Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Banks see surging bond volumes in Asia as virus sparks flight to safety
By Tom Westbrook SINGAPORE (Reuters) - Trading volume has surged for Asian fixed income desks this week, major banks say, as the fast spread of the coronavirus around the world prompts investors to du...
Mar 11, 2020
Swedbank says $4.8 million of payments may have violated U.S. sanctions
By Colm Fulton and Johan Ahlander STOCKHOLM (Reuters) - An independent investigation of Swedbank's anti-money laundering practices has found that transactions totaling $4.8 million potentially violate...
Mar 11, 2020
BOJ likely to ease policy next week to bolster sentiment: sources
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan is expected to ease monetary policy next week in an attempt to limit the impact of the coronavirus outbreak and recent market vola...
Mar 11, 2020
China to make targeted RRR cuts, stabilize foreign trade amid virus
BEIJING (Reuters) - China will make targeted cuts in bank reserve requirement ratios (RRR) and take measures to stabilize foreign trade and investment, including reducing the negative list, amid the c...
Mar 11, 2020
Futures fall as investors wary of U.S. response to virus
By Medha Singh and Sanjana Shivdas (Reuters) - U.S. stock index futures fell more than 2% on Wednesday after strong gains in the previous session, on skepticism about President Donald Trump's stimulus...
Mar 11, 2020
Italy, Britain wield economic axes to try to slay coronavirus
By David Milliken and Giulia Segreti LONDON/ROME (Reuters) - Italy earmarked $28.3 billion to soften the economic impact of the world's second-biggest coronavirus outbreak on Wednesday as the Bank of ...
Mar 11, 2020
Merkel distances herself from fiscal policy of no new borrowing
BERLIN (Reuters) - Chancellor Angela Merkel on Wednesday distanced herself from her government's fiscal policy pledge of not incurring any new debt. Asked during a news conference on the coronavirus e...
Mar 11, 2020
Dubai businesses, hurt by coronavirus, pin hopes on Expo
By Nafisa Eltahir and Maha El Dahan DUBAI (Reuters) - Luxury car rental dealer Sheshan Gautham had a disappointing start to 2020 when nearly two thirds of his Chinese clients canceled bookings in Janu...
Mar 11, 2020
UK watchdog steps up coronavirus monitoring of company auditors
LONDON (Reuters) - Britain's accounting watchdog said it has begun weekly calls with top accounting firms to check if they can complete year-end audits on time. "The Financial Reporting Council is clo...
Mar 11, 2020
S&P 500 bull market will soon end: Goldman Sachs
LONDON (Reuters) - Goldman Sachs said on Wednesday the S&P 500 bull market, the longest on record, is likely to end soon, forecasting a 28% slump from its February peak as the fast-spreading coronavir...
Mar 11, 2020
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