Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Euro zone trade surplus surges as imports drop, GDP and employment in record fall
BRUSSELS (Reuters) - The euro zone's trade surplus with the rest of the world jumped in June to 21.2 billion euros ($25 billion) as the bloc's drop in imports of goods outpaced the fall of exports ami...
Aug 14, 2020
Hong Kong second-quarter GDP shrinks 9% year-on-year, full-year outlook downgraded
HONG KONG (Reuters) - Hong Kong's economy shrank 9.0% in the second quarter compared with a year earlier, the government said on Friday, as the coronavirus pandemic continued to severely hit the city....
Aug 14, 2020
Gold rush at Turkish bazaar a test of trust for lowly lira
By Ezgi Erkoyun and Jonathan Spicer ISTANBUL (Reuters) - Hasan Ayhan followed his wife's instructions last week and took their savings to buy gold at Istanbul's Grand Bazaar as Turks scooped up bullio...
Aug 14, 2020
Taiwan lowers 2020 GDP forecast again on pandemic impact
TAIPEI (Reuters) - Taiwan's economy is expected to grow 1.56% in 2020, the statistics agency said on Friday, downgrading a previous forecast of 1.67% predicted in May due to the impact of the coronavi...
Aug 14, 2020
Investors diving into everything, dumping cash: BOFA
LONDON (Reuters) - Bullish global investors yanked almost $20 billion out of cash funds over the last week and piled $13.6 billion into bonds, another $8 billion into stock markets and the ninth highe...
Aug 14, 2020
German economy will grow strongly in third-quarter but full recovery will take time: ministry
BERLIN (Reuters) - Germany's economy, which has been hit hard by the coronavirus pandemic, will expand strongly in the third quarter but a full recovery will take a long time, the Economy Ministry sai...
Aug 14, 2020
Indonesia’s central bank seen standing pat on rates next week: Reuters poll
JAKARTA (Reuters) - Indonesia's central bank is expected to keep its main policy rate unchanged next week after cutting it four times so far this year in a bid to mitigate the impact of the coronaviru...
Aug 14, 2020
Indonesia’s Widodo proposes $186 billion 2021 budget, 5.5% of GDP deficit
JAKARTA (Reuters) - Indonesian President Joko Widodo on Friday proposed to parliament a 2,747.5 trillion rupiah ($186.08 billion) budget for 2021 and pledged to continue efforts to support the economy...
Aug 14, 2020
For China’s landlords, rent-to-riches dreams fade in red flag for fragile economy
By Ryan Woo and Liangping Gao BEIJING (Reuters) - Not yet 30, Beijing office worker Li thought she was already on her way up China's private property ladder with two apartments bought and rented out. ...
Aug 14, 2020
Travel stocks drag Europe lower after fresh UK quarantine rule
(Reuters) - European shares fell on Friday as travel stocks took a hit after Britain added more European countries to its quarantine list, while disappointing retail sales data from China raised doubt...
Aug 14, 2020
