Author Archives: Syndicated Content
China expected to keep lending benchmark unchanged: analysts
SHANGHAI (Reuters) - China is expected to stand pat on its benchmark lending rate on Wednesday, after the central bank kept medium-term funding cost for financial institutions steady last week, a Reut...
May 19, 2020
Thai government OKs plan for bankruptcy court-led restructuring of Thai Airways
BANGKOK (Reuters) - Thailand's cabinet approved a plan to restructure troubled Thai Airways International Pcl's finances through a bankruptcy court, the Southeast Asian country's prime minister said o...
May 19, 2020
Czech car production falls 31.1% in January-April period to 337,497 cars
PRAGUE (Reuters) - Czech car production fell 31.1% year-on-year in the January-April period to 337,497 cars, the Automotive Industry Association said on Tuesday. In April alone, when the country groun...
May 19, 2020
Cost of betting on euro downside vs dollar falls in option markets
(Reuters) - The cost of betting on euro downside against the dollar in currency derivatives markets fell on Tuesday to the lowest since mid-March, after a Franco-German proposal for a recovery fund an...
May 19, 2020
Thyssenkrupp CEO: no taboos in steel consolidation plans
FRANKFURT (Reuters) - Thyssenkrupp's CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, with options ranging from selling a majority to buying peers. "Nothing is off-limi...
May 19, 2020
China's delayed parliament to focus on reviving virus-hit economy
By Kevin Yao and Yew Lun Tian BEIJING (Reuters) - After a 78-day delay, China's parliament begins its annual session this week and is expected to unveil stimulus measures to spur an economy battered b...
May 19, 2020
Indonesia central bank keeps policy rate steady to support FX stability
JAKARTA (Reuters) - Indonesia's central bank kept its key interest rate unchanged on Tuesday, against expectations for a cut, saying the current level was in line with efforts to ensure market stabili...
May 19, 2020
Russia reports 9,263 new coronavirus infections, total nears 300,000
MOSCOW (Reuters) - Russia said on Tuesday that 9,263 new cases of the novel coronavirus had been reported in the last 24 hours, pushing its nationwide tally to 299,941. The daily rise in cases was bel...
May 19, 2020
Austria to increase funds for short-time work agreements
VIENNA (Reuters) - Austria will raise its funds for short-time work agreements to 12 billion euros ($13 billion) to help companies weather the effects of the coronavirus pandemic, Finance Minister Ger...
May 19, 2020
European shares extend gains, Germany outperforms
(Reuters) - European shares extended gains on Tuesday as fresh stimulus plans for the European Union added to hopes of a faster economic recovery from a coronavirus-fuelled downturn. The pan-European ...
May 19, 2020
