TOKYO (Reuters) – More than half of Japanese companies believe the Tokyo Olympics, originally planned for this summer but postponed for a year due to the novel coronavirus, should be cancelled or put off again, a survey by a Japanese think-tank found. Of some 13,000 companies that responded to the poll by Tokyo Shoko Research, […]
LONDON (Reuters) – British retail sales surged past their pre-coronavirus level in July, the first full month that shops selling non-essential goods were open since the country went into lockdown in March. Separate government borrowing data showed public debt rose above 2 trillion pounds ($2.65 trillion) in July for the first time and reached 100.5% […]
(Reuters) – European shares edged higher in thin trading on Friday after data showed Germany’s manufacturing sector rebounded further in August, but gains were capped as overall recovery in euro zone business activity stalled. The German DAX .GDAXI gained 0.4% after the IHS Markit’s flash composite Purchasing Managers’ index (PMI) showed factory activity gauge rose […]
NEW DELHI (REUTERS) – An Indian parliamentary committee will question Facebook executives on how the social media giant regulates political content in the country, a panel member told Reuters on Friday (Aug 21), following controversy about its practices. Facebook and its top lobbying executive in India, Ms Ankhi Das, are facing criticism after a news […]
SINGAPORE – A virtual event offering career workshops and a guide to resources for skills training will be extended till September following a run last week that attracted more than 257,000 participants. Among the highlights are workshops to help residents better understand the job market and skill trends amid the Covid-19 pandemic and live chats […]
TOKYO (Reuters) – The dollar was on the defensive against most currencies on Friday after a rise in U.S. jobless claims and a dip in Treasury yields dampened the appeal of holding the greenback. The yuan jumped to a seven-month high against the dollar, showing that even U.S.-Sino diplomatic tension was not enough to deter […]
BEIJING • China and the United States have agreed to hold trade talks in the coming days to evaluate the progress of their phase one trade deal six months after it took effect in February, the Chinese Commerce Ministry said yesterday. Ministry spokesman Gao Feng made the comments at a weekly briefing held online, but […]
TOKYO (Reuters) – The dollar was on the defensive against most currencies on Friday after a rise in U.S. jobless claims and a dip in Treasury yields dampened the appeal of holding the greenback. The yuan jumped to a seven-month high against the dollar, showing that even U.S.-Sino diplomatic tension was not enough to deter […]
TOKYO (Reuters) – Japan’s core consumer prices were stubbornly unchanged in July, dashing hopes for a modest rise as the coronavirus pandemic hit household demand and revived fears of a national plunge back into deflation. A slow economic recovery from last quarter’s record slump is expected to weigh on prices as consumer demand collapsed amid […]
HANOI (REUTERS) – Vietnamese police have arrested four men accused of defrauding more than 5,000 Americans trying to buy Covid-19 protective equipment online out of nearly US$1 million (S$1.3 million), the Ministry of Public Security said on Thursday (Aug 20). The arrests of the four, aged between 22 and 36, were made following a joint […]