Newsletter Feb 20, 2023
UK property asking prices show weakest February gain on record: Rightmove

Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a month which normally sees a big seasonal increase, data from property website Rightmove showed on Monday.


Oil prices little changed, nurse last week's losses on improved supplies

Oil prices were little changed in early Asian trade on Monday, after settling down $2 a barrel on Friday, as rising supplies in the United States and forecasts of more interest rate hikes cooled optimism over China's demand recovery.


 
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Dollar buoyant as robust U.S. data keep Fed hawks in control

The dollar was on the front foot on Monday, supported by a strong run of economic data out of the United States that traders bet will keep the Federal Reserve on its monetary policy tightening path for longer than initially expected.

Asia shares muted by unease over Fed, BOJ policy

Asian shares got off to a subdued start on Monday as a U.S. holiday made for slow trading.

Facebook-owner Meta to roll out paid subscription

Meta Verified will be rolled out in Australia and New Zealand this week before coming to markets in the United States and other countries.

Earthquake sends tremors through Turkey's fragile economy

Earthquake sends tremors through Turkey's fragile economy

US, South Korea stage joint air exercise after North Korea's ICBM launch

The United States and South Korea held a joint air exercise involving U.S.

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living.

At job fairs in China, employers are thrifty and applicants timid

China's job fairs are making a comeback after being forced online by COVID-19 for three years, but subdued wages and less abundant offerings in sectors exposed to weakening external demand point to an uneven and guarded economic recovery.

Ex-US President Jimmy Carter receiving hospice care at home

Former US President Jimmy Carter receiving hospice care at home

Rio holds first all-out carnival since Covid

Rio holds first all-out carnival since Covid

Fans group says any new Man Utd owner must respect 'rights of all people'

United, one of the most successful clubs in English football history, have failed to win any silverware since 2017

UK police find body after woman's mystery disappearance

Bulley's family had rejected the police hypothesis that she may have taken her own life

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