PMN Business

Gold prices bounced back on Monday from Read More

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Toyota VC invests in AI startups, firms that refine everyday processes

TOKYO -- Toyota Motor Corp's first venture capital fund is investing in startups that help the Japanese automaker refine everyday processes by bringing sharper supply-chain management and robotics to the factory floor, a fund executive said. Read More

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Blog / PMN Business / PMN Economy / REU

S.Korea’s won, Malaysian ringgit dip; Taiwan dollar gains 1%

The following table shows rates for Read More

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Shares, dollar cheer U.S. stimulus, bonds downcast

SYDNEY -- Asian shares rallied on Monday while the dollar held near three-month peaks after the U.S. Senate passage of a $1.9 trillion stimulus bill augured well for a global economic rebound, though it also put fresh pressure on Treasuries. Read More

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China forex reserves fell to $3.205 trln in Feb

BEIJING -- China's foreign exchange reserves fell less than expected in February, official data showed on Sunday. Read More

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China forex reserves fell to $3.205 trln in Feb

BEIJING -- China's foreign exchange reserves fell less than expected in February, official data showed on Sunday, due to valuation effects. Read More

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Democrats push Biden’s $1.9 trillion COVID bill through Senate on party-line vote

WASHINGTON -- The U.S. Senate on Saturday passed President Joe Biden's $1.9 trillion COVID-19 relief plan in a party-line vote after an all-night session that was delayed repeatedly as the Republican minority tried but failed to push through around three dozen amendments. Read More

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Blog / PMN Business / PMN Economy / REU

‘A side of shares’: Deliveroo to offer 50 million pounds of stock to customers

LONDON -- Deliveroo said shares worth 50 million pounds ($69 million) would be earmarked for customers in its upcoming flotation, with the offer branded "Great food with a side of shares." Read More

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Blog / BLOOM / Canada / PMN Business

ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week

(Bloomberg) -- European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations. Read More

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Senate Democrats reach deal on jobless aid in Biden’s $1.9 trillion COVID-19 bill

March 6, 2021

WASHINGTON -- Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay. Read More