(Reuters) – Analysts continue to lift Asian companies’ forward-12 month earnings on optimism over economic recovery, although last month’s upgrades were the smallest in nine months, hit by worries over a surge in coronavirus infections in some areas.FILE PHOTO: A currency dealer, wearing a mask to prevent contracting the coronavirus, looks at electronic boards showing the Korea Composite Stock Price […]
Read more* Current GDP growth forecast is 3.0% this year * Reiterates economy to shrink in Q1 y/y and q/q * Says monetary policy to remain accommodative * Sees inflation close to lower end of target range from Q2 (Adds detail, quotes) BANGKOK, April 9 (Reuters) – Thailand’s economy may expand less than forecast this year, a central bank official said […]
Read moreSlideshow ( 2 images )BANGKOK (Reuters) – At least 12 hospitals in Thailand’s capital, Bangkok, said as of Friday they were suspending testing for COVID-19 due to high demand and shortage of supplies, amid a new spike in cases. The hospitals issued notices on their social media and on messaging apps this week, some saying the suspension would last only […]
Read moreFox Business Flash top headlines for April 8 Check out what’s clicking on FoxBusiness.com. Impossible Foods Inc is preparing for a public listing that could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter. This would be substantially more than the $4 billion the company was worth in a private […]
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SINGAPORE (Reuters) – Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic.FILE PHOTO: The sun sets behind the chimneys of the Total Grandpuits oil refinery, southeast of Paris, France, March 1, 2021. REUTERS/Christian HartmannBrent crude futures for June climbed […]
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New York (CNN Business)General Motors is temporarily shutting down more auto plants, leading to tight inventories at dealerships and higher prices for customers. The global chip shortage is to blame. The company announced it would shut production at two US plants — in Spring Hill, Tennessee, and Lansing Delta Township, Michigan, in the coming weeks. GM also extended shutdowns at […]
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Workers load a container holding doses of the AstraZeneca’s vaccine against the coronavirus disease (COVID-19) that arrived under the COVAX scheme, in Alajuela, on the outskirts of San Jose, Costa Rica April 7, 2021. REUTERS/Mayela Lopez NO RESALES. NO ARCHIVESSAN JOSE (Reuters) – Costa Rica will use AstraZeneca’s COVID-19 vaccine after assessing guidance from the European Medicines Agency (EMA) on […]
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ROME (Reuters) – Italian Prime Minister Mario Draghi said on Thursday vaccines should for now on only be given to the elderly and appealed to regional governments and individuals not to flout his guidelines.FILE PHOTO: Italy’s Prime Minister Mario Draghi speaks during a news conference after a cabinet meeting in Rome, Italy, March 19, 2021. Alberto Pizzoli/Pool via REUTERS/File PhotoUnlike […]
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A Charles Schwab survey revealed that 15% of US retail investors began investing in 2020. The survey also debunked the notion that new entrants are mostly young and aggressive. Schwab calls this recent addition Generation Investor, or Gen I. Sign up here for our daily newsletter, 10 Things Before the Opening Bell A recent survey from Charles Schwab indicates that […]
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