Day: January 19, 2023

Dr. Martens
World News

Dr. Martens Plunges After Fresh Profit Warning

Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced to cut its forecasts once again in response to problems in North America. Dr. Martens said a variety of operational problems had created a bottleneck at its new distribution center in Los Angeles, leaving U.S. […]

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Weekly Comic: China’s Precarious Reopening
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Major Fire Hits Chilean Port, Codelco Operations Unaffected
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Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot
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Asia FX Weakens
Asia

Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets

Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to […]

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BOJ keeps Record-Low Rates Unchanged, Maintains Yield Curve Control
BOJ keeps record

The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current Read more

Asia FX inches Higher Ahead of Powell speech, China optimism Fades
ASIA FX

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Asia FX

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US discovers UK coronavirus variant in patient with no travel history
COVID-19 vaccine export may start in 2 weeks, says Serum Institute CEO Adar Poonawalla

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Economy

Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation

The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, while the kiwi was little moved by the resignation of Prime Minister Jacinda Ardern. The Aussie eased 0.4% to 0.6910%, the softest level in one week, after hitting a five-month […]

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Dollar Down as Fed Minutes, U.S. Data Weighs
Dollar down

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ASIA FX MOVES LITTLE IN ANTICIPATION OF RED-HOT U.S. INFLATION
Financial News

Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key Read more

Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
Taiwan Exports

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