* PBOC cuts 1-year MLF rate by 10 bps * PBOC drains a net 700 bln yuan via open market operations * MLF rate cut paves way for LPR reduction […]
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China cuts medium-term rate, adds funds to cushion coronavirus hit
SHANGHAI (REUTERS) – China’s central bank cut the interest rate on its medium-term lending on Monday (Feb 17) as policymakers sought to ease the drag to the businesses from a […]
Read morePolice looking for suspect involved in double-shooting outside Thornhill mall
York Regional Police are looking for a masked man armed with a handgun after two men were shot in a Thornhill mall parking lot Sunday night. Police were called to […]
Read moreCoronavirus cases rise again in China as recession looms for Japan, Singapore
SHANGHAI (Reuters) – The number of reported new cases of coronavirus in China’s Hubei province rose on Monday after two days of falls, as authorities imposed tough new restrictions on […]
Read moreCoronavirus turns Thai firm into world's top asset management stock
BANGKOK (BLOOMBERG) – Thailand’s biggest manager of distressed assets has become the world’s top performer among peers this year partly because the coronavirus outbreak (Covid-19) is wreaking havoc on the […]
Read moreSingapore lowers 2020 forecast for exports on coronavirus, weaker oil prices
SINGAPORE – Singapore has cut its forecasts for non-oil domestic exports (Nodx) and total merchandise trade for 2020 after weighing the likely impact of the coronavirus outbreak on its trading […]
Read moreCoronavirus cases rise again in China's Hubei province
SHANGHAI (Reuters) – The number of reported new cases of coronavirus in China’s Hubei province rose on Monday after two days of falls, as authorities imposed tough new restrictions on […]
Read morePolice investigating reported shooting in northeast Edmonton
Edmonton police responded to reports of a shooting at an apartment building in the northeast area of the city on Sunday afternoon. Northeast division officers were called to the Riviera […]
Read moreOil prices slip ahead of data pointers on impact of coronavirus on demand
SINGAPORE (Reuters) – Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China’s coronavirus epidemic […]
Read moreAmerican medical school sends acceptance letters to 364 applicants by mistake
The Mayo Clinic Alix School of Medicine based in Minnesota accidentally sent letters of acceptance to 364 applicants on Thursday. The school is blaming technical issues for the error, according […]
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