Author Archives: Syndicated Content
Bank of Italy warns virus crisis may tip some smaller banks over the edge
ROME (Reuters) - Italian banks have a solid liquidity and capital position to face the coronavirus crisis but some smaller lenders may not be able to sustain its impact, the central bank warned on Wed...
Apr 15, 2020
‘As long as necessary’: Coronavirus holdout Palau opts for self-isolation
By Martin Petty (Reuters) - The Pacific island nation of Palau is one of the world's last countries still free of the coronavirus, and it's doing all it can to stay that way. As the contagion closes i...
Apr 15, 2020
Taiwan wades into hotly contested Pacific with its own coronavirus diplomacy
By Ben Blanchard TAIPEI (Reuters) - Taiwan waded into the hotly contested politics of the Pacific on Wednesday, donating face masks and thermal cameras to its four diplomatic allies there to combat th...
Apr 15, 2020
Exclusive: India agrees to sell hydroxychloroquine to Malaysia to help fight COVID-19
By Neha Arora and Krishna N. Das NEW DELHI/KUALA LUMPUR (Reuters) - India has agreed to sell hydroxychloroquine tablets to Malaysia for use in the treatment of COVID-19 patients, a Malaysian minister ...
Apr 15, 2020
Oil market falls too big to offset with output cuts, IEA warns
LONDON (Reuters) - The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen in 25 years and warned no output cut by pro...
Apr 15, 2020
China first-quarter FDI plunges 10.8% year-on-year in yuan terms as virus bites
BEIJING (Reuters) - Foreign direct investment (FDI) into China fell 10.8% in January-March to 216.19 billion yuan ($30.62 billion) compared with a year earlier, dragged down by the coronavirus pandemi...
Apr 15, 2020
Germany arrests four men from Tajikistan suspected of planning attack
BERLIN (Reuters) - German police arrested on Wednesday four suspected members of Islamic State, all from Tajikistan, believed to have been planning deadly attacks in Germany, prosecutors said. Special...
Apr 15, 2020
German recession to continue until mid-year: ministry
BERLIN (Reuters) - The German economy entered a recession in March and the slowdown is expected to continue until the middle of the year, the economy ministry said on Wednesday. "Collapsing global dem...
Apr 15, 2020
Philippines reports 14 new coronavirus deaths, 230 more infections
MANILA (Reuters) - The Philippines' health ministry on Wednesday reported 14 new coronavirus deaths and 230 additional infections. In a bulletin, the health ministry said coronavirus deaths have reach...
Apr 15, 2020
China unicorns’ valuations slide as virus-fearing investors seek early exits
By Julie Zhu and Yingzhi Yang HONG KONG/BEIJING (Reuters) - Valuations of Chinese unicorns have fallen below levels reached in the firms' most-recent fundraising rounds, secondary market offerings by ...
Apr 15, 2020
