Singapore central bank brings forward disclosure of forex intervention operations

Singapore central bank brings forward disclosure of forex intervention operations © Reuters. FILE PHOTO: File photo of the logo of the Monetary Authority of Singapore at its building in Singapore SINGAPORE (Reuters) – The Monetary Authority of Singapore (MAS) said … read more

U.S. banking group warns of ‘massive’ delays, tech issues with small-business rescue program

U.S. banking group warns of ‘massive’ delays, tech issues with small-business rescue program By Michelle Price WASHINGTON (Reuters) – Hundreds of U.S. lenders are struggling to access the technology system for distributing $349 billion of government rescue loans, while the … read more

Investment professionals say ‘don’t panic’ amid coronavirus fears

Investment professionals say ‘don’t panic’ amid coronavirus fears It’s a wild ride, but just hang on. Investors can survive and eventually prosper despite the horrific pandemic-driven stock market gyrations we are experiencing, investment professionals say. “Don’t panic. Never in my … read more

Single passenger flights: The daily woes of airlines, and the crew still working

Single passenger flights: The daily woes of airlines, and the crew still working 7/7 © Reuters. Outbreak of the coronavirus disease (COVID-19) in Washington 2/7 By Tracy Rucinski (Reuters) – When Reuters photographer Carlos Barria boarded American Airlines (NASDAQ:) flight … read more

IMF praises Ukraine’s decisions on land reform, banking law

IMF praises Ukraine’s decisions on land reform, banking law © Reuters. FILE PHOTO: The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington KIEV (Reuters) – The International Monetary Fund welcomes the … read more

Assessor trying to ensure Cook County property values adjusted to reflect ‘coronavirus effect’

Assessor trying to ensure Cook County property values adjusted to reflect ‘coronavirus effect’ Aerial photo from suburban Berwyn looking towards cloud covered Chicago Friday March 27, 2020. | Brian Ernst/Sun-Times file All property owners will get a notification from the … read more

US reminds airlines travelers are entitled to cash refunds amid coronavirus disruptions

US reminds airlines travelers are entitled to cash refunds amid coronavirus disruptions The US Transportation Department on Friday issued a notice to airlines reminding them they are obligated to refund tickets when they cancel a flight or make a significant … read more

Prudential Financial to suspend applications for 30-year term life insurance policies

Prudential Financial to suspend applications for 30-year term life insurance policies (Reuters) – Prudential Financial Inc (N:) will temporarily suspend taking applications for 30-year term life insurance policies, effective April 13, a spokeswoman said on Friday. The suspension, which will … read more

Putin says restricting economic activity across Russia is ‘impractical’

Putin says restricting economic activity across Russia is ‘impractical’ © Reuters. Russian President Putin delivers a televised address to the nation about the coronavirus disease outbreak, outside Moscow MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday it would be … read more

China frees up $56 billion for virus-hit economy by slashing small banks’ reserve requirements

China frees up $56 billion for virus-hit economy by slashing small banks’ reserve requirements © Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing BEIJING (Reuters) – … read more