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The rise in Philippine exports and imports undershot economists’ expectations in April after Covid-related mobility restrictions were reimposed to stem a surge in cases.
TOKYO: Megabanks are accelerating their structural reforms, as the traditional business environment is becoming more severe due to low interest rates and the prolonged coronavirus crisis.
TOKYO (Reuters) - After four years spent working and living alone, far from his family and friends, Tsuyoshi Tatebayashi packed his bags at the end of March and returned, at last, to his wife and two daughters.
SHANGHAI: China's benchmark lending rate is widely expected to stay unchanged for the 13th straight month at its May fixing on Thursday, a Reuters survey showed.
NEW YORK: United States investors who had been betting the Federal Reserve (Fed) would raise rates as early as the end of next year abruptly retreated from those positions on Friday after a disappointing April employment report and now see the earliest the Fed might tighten roughly two years away.
U.S. investors who had been betting the Fed would raise rates as early as the end of next year abruptly retreated from those positions on Friday after a disappointing April employment report and now see the earliest the Fed might tighten roughly two years away.
Khazanah Nasional Bhd returned to the US dollar Sukuk market where its dual-tranche offering attracted strong demand across Asia, Euope and the Middle-East.
Rakuten Group is gaining ground on traditional banks, while banks are pushing back by launching their own digital services.