Australia’s central bank considered pausing hikes at December meeting, still sees more ahead
It weighed three options at its last decision this year — hiking by 50 basis points, 25 bps or pausing, but the arguments for a 25 basis-point hike prevailed.
Nikkei 225 falls more than 2% after Bank of Japan widens yield target range, yen strengthens
Markets in the Asia-Pacific traded mostly lower as the Bank of Japan modified its yield curve control tolerance range while holding its ultra-low benchmark interest rates steady.
Former Australian Prime Minister Kevin Rudd appointed ambassador to U.S.
Rudd, who speaks fluent Mandarin, has written and spoken widely on foreign relations with China since he quit politics in 2013.
‘One of my top picks for next year’: Why Evercore’s Mark Mahaney still loves Netflix
Mark Mahaney, head of internet research at Evercore ISI, brushed aside concerns over Netflix, arguing the long-term outlook remains positive.
Is China set for a rebound in 2023? Wall Street pros weigh in — and reveal how to trade it
Goldman Sachs, Morgan Stanley and more have published their outlooks for China next year.
Southeast Asian venture capital firms expect to be pickier in 2023 than in 2022
Venture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging and macro headwinds slowing down growth in 2022.
Dow closes higher to end four-day losing streak
Stocks gained Tuesday, whipsawing after an announcement from the Bank of Japan as traders fear a year-end rally may not come to fruition.
From recovery to regulation: How China’s tech giants could fare in 2023 after a bruising year
Investors cautious heading into next year in regards to Chinese tech stocks with analysts expecting regulation to be more predictable and growth to accelerate.
EV maker Lucid closes $1.5 billion raise from the Saudi public wealth fund and other investors
Electric vehicle maker Lucid Group said it has completed a planned $1.5 billion equity offering.
Amazon stock gives up last of its pandemic gains after almost 50% slump in 2022
Amazon shares have been battered this year by a broader market sell-off tied to soaring inflation, a worsening economy, and rising interest rates.
