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Dollar falls as focus shifts to recovery prospects
By Stanley WhiteTOKYO (Reuters) - The dollar fell against most Asian currencies on Wednesday as prospects of more government stimulus…
Bank of America pledges $1 bln to address racial, economic inequality
(Reuters) - Bank of America Corp (NYSE:BAC) on Tuesday pledged $1 billion to help communities across the country address economic and racial…
Exclusive: China approves $20 billion mega petchem complex in Shandong oil hub – sources
By Chen AizhuSINGAPORE (Reuters) - China is reviving a $20 billion petrochemical project in eastern Shandong province as part of efforts…
Stocks under pressure as Trump vows to end violent protests
By David HenryNEW YORK (Reuters) - Asian stocks were set to come under pressure on Tuesday following a dip in Wall Street futures as…
Dollar on defensive as markets pin hopes on global economic recovery
By Hideyuki SanoTOKYO (Reuters) - The dollar was on the defensive on Tuesday as investors stuck to hopes of a global economic recovery…
Rich world’s jobs crisis jolts money flows to millions
By Nelson Renteria, Drazen Jorgic and Sofia Menchu(Reuters) - Carlos Sosa, a Salvadoran waiter in New York, used to send up to $500 a…
China asks state firms to halt purchases of U.S. soybeans, pork, say sources
BEIJING (Reuters) - China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar…
Asia cautious as U.S. riots weigh on S&P futures
By Wayne ColeSYDNEY (Reuters) - Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning…
Coronavirus depresses U.S. consumer spending in April
WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand,…
Fed’s Powell to speak as focus turns from crisis to bond-buying
By Howard SchneiderWASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell will speak in a public webcast on Friday, with the details…