SYDNEY (Reuters) – New Zealand’s central bank on Tuesday said it would buy up to NZ$3 billion ($1.79 billion) of local government debt to ease liquidity strains in the funding market as it moves to cushion the economy from the fallout of the coronavirus pandemic. The Reserve Bank of New Zealand (RBNZ) said the new […]
HONG KONG (Reuters) – The Hong Kong Retail Management Association (HKRMA) said on Thursday that about 25% of retail stores in the Asian financial hub were expected to close by end of the year despite fresh government relief measures against the fallout from the coronavirus pandemic. Some 2,000 stores are seen closing in the February-April […]
By Rajesh Kumar Singh CHICAGO (Reuters) – Harley-Davidson Inc <HOG.N> on Tuesday reported a decline in quarterly motorcycle revenue that outpaced Wall Street’s estimates as retail sales in the United States dived again, sending its shares lower. Motorcycle revenue fell an annual 8.5% to $874.1 million in the December quarter, faster than a 3.4% fall […]
