Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Dollar sold on stimulus hopes and recovery prospects
By Tom Westbrook SINGAPORE (Reuters) - The dollar was on the defensive at a one-week low on Thursday, as robust U.S. data and fresh hopes for U.S. fiscal stimulus had investors confident enough about ...
Sep 30, 2020
Global housing markets face tougher year in 2021 – Reuters poll
By Shrutee Sarkar and Rahul Karunakar BENGALURU (Reuters) - Most major housing markets won't keep up with consumer price inflation in 2021 and are faced with multiple downside risks despite rising str...
Sep 30, 2020
Japan ruling party heavyweight says to consider ‘large-scale, bold’ spending package – Nikkei
By Leika Kihara TOKYO (Reuters) - Japan will consider compiling a "large-scale, bold" additional fiscal stimulus package to cushion the economic blow from the coronavirus pandemic, ruling party heavyw...
Sep 30, 2020
Asian shares set for bouncy session after Wall Street gains, weak dollar
By Katanga Johnson WASHINGTON (Reuters) - Asian equities were poised for a bouncy session on Thursday after U.S. stocks posted a second consecutive quarter of gains and safe-haven assets, including th...
Sep 30, 2020
American Airlines is moving ahead with furloughs, CEO says
CHICAGO (Reuters) - American Airlines is moving ahead with 19,000 employee furloughs on Thursday, Chief Executive Doug Parker said in a memo to employees on Wednesday. U.S. airlines have asked the U.S...
Sep 30, 2020
More than 7,500 finance jobs have left Britain for Europe, EY Brexit tracker
By Huw Jones LONDON (Reuters) - More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consult...
Sep 30, 2020
Energy security and economic fears drive China’s return to coal
By David Stanway QINGYANG, China (Reuters) - Red coal trucks zip up and down narrow dirt tracks, churning up clouds of dust in China's remote Gansu province. Nearby, the towering stanchions of a new r...
Sep 30, 2020
Fed’s Daly says U.S. economy needs more fiscal support: CNBC
(Reuters) - A top U.S. central banker on Wednesday again urged more fiscal support from Congress to help heal the economy even as Senate Majority Leader Mitch McConnell said Republicans and Democrats ...
Sep 30, 2020
BMO says 1.7% of expired commercial loan deferrals showing defaults/delinquency
TORONTO (Reuters) - Only about 1.7% of Bank of Montreal's commercial loans whose pandemic-related repayment deferrals have expired are in default or are delinquent, executives said on Wednesday. Outsi...
Sep 30, 2020
U.S. presidential debate reinforces election fears in options markets
By April Joyner NEW YORK (Reuters) - A fractious U.S. presidential debate on Tuesday night has done little to ease market worries that the results of the Nov. 3 election will be contested or uncertain...
Sep 30, 2020
