Taiwan Export Orders Flash Warning Signal for Global Economy
Taiwan’s export orders plummeted by the most since the height of the global financial crisis more than a decade ago, a sign of worsening global demand for technology products.
Taiwan’s export orders plummeted by the most since the height of the global financial crisis more than a decade ago, a sign of worsening global demand for technology products.
In 2021, a Swedish property company was one of Europe’s top stocks. It’s ending 2022 at the very bottom of the leaderboard, with a 73% slump that underpins a sector-wide reset.
Germany slashed its consumption of Russian gas this year amid lower flows and a drive to diversify supplies after the war in Ukraine.
Mercedes is launching five electric models that fit nicely at the intersection of EV fever and SUV addiction.
Bank of Japan Governor Haruhiko Kuroda shocked markets by doubling a cap on 10-year yields, sparking a jump in the yen and a slide in government bonds in a move that helps pave the way for possible policy normalization under a new governor.
Japanese banks and insurers surged in Tokyo trading on prospects that their profitability will improve following the central bank’s surprise move to raise a cap on bond yields.
British Airways services suffered hours-long delays after a failure involving flight-planning software led aircraft to be held on the ground.
Hong Kong will allow people to enter bars without a negative rapid test, and scrapped limits on patrons for a raft of venues, as the financial hub continues to slowly loosen some of its last remaining Covid curbs ahead of a trip by the city’s leader to Beijing.
The pound has slid against the euro this year and it risks flopping again in 2023.
(Bloomberg) — With bond investors seen returning to emerging-markets en masse next year, the biggest of them all might get the shortest shrift.