China's new bank lending likely pulled back sharply in April from strong levels the previous month, but is still expected to be much higher than a year earlier as Beijing urges lenders to help keep coronavirus-hit companies afloat.
The Turkish lira was steady on Friday after rebounding from a record low the day before, but concerns loomed over the country's depleted currency reserves https://tmsnrt.rs/3bOJYmo and foreign financing needs as the coronavirus pandemic slows economic activity.
Indonesia reported 336 new coronavirus infections on Friday, taking the total in the Southeast Asian country to 13,112, said health ministry official Achmad Yurianto.
(RTTNews) - Nippon Steel Corp. (NISTY.PK) reported Friday that its fiscal year 2019 loss attributable to owners of parent was 431.51 billion yen, compared to last year's profit of 251.17 billion yen. Loss per share were 468.74 yen, compared to profit of 281.77 yen last year.
HONG KONG (Reuters Breakingviews) - China’s soft power is getting a lot harder thanks to Covid-19. Even before the virus first emerged in Wuhan, the nation’s partners were reconsidering their economic and diplomatic ties. Foreign criticism since is only sharpening at
South Africa's rand rose early on Friday, with sentiment toward risk and emerging market currencies boosted by an easing in tensions between China and the United States and optimism about the re-opening of some economies around the world.
Maaki Modimola sways along to a hymn in the yard of her dead sister's home in the South African township of Soweto, a bottle of sanitiser swinging in her hand.
Asian shares rose on Friday as a phone call between U.S. and Chinese officials raised hopes that trade tensions were easing, turning the focus away from looming data expected to show the American economy lost the most jobs since the Great Depression.
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, racked up its first quarterly loss in five quarters as the coronavirus pandemic battered global stock markets.
HONG KONG (Reuters Breakingviews) - China’s soft power is getting a lot harder thanks to Covid-19. Even before the virus first emerged in Wuhan, the nation’s partners were reconsidering their economic and diplomatic ties. Foreign criticism since is only sharpening at