Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BOJ will consider downgrading view on output as China lockdowns weigh – sources
TOKYO (Reuters) - The Bank of Japan will consider downgrading its assessment on factory output at this month's policy meeting, sources said, as supply disruptions caused by China's strict COVID-19 loc...
Jun 08, 2022
Australian lenders lift variable mortgage rates after RBA hike
(Reuters) - Australia's major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its hawkish tone. Th...
Jun 08, 2022
After lockdown, Shanghai tries to mend fences with foreign firms
SHANGHAI (Reuters) - Shanghai officials are seeking to revive confidence among multinational firms bruised and frustrated by the city's COVID-19 lockdown, by holding multiple meetings with foreign fir...
Jun 08, 2022
Thai central bank holds key rate at record low despite inflation
BANGKOK (Reuters) - Thailand's central bank left its key interest rate unchanged at a record low on Wednesday, as expected, maintaining support for a slow economic recovery in the face of global uncer...
Jun 08, 2022
Marketmind: Safe as houses
A look at the day ahead in markets from Sujata Rao One of the biggest challenges for central banks is to let the air out of housing markets slowly, without precipitating a collapse of a sector that is...
Jun 08, 2022
German industrial output rises smaller-than-expected 0.7% in April
BERLIN (Reuters) - German industrial production recovered but rose less than expected in April as pandemic restrictions and war in Ukraine disrupted supply chains, official data showed on Wednesday. I...
Jun 08, 2022
Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt
BERLIN (Reuters) - Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in an interview with Germa...
Jun 08, 2022
Brothers at odds, but ruling family still holds key to Sri Lanka’s future
By Alasdair Pal and Devjyot Ghoshal COLOMBO (Reuters) - It was the moment when two brothers who had dominated Sri Lanka's politics for nearly 20 years finally went their separate ways. On May 9, when ...
Jun 08, 2022
The pain after the gain: grocery deliverers reshuffle after lockdown boom
By Toby Sterling and Nadine Schimroszik AMSTERDAM (Reuters) - The grocery delivery industry that erupted in the depths of lockdown is facing a painful period of adjustment that investors say is likely...
Jun 08, 2022
Column-A ‘hurricane’ of double-digit default rates :Mike Dolan
By Mike Dolan LONDON (Reuters) - If indeed there is an economic hurricane coming, then someone should shake the junk bond market. JPMorgan boss Jamie Dimon publicly fretted last week that while the su...
Jun 08, 2022
