Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan parliament to debate second extra budget for pandemic relief next week
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) - Japan's government will submit to parliament early next week a second extra budget to fund a new $1.1 trillion stimulus package to cushion the ...
Jun 01, 2020
No time to waste?: Five questions for the ECB
LONDON (Reuters) - The European Central Bank meets on Thursday with investors hoping that policymakers will deliver yet more stimulus for an economy ravaged by the coronavirus pandemic. A 1.85 trillio...
Jun 01, 2020
Saudi FX reserves down sharply in April to back wealth fund investments
By Davide Barbuscia DUBAI (Reuters) - Saudi foreign reserves dropped sharply in April for a second consecutive month as the kingdom used tens of billions of dollars to back investments of its sovereig...
Jun 01, 2020
Escalating China tensions could become an obstacle for U.S. stock rally
By David Randall and Lawrence Delevingne NEW YORK/BOSTON (Reuters) - U.S. President Donald Trump's directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to ...
Jun 01, 2020
Hong Kong finance secretary says no plans to change U.S. dollar peg
HONG KONG (Reuters) - Hong Kong had no plans to change its currency's peg to the U.S. dollar and the Asian financial hub has not seen any "obvious" capital outflows after Washington moved to strip the...
May 31, 2020
U.S. lawmakers to unveil bill banning investment in firms tied to China’s military: document
By Alexandra Alper WASHINGTON (Reuters) - A group of Republican lawmakers plans to unveil legislation this week to keep Americans from investing in foreign defense companies with ties to China's milit...
May 31, 2020
Pandemic set to shrink Australian economy in first quarter, worse yet to come
By Swati Pandey SYDNEY (Reuters) - Australia's economy is expected to have shrunk in the first quarter as the global coronavirus pandemic is set to tip the country into its first recession in three de...
May 31, 2020
Asia’s factory pain worsens as China’s recovery fails to lift demand
By Leika Kihara TOKYO (Reuters) - Asia's factory pain deepened in May as the slump in global trade caused by the coronavirus pandemic worsened, with export powerhouses Japan and South Korea suffering ...
May 31, 2020
Australian mall giant Vicinity to raise $932 million in virus cash dash
By Byron Kaye and Anushka Trivedi SYDNEY/BENGALURU (Reuters) - Australian No. 2 shopping mall manager Vicinity Centres cancelled its dividend on Monday and said it planned to raise A$1.4 billion ($932...
May 31, 2020
China’s May factory activity returns to growth but demand remains weak: Caixin PMI
BEIJING (Reuters) - China's factory activity unexpectedly returned to growth in May as strict measures to contain the coronavirus outbreak were eased, but the improvement was marginal as export orders...
May 31, 2020
