Friday's News Links

[Yahoo/Bloomberg] US Equities Drop as Brutal Year Nears End: Markets Wrap

[Yahoo/Bloomberg] Oil Set for Yearly Gain as Investors Look Ahead to China Rebound

[Reuters] New Fed research flags rising risk of U.S. recession

[Reuters] Biden signs $1.66 trillion FY 2023 government funding bill

[Reuters] Most Ukraine regions suffer power outages after Russian missile barrage

[Yahoo/Bloomberg] BOJ Buys Record Amount of Bonds to Defend Kuroda’s New Target

[Reuters] Hedge funds set to mark worst returns in 14 years

[Reuters] China's yuan looks set for biggest annual loss since 1994, down 8.6%

[Reuters] China drafts rules for trust firms to curb shadow banking

[Reuters] Putin expects China's Xi to visit in spring, wants to boost military cooperation

[Reuters] Permitted share of China's yuan in Russian wealth fund doubled to 60% -finmin

[Bloomberg] China Faces Deluge of Covid Deaths in First Lunar New Year Without Pandemic Curbs

[Bloomberg] China’s Overnight Funding Cost Increases Fourfold Into Year-End

[WSJ] Companies Spend Record Amounts on Dividends, Despite Looming Downturn

[WSJ] China Asserts Military Power Against U.S. With Naval Drills, Air Intercept

[FT] Global stocks set to post worst year since 2008 financial crisis