Economics
Volumes On Crypto Investment Products Plunge To 2-Year Low – CoinShares
Digital asset investment products recorded $5 million worth of cumulative weekly outflows in what CoinShares says...
Read more
Fed May Slow Or Suspend Balance Sheet Trimming In 2023 – Barclays
The Federal Reserve may have to slow or stop pruning its nearly $9 trillion balance sheet...
Read more
Toshiba’s Preferred Bidder Offered Price Below Key 6,000 Yen Per Share, Sources Say
The preferred bidder to take over Toshiba Corp (6502.T) has offered to pay less than the...
Read more
China’s State Banks Now Procuring Dollars In Swaps Market To Stabilize Yuan
China’s state banks increased their intervention to defend a falling yuan on Monday, with banking sources...
Read more
China Experiences Its “Sputnik” Moment As US Export Bans Dent Its Chip Ambitions
U.S. export bans on chip equipment to China are likely to result in its "Sputnik" moment,...
Read more
China Suggests The Idea Of ‘Asian Yuan’ To Minimize Reliance On The US Dollar
Researchers from a Chinese state-operated think tank have now floated the idea of an Asia yuan...
Read more
Turkey Supports Putin’s Gas Plan As Nord Stream Faces Lengthy Outage
Summary Nord Stream faces major repair work Turkey ready to pursue Putin gas hub plan EU...
Read more
Saudi Arabia Insists OPEC+ Oil Cut ‘Purely Economic’
Saudi Arabia rejected as "not based on facts" criticism of the latest OPEC+ decision in the...
Read more
Vladimir Putin Faults Europe For Energy Crisis As Price Cap Disrupts EU
Summary Germans, Dutch try to solve EU impasse Vladimir Putin says Russia is not responsible for...
Read more
Canada’s Economy Has A Scope To Cool With ‘Exceptionally High’ Job Openings – Central-Bank Governor
Bank of Canada Governor Tiff Macklem said there is scope to cool the economy based on...
Read more