Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Pandemic slams Asia’s factories, activity hits financial-crisis lows
SYDNEY (Reuters) - Asia's factory activity was ravaged in April, business surveys showed on Monday, and the outlook dimmed further as government restrictions on movement to contain the coronavirus out...
May 03, 2020
Indonesia’s March foreign tourist arrivals plunge 64%
JAKARTA (Reuters) - Indonesia's foreign tourist arrivals plunged 64.11% year-on-year in March to about 470,900, or fewer than half of January's number, as the coronavirus pandemic discouraged travel, ...
May 03, 2020
Indonesia’s inflation rate slowed more than expected in April
JAKARTA (Reuters) - Indonesia's inflation rate cooled more than expected in April as curbs to contain the spread of the novel coronavirus continued to dampen demand, data from the country's statistics...
May 03, 2020
Citi names veteran Rizvi as APAC corporate banking head: memo
HONG KONG (Reuters) - Citigroup Inc has named veteran banker Kaleem Rizvi as its Asia Pacific head of the corporate banking business, according to an internal memo reviewed by Reuters on Monday. Rizvi...
May 03, 2020
China’s young spenders say #ditchyourstuff as economy sputters
By Lusha Zhang and Ryan Woo BEIJING (Reuters) - Tang Yue, a 27-year-old teacher from the city of Guilin in southwest China, steam-presses a blue dress and takes dozens of photographs before picking on...
May 03, 2020
Malaysia’s March exports fall 4.7% year-on-year, smaller drop than forecast
KUALA LUMPUR (Reuters) - Malaysia's exports fell 4.7% from a year earlier in March, amid coronavirus-related movement restrictions, government data showed on Monday. The decline, however, was smaller ...
May 03, 2020
Rich nations must make pandemic recovery plans green: global investors
LONDON (Reuters) - The world's richest nations must ensure their COVID-19 recovery plans are sustainable and help meet the goals of the Paris climate accord, according to leading global investor group...
May 03, 2020
GM Korea to cut output of key SUV as virus hits U.S. exports: document
SEOUL (Reuters) - General Motors Co's South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weigh...
May 03, 2020
India’s Reliance sells $750 million stake in digital unit to Silver Lake
BENGALURU (Reuters) - Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Face...
May 03, 2020
Australia to pour $190 million into hydrogen projects
MELBOURNE (Reuters) - The Australian government on Monday set aside A$300 million ($191 million) to jumpstart hydrogen projects with the help of low-cost financing as the country aims to build the ind...
May 03, 2020
