[ad_1] WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is expected to lead to an
Palladium tumbles 11%, gold down over 3% amid broader sell-off
[ad_1] (Reuters) – Palladium plunged more than 11% on Thursday, en route to its biggest daily drop since 2008, while gold slipped over 3% as the United States travel ban on Europe over virus spread
ECB ramps up stimulus for virus-hit Europe but keeps some powder dry
[ad_1] FRANKFURT (Reuters) – The European Central Bank rolled out yet another stimulus package on Thursday to help fight off the coronavirus pandemic but kept some of its powder dry, putting the onus firmly on
Insurers face double whammy from coronavirus crisis
[ad_1] LONDON (Reuters) – Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy – a sharp rise in payouts at a time
Resumption of work at Foxconn factories in China beats expectations, says founder
[ad_1] FILE PHOTO: A screen shows Foxconn founder Terry Gou giving a speech as employees wearing masks attend the company’s year-end gala in Taipei, Taiwan January 22, 2020. REUTERS/Yimou Lee/File photo TAIPEI (Reuters) – Terry
India’s retail inflation moderates, paves way for RBI action
[ad_1] NEW DELHI (Reuters) – India’s retail inflation eased to a two-month low in February, helped by a smaller increase in food prices, paving the way for a potential interest rate cut by the central
Oil falls 7% as Trump surprises with travel ban
[ad_1] LONDON (Reuters) – Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after the World Health Organization described the
Indian airlines take hit as government suspends inbound visas in bid to stem coronavirus spread
[ad_1] FILE PHOTO: A health desk is set up to screen travelers for signs of the coronavirus at Maharaja Bir Bikram Airport in Agartala, India, January 31, 2020. REUTERS/Jayanta Dey/File Photo NEW DELHI (Reuters) –
Shake-up at Bank of Korea to tilt policy balance after virus fight
[ad_1] SEOUL (Reuters) – A sweeping change of guard at South Korea’s central bank next month may trigger faster policy normalisation as President Moon Jae-in keeps his sights on taming the country’s runaway home prices
Chinese premier Li says no effort must be spared to stabilise employment
[ad_1] Chinese Premier Li Keqiang, who heads a leading group on the prevention and control of the novel coronavirus outbreak, visits the Chinese Center for Disease Control and Prevention in Beijing, China January 30, 2020.