Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
BOJ’s Kataoka calls for stronger monetary stimulus to battle deflation risk
TOKYO (Reuters) - Bank of Japan board member Goushi Kataoka said on Thursday the central bank must buy government bonds aggressively and clarify its readiness to cut interest rates to battle the heigh...
Sep 02, 2020
China’s services sector sustains recovery as hiring picks up: Caixin PMI
BEIJING (Reuters) - The recovery in China's service sector activity extended into a fourth straight month in August, an industry survey showed on Thursday, with companies hiring more people for the fi...
Sep 02, 2020
Oil holds steady near multi-week lows on demand worries
MELBOURNE (Reuters) - Oil prices were little changed in early trade on Thursday, sitting near multi-week lows hit overnight on worries about fuel demand due to a patchy U.S. economic recovery. U.S. We...
Sep 02, 2020
Dollar bounce holds as traders trim short bets
By Tom Westbrook SINGAPORE (Reuters) - The dollar clung to overnight gains on Thursday, as investors trimmed bets against the greenback and sold the euro on concerns that the European Central Bank was...
Sep 02, 2020
Japan’s August service sector activity worsens as pandemic stymies recovery
(Reuters) - Activity in Japan's services sector contracted at a faster pace in August for the firs time in four months, as uncertainty from the coronavirus pandemic weighed on sentiment, hurting busin...
Sep 02, 2020
Top Fed staffer, whose research helped guide policy in recent years, dies
(Reuters) - Thomas Laubach, the head of the Fed division overseeing monetary policy, died on Wednesday of pancreatic cancer at age 55, just days after the release of a new central bank strategy whose ...
Sep 02, 2020
Fed’s Daly urges more government spending to boost economy
(Reuters) - San Francisco Federal Reserve President Mary Daly on Wednesday urged more government investment in roads, bridges, digital infrastructure, education, climate resiliency and other productiv...
Sep 02, 2020
Asian shares set to rise on broader U.S. rally, dollar gains
By Alwyn Scott NEW YORK (Reuters) - Asian equities were set to open higher on Thursday after stronger U.S. economic data and the prospect of additional U.S. stimulus prompted sharp, and broader, gains...
Sep 02, 2020
More than 10% of British shops vacant, survey shows
LONDON (Reuters) - More than one-in-ten British shops now stand empty, reflecting recent widespread closures which are partly the result of the coronavirus crisis, a report on Thursday showed. Researc...
Sep 02, 2020
PVH posts surprise profit as stay-at-home lifts casual clothing demand
(Reuters) - PVH Corp reported a surprise quarterly profit on Wednesday, as the apparel retailer benefited from strong demand for comfortable and casual clothing during the coronavirus-led shift to wor...
Sep 02, 2020
