- A look at the day ahead in Asian markets from Jamie McGeever. Purchasing managers index data will be the key economic driver for Asian markets this week, but the tone will be set by the increasingly tense political situation in China.
A look at the day ahead in Asian markets from Jamie McGeever. Thousands of people are taking to the streets in several cities across the country in an unprecedented protest against the government's stringent COVID restrictions after a deadly apartment fire in Urumqi in the country's far west.
China has agreed to restructure Cuban debt and provide new trade and investment credits to the beleaguered Caribbean Island nation after a meeting in Peking between the two Communist countries' leaders.
At least seven people, including a newborn baby and two children, were killed on the southern Italian holiday island of Ischia after a landslide caused by torrential rain devastated a small town, an official said on Sunday. Five people were still missing, Naples prefect Claudio Palomba told a news conference.
Bank of Japan Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, seeking ways to nurture the country's growing climate finance market. An initial survey in August showed "strong demand" in Japan for "green" bonds and other environmental, social and governance debt instruments, Amamiya said.
Profits at China's industrial firms fell 3.0% in January-October from a year earlier, after a 2.3% slump in the first nine months, according to data from the National Bureau of Statistics released on Sunday. The bureau did not report standalone figures for October.
Argentina on Friday announced a more generous exchange rate for U.S. dollars brought in through soy exports until the end of the year, seeking to rev up exports of its top cash crop and bring much-needed dollars to central bank coffers.
- Wall Street's biggest banks told the Federal Reserve ahead of its November policy meeting that they had increased their estimation of how far the central bank would raise rates. The banks, called primary dealers, said the Fed would raise its overnight target rate to a peak of 4.875% by March, according to a survey released Friday by the New York Fed.
* TSX ends up 39.7 points, or 0.2%, at 20,383.77. * Posts highest closing level since June 9. * For the week, the index advances 2% * Utilities rise 1.2%; financials gain 0.3% By Fergal Smith.
Argentina will reestablish a preferential currency exchange for soybean exports until the end of the year, economy ministry sources said on Friday, looking to rev up exports of its top cash crop and bring in much-needed dollars.
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