December 2022 - Everything-Gulf

BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei

Administrator_IndiaDecember 31, 2022December 31, 2022

The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on...

Economic News

Indonesia Issues Emergency Regulation to Replace Controversial Job Creation Law

Administrator_IndiaDecember 30, 2022December 30, 2022

Indonesia's President Joko Widodo has signed an emergency regulation to replace the controversial job creation law, his chief economics minister said on Friday, a law that the Constitutional Court had...

India

Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections

Administrator_IndiaDecember 29, 2022December 29, 2022

Indian Prime Minister Narendra Modi's move to effectively halve food rations to the poor ahead of state polls next year and a general election in 2024 is fiscally sound, but...

Market

Japan to Make Raising Wages a Top Priority, Says Senior Govt official

Administrator_IndiaDecember 28, 2022December 28, 2022

Japan's government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday. "The biggest challenge for Japan's economy...

Market

Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104

Administrator_IndiaDecember 26, 2022December 26, 2022

Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. domestic production slid 3.3% to 266,174 vehicles, while overseas...

OIL

Mexico’s Newest Oil Refinery Now Seen Working At Half Capacity in Mid-2023

Administrator_IndiaDecember 24, 2022December 24, 2022

Mexican state oil company Pemex's newest refinery will reach half of its crude processing capacity in July, the national president said on Friday, marking the latest shift in timing for...

Market

Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump

Administrator_IndiaDecember 23, 2022December 23, 2022

The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in...

World

Chile Fires hit Port and Coastal City, Two Dead

Administrator_IndiaDecember 23, 2022December 23, 2022

A major fire broke out at Chile's Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but the company said on Thursday operations have not been affected....

OIL

Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

Administrator_IndiaDecember 22, 2022December 22, 2022

Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy holiday season, although caution ahead of...

Asian Stocks

Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips

Administrator_IndiaDecember 21, 2022December 21, 2022

Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested...

Month: December 2022

BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei

Indonesia Issues Emergency Regulation to Replace Controversial Job Creation Law

Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections

Japan to Make Raising Wages a Top Priority, Says Senior Govt official

Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104

Mexico’s Newest Oil Refinery Now Seen Working At Half Capacity in Mid-2023

Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump

Chile Fires hit Port and Coastal City, Two Dead

Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips

Audi Ex-Boss Becomes First VW Board Member Sentenced Over Diesel Scandal

Tesla Stock Is No Longer a Buy At Goldman Sachs; Shares Slip

Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

Can HDFC AMC make it Back to The MSCI Index After Abrdn Stake Sale?

Audi Ex-Boss Becomes First VW Board Member Sentenced Over Diesel Scandal

Tesla Stock Is No Longer a Buy At Goldman Sachs; Shares Slip

Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

Can HDFC AMC make it Back to The MSCI Index After Abrdn Stake Sale?

Stocks Rally Stalls, Eyes Powell Testimony For Rate Clues

Global banks raise forecast to 4% peak for key ECB rate

4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Nikkei Closes Above 33,000 For The First Time In 33 Years

European Stock Futures Edge Higher; Central Bank Decisions Seen Key

Kim Kardashian seeks Secret of Private Equity Success As Rising Rates Bite

Asian Stocks Dip As Markets Weigh Fed Fears, China Stimulus Hopes