Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German parliament wants quarterly meetings with Bundesbank chief
BERLIN (Reuters) - The German parliament's finance committee has agreed to invite the Bundesbank chief and a European Central Bank board member to a July meeting to discuss a ruling by Germany's top c...
Jun 19, 2020
Russian central bank cuts key interest rate by 100 bps to record low
MOSCOW (Reuters) - Russia's central bank lowered its key interest rate to a record low of 4.50% on Friday, delivering a deeper-than-usual cut, and said it would consider the need to trim the cost of l...
Jun 19, 2020
Futures climb on optimism over swift recovery
By Medha Singh and Devik Jain (Reuters) - U.S. stock index futures rose about 1% on Friday as investors wagered on a bounce back in post-pandemic economic activity, shrugging off the daily increase in...
Jun 19, 2020
JPMAM’s Michele: Rotate out of government bonds into banks, EM
LONDON (Reuters) - JPMorgan Asset Management will extend its fixed income holdings further out on the spectrum, handing government bonds back to central banks and rotating out of liquid names into spe...
Jun 19, 2020
Major central banks to cut frequency of dollar-funding operations, BOJ says
By Leika Kihara TOKYO (Reuters) - Major central banks across Europe and Japan will reduce the frequency of their seven-day dollar liquidity-providing operations from July as the market tension caused ...
Jun 19, 2020
Bond funds shine as investors rush to safety amid ‘second-wave’ risks
LONDON (Reuters) - Investors pumped $15.4 billion into bond funds and pulled out $6.4 billion from equities in the week to Wednesday, BofA said on Friday, as increasing pockets rising coronavirus case...
Jun 19, 2020
Running on ‘hopium’: Explaining the market rally in Wall Street’s terms
By April Joyner and Kate Duguid NEW YORK (Reuters) - Risk assets such as stocks and high-yield corporate bonds have climbed over the past two-and-a-half months despite a dire global economic outlook i...
Jun 19, 2020
Exclusive: European investors threaten Brazil divestment over deforestation
By Jake Spring BRASILIA (Reuters) - Seven major European investment firms told Reuters they will divest from beef producers, grains traders and even government bonds in Brazil if they do not see progr...
Jun 19, 2020
Japan begins to unwind dominant position in dollar swaps with Fed
By Stanley White TOKYO (Reuters) - Japan, the biggest taker of cheap dollar funding from the U.S. Federal Reserve during the coronavirus pandemic, is weaning itself off that supply as it shies away fr...
Jun 19, 2020
UK might need to tweak pensions promise for COVID effects: lawmaker
LONDON (Reuters) - Britain's government might need to temporarily suspend the way that growth in wages are included in the country's "triple lock" system for calculating increases in the state pension...
Jun 19, 2020
