Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
South Korea ramps up economic stimulus as coronavirus restrictions bite
SEOUL (Reuters) - Measures imposed in South Korea to blunt a surge in coronavirus cases will hurt Asia's fourth-biggest economy, the government warned on Tuesday, after unprecedented restrictions went...
Aug 31, 2020
China’s August export orders shake off COVID gloom, fuelling factory expansion: Caixin PMI
BEIJING(Reuters) - China's factory activity expanded at the fastest clip in nearly a decade in August, bolstered by the first increase in new export orders this year as manufacturers ramped up product...
Aug 31, 2020
South Korea’s exports fall for sixth month but demand seen picking up
By Joori Roh SEOUL (Reuters) - South Korean exports fell for a sixth straight month in August, mainly due to fewer working days, but global demand is starting to pick up thanks to easing lockdown meas...
Aug 31, 2020
Oil rises in shift to risk assets as U.S. dollar slides
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose in early trade on Tuesday, reversing overnight losses, as investors shifted to risk assets and out of the safe-haven U.S. dollar, which slid to a m...
Aug 31, 2020
Dollar nurses losses on rate outlook, Aussie looks to RBA
By Stanley White TOKYO (Reuters) - The dollar languished near multi-year lows against most major currencies on Tuesday as the Federal Reserve's new policy framework continued to fuel bets that U.S. ra...
Aug 31, 2020
Japan’s August factory activity shrinks at slowest pace in six months: PMI
TOKYO (Reuters) - Japan's factory activity contracted at the slowest pace in six months in August, reducing some of the heat on policymakers pressured to take more radical steps to prevent the economy...
Aug 31, 2020
Japan’s second-quarter capex sees biggest decline since 2010 on pandemic blow
By Daniel Leussink TOKYO (Reuters) - Japanese firms cut spending on plant and equipment by the most in a decade in the second quarter, the government said on Tuesday, as the coronavirus pandemic deliv...
Aug 31, 2020
Asian stocks edge lower after Wall Street dips in month-end trade
By Alwyn Scott NEW YORK (Reuters) - Asian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve comments that sugge...
Aug 31, 2020
Japan’s jobless rate rises to 2.9% in July: government
TOKYO (Reuters) - Japan's jobless rate rose while the availability of jobs declined in July, government data showed on Tuesday. The seasonally adjusted unemployment rate was 2.9% in July, up from 2.8%...
Aug 31, 2020
South Korea ready to boost policy support should virus outbreak worsen: vice finance minister
SEOUL (Reuters) - South Korea is ready to boost policy support to aid the economy hammered by the coronavirus should the rate of infection worsen significantly, its vice finance minister said on Tuesd...
Aug 31, 2020
