Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Morning Bid: As stocks slump, cue Nvidia
A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough, highly anticipated Nvidia earnings today could swing shares of the world's most v...
52m ago
Indonesia's Prabowo announces 2027 fiscal deficit target of 1.8% to 2.4% of GDP
JAKARTA, May 20 (Reuters) - Indonesia's President Prabowo Subianto announced on Wednesday a fiscal deficit target range of 1.8% to 2.4% of gross domestic product for next year, with the aim of achievi...
1h ago
China says it will buy 200 Boeing jets, seek extension of US tariff truce
BEIJING, May 20 (Reuters) - China will buy 200 Boeing jets and seek an extension of the trade agreement with the U.S. that was reached in Kuala Lumpur last year, the Chinese Commerce Ministry said on ...
1h ago
Analysis-Australia's tax changes will re-wire investors to chase income
By Scott Murdoch SYDNEY, May 20 (Reuters) - Australia's planned tax overhaul is set to reshape the market's investment landscape, with high-dividend blue chips poised to benefit at the expense of grow...
1h ago
HSBC CEO says AI will destroy and create new jobs, urges staff to embrace change
By Selena Li HONG KONG, May 20 (Reuters) - HSBC Chief Executive Georges Elhedery said on Wednesday AI would destroy and create certain jobs in the financial industry, and the bank was retraining its w...
2h ago
EU paves way to finalise US trade deal and avoid Trump tariff hike
By Philip Blenkinsop BRUSSELS, May 20 (Reuters) - The European Union struck a provisional agreement on Wednesday on legislation to remove import duties on U.S. goods, a key part of the trade deal reac...
2h ago
Samsung Elec talks break down, union to go on strike
SEOUL, May 20 (Reuters) - The South Korean labour union for employees of Samsung Electronics will go ahead with its planned strike on Thursday after failing to reach a pay deal under the government-me...
2h ago
Bessent's support for BOJ may clear political hurdles for June hike
By Leika Kihara TOKYO, May 20 (Reuters) - U.S. Treasury Secretary Scott Bessent's jab at Japan's dovish premier may help clear political hurdles for the Bank of Japan to raise interest rates in June, ...
3h ago
Asian stocks fall for 4th day as higher yields bite, all eyes on Nvidia results
By Stella Qiu SYDNEY, May 20 (Reuters) - Asian stocks fell for a fourth straight session on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see ...
3h ago
Dollar at six-week high on rate-hike bets, Iran war uncertainty
By Ankur Banerjee SINGAPORE, May 20 (Reuters) - The U.S. dollar was steady near a six-week high on Wednesday as investors come to terms with the possible need for higher interest rates to tackle infla...
3h ago
