Irvine Humphries Global – Singapore to Reopen Economy
Irvine Humphries Global says Singapore will open almost all its economy in June as coronavirus…
ECONOMY
U.S. core capital goods orders post biggest gain in six months
WASHINGTON, (Reuters) – New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to strong business spending on equipment at the start of the year.
U.S. core capital goods orders rebound; inflation muted
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, but the trend in both measures of business spending on equipment remained soft, leaving forecasts for weak first-quarter economic growth intact.
U.S. import prices post largest gain in nine months
WASHINGTON, (Reuters) – U.S. import prices increased by the most in nine months in February, but the trend remained weak, with prices declining for a third straight month on an annual basis.
U.S. data underscores slowing growth, muted inflation
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February.
China to lower funding costs for small and micro firms by 1 percent point this year: premier
BEIJING (Reuters) – China will take multiple measures to lower funding costs for small and micro firms by 1 percentage point this year, Premier Li Keqiang said on Friday, as the government rolls out more steps to shore up the slowing economy.
Central banks stuck in holding pattern
LONDON (Reuters) – A host of central banks meet next week, but with a global economic slowdown underway alongside political and trade strife, they are unlikely to tinker much, if at all, with policy.
China’s premier says ready to use more policy tools to help economy
BEIJING (Reuters) – The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will even cut “its own flesh” to help finance large-scale tax cuts, Premier Li Keqiang said on Friday.
Fed to raise interest rates once more in third quarter, then done: Reuters poll
BENGALURU (Reuters) – The U.S. Federal Reserve will remain patient for a little longer than thought just last month, waiting until the third quarter before raising rates once more, and then stay on the sidelines, a Reuters poll of economists showed.
U.S. job openings increase by 102,000 in January
WASHINGTON (Reuters) – U.S. job openings in January increased in January, led by vacancies at…
U.S. manufacturing sector slowing as economy loses steam
WASHINGTON (Reuters) – U.S. manufacturing output fell for a second straight month in February and factory activity in New York state hit nearly a two-year low this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter.
U.S. factory orders barely rise; shipments fall further
WASHINGTON (Reuters) – New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity.