In March, the Belgian business sentiment index showed a significant improvement after a decline during the previous three months, according to official data. In the manufacturing industry, the indicator of business confidence rose to minus 3.1 points from minus 4.6 points in February. In the business services sector, an improvement of 5.3 points from 5.1 points was observed. Trade also showed an improvement in sentiment, here the indicator rose to minus 5.9 points from minus 6.8 points. In the construction sector, where a slight drop in demand is expected in the near future, the business climate has worsened. The mood of construction companies fell to 5.2 points from 5.5 points in February.
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
The dollar fell against its peers on Thursday as a rally in risky assets such as commodities and global equities overshadowed safe-haven demand. The Chinese yuan rose to a four-month high of 6.9875 against the dollar. Investors shrugged off ...
Japanese manufacturers’ confidence dropped in the second quarter to levels not monitored since the global financial crisis of 2009. This highlighted the damage that the novel coronavirus crisis inflicted on the export-dependent economy. The ...
Asian stocks fell earlier on Monday as the surge in COVID-19 cases in several countries dampened hopes for a quick economic recovery. The total number of cases worldwide has reached over 10 million, resulting in over 500,000 deaths as of June ...