Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
South Korea pledge $39 billion in emergency financing for virus-hit businesses
SEOUL (Reuters) - South Korea's President Moon Jae-in on Thursday pledged 50 trillion won ($39 billion) in emergency financing for small businesses along with other stimulus measures to help shore up ...
Mar 18, 2020
Japan may hand out cash to households in stimulus package to battle virus fallout
By Chris Gallagher and Yoshifumi Takemoto TOKYO (Reuters) - Japan will look into offering cash payouts to households as part of a stimulus package that could be worth more than $276 billion to combat ...
Mar 18, 2020
Japan must be mindful of fiscal situation when compiling stimulus, finance minister says
TOKYO (Reuters) - Japan must be mindful of its fiscal situation when compiling an economic stimulus package to cope with the coronavirus pandemic, given the risk that big fiscal spending could lead to...
Mar 18, 2020
Risk premium on U.S. investment-grade credit triples on virus worries
By Kate Duguid NEW YORK (Reuters) - Concerns about the impact of the coronavirus on corporate America's balance sheets has tripled the premium investors are demanding to hold even the highest-rated co...
Mar 18, 2020
Just another trading day: Wild swings and dash for cash trigger selling
By Karen Brettell, Megan Davies and Karen Pierog (Reuters) - Another day of massive swings across asset prices was marked by scant liquidity as investors dashed for cash while systematic strategies tr...
Mar 18, 2020
South Korea reports 152 new coronavirus cases, total 8,565 – KCDC
SEOUL (Reuters) - South Korea reported 152 new coronavirus cases on Thursday, taking the national tally to 8,565, the Korea Centers for Disease Control and Prevention said. The country had recorded fe...
Mar 18, 2020
Australia’s unemployment rate unexpectedly falls but virus risks build
By Swati Pandey SYDNEY (Reuters) - Australia's unemployment rate surprisingly slipped in February though risks are surging as travel restrictions and lockdowns related to the coronavirus pandemic thre...
Mar 18, 2020
Oil rockets nearly 20% as investors hail coronavirus stimulus spending – for now
By Aaron Sheldrick TOKYO (Reuters) - Oil prices surged as much as nearly 20% on Thursday, bouncing back from days of heavy losses in a relief rally that may yet be short-lived, analysts warned, but wh...
Mar 18, 2020
Boeing-Embraer deal on knife-edge as markets tumble
By Tim Hepher, Marcelo Rochabrun and Eric M. Johnson PARIS/SAO PAULO/SEATTLE (Reuters) - Brazil has upheld proposals by Boeing Co to buy the jetmaking arm of Embraer , but plunging markets have raised...
Mar 18, 2020
Qantas to cease international flying, tells majority of workforce to take leave
By Jamie Freed SYDNEY (Reuters) - Qantas Airways Ltd said on Thursday it will halt all international flights from late March until at least the end of May and is putting two-thirds of its workforce on...
Mar 18, 2020
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