Good morning, and welcome to the final Asia Links. It has been a pleasure writing for you and thank you for the likes — especially Marco, who has been particularly supportive.
Overnight
S&P500: -2.49%, FTSE100: -0.93%, HSI: -1.55%
ECB raises rates to 2%, UK to 3.5% (FT, CNBC)
US adds 36 Chinese companies to trade blacklist (FT, Nikkei Asia, CNBC)
Beijing urged to roll out covid boosters to avoid 1m deaths (FT, SCMP, Reuters)
Beijing sees food, medical shortages as covid cases spike (SCMP)
Chinese insurers pull covid coverage as cases mount (FT)
China’s November urban jobless rate jumps to 5.7% (Caixin)
China ramps up liquidity injection amid bond market turmoil (Caixin)
China issues guidelines on expanding domestic demand (People’s Daily)
China to expand economy by turning domestic market into ‘gravitational field’ (SCMP)
Delisting threat recedes as US regulator gets access to audit papers of Chinese companies (WSJ, SCMP, Caixin)
Hong Kong retail shareholders revive HSBC spin-off call (Reuters)
Hong Kong names Julia Leung Aung-yee as CEO of Securities and Futures Commission (Caixin)
Sri Lanka’s economy shrinks 11.8% in second-worse quarterly performance (Reuters)
Singapore home sales plunge to 8-year low on supply crunch (Bloomberg)
IMF says property markets across Asia are set to fall on higher interest rates (Nikkei Asia)
US defence companies in talks to sell helicopters, drones to Vietnam (Reuters)
Taiwan rattled by 6.2 earthquake (Straits Times)
Philippines house passes bill to set up sovereign wealth fund (Inquirer)
UN committee again blocks Myanmar junta from taking seat at UN (AP)
South Korea is abolishing its gender-equality office, despite a vast pay gap and pervasive sexism (BBC)
Women ‘acting like men’ face cane, jail under Malaysia state law (Bloomberg)
Chinese student charged with stalking pro-democracy peer on US campus (BBC, SCMP, AP)
Indonesia blocks Sotheby’s sale of development licence for 100 islands (Jakarta Post)
Thailand’s Princess Bajrakitiabha, a possible heir, collapses from heart condition (BBC)
North Korean workers party vows to stay in power for 8,000 years (Chosun Ilbo)
And finally: the world’s best performing stock in 2022 — up 1600% — is an Indonesian mining company (Bloomberg)
Happy holidays to everyone.