Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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...
3h 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...
3h 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, ...
4h 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 ...
4h 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...
4h ago
Oil prices ease after Trump says US will end Iran war 'very quickly'
By Yuka Obayashi TOKYO, May 20 (Reuters) - Oil prices eased on Wednesday after U.S. President Donald Trump again asserted the war with Iran will end "very quickly", though investors remain wary about ...
4h ago
China leaves lending benchmarks unchanged for 12th month in May
SHANGHAI, May 20 (Reuters) - China left benchmark lending rates unchanged for the 12th consecutive month in May on Wednesday, in line with market expectations. WHY IT'S IMPORTANT Ample interbank liqui...
5h ago
Samsung Elec set to face major strike on Thursday after talks with union collapse
By Heekyong Yang, Hyunjoo Jin and Jack Kim SEJONG, South Korea, May 20 (Reuters) - Samsung Electronics' union plans for 48,000 workers to walk off the job on Thursday after efforts to clinch a deal on...
5h ago
US CFTC probes spike in oil futures trading before Trump postponed Iran strikes, WSJ reports
May 19 (Reuters) - The U.S. Commodity Futures Trading Commission is scrutinizing a surge in oil futures trading that occurred moments before U.S. President Donald Trump postponed strikes on Tehran in ...
5h ago
EU strikes provisional agreement to finalize US trade deal
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 reached with the United States last...
5h ago
