Southwest Airlines Boeing 737 plane is seen at LAX in

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FILE PHOTO: A Southwest Airlines Boeing 737-800 plane is seen at Los Angeles International Airport (LAX) in the Greater Los Angeles Area, California, U.S., April 10, 2017. REUTERS/Lucy Nicholson

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Pakistani prime minister appeals for debt relief to combat coronavirus fallout

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ISLAMABAD (Reuters) – Pakistan has appealed to international stakeholders for urgent debt relief for developing countries so they can deal more effectively with the economic fallout from the coronavirus pandemic, the government said on Sunday. Pakistan has recorded 5,183 cases of the virus, with 88 deaths. The country’s already-struggling economy has been hit hard by […]
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China’s December consumer inflation still high, not seen hindering PBOC easing

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By Lusha Zhang and Ryan Woo BEIJING (Reuters) – China’s consumer inflation steadied while factory-gate prices fell at a slower pace in December, giving Beijing room to stay the course on monetary easing as economic growth cools. Some investors have worried that consumer inflation, hovering near eight-year highs, could make China’s central bank more cautious […]