Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S., South Korea scramble to seal defence cost-sharing deal as thousands put on unpaid leave
By Josh Smith and Hyonhee Shin SEOUL (Reuters) - The commander of U.S. troops in South Korea on Wednesday called for negotiators to quickly resolve a cost-sharing dispute that has put more than 4,000 ...
Apr 01, 2020
S&P says major Aussie banks not at risk of downgrade amid pandemic
(Reuters) - Major Australian banks can weather a substantial rise in credit losses triggered by the coronavirus outbreak while credit ratings of most banks in the country are not at risk of a downgrad...
Apr 01, 2020
Exclusive: KKR shelves sale of Singapore-based Goodpack amid market turmoil – sources
SINGAPORE (Reuters) - KKR & Co. has shelved a process to sell Singapore-based Goodpack, an intermediate bulk container maker, after the coronavirus outbreak impacted valuations for the proposed deal, ...
Apr 01, 2020
Macau’s gaming revenues tumble 80% in March over coronavirus impact
HONG KONG (Reuters) - Gambling revenue in Macau plunged 79.7 percent in March year-on-year, with casinos reeling from a lack of visitors in the world's biggest casino hub after authorities intensified...
Mar 31, 2020
Apple doubles China donations for COVID-19 recovery efforts
SHANGHAI (Reuters) - Apple more than doubled its donation to China's efforts to fight COVID-19 to over 50 million yuan ($7 million), CEO Tim Cook posted on Weibo on Wednesday, weeks after the iPhone m...
Mar 31, 2020
Asia’s factory activity plunges as coronavirus shock deepens
By Leika Kihara and Daniel Leussink TOKYO (Reuters) - Factory activity contracted sharply across most of Asia in March as the coronavirus pandemic paralyzed economic activity across the globe, with sh...
Mar 31, 2020
China developers raise funds at home to repay pricier offshore debt
By Clare Jim and Samuel Shen HONG KONG/SHANGHAI (Reuters) - Chinese property firms facing a wave of maturing debt will raise funds on the mainland to refinance their offshore borrowings as funding con...
Mar 31, 2020
Indonesia’s inflation rate eases slightly in March, as expected
JAKARTA (Reuters) - Indonesia's inflation rate edged down in March, in line with expectations, as economic activity slowed because of curbs to contain the spread of the coronavirus, data from the stat...
Mar 31, 2020
South Africa should seek IMF funding to deal with pandemic: IIF
By Andrea Shalal WASHINGTON (Reuters) - South Africa should seek funding from the International Monetary Fund given its high debt levels, large capital outflows and a potentially deep recession trigge...
Mar 31, 2020
Australian home prices rise in March, but market seen cooling
SYDNEY (Reuters) - Australian home prices extended gains in March, although conditions are expected to cool as the coronavirus pandemic causes widespread economic disruption and hits household confide...
Mar 31, 2020
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