Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China-backed AIIB to lend $500 million to two Turkish development banks
BEIJING (Reuters) - The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $500 million to two development banks in Turkey, to help ease liquidity issues caused by...
Jul 02, 2020
Citi targets more growth in Saudi Arabia after adding over 20 bankers in two years
DUBAI (Reuters) - Citigroup is planning to hire more bankers in Saudi Arabia for its direct custody business after adding more than 20 for onshore capital markets in the last two years, its Europe, Mi...
Jul 02, 2020
Australia retail sales see record surge in May as economy reopens
SYDNEY (Reuters) - Australian retail sales saw a record surge in May, official data showed on Friday, as a wide scale easing in coronavirus lockdowns allowed entire sectors to reopen, enabling a recov...
Jul 02, 2020
China’s services sector grows at fastest pace in over a decade in June: Caixin PMI
BEIJING (Reuters) - China's services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revised consumer demand, a private survey showe...
Jul 02, 2020
China central bank makes biggest weekly cash drain via OMO since February
SHANGHAI (Reuters) - China's central bank skipped open market operations on Friday, making the biggest weekly net fund drain in 4-1/2 months. The People's Bank of China (PBOC) said Friday's move was d...
Jul 02, 2020
Oil falls as growing coronavirus cases stoke fuel demand worries
SEOUL (Reuters) - Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world's largest oil consumer, dimmed the prospects of fuel demand recovery. Br...
Jul 02, 2020
Japan’s service sector slump eases as pandemic curbs lift: PMI
TOKYO (Reuters) - Japan's services sector extended activity declines for a fifth straight month in June, although the pace of contraction slowed significantly after a nationwide state of emergency was...
Jul 02, 2020
Dollar in narrow range as U.S. virus cases grow
By Stanley White TOKYO (Reuters) - The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors...
Jul 02, 2020
Irish services recovery lags euro zone on slower reopening: PMI
DUBLIN (Reuters) - Ireland's services sector shrank in June at its slowest pace since the coronavirus crisis began but underperformed the euro zone as a whole, a survey showed on Friday, reflecting th...
Jul 02, 2020
Asian stocks set to follow U.S. jobs rally, China in focus
By Imani Moise NEW YORK (Reuters) - Asian stocks were likely to track a firmer Wall Street session on Friday after strong U.S. jobs data although growing Sino-U.S. tensions and a worrying surge in cor...
Jul 02, 2020
