Stock Markets3 hours ago (Aug 03, 2020 06:20AM ET) (C) Reuters. LONDON (Reuters) – Investors in property funds should wait up to 180 days before they can get their money back, Britain’s Financial Conduct Authority proposed on Monday. Open-ended property funds offer daily redemptions to entice investors, but many remain suspended after market volatility in […]
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Economy5 hours ago (Aug 03, 2020 04:56AM ET) 2/2 (C) Reuters. 74-year-old store clerk Tadashi Sato works at the electronics retailer Nojima’s store in Fujisawa 2/2 By Kiyoshi Takenaka FUJISAWA, Japan (Reuters) – At Japanese electronics retailer Nojima’s (T:7419) sales outlet in Fujisawa, south of Tokyo, Tadashi Sato, 72, is defining a work culture that […]
Economy5 hours ago (Aug 03, 2020 04:20AM ET) (C) Reuters. A sign is pictured in front of the chair of the Director General before the start of the General Council of the World Trade Organization (WTO) in Geneva GENEVA/BRUSSELS (Reuters) – Eight candidates from Mexico to Moldova are bidding to become the next director-general of […]
Economy6 hours ago (Aug 03, 2020 03:50AM ET) (C) Reuters. Thailand’s central bank is seen at the Bank of Thailand in Bangkok By Orathai Sriring BANGKOK (Reuters) – Thailand’s central bank is widely expected to leave its key interest rate unchanged at a record low after three cuts this year to help cushion the economic […]
Economy7 hours ago (Aug 03, 2020 02:45AM ET) (C) Reuters. Chinese and U.S. flags flutter in Shanghai BEIJING (Reuters) – China’s commerce ministry said on Monday it has started an anti-dumping probe into imports from the United States of polyphenylene ether, a polymer prized for its heat resistance and used in the automotive and electronics […]
Economy7 hours ago (Aug 02, 2020 08:55PM ET) (C) Reuters. FILE PHOTO: A worker works at a plant of Hyundai Motor in Asan SEOUL (Reuters) – South Korea’s manufacturing activity shrank at a much slower pace in July, signalling that a gradual recovery in demand is gaining momentum on easing lockdowns, although the resurgence in […]
Economy7 hours ago (Aug 02, 2020 08:20PM ET) (C) Reuters. SAN SALVADOR (Reuters) – El Salvador’s Congress on Sunday approved a $250 million loan from the Inter-American Development Bank (IDB) aimed at tackling the coronavirus pandemic a day after the financing appeared to be in jeopardy due to political squabbling. The government and Congress failed […]
Stock Markets10 hours ago (Aug 02, 2020 05:27PM ET) (C) Reuters. Australia Braces for Economic Hit as Melbourne Put Under Curfew (Bloomberg) — Australia’s Treasurer Josh Frydenberg said the economy faces another significant hit after Victoria extended a lockdown across the whole state and placed its capital Melbourne under a nighttime curfew. Frydenberg said Treasury […]
Coronavirus11 hours ago (Aug 02, 2020 04:35PM ET) (C) Reuters. Minneapolis Federal Reserve Bank President Neel Kashkari poses during an interview with Reuters in his office at the bank’s headquarters in Minneapolis WASHINGTON (Reuters) – The U.S. economy could benefit if the nation were to “lock down really hard” for four to six weeks, a […]