Economy5 hours ago (Jun 02, 2020 02:00AM ET) (C) Reuters. A worker pushing a trolley walks with pedestrians past the Reserve Bank of Australia (RBA) head office in central Sydney By Swati Pandey SYDNEY (Reuters) – Australia’s central bank held rates at all-time lows on Tuesday and sounded less gloomy as the economy gradually re-opens […]Read More

Economy4 hours ago (Jun 02, 2020 03:10AM ET) (C) Reuters. FILE PHOTO: An industrial port is pictured in Tokyo By Hyunjoo Jin SEOUL (Reuters) – South Korea said on Tuesday it would recommence proceedings against Japan at the World Trade Organization over export controls on some high-tech materials, adding that talks to resolve the dispute […]Read More

Economy6 hours ago (Jun 02, 2020 01:30AM ET) (C) Reuters. Outbreak of the coronavirus disease (COVID-19) in Frankfurt BERLIN (Reuters) – The number of workers in Germany on reduced hours has risen to 7.3 million, a poll of economic institute Ifo showed on Tuesday, as the coronavirus pandemic is affecting almost all sectors. The number […]Read More

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(C) Reuters. ‘No-Deal’ Brexit Threat Looms Over Pandemic-Ravaged U.K. Economy (Bloomberg) — The threat of a no-deal Brexit is back — and with it the risk that the U.K. economy’s shaky recovery from the coronavirus pandemic will be hobbled. As British and European Union negotiators head into the last round of talks scheduled before a […]Read More

Economy8 hours ago (Jun 01, 2020 11:30PM ET) (C) Reuters. G20 Finance Ministers and Central Bank Governors Meeting in Fukuoka TOKYO (Reuters) – Japan has no immediate plan to issue “corona-bonds,” or bonds issued specifically to cover the cost of combating the coronavirus pandemic, Finance Minister Taro Aso said on Tuesday. “We’re able to sell […]Read More

Economy8 hours ago (Jun 01, 2020 11:10PM ET) (C) Reuters. Containers are piled up at Port Botany facilities in Sydney By Wayne Cole SYDNEY (Reuters) – Australia boasted a record current account surplus last quarter as firm export prices and a fall in imports provided a timely boost to growth, just as much of the […]Read More

Economy8 hours ago (Jun 01, 2020 10:55PM ET) (C) Reuters. A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo By Leika Kihara TOKYO (Reuters) – The balance of money circulating in Japan’s economy reached $5 trillion in May, hitting a record high […]Read More

Economy9 hours ago (Jun 01, 2020 10:26PM ET) (C) Reuters. FILE PHOTO: Argentine Economy Minister Martin Guzman reacts during an interview with Reuters, in Buenos Aires By Hugh Bronstein and Rodrigo Campos BUENOS AIRES/NEW YORK (Reuters) – Argentina extended the deadline to negotiate with its creditors to June 12 and may sweeten its most recent […]Read More

Economy10 hours ago (Jun 01, 2020 09:15PM ET) (C) Reuters. Japan’s new Economy, Trade and Industry Minister Hiroshi Kajiyama attends a news conference at the ministry in Tokyo TOKYO (Reuters) – Japan is engaged in dialogue with South Korea on export controls, the Japanese trade minister said on Tuesday, declining to elaborate on Seoul’s request […]Read More