Outlook

Oil prices climbed more than 2% on Monday as China's move to reopen its borders boosted the demand outlook and overshadowed global recession concerns.

crude contracts are trading at a discount to the next month, a structure known as contango, which typically indicates bearish sentiment. Domestically, about 2 billion trips are expected during the Lunar New Year season, nearly double last year's and 70% of 2019 levels, Beijing says. Both the near-term Brent and U.S. West Texas Intermediate crude rose 86 cents, or 1.2%, to $74.63. Register for free to Reuters and know the full story Brent crude was up $1.08, or 1.4%, at $79.65 a barrel.

“The debt sustainability and financial stability are relatively well anchored in the region, with contained government liquidity risks, broadly stable debt ...

Oil prices edged up on Monday, a day after travellers streamed into China following a reopening of borders that lifted the fuel demand outlook and par...

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Related Content: Gulf Cooperation Council Corporates Outlook 2023Fitch Ratings-Dubai-09 January 2023: The outlook for GCC corporates is neutral for 2023.

SINGAPORE : Oil prices edged up on Monday, a day after travellers streamed into China following a reopening of borders that lifted the fuel demand outlook ...

Both the near-term Brent and U.S. Domestically, about 2 billion trips are expected during the Lunar New Year season, nearly double last year's and 70 per cent of 2019 levels, Beijing says. data, with Asian equities rising and the dollar weakening.

Traders are bullish that crude prices could exceed US$140 per barrel if Asia fully reopens this year.

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As of year-end 2022, more than 150 patients with NRG1 gene fusion positive (“NRG1+”) cancer have been treated with zenocutuzumab (“Zeno”) ...

Robeco's outlook for 'short-term pain, long-term gain' warns that 2023 is likely to see recession, and that investors need to wait for inflation, interest.

“There can be no backtracking on climate: the evidence about climate change continues to mount, and COP27 highlighted that political will is key to shaping the balance between climate ambition and implementation,” Graham says. “We could see another backlash against social media and more regulation on large technology and social media platforms as data protection issues come to the fore again,” says Graham. We could see a multinational ‘super fund’ set up to facilitate the net zero transition, backed by several governments.” The problem is that it has also led to a rise in greenwashing, where companies and investors make ESG claims that cannot be substantiated, often for PR and marketing reasons. Then there is the possibility of a ‘shock regime change’, as witnessed when the UK which went through three prime ministers in 2022. “This would expose investments that were only funded because cash was ‘free’ at the time.” “It could claim that the 2% target is far too close to zero, saying the next recession could tip the economy into outright deflation,” Graham says. The problem here is that in 2022, there was little difference between any of them. “Here, US inflation peaks without a recession, the dollar drops, and the US Federal Reserve (Fed) can rest easy but remain vigilant,” says Colin Graham, Head of Multi-Asset Strategies at Robeco. The result for multi-asset investors is that high yield bonds become very attractive as default rate expectations fall.” Even worse is the prospect of deflation. The current consensus isn’t that rosy, but if history tells us anything, it’s that nothing is ever set in stone.

The "Global Nasopharyngeal Cancer Market Research and Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Identify the top three outcomes of Taiwan's November 26 local elections. The most important thing is that President Tsai stepped down as DPP [Democratic ...

Tsai herself may be nearing the end of her tenure, but her ideas continue to motivate the party and the country. However, as mayor of the capital, he will eventually have to take a stance on how to deal with China. Chiang is one of only a small handful of KMT figures with the potential to do this. The PRC insists that the 1992 Consensus is simply one China (the PRC), so the DPP is now seen as the party defending the status quo. The KMT is still stuck with the electorally unviable 1992 Consensus (one China, each side with its own interpretation) as the cornerstone of how to deal with China. However, there is no Taiwanese or Chinese way to pave a road or subsidize false teeth, so the KMT is not necessarily disadvantaged in local politics.

S&P Global Ratings, in a 2022 year-end Research Update, affirmed Prime Healthcare Services's B- issuer credit rating and the B- issue-level rating.

Eisenberg Patient Safety and Quality Award](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.jointcommission.org%2Fresources%2Fawards%2Fjohn-m-eisenberg-patient-safety-and-quality-award%2F&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=John+M.+Eisenberg+Patient+Safety+and+Quality+Award&index=3&md5=ae41e3babff5a92c78e0ec56de350ceb). Fourteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. [instagram.com/prime_healthcare/](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fprime_healthcare%2F&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=instagram.com%2Fprime_healthcare%2F&index=8&md5=83019d10a7e64aa953521623e7dfb8c6) [facebook.com/primehealthcare](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2Fprimehealthcare&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=facebook.com%2Fprimehealthcare&index=7&md5=2f524d278d029377279fa91af7050cca) [twitter.com/_PrimeHealth](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2F_PrimeHealth&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=twitter.com%2F_PrimeHealth&index=6&md5=b8a951e307e257d815b128476c30045f) [100 Top Hospitals](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.primehealthcare.com%2FNews%2F2022%2FJuly%2FPrime-Healthcare-Hospitals-Named-to-the-2022-For.aspx&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=100+Top+Hospitals&index=2&md5=844f0f9f39585a72b54142306abb986f)" in the nation 66 times by Fortune/Merative (formerly IBM Watson Health). [linkedin.com/company/prime-healthcare](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fprime-healthcare%2F&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=linkedin.com%2Fcompany%2Fprime-healthcare&index=5&md5=ebe39c5380cae0293cf69d32079cd535) [www.primehealthcare.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.primehealthcare.com&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=www.primehealthcare.com&index=4&md5=84e2ebbde37b2337271df26c9d6b34c8). This year, Prime's hospitals received more than 250 quality awards from Healthgrades, and Prime has more Patient Safety Excellence Award recipients from Healthgrades than any other health system for seven consecutive years. "Throughout the industry, increased labor costs have led to a reliance on premium labor during an unprecedented labor crisis in healthcare," said Steve Aleman, Prime Healthcare's Chief Financial Officer. About Prime Healthcare: As an award-winning health system headquartered in Ontario, California, operating 45 hospitals and more than 300 outpatient locations in 14 states, Prime Healthcare provides more than 2.6 million patient visits annually. It is one of the nation's leading health systems with nearly 50,000 employees and physicians.

(Bloomberg) -- China's generous quota for crude imports boosted oil with renewed hopes for a demand revival in the world's largest buyer.

Monday's rally follows a drop last week of more than 8% for both oil benchmarks, their biggest weekly declines at the start of a year since 2016.

Domestically, about 2-billion trips are expected during the Lunar New Year season, nearly double last year’s and 70% of 2019 levels, Beijing says. Those concerns are reflected in oil’s market structure. The rally was part of a wider recovery in risk sentiment supported by both the reopening of the world’s biggest crude importer and hopes for less-aggressive increases to US interest rates based on recent US data, with Asian equities rising and the dollar weakening.

Fitch Ratings-Chicago-09 January 2023: Fitch Ratings has upgraded two classes and affirmed 13 classes of COMM 2014-LC17 Mortgage Trust. The Rating Outlo.

Hopes for less-aggressive US interest rate rises are buoying financial markets and depressing the dollar.

Last week, US energy firms cut the number of operating oil and natural gas rigs by seven, the biggest weekly decline since September 2021, energy services firm Baker Hughes Co said on Friday. Energy futures for crude oil, refined products and natural gas have plummeted in the New Year as traders have reconsidered near-term worries over cold weather and fears of supply shortages and dumped contracts. [reopening](https://www.dawn.com/news/1730568) of borders that lifted the fuel demand outlook and partly offset concerns of global recession.

Central bankers feel 'very, very positive' about China's economic outlook in the wake of its border reopening, HKMA CEO Eddie Yue says from a Switzerland ...

Y. Travellers cross the border between Hong Kong and mainland China in Shenzhen Bay on January 9, 2023. Photo: K.

We enter 2023 amid a challenging and uncertain economic backdrop. Thanks in large part to aggressive federal stimulus measures during the Coronavirus.

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The newbuilding orderbook peaked in mid-2022 and orders for shipbuilders are in decline - is this drop in contracting set to continue in 2023?

Looking at the outlook for ordering from various sectors Kent says MSI does not expect many more containerships to be ordered in 2023, while there will be a few more LNG newbuilding contracts based on new plants coming onstream. “Those order books are going to be drying up quite quickly if the yard is still in gainful employment. In the fifth, and final, part of our shipping market outlook series we are focusing on the shipbuilding sector with Maritime Strategies International (MSI) Managing Director Adam Kent.

Fitch Ratings - Hong Kong/Beijing - 09 Jan 2023: Fitch Ratings has affirmed China-based food conglomerate Bright Food (Group) Co., Ltd.'s (BFG) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook.

... * Energy futures for crude oil, refined products and natural gas plummeted in New Year as traders reconsidered near-term worries over cold weather and ...

Domestically, some two billion trips are expected during the Lunar New Year season, nearly double last year’s movement and recovering to 70pc of 2019 levels, Beijing says. Brent crude futures had risen 53 cents, or 0.7 per cent, to $79.10 a barrel by 0114 GMT while US West Texas Intermediate crude was at $74.23 a barrel, up 46 cents, or 0.6pc. However, concerns remain that the massive flow of travellers may cause another surge in infections and cap recovery in China’s economic activity. China, the world’s second-biggest oil consumer, opened its borders on Saturday for the first time in three years, buoying the outlook for its demand for transportation fuels. “Crude oil futures had their biggest weekly losses in a month due to recession fears as oil prices have been positively correlated with inflation since 2022, though China’s reopening may buffer the decline in the near term,” CMC Markets analyst Tina Teng said in a note. Both Brent and WTI tumbled more than 8pc last week, their biggest weekly dives at the start of a year since 2016.

(Bloomberg) -- Oil dropped as concerns over tighter US monetary policy overshadowed optimism about a recovery in Chinese demand.Most Read from BloombergUS ...