Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s coronavirus crisis fans calls for fast-tracked stimulus
By Kevin Yao BEIJING (Reuters) - The collapse in China's economic activity caused by the coronavirus has loudened calls from top policy advisers for the government to hasten the rollout of fiscal stim...
Apr 22, 2020
UK inflation fell just before coronavirus lockdown, weighed by clothing
By Andy Bruce and William Schomberg LONDON (Reuters) - Dragged down by clothing and footwear prices, Britain's inflation rate fell as expected in March when oil prices tumbled and the coronavirus cris...
Apr 22, 2020
Pandemic won’t cause euro debt crisis, but a North-South divide
By Jan Strupczewski BRUSSELS (Reuters) - Euro zone government debt will surge this year on the coronavirus pandemic, but while another debt crisis is unlikely, large differences in indebtedness as cou...
Apr 22, 2020
Ships, trains, caves: Oil traders chase storage space in world awash with fuel
By Ron Bousso, Stephanie Kelly and Laura Sanicola LONDON/NEW YORK (Reuters) - Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more conventional storag...
Apr 22, 2020
China’s equity funds outperform Asian peers in first quarter
By Patturaja Murugaboopathy and Tom Westbrook (Reuters) - China's equity funds topped Asia in price performance in the first quarter of 2020, Refinitiv Lipper data showed, owing to the resilience of t...
Apr 22, 2020
Pandemic reduces BOJ’s options in backstopping frail economy
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to boost funding support for companies, but it will avoid cutting interest rates, sources say, as it could encourage people to step out of th...
Apr 21, 2020
China’s daily air passenger numbers up 7.9% in April vs March -aviation regulator
BEIJING (Reuters) - China's aviation regulator said on Wednesday daily transported air passenger numbers rose 7.9% this month, as of April 21, from March, but was only at 29% of the level seen a year ...
Apr 21, 2020
China’s NPL ratio to rise further in second-quarter but not at a fast pace: banking regulator
BEIJING (Reuters) - China's banking and insurance regulator said on Wednesday that the sector's bad loan ratio is 2.04%, and estimated it will continue to rise in the second quarter but not at a fast ...
Apr 21, 2020
South Korea’s Moon says to prepare third supplementary budget, hike subsidies to keep jobs
SEOUL (Reuters) - South Korea President Moon Jae-in said on Wednesday the government will prepare a third supplementary budget and sharply increase subsidies to keep more Koreans in jobs through the c...
Apr 21, 2020
Virgin Australia administrator to hold first creditors’ meeting on April 30
SYDNEY (Reuters) - Virgin Australia Holdings Ltd's administrators will hold the first meeting of creditors on April 30 and have retained Houlihan Lokey to advise them on recapitalizing the airline, th...
Apr 21, 2020
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