by dellons | Apr 1, 2020 | Business News
Japanese shares have plummeted on the first day of the new fiscal year as investors braced for a lockdown of Tokyo, a global recession, and sharp cuts in corporate earnings and dividend payouts due to the coronavirus pandemic. The benchmark Nikkei average fell 4.5 per...
by dellons | Apr 1, 2020 | Business News
China’s factory activity has improved in March after plunging a month earlier, a private survey showed, but the bare minimal growth highlighted the intense pressure facing businesses as the global coronavirus pandemic shuts down many countries. The Caixin/Markit...
by dellons | Apr 1, 2020 | Business News
Regional Express (Rex) has reversed a decision to suspend its Queensland operations following a “last-minute” intervention by the state government. The regional airliner will resume its services on April 1 on a reduced scheduled to be introduced on all...
by dellons | Apr 1, 2020 | Business News
Confidence among large Japanese manufacturers fell sharply in March due to a tax hike and the novel coronavirus crisis, the Bank of Japan’s Tankan survey showed on Wednesday. The index for the quarterly survey slid to minus 8 from zero three months ago, falling...
by dellons | Apr 1, 2020 | Business News
Reserve Bank board members decided it was likely Australia’s economy would shrink across the March and June quarters – and potentially even longer – when it cut the cash rate to a record low 0.25 per cent to fight the impact of the coronavirus. The...
