Investment into China slumped in the final two months of last year by the most on record as the government made its chaotic exit from Covid Zero and infections spread across the country.
Some thermal coal producers in one of the world’s biggest suppliers will be asked to hold back more fuel for local use.
None of the names touted as the next Bank of Japan chief command the same authority in markets as Governor Haruhiko Kuroda, which will invite some investors to push even harder for higher bond yields, according to John Vail, chief global market strategist for Nikko Asset Management.
New Zealand’s Jacinda Ardern has announced her shock resignation just months before she was expected to run for a third term in office, saying she no longer has the energy or inspiration to continue as the country’s Prime Minister.
New Zealand Prime Minister Jacinda Ardern announced she is stepping down in a shock resignation ahead of a general election later this year.
Australian employment unexpectedly fell last month while the jobless rate remained unchanged, sending the currency and bond yields lower as traders pared bets on a February interest-rate increase.
Japan’s trade deficit narrowed more than expected in December in a sign that the impact from the weak yen and high energy costs has begun to soften.
The US plans to send about 100 Stryker armored vehicles to Ukraine as part of a new package of military aid worth about $2.5 billion, adding another more powerful weapons system that it had previously withheld, people familiar with the matter said.
Brazil’s President Luiz Inácio Lula da Silva downplayed the importance of an independent central bank, addressed the country’s inflation target and vowed to see that the Jan. 8 rioters are brought to justice in a wide-ranging interview with Globo TV on Wednesday.
Asia hedge funds narrowly averted their first year of double-digit losses since the 2008 financial crisis after China’s sudden easing of Covid restrictions spurred a late market rally.
