The number of Americans filing for unemployment insurance rose in line with expectations last week, according to data from the Department of Labor on Thursday.
China will adjust import and export tariffs on some goods from January 1, in order to speed and promote development and expand domestic demand, the finance ministry said on Thursday.
Bank lending to euro zone companies slowed in November, easing back from the sector's biggest borrowing binge in over a decade as rising interest rates and a looming recession appear to be taking a toll, European Central Bank data showed on Thursday.
China's central bank stepped up liquidity support this week by making the biggest weekly cash injection through a short-term bond instrument since 2019 to help financial institutions smoothly tide over the end of the year.
Asian equities rose on Friday as investors looked to end the year on an optimistic note after U.S. data showed the Federal Reserve's aggressive monetary policy was dampening inflationary pressures even as worries over COVID cases in China persist.
The dollar firmed on Friday and was on track for its best performance in seven years, buoyed by the Federal Reserve's aggressive monetary policy tightening and concerns about the global growth outlook.
