Other news

Amazon has recently made an announcement that it wants to launch a new infrastructure region in Asia-Pacific. In Thailand, to be more precise.

On Monday, Britain's new finance minister announced a reversal of most of the tax-and-spending measures that the British government had previously come up with.

During his two-hour opening speech at the Communist Party Congress, Xi Jinping made no sweeping proposals for China's economic recovery, ranging from problems related to the real estate crisis to rising youth unemployment.

Carlos Hernandez, serving as chairman of investment and corporate banking, is expected to retire at the end of the first quarter of 2023. This was reported by U.S. financial conglomerate JPMorgan Chase & Co on Monday.

According to a statement made by Deputy Governor at the Reserve Bank of Australia Michele Bullock, despite the unexpected choice made by the RBA this month to change rates by 0.25%, the main trajectory of policy rate in Australia has been steeper than in most other major economies.

The yen has moved closely to a highly watched level of 150 per dollar, keeping investors in alert for possible interventions aimed at supporting the Japanese currency. At the moment, the yen is roaming around the level of 149 per dollar.

Oil prices were flat Tuesday as the market weighed signs of a tightening crude supply amid growing fears that a global economic slowdown will reduce oil demand this year.

The president's executive office intends to release at least another 10-15 million barrels of oil from the strategic reserve (SPR) in case of an emergency to balance markets and prevent further increases in gasoline prices.

It was revealed that the papers submitted by the planemaker Boeing for certification of its 737 MAX 7 airliner, don’t contain all the necessary documents, and some of the documents require review by the manufacturer. Boeing was informed about this by the US Federal Aviation Administration.

The start of sales of government bonds worth billions of pounds is likely to be postponed by the Bank of England for a longer period. According to the Financial Times, this measure is necessary in order to stabilize government bond markets after the failure of the British "mini-budget".