U.S. flight rules on China visits will pose new airline challenges
The U.S. Department of Homeland Security (DHS) issued rules on Sunday to implement new restrictions on Americans who have recently visited China to address the threat of the coronavirus.
Exclusive: Germany ran world’s largest current account surplus in 2019: Ifo
Germany’s current account surplus remained the world’s largest last year despite trade tensions, the Ifo economic institute said on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel’s fiscal policies.
Investors brace for ugly start to post-holiday trade in China
Investors are bracing for a potential plunge in Chinese markets on Monday when onshore trade in stocks, bonds, yuan and commodities resumes following the Lunar New Year break and a steep global selldown on fears about the spread of a new virus.
Honda plans to resume Wuhan plant production with Dongfeng on February 14
Japanese automaker Honda Motor Co plans to resume car production at its China venture with Dongfeng Automobile on Feb. 14, according to current government guidance, a company spokesman told Reuters on Sunday.
China to inject $174 billion of liquidity on Monday as markets reopen
China’s central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.
Credit Suisse also spied on Greenpeace: newspaper
Credit Suisse , which has faced a scandal related to spying on senior executives, also conducted espionage against Greenpeace, Swiss newspaper SonntagsZeitung reported.
Malaysia regulator to probe if AirAsia broke rules in Airbus deals
Malaysia’s securities regulator said on Sunday it will examine whether AirAsia Group and unit AirAsia X broke securities laws, after UK prosecutors accused executives of receiving bribes from Airbus for buying planes.
China to inject $174 billion of liquidity on February 3 as markets reopen
China’s central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, as the country prepares to reopen its stock markets amid a new coronavirus outbreak.
Miners face funding squeeze as green investing surges
As global investors shift away from heavy industry in favor of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardizing projects.
WeWork names real estate industry veteran Mathrani as CEO
Softbank -backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday.