Updated

Foreign inflows into Asian bonds drop to 11-month low in November

14 Dec 2021

By Gaurav Dogra (Reuters) – Asian bonds received their smallest foreign inflows this year in November, amid rising prospects of quicker unwinding of stimulus measures by the U.S. Federal Reserve and caution about economic uncertainties from the Omicron coronavirus variant. Overseas investors purchased a combined net total of $1.22 billion in South Korean, Thai, Indian, …

Foreign inflows into Asian bonds drop to 11-month low in November Read More »

Indian shares fall on inflation worries, eye global cenbank decisions

14 Dec 2021

By Sethuraman N R BENGALURU (Reuters) -Indian shares fell on Tuesday, dragged down by auto and financial stocks, amid growing fears of surging inflation in the country and ahead of a series of major central bank meetings this week, including the U.S. Federal Reserve. The blue-chip NSE Nifty 50 index closed 0.25% lower at 17,324.90 …

Indian shares fall on inflation worries, eye global cenbank decisions Read More »

Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China

14 Dec 2021

By Humeyra Pamuk JAKARTA (Reuters) – Secretary of State Antony Blinken touted on Tuesday a U.S. strategy to deepen its Asian treaty alliances, offering to boost defence and intelligence work with partners in an Indo-Pacific region increasingly concerned over China’s “aggressive actions”. On a visit to Indonesia, Blinken called the Indo-Pacific the world’s most dynamic …

Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China Read More »

Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China

14 Dec 2021

By Humeyra Pamuk JAKARTA (Reuters) – Secretary of State Antony Blinken touted on Tuesday a U.S. strategy to deepen its Asian treaty alliances, offering to boost defence and intelligence work with partners in an Indo-Pacific region increasingly concerned over China’s “aggressive actions”. On a visit to Indonesia, Blinken called the Indo-Pacific the world’s most dynamic …

Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China Read More »

Euro zone production rises in Oct on capital, consumer goods

14 Dec 2021

BRUSSELS (Reuters) – Euro zone industrial production rose as expected in October, data showed on Tuesday, with capital and durable consumer goods up the most on the month and non-durable goods output in the lead year-on-year, amid continued economic recovery. The European Union’s statistics office Eurostat said industrial production in the 19 countries sharing the …

Euro zone production rises in Oct on capital, consumer goods Read More »

A year after first U.S. shots, pandemic hallmarks re-emerge

14 Dec 2021

(This Dec. 10 story corrects to read “Thomas” in paragraph 17 instead of “Sanders”) By Andrew Hay, Shannon Stapleton and Peter Szekely TAOS, N.M. (Reuters) – (This December 10 story corrects to read “Thomas” in paragraph 17 instead of “Sanders”) Nearly a year after COVID-19 vaccines were first administered in the United States, the country …

A year after first U.S. shots, pandemic hallmarks re-emerge Read More »

Australia battery metals players eye S. Korea market prospects

14 Dec 2021

By Byron Kaye and Hyonhee Shin SYDNEY/SEOUL (Reuters) -Australian producers of battery metals hope to out-muscle China and become a key supplier to Korea for electric vehicles, they said on Tuesday after a meeting with South Korea’s president in Sydney. The heads of aspiring metals miners met President Moon Jae-in during a visit in which …

Australia battery metals players eye S. Korea market prospects Read More »

U.S. storms make 2021 one of most costly years for insurers – Swiss Re

14 Dec 2021

FRANKFURT (Reuters) -Hurricane Ida and a winter storm that brought freezing temperatures to Texas made 2021 one of the costliest years on record for insurers, Swiss Re said on Tuesday. It also warned of bigger losses in years to come as populations and industry face the prospect of increasingly severe weather events https://www.reuters.com/markets/commodities/killer-heatwaves-floods-climate-change-worsened-weather-extremes-2021-2021-12-13 amid climate …

U.S. storms make 2021 one of most costly years for insurers – Swiss Re Read More »

In year-end meetings, top central banks may diverge over inflation, Omicron

14 Dec 2021

By Howard Schneider and William Schomberg (Reuters) – Major central banks meet this week to assess risks from the new Omicron variant of the coronavirus even as they consider reducing emergency measures put in place nearly two years ago to fight the pandemic’s economic toll. The global balancing act begins Tuesday when the Federal Reserve …

In year-end meetings, top central banks may diverge over inflation, Omicron Read More »

Close Bitnami banner
Bitnami