Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. firms in China increasingly fear soured ties will last for years: survey
By Brenda Goh SHANGHAI (Reuters) - U.S. companies in China are increasingly fretful that trade tensions between the world's two biggest economies will drag out over years and nearly a third said their...
Sep 09, 2020
India’s Reliance Jio to roll out 100 million low-cost phones by December: Business Standard
BENGALURU (Reuters) - Reliance Industries Ltd's telecom unit is looking to outsource the manufacturing of over 100 million low-cost smartphones that will be built on Google's Android platform, India's...
Sep 08, 2020
SoftBank unveils headquarter just as COVID-19 forces office decamp
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp on Wednesday unveiled the building that will house its new WeWork-designed headquarters, in a long-planned move that comes just as the COVID-19 pand...
Sep 08, 2020
Samsung, LG Display to stop supplying panels to Huawei due to U.S. restrictions: Chosun
SEOUL (Reuters) - Samsung Electronics' display unit and LG Display Co Ltd are expected to stop supplying panels for premium smartphones to Huawei Technologies [HWT.UL] due to U.S. restrictions, South ...
Sep 08, 2020
South Korea August bank lending to households posts biggest jump on record
SEOUL (Reuters) - South Korea's bank lending to households in August surged by the biggest monthly amount on record, led by mortgage borrowing and credit loans for stock investments, central bank data...
Sep 08, 2020
Oil falls further amid growing alarm over coronavirus second wave
TOKYO (Reuters) - Oil futures fell further on Wednesday after big declines the previous session with Brent sliding below $40 a barrel for the first time since June as COVID-19 cases rebounded in sever...
Sep 08, 2020
Australia July home loans jump sharply as mobility restrictions eased
SYDNEY (Reuters) - Australia's owner-occupied home loan commitments surged by the largest in a year in July as the coronavirus-induced social distancing restrictions eased in most states and territori...
Sep 08, 2020
China August PPI -2.0% year on year, CPI up 2.4% year on year
BEIJING (Reuters) - China's factory gate prices fell in annual terms for the seventh straight month in August, but at the slowest rate since March, official data showed on Wednesday, suggesting the co...
Sep 08, 2020
Liquidation business booms in South Korea as wave of small retailers close due to virus
By Cynthia Kim and Hyun Young Yi SEOUL (Reuters) - You Young-sik has tried his luck running businesses, but when his convenience store, a sausage factory and a second-hand furniture shop all failed, h...
Sep 08, 2020
Japan’s households, firms keep hoarding cash at record pace as COVID-19 strains broaden
By Leika Kihara TOKYO (Reuters) - Japan's currency in circulation and bank deposits rose at a record annual pace in August as companies and households continued to pile up cash to guard against the co...
Sep 08, 2020
