U.S. new home sales rebound strongly in May
WASHINGTON (Reuters) - Sales of new U.S. single-family homes increased more than expected in May, suggesting the housing market was on the…
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Tech, central bank support boost FX volumes, panel says
SINGAPORE/LONDON (Reuters) - Foreign exchange volumes have surged during the coronavirus pandemic instead of stalling as they usually do…
Trump suspends entry of certain foreign workers despite business opposition
By Ted HessonWASHINGTON (Reuters) - U.S. President Donald Trump suspended the entry into the United States of certain foreign workers on…
Wall Street opens slightly lower as virus cases mount
(Reuters) - U.S. stocks opened sightly lower on Monday as concerns of a resurgence in coronavirus infections fueled worries of another…
Stocks try to shake off second wave virus fears
By Hideyuki SanoTOKYO (Reuters) - U.S. stock futures erased losses and Asian stocks held flat on Monday, trying to shake off worries…
Dollar holds gains as fear of renewed pandemic gathers pace
By Tom WestbrookSINGAPORE (Reuters) - The U.S. dollar touched a three-week high and commodity currencies were stalled on Monday, as…
Canadian retail sales down record 26.4% in April on coronavirus shutdowns
By Kelsey JohnsonOTTAWA (Reuters) - Canadian retail sales plummeted 26.4% in April, posting a record decline for a second consecutive…
EU stimulus designed to support single market: executive chief
BRUSSELS (Reuters) - A key aim of the EU's multi-billion euro stimulus package is to prevent a widening of economic differences in bloc,…
Japan begins to unwind dominant position in dollar swaps with Fed
By Stanley WhiteTOKYO (Reuters) - Japan, the biggest taker of cheap dollar funding from the U.S. Federal Reserve during the coronavirus…
Stocks stutter as second wave virus fears test recovery hopes
By Stanley White and Katanga JohnsonTOKYO/WASHINGTON (Reuters) - Asian shares and U.S. stock futures wobbled in choppy trade on Friday…