Author Archives: Syndicated Content
Taper Tantrum II? Fed’s slowing Treasury purchases may boost bond yields
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The Federal Reserve's gradual withdrawal from the U.S. Treasury market as the coronavirus pandemic eases and liquidity improves could dry up appetite f...
Apr 27, 2020
U.S. firm, FAW to build sports cars under Chairman Mao’s favoured brand Hongqi
BEIJING (Reuters) - A little-known U.S.-based engineering and design firm said it plans to invest 10 billion yuan ($1.41 billion) to make sports cars with China's FAW Group under the brand of choice o...
Apr 26, 2020
Australia’s NAB taps investors for $2.2 billion as coronavirus halves profit
By Byron Kaye and Paulina Duran SYDNEY (Reuters) - National Australia Bank Ltd , the country's No.3 lender, asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend on Monday as its f...
Apr 26, 2020
Germany reports 1,018 new coronavirus cases, 110 more deaths
BERLIN (Reuters) - The number of Germany's confirmed coronavirus cases increased by 1,018 to 155,193, data from the Robert Koch Institute for infectious diseases showed on Monday. The death toll rose ...
Apr 26, 2020
Many U.S. businesses unlikely to seek government aid: NABE survey
WASHINGTON (Reuters) - A majority of U.S. companies expect to stay afloat for more than six months without government assistance, according to a survey on Monday, even though the novel coronavirus out...
Apr 26, 2020
U.S. Democrats urge paycheck scheme coverage for community, minority lenders
(Reuters) - Top Democrats have urged the U.S. Treasury Department and the Small Business Administration (SBA) to expand opportunities for community development financial institutions (CDFIs) and minor...
Apr 26, 2020
BOJ ramps up risky asset buying, pledges unlimited bond buying
TOKYO (Reuters) - The Bank of Japan on Monday ramped up risky asset purchases and pledged to buy unlimited amounts of government bonds to combat the economic fallout from the coronavirus epidemic. At ...
Apr 26, 2020
Seahawks part ways with C Britt, G Fluker
The Seattle Seahawks revamped their offensive line on Sunday, parting ways with center Justin Britt and guard D.J. Fluker. Fluker posted a letter revealing his release to Seattle fans on Twitter. Brit...
Apr 26, 2020
Japan’s Aso: Expect BOJ to support financial markets stability, corporate finance
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Monday he would expect the Bank of Japan to support financial market stability and corporate finance. He said it was up to the BOJ to come ...
Apr 26, 2020
Starbucks says in partnership with Sequoia Capital China for investments
BEIJING (Reuters) - Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China's ...
Apr 26, 2020
