Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view - sources6/5/2020 7:57:00 AM The Bank of Japan is likely to maintain this month its projection that the economy will gradually recover from the damage wrought by the coronavirus pandemic in the latter half of this year, sources said.
Virtual certainty? Bankers ask if success of remote roadshows will last6/5/2020 7:54:20 AM Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock exchange?
Authors retract Lancet article that found risks in hydroxychloroquine against COVID-196/5/2020 7:48:57 AM An influential medical journal article that found hydroxychloroquine increased the risk of death in COVID-19 patients was retracted on Thursday, adding to controversy around a drug championed by U.S. President Donald Trump.
Does drug touted by Trump work on COVID-19? After data debacle, we still don't know6/5/2020 7:29:42 AM Scientists are resuming COVID-19 trials of the now world-famous drug hydroxychloroquine, as confusion continues to reign about the anti-malarial hailed by U.S. President Donald Trump as a potential "game-changer" in fighting the pandemic.
Ocean shipping shrinks as pandemic pummels retailers6/5/2020 7:00:28 AM The $1 trillion container shipping industry is in a slowdown. Literally.
'Get your knee off our necks,' activist Sharpton tells George Floyd memorial6/5/2020 6:55:07 AM Prominent civil rights activist the Rev. Al Sharpton told mourners on Thursday George Floyd's fatal encounter with police and the nationwide protests his death ignited marked a reckoning for America over race and justice, demanding, "Get your knee off our necks."
Asian stocks set for best weekly gain in nine years, U.S. jobs eyed6/5/2020 6:41:28 AM Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe's central bank surprised with more stimulus, fuelling hopes for a global rebound.
Expecting a spike in bitcoin? Investors say it may take time6/5/2020 5:41:46 AM Investors expecting a sudden surge in bitcoin's price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coins are generated, may have to wait a few months, or perhaps a few years.
Hong Kong's free media fears being silenced by China's national security law6/5/2020 5:29:15 AM When a team of producers at Radio Television Hong Kong (RTHK) heard on May 19 that the publicly funded broadcaster planned to axe one of its most popular weekly shows, they rushed to the building next door to confront the station's head.
Video shows police in Buffalo, New York, shoving 75-year-old to ground6/5/2020 5:16:45 AM Two Buffalo, New York, police officers were suspended without pay on Thursday after a video showed them shoving a 75-year-old man to the ground, as protests over the police killing of George Floyd continued into their tenth night.
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May6/5/2020 4:11:46 AM The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.
As coronavirus sinks global demand, China’s exporters go online to tap domestic market6/5/2020 4:04:44 AM At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.
Philippines' Duterte renews threat to kill drug dealers after big bust6/5/2020 3:59:30 AM Philippine President Rodrigo Duterte renewed on Friday a threat to kill drug dealers after police seized 756 kg (1,667 lb) of methamphetamines, a haul he said proved the Southeast Asian country had become a transhipment point for narcotics.
Goldman Sachs executive's email making plea for racial equality goes viral at firm6/5/2020 3:33:52 AM An email by a Goldman Sachs Group Inc employee about his experiences of racial injustice and criticizing managers at the Wall Street bank for not supporting junior bankers from diverse backgrounds went viral at the firm this week.
'How it's going ...' Goldman executive's email on racial inequality in America6/5/2020 3:33:52 AM Frederick Baba, a managing director at Goldman Sachs who is black, sent the following email to colleagues at the bank on June 2:
White defendant used racial slur after shooting Ahmaud Arbery, investigator testifies6/5/2020 3:08:43 AM One of the white men charged in the Georgia killing of Ahmaud Arbery used a racial slur after shooting the unarmed black man, an investigator testified in court on Thursday, an explosive allegation in one of the cases roiling race relations in the United States.
Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies6/5/2020 3:01:56 AM U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq's recent decision to tighten listing rules for such players should be "a model" for all other exchanges around the world.
Video of Floyd's death offers clues into ex-Minneapolis officers' possible defense, say legal experts6/5/2020 1:00:38 AM The video of George Floyd's death offers clues into how three former Minneapolis police officers charged with aiding and abetting his murder could defend themselves, from saying they didn't know excessive force was used to deferring to a senior officer, according to some legal experts.
U.S. EPA proposes changes to how clean air rules are written6/5/2020 12:59:08 AM The U.S. Environmental Protection Agency released on Thursday a proposed overhaul of how major clean air rules are written by changing the cost-benefit analysis process, a move that would affect the stringency of future regulations.
Attorney General Barr says foreign groups, extremists stoking divisions in U.S. protests6/5/2020 12:58:22 AM U.S. Attorney General William Barr said on Thursday that foreign interests and "extremist agitators" tied to the Antifa movement have tried to exploit nationwide protests over the latest in a long series of killings of black men by white police officers.