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S Korea exports accelerate as shipments to US overtake China for first time

China remains South Korea's biggest trading partner by a large margin given the scale of Seoul's imports from the world's second-largest economy

China home sales fall again as policy shifts fail to stem decline

China's prolonged housing downturn has weakened the economy and hurt developers that are struggling to repay debts and complete projects

US jobs numbers to show payrolls increase by 170k, eases pay growth

The median forecast in a Bloomberg survey of economists also calls for a 3.9% increase in average hourly earnings from a year earlier, the smallest annual gain since mid-2021

China's factory activity contracts more than expected for 3 months in a row

The official manufacturing purchasing managers index declined to 49 in December, from 49.4 in November, the National Bureau of Statistics said in a statement on Sunday

China abruptly ousts nine military lawmakers as defense purge widens

The nation's top legislative body revoked the lawmakers' membership during a Friday meeting, the official Xinhua News Agency reported

Billionaire Gustavo Cisneros, who defined Venezuela business, dies at 78

His death was confirmed by the Cisneros Group, without providing additional details

'Everyone got burned': Wall Street missed great stock rally of 2023

Blended together, these three calls - sell US stocks, buy Treasuries, buy Chinese stocks - formed the consensus view on Wall Street

Combined net worth of 500 richest surges by $1.5 trn in 2023, Musk leads

No one did better than Elon Musk, who recaptured the title of world's richest person from French luxury tycoon Bernard Arnault. The Tesla chief executive officer netted an additional $95.4 billion

US 10-year yield poised to end 2023 at almost exactly where it started

It's an almost farcical conclusion to 12 months of trading that saw rates on the benchmark - a global anchor for markets and US mortgage rates - tumble to as low as 3.25 per cent

Goldman Sachs beats JP Morgan to emerge best provider for merger advice

The bank ended up with a 31% share of the global take for merger advice, edging past JPMorgan Chase & Co., which was in the lead at the year's midpoint, according to data compiled by Bloomberg

Brics to grow as Saudi, Iran, UAE, Egypt, Ethiopia join ranks on Jan 1

Current members Brazil, Russia, India, China and South Africa in August invited six other nations to become part of their group, pairing some of the planet's largest energy producers

Oil limps into 2024 as Opec+ and war fail to prevent annual drop: Report

Brent crude edged higher toward $78 a barrel Friday, but is set to close 2023 about $8 below where it started the year

First made-in-China cruise ship to set sail from Shanghai to S Korea

The Adora Magic City will depart from its home port of Shanghai Monday for a six-day trip that will take in South Korea's Jeju island and the Japanese cities of Nagasaki and Fukuoka

US tries to persuade shippers to sail Red Sea despite Houthi attacks

The Pentagon is engaged with industry on a near-daily basis to gauge needs and provide reassurance that the international community is there to help with safe passage

Huawei sales near $100 billion in year of semiconductor chip breakthroughs

Sales jumped to more than 700 billion yuan ($98.7 billion), their fastest pace of growth in years thanks to a resurgent smartphone business and robust 5G equipment sales

Retail trading boom doubles turnover of futures and options at NSE

Retail investors currently make up for more than 25% of the average daily turnover in derivatives. More than 8 million individual investors traded in this segment in 2023

Apple partner Luxshare set to gain control of key China iPhone plant

Luxshare is set to buy a 62.5% stake in Pegatron Corp.'s Kunshan unit in eastern China for about 2.1 billion yuan ($300 million), according to an exchange filing by the latter

Record eight-year winning streak seen extending for Indian equities

That's the key takeaway from an informal Bloomberg News survey of 10 fund managers and strategists, seven of whom said the NSE Nifty 50 Index will rise in 2024

Elon Musk's X fails to block US content moderation law on disclosure

In an eight-page ruling Thursday, a federal judge in Sacramento rejected arguments by the company formerly known as Twitter that the measure violates the free-speech rights of social media platforms

Democracy to face toughest challenge in face of fake news in 2024

The stakes are extraordinarily consequential for the future of democracy itself. In the US, the electoral favorite appears to revel in the possibility of becoming a dictator