• Pandemic pushes Japanese service sector sentiment to record lows

    13 May 2020 01:27 PM |

    A survey by the Cabinet Office released today shows that morale in Japan's services sector fell to a record low in April, indicating an intensification of pressure on the economy from coronavirus-driven

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  • Oil falls amid fears of second wave of coronavirus and rising US inventories

    13 May 2020 11:23 AM |

    il prices fell today amid concerns about a possible second wave of coronavirus cases in countries that have eased lockdowns, which could lead to renewed restrictions while industry data showed that US

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  • RBNZ expands QE to mitigate consequences of coronavirus

    13 May 2020 10:25 AM |

    As expected the Reserve Bank of New Zealand (RBNZ) kept interest rates unchanged at 0.25%

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  • US automakers are beginning to return to work

    12 May 2020 11:38 AM |

    Factory workers began returning to assembly lines in Michigan on Monday, paving the way for the US auto sector to reopen, but this has raised fears of a second wave of coronavirus

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  • Plans to reopen factories in Michigan stalledPlans to reopen factories in Michigan stalled

    11 May 2020 04:07 PM |

    Michigan was to allow its factories to resume production on Monday after more than six weeks of closure due to the coronavirus, thereby removing a major hurdle for North American automakers

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  • Bank of Japan Summary: Risks facing pace of post-virus recovery

    11 May 2020 01:48 PM |

    The Bank of Japan indicated that there are many downside risks facing the pace of economic recovery

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  • Whitehouse considers more coronavirus aid

    11 May 2020 12:40 PM |

    Officials said on Sunday that the White House has started informal talks with Republicans and Democrats in Congress on what should be included in another

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  • German exports fell in March as coronavirus impacts demand

    8 May 2020 01:24 PM |

    German exports fell by 11.8% in March, the Federal Statistical Office said on Friday, its biggest drop since current records began in 1990, as the coronavirus crisis reduced demand for goods from Europe'

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