Federal Reserve Board building on Constitution Avenue is pictured in

Bank of Korea’s dollar auction from Fed swap not fully taken up

SEOUL (Reuters) – The Bank of Korea’s $10 billion auction of U.S. dollars for an 84-day term from the new currency swap with the Federal Reserve drew only $7.92 billion of bids, lent at 0.9080%, the bank said on Tuesday. The bank’s $2 billion auction of dollars for a 7-day term drew $0.8 billion of […]

U.S. jet fuel prices hit by demand fears on coronavirus

By Stephanie Kelly NEW YORK (Reuters) – Falling demand for jet fuel worldwide because of the deadly coronavirus has hit U.S. prices for the product, which dropped to its lowest seasonally in five years, market participants said. The coronavirus outbreak, which has spread to over 20 countries and led to more than 400 deaths, has […]

WorkSafeBC to conduct random inspections as economy reopens under COVID-19

WorkSafeBC staff will conduct random inspections of businesses as the province slowly reopens under the coronavirus pandemic, according to B.C.’s labour minister. “This is to make sure businesses have the best safety measures in place and consumers can place their trust by stepping inside of them,” Harry Bains said Thursday. Adhering to guidelines set out […]