December 2023 – Page 45 – UAG Trade Asia

Chinas Exports Grow for 1st Time in 6 mths in relief for Factories

December 7, 2023
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BEIJING, Dec 7Reuters China39;s exports grew for the first time in six months in November, suggesting factories in the world39;s secondlargest economy are attracting buyers through discount pricing to get over a prolonged slump in demand. Mixed manufacturing data for November has kept alive calls for further policy support to shore up growth but also raised questions […]

December 7, 2023
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LONDON, Dec 7 Reuters Britain39;s labour market remains tight, despite a fall in job postings by employers over the course of 2023 and broader weakness in the economy, figures from recruitment platform Indeed showed on Thursday. At the start of December last year, there were 48 more job postings on Indeed than before the COVID19 […]

December 7, 2023
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LONDON, Dec 7 Reuters British house prices rose for a second month in a row in November, figures from major mortgage lender Halifax showed on Thursday, adding to signs that the past year39;s fall in house prices is bottoming out. Halifax, part of Lloyds Banking Group, said house prices rose 0.5 in November on a […]

December 7, 2023
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BERLIN, Dec 7 Reuters German industrial production unexpectedly fell in October compared to the previous month, the federal statistics office said on Thursday, marking the fifth monthly decline in a row. Industrial output declined 0.4 on the month. Analysts polled by Reuters had predicted a 0.2 rise. The drop was due largely to a decline […]

December 7, 2023
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Italy signed pact in 2019 expecting big boost to exports Hopedfor economic gains did not materialise Rome says still expects good relations with Beijing ROME, Dec 6 Reuters Italy has officially informed China that it is leaving the Belt and Road Initiative BRI, dismissing fears the decision could sour relations and damage the Italian economy, […]

December 7, 2023
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BEIJING, Dec 7 Reuters ChinaRussia trade hit 218.2 billion during JanuaryNovember, Chinese customs data showed on Thursday, achieving the goal that had been set by the two countries in 2019 a year ahead of schedule. The twoway trade value in the first 11 months also surpassed the total for all of 2022, according to the data […]

December 7, 2023
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BERLIN, Dec 7 Reuters Despite falling inflation and rising collectively agreed wages, many Germans face a reduction in spending power this year, data from the Institute of Economic and Social Research WSI of the Hans Boeckler Foundation showed on Thursday. Collectively agreed wages will have risen by an average of 5.6 in nominal terms in […]

December 7, 2023
Oil
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BEIJINGSINGAPORE, Dec 7 Reuters Oil prices reclaimed some ground on Thursday after tumbling to a sixmonth low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the U.S. and China. Brent crude futures rose 27 cents, or 0.4, to 74.56 a barrel by 0613 GMT. U.S. West Texas Intermediate […]

December 7, 2023
Business
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SYDNEY, Dec 7 Reuters Australia39;s Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A80 billion 52 billion global oil and gas giant, as consolidation among international energy firms intensifies. Combining two of Australia39;s largest oil and gas producers would be the largest corporate deal in the country for several years, during which […]

December 7, 2023
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Dec 7 Reuters Trading app operator Robinhood Markets Inc said on Thursday it has launched commissionfree crypto trading to customers in the European Union. It is the only custodial crypto platform where customers will get a percentage of their trading volume back every month, paid in Bitcoin BTC, Robinhood said in a blog post. The app […]

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Chinas Exports Grow for 1st Time in 6 mths in relief for Factories

UKs Hot Labour Market Shows Sign of Cooling Indeed Data

UK House Prices Rise again after Months of Falls Halifax

German Industrial Output Falls Unexpectedly in October

Italy Tells China it is Leaving Belt and Road Initiative

ChinaRussia Trade Hits 218B in JanNov

Many German Employees Still Face Real Wage Losses in 2023 WSI

Oil Rebounds from SixMonthLow but Demand Concerns Linger

Woodside, Santos in Talks to form 52B Australian Oil Giant

Robinhood Launches CommissionFree Crypto Trading in EU

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