* Italian 10-yr yields drop to lowest since April * ECB meets for first time since policy tweak * Market expects extended period of stimulus (Updates prices; adds comment) LONDON,
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Home workers questioning jobs, supply chain havoc weigh on French recovery
AIX-EN-PROVENCE (REUTERS) – A shortage of qualified workers, doubts raised by working from home and supply chain havoc are proving problematic for some companies as they try to ride France’s
UPDATE 1-BOJ to trim JGB buying, seen taking more hands-off approach
(Adds detail, background) TOKYO, June 29 (Reuters) – The Bank of Japan (BOJ) on Tuesday trimmed the amount of Japanese government bonds it will purchase in the coming quarter and
Yellen warns of 'unthinkable' US default risk in August without debt limit hike
WASHINGTON (REUTERS) – US Treasury Secretary Janet Yellen on Wednesday (June 23) warned Congress that the United States risks a debt default and a new financial crisis as soon as
Number of millionaires in Singapore to surge 62% by 2025 to 437,000: Report
SINGAPORE (BLOOMBERG) – Singapore’s number of millionaires could increase by more than 60 per cent from 2020 to 2025, according to Credit Suisse Group, part of a surge in millionaires
Singapore business sentiment improves slightly but construction and transportation stay gloomy: Survey
SINGAPORE – Local companies’ business confidence for the third quarter improved marginally amid an upbeat outlook for the financial, manufacturing and wholesale sectors, according to a survey out on Monday
Japan's economy shrinks less than first reported during Covid-19 emergency
TOKYO (BLOOMBERG) – Japan’s economy shrank last quarter less than first reported, according to figures that come as yet another round of restrictions to contain the coronavirus threatens to prolong
G-7's global minimum corporate tax rate: What will it mean for Singapore?
Finance ministers from the Group of Seven (G-7) rich nations reached a landmark accord last Saturday (June 5) backing the creation of a global minimum corporate tax rate of at
Ringgit shrugs off Malaysia's Covid-19 lockdown in sign worst of losses may be over
KUALA LUMPUR (BLOOMBERG) – The ringgit has greeted the start of Malaysia’s two-week national lockdown with a show of stability, suggesting any adverse impact from the restrictions may be limited.
Japan's household spending growth hits record as demand returns
TOKYO (REUTERS) – Japan’s household spending jumped in April the most in at least two decades as consumers splurged on cars, clothing and beauty services, though the gains were inflated