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BERLIN, Jan. 6 (Reuters) – German industrial orders fell more than expected in November, falling 5.3% month-on-month on a seasonally and calendar-adjusted basis, the Federal Bureau of Statistics said on Friday. An analyst poll by Reuters had pointed to a 0.5% decline, following a revised 0.6% rise in October. The statistics office publishes a statement … Read more
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TAIPEI, Dec. 30 (Reuters) – Taiwan’s central bank said on Friday it would begin incorporating climate change risks into its inflation and economic growth models and forecasts and adjust monetary policy to promote sustainable development. Taiwan said last year it planned to reach net zero emissions by 2050 and the government has pledged to spend … Read more
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MEXICO CITY, Dec. 29 (Reuters) – The Mexican peso, which closes out 2022 with one of its strongest performances in a decade, could be wiped out in 2023 following an expected end to the Bank of Mexico rate hike cycle and a possible recession in top trading partner the United States. The peso made its … Read more
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SAO PAULO, Dec. 29 (Reuters) – Pele, the legendary Brazilian footballer who rose from barefoot poverty to one of the greatest and most famous athletes in modern history, passed away on Thursday at the age of 82. Sao Paulo’s Albert Einstein Hospital, where Pele underwent treatment, said he died at 3:27 p.m. “due to multiple … Read more
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BERLIN, Dec. 29 (Reuters) – German exporters have modest expectations for next year, anticipating problems with major customers in China due to rising COVID infections and rising prices that are making US buyers cautious, the Federation of German Wholesale and Foreign Trade (PGI) said. ). The United States and China are Germany’s most important trading … Read more
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ALMATY, Dec. 28 (Reuters) – An Iranian chess player took part in an international tournament in Kazakhstan without a headscarf on Wednesday, according to a Reuters journalist present. A Reuters witness at the FIDE World Rapid and Blitz Chess Championships in Almaty, Kazakhstan, saw Sara Khadem compete without a headscarf, a violation of Iran’s dress … Read more
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World equities 20% down in worst year since financial crisis The bond market has been hit hard by rising interest rates Wild swings in commodities and FX due to interest rate hikes and war Crypto crashes and defaults have increased volatility http://tmsnrt.rs/2yaDPgn LONDON, Dec 22 (Reuters) – Trillions of dollars wiped from world stocks, bond … Read more
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BUENOS AIRES, Dec. 20 (Reuters) – Hundreds of thousands – millions by some estimates – of ecstatic Argentines poured into the streets of Buenos Aires on Tuesday to cheer on the country’s World Cup-winning football team led by Lionel Messi after their plane landed in the hours before sunrise. The team arrived at Ezeiza airport … Read more
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JAKARTA, Dec. 15 (Reuters) – Indonesia posted a larger-than-expected trade surplus last month as imports fell unexpectedly year on year while exports slowed, official data showed on Thursday. Imports fell 1.89% year-on-year to $18.96 billion in November, compared to a forecast of a 7% increase in a Reuters poll. Southeast Asia’s largest economy posted a … Read more
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RABAT, Dec. 14 (Reuters) – Morocco’s flag carrier said it was canceling all flights it had scheduled for Wednesday to carry fans to Doha for the World Cup semi-final, citing a decision by Qatar authorities. “As a result of the latest restrictions imposed by the Qatari authorities, Royal Air Maroc regrets to inform customers of … Read more