Category Archives:
China will give cash subsidies to airlines for two months
BEIJING (Reuters) - China's finance ministry said on Thursday that it would offer subsidies to Chinese airlines from May 21 to July 20, to help carriers weather the COVID-19 downturn. Cash support wil...
May 25, 2022
Philippines’ Marcos names new finance chief and central bank governor
MANILA (Reuters) - Philippine President-elect Ferdinand Marcos on Thursday announced the current central bank governor Benjamin Diokno would be his finance minister when he takes office next month. Di...
May 25, 2022
China car sales up 34% on April but still weaker than last year – industry
SHANGHAI (Reuters) -Chinese retail car sales data for May has added to a picture of a grinding economic recovery from severe anti-pandemic measures, with manufacturers selling more vehicles than last ...
May 25, 2022
China central bank urges more lending to small firms amid COVID shocks
BEIJING (Reuters) -China's central bank said on Thursday it would promote more credit for smaller firms and boost financial institutions' confidence to lend funds, as policymakers struggle to get the ...
May 25, 2022
Dollar hovers near one-month low as Fed minutes lack surprise
By Kevin Buckland TOKYO (Reuters) - The safe-haven dollar hovered near a one-month low on Thursday amid improving risk appetite after minutes of the Federal Reserve's May meeting confirmed the potenti...
May 25, 2022
Gold dips on rising yields after Fed minutes signal patience
By Bharat Gautam (Reuters) -Gold prices edged lower on Thursday as Treasury yields gained, after the appeal of bullion was somewhat restored by minutes of a U.S. Federal Reserve policy meeting that sh...
May 25, 2022
Qantas cuts domestic capacity as fuel prices surge
(Reuters) - Australia's Qantas Airways Ltd said on Thursday it needs to "rebalance" capacity and airfares to cover the cost of surging fuel prices, cutting its domestic capacity by a few basis points....
May 25, 2022
Asian shares stumble on growth worries as central banks tighten
By Andrew Galbraith SHANGHAI (Reuters) - Asian share markets slipped on Thursday after minutes from the Federal Reserve's early May meeting showed a majority backing half-percentage-point rate hikes i...
May 25, 2022
Canada customer data firm Telus makes $830 million play for Australia’s Appen
(Reuters) -Canadian data analytics software maker Telus International made a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, the target company said on Thursday, sending i...
May 25, 2022
Australia business investment dips in Q1, outlook sharply upgraded
By Wayne Cole SYDNEY (Reuters) -Australian business investment fell unexpectedly in the first quarter as floods and bottlenecks hit building work, though firms sharply lifted plans for spending in the...
May 25, 2022
Peoria, IL, USA
38 °F Partly cloudy
