Exclusive: Argentine debt talks could reach a breakthrough in days – source

Economy8 hours ago (May 22, 2020 05:16PM ET) 2/2 (C) Reuters. Pedestrians walk past the facade of the Buenos Aires Stock Exchange, in Buenos Aires 2/2 By Hugh Bronstein BUENOS AIRES (Reuters) – Argentina’s talks with creditors over restructuring around…

Brazil revises 2020 deficit, debt forecasts to record levels as crisis deepens

Economy8 hours ago (May 22, 2020 05:30PM ET) 2/2 (C) Reuters. People walk past Brazil’s B3 Stock Exchange building in downtown Sao Paulo 2/2 By Jamie McGeever BRASILIA (Reuters) – Brazil’s government on Friday sharply revised its 2020 budget deficit…

No deal Brexit back as a risk for Irish economy: finance minister

Economy5 hours ago (May 22, 2020 07:00AM ET) DUBLIN (Reuters) – The chances of Britain’s status-quo Brexit transition period ending without a trade deal at the end of the year is a risk the Irish economy needs to start preparing…

Top 5 Things to Know in the Market on Friday, May 22nd

Economy5 hours ago (May 22, 2020 06:41AM ET) (C) Reuters. By Geoffrey Smith Investing.com — China drops its growth target for the first time in 30 years and signals a looming crackdown on dissent in Hong Kong. Markets are falling…

Fed’s Powell to speak next Friday at 11 a.m. EDT

Economy5 hours ago (May 22, 2020 07:05AM ET) (C) Reuters. FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell speaks in Washington WASHINGTON (Reuters) – Federal Reserve chair Jerome Powell will appear in a webcast discussion with former Fed vice chair…

Japan’s finance minister, central bank governor vow to use all tools to combat virus fallout

Economy5 hours ago (May 22, 2020 07:01AM ET) 2/2 (C) Reuters. FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda takes questions from reporters at the annual meetings of the International Monetary Fund and World Bank in Washington 2/2 By Leika…

Exclusive: Argentina to amend $65 billion debt offer, talks on ‘positive’ course – minister

Economy5 hours ago (May 22, 2020 07:05AM ET) (C) Reuters. Argentine Economy Minister Martin Guzman reacts during an interview with Reuters, in Buenos Aires By Hugh Bronstein BUENOS AIRES (Reuters) – Argentina is planning to amend its offer to creditors…

With remote work plan, Facebook dashes hopes of paycheck arbitrage

Economy5 hours ago (May 22, 2020 07:20AM ET) (C) Reuters. FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration By Katie Paul SAN FRANCISCO (Reuters) – With Facebook (NASDAQ:FB)’s adoption of permanent remote work on Thursday,…

ECB minutes hint at more policy easing in June

Economy3 hours ago (May 22, 2020 08:35AM ET) (C) Reuters. FILE PHOTO: European Central Bank (ECB) news conference in Frankfurt FRANKFURT (Reuters) – The European Central Bank is “fully prepared” to provide even more stimulus as soon as June to…

Japanese investors back extra multi-billion dollar bonds to save economy

Economy4 hours ago (May 22, 2020 07:40AM ET) (C) Reuters. FILE PHOTO: The outbreak of the coronavirus disease (COVID-19) in Tokyo By Tetsushi Kajimoto TOKYO (Reuters) – Many bond investors favor issuing an extra 1.5 trillion yen ($13.96 billion) in…

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