at 5.7

French Increases TaxFree Livret A Bank Savings Rate to 3

Chinas Trade Tumbles Sharply in Dec, Clouds 2023 Growth Outlook

Chinas 2022 Trade with Russia Hit Record 190 bln Customs

European Stocks Head for Second Weekly Gain

German Economy Stagnated in Q4, Escaping Recession for Now

World Cup Drinkers Boost UK GDP, Easing Recession Risk

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