Author Archives: Syndicated Content
Dollar holds gains as Powell shuns negative rates, Aussie slips after jobs plunge
By Stanley White TOKYO (Reuters) - The dollar held gains against major currencies on Thursday after U.S. Federal Reserve Chairman Jerome Powell dismissed speculation that policymakers will adopt negat...
May 13, 2020
Fast Retailing reopens more Uniqlo stores as pandemic measures ease
TOKYO (Reuters) - Casual clothing chain Uniqlo has reopened more stores in the past week and plans to resume business at more shops in coming days as governments ease coronavirus restrictions, its own...
May 13, 2020
Australian employment plunges, jobless rate at five-year high on pandemic shutdowns
By Swati Pandey SYDNEY (Reuters) - Australian jobs plunged by the most on record in April as employers laid off hundreds of thousands of staff in response to the economy-wide shutdowns to curb the spr...
May 13, 2020
New Zealand unveils record spending to deal with pandemic shock
By Praveen Menon WELLINGTON (Reuters) - New Zealand unveiled a record NZ$50 billion ($30 billion) fund in its budget on Thursday to restore an economy hit by the coronavirus pandemic, but warned it ma...
May 13, 2020
China needs more active fiscal policy as pressure on economy increasing: People's Daily
SHANGHAI (Reuters) - China needs more active fiscal policy as pressure on its economy is still increasing, according to an article by Finance Minister Liu Kun published in the official People's Daily ...
May 13, 2020
Canada's First Majestic uses NAFTA arbitration provisions in Mexican tax dispute
(Reuters) - First Majestic Silver Corp said on Wednesday it served notice to the Mexican government under North American Free Trade Agreement provisions to begin negotiations to resolve disputes over ...
May 13, 2020
U.S. sails warship near Taiwan a week ahead of presidential inauguration
TAIPEI (Reuters) - The U.S. navy said on Thursday it had sailed a guided-missile destroyer through the sensitive Taiwan Strait, a week before Taiwan President Tsai Ing-wen's inauguration for a second ...
May 13, 2020
China's central bank will conduct MLF operations Thursday: sources
SHANGHAI (Reuters) - China's central bank will conduct medium-term lending facility (MLF) operations on Thursday, two traders with direct knowledge of the matter said. A batch of 200 billion yuan ($28...
May 13, 2020
Japan expected to end state of emergency for most regions; Tokyo to remain on alert: media
TOKYO (Reuters) - Japan is expected to lift the state of emergency for 39 of its 47 prefectures on Thursday, local media reported, while the capital Tokyo is set to keep restrictions in place until it...
May 13, 2020
Oil prices edge higher on surprise U.S. stock drawdown, but demand concerns linger
SEOUL (Reuters) - Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories, but gains were capped by worries that a potential second wave of the coronavirus pandemic ...
May 13, 2020
