Stocks fell slightly Friday morning despite the better than expected jobs report, as new fears about economic tensions between the United States and China cast a shadow over Wall Street after …
Japan in deals with AstraZeneca, Novavax for COVID-19 vaccines
Japan plans to buy AstraZeneca Plc’s experimental COVID-19 vaccine and fund a local company to manufacture Novavax’s vaccine candidate, ramping up its stockpile plan as it battles surging infections.
Japan’s Spending Slump Eases as Economy Reopens, COVID-19 Clouds Outlook
Japan’s household spending fell at a much slower pace in June than in the previous month as the economy re-opened from lockdown measures to contain the coronavirus pandemic, offering some hope of a …
Taiwan’s July exports unexpectedly rise, but outlook uncertain
Taiwan’s exports surprisingly rose in July after four months of falls, but the government warned of uncertainties as global coronavirus cases spike and U.S.-China tensions deepen.
Taiwan July exports up 0.4% yr/yr, beat expectations
Taiwan’s exports, imports and trade balance for July, released by the Ministry of Finance on Friday. JULY REUTERS POLL JUNE Exports (y/y %) 0.4 -0.22 -3.8 Imports (y/y %) -6.8 -3.1 -8.6 Trade balance …
China’s central bank declares Baoshang Bank bankrupt as it picks apart Xiao Jianhua’s financial empire
Baoshang was taken over by the government in May 2019, part of an onerous process by the financial and banking regulators to clean it up, recapitalise and resuscitate it to avoid a whole scale …
MAS urges finance firms to cap dividends, following similar advice to banks
Finance companies incorporated in Singapore have been urged to cap their dividends, said the Monetary Authority of Singapore (MAS) on …
Singapore c.bank urges finance firms to cap dividends
The Monetary Authority of Singapore said on Friday it had urged finance companies incorporated in the city-state to cap their dividends in order to improve their ability to support the credit needs of …
MetLife Foundation Commits $500,000 to Lebanon Relief Effort
MetLife Foundation announced today a commitment of $500,000 to help Lebanon recover and rebuild from the Beirut port explosion.
Asian Refiners to Ask for Less Crude After Saudi Cut Underwhelms
Several Asian refiners struggling with weakening demand will ask Saudi Arabia for less crude next month after the kingdom cut official selling prices by a smaller amount than the processors had been …