Category Archives: Syndicated
New Zealand extends lockdown by a week, to ease measures on April 27
WELLINGTON (Reuters) - New Zealand will extend the lockdown measures in place to beat the coronavirus by a week, after which it will move to a lower level of restrictions, Prime Minister Jacinda Arder...
Apr 19, 2020
China to prevent short-term economic shocks from becoming long-term stagnation
BEIJING (Reuters) - China still has plenty of room to work with on its macro hedging policies and the government will act to prevent short-term economic shocks from becoming long-term stagnation trend...
Apr 19, 2020
Alibaba says to invest $28 billion in cloud computing services
SHANGHAI (Reuters) - China's Alibaba Group Holding Ltd will invest 200 billion yuan ($28.27 billion) in cloud infrastructure over a three year period, the e-commerce company said on Monday. The plan c...
Apr 19, 2020
Net profits at China’s central government-owned firms fall 58.8% year-on-year in first quarter
BEIJING (Reuters) - Total net profits earned by enterprises owned by China's central government during the first three months of 2020 plunged 58.8% from a year earlier, the state assets regulator said...
Apr 19, 2020
RBNZ core inflation at 1.7% year-on-year in first quarter, slows from fourth quarter
WELLINGTON (Reuters) - The Reserve Bank of New Zealand (RBNZ) said on Monday that its sectoral factor model of core inflation was 1.7% year-on-year in the first quarter. The measure was 1.8% in the pr...
Apr 19, 2020
Australia plans law forcing Google, Facebook to share ad revenue with domestic media firms
SYDNEY (Reuters) - Australia will pass legislation within months obliging Facebook Inc and Alphabet Inc's Google to share advertising revenue with local media firms, the country's treasurer said on Mo...
Apr 19, 2020
China first-quarter fiscal revenues down 14.3% year-on-year: finance ministry
BEIJING (Reuters) - China's fiscal first quarter revenue fell 14.3 percent from a year earlier to 4.598 trillion yuan ($649.75 billion), the country's finance ministry said on Monday, attributing the ...
Apr 19, 2020
New Zealand set to announce whether to ease virus lockdown measures
By Praveen Menon WELLINGTON (Reuters) - New Zealand's top leadership met on Monday to decide on whether to ease harsh lockdown measures put in place to stamp out the spread of the coronavirus in the c...
Apr 19, 2020
Japan stimulus package boosted to $1.1 trillion due to cash payouts: draft
TOKYO (Reuters) - Japan's economic stimulus package will be revised to 117.1 trillion yen ($1.086 trillion) from 108.2 trillion yen, boosted by the expansion of a cash payout scheme aimed at lessening...
Apr 19, 2020
Guatemala says 50 deported migrants from U.S. test positive for coronavirus
GUATEMALA CITY (Reuters) - Guatemalan President Alejandro Giammattei said on Sunday that a total of 50 migrants deported by the United States to Guatemala have tested positive for coronavirus, includi...
Apr 19, 2020
