Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Thai second-quarter GDP to post record contraction, slow recovery seen: Reuters poll
By Orathai Sriring BANGKOK (Reuters) - Thailand's economy likely shrank by a new record in April-June, a Reuters poll showed on Friday, as the coronavirus pandemic battered tourism and domestic spendi...
Aug 14, 2020
Air France-KLM and French travel stocks hit by UK quarantine measure
PARIS (Reuters) - Shares in Air France-KLM and other French travel stocks fell on Friday after the United Kingdom decided to impose a 14-day quarantine on all arrivals from France. Air France-KLM shar...
Aug 14, 2020
Vietnam privatisation plans further behind schedule due to pandemic
HANOI (Reuters) - Vietnam's plan to privatise scores of state-owned enterprises (SOEs) has fallen further behind schedule amid the pandemic, with only 37 companies divested so far out of a target of 1...
Aug 14, 2020
South Korea finance minister sees third-quarter GDP bouncing back to growth quarter-on-quarter
SEOUL (Reuters) - South Korea's economy is seen bouncing back to sequential growth in the third quarter given signs of gradual recovery in recent economic data, but a slump in exports remains a major ...
Aug 14, 2020
