Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hong Kong office demand shrinks the most in 18 years: Cushman & Wakefield
HONG KONG (Reuters) - Real estate consultancy Cushman & Wakefield on Tuesday revised its forecasts for Hong Kong office rents to fall as much as 18% in the full year while retail rents to drop as much...
Apr 07, 2020
Russia confirms its participation in OPEC+ meeting on April 9
MOSCOW (Reuters) - Russia on Tuesday confirmed its participation in the OPEC+ meeting of leading oil producers set for April 9, a spokeswoman for energy ministry told Reuters. The conference, due to b...
Apr 07, 2020
HSBC Hong Kong asset management units fined $450,000
HONG KONG (Reuters) - Hong Kong's markets regulator has fined two HSBC units HK$3.5 million ($451,456) for regulatory breaches. The Securities and Futures Commission (SFC) said that some of the 53 fun...
Apr 07, 2020
UK labour cost growth slows to two-year low in late 2019
LONDON (Reuters) - Growth in British labour costs slowed to its weakest in just over two years in late 2019, pointing to low underlying inflation pressures, though productivity remained weak, accordin...
Apr 07, 2020
Swiss aid package could head off jobless surge – government
By Silke Koltrowitz and John Revill ZURICH (Reuters) - Switzerland's largest ever aid package launched to counter the economic impact of the new coronavirus epidemic should help the country avoid a ma...
Apr 07, 2020
Indonesia in talks with development banks for loans totalling $7 billion
JAKARTA (Reuters) - The Indonesian government is in talks with development banks for loans totalling $7 billion to finance its COVID-19 relief efforts, Finance Minister Sri Mulyani Indrawati told a ca...
Apr 07, 2020
Australian regulator urges banks, insurers to defer dividends amid virus outbreak
(Reuters) - The Australian financial regulator on Tuesday urged banks and insurers to consider deferring dividend payouts or use buffers like dividend reinvestment plans until the impact of the corona...
Apr 07, 2020
Thailand announces $58 billion economic measures to mitigate coronavirus impact
BANGKOK (Reuters) - Thailand's cabinet approved on Tuesday a package of economic measures worth 1.9 trillion baht ($58 billion) to alleviate the impact of the coronavirus outbreak on Southeast Asia's ...
Apr 07, 2020
Czech billionaire Kretinsky widens investment scope as energy deals ease
By Jason Hovet PRAGUE (Reuters) - Czech billionaire Daniel Kretinsky, who forged one of Europe's largest energy groups through more than a decade of deals, is diversifying and scouring retail, media a...
Apr 07, 2020
Demand for Luckin app surges as Chinese rush to drink up after admission of fraud
By Sophie Yu and Jennifer Hughes BEIJING / HONG KONG (Reuters) - Luckin Coffee's app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long ...
Apr 07, 2020
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