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Global central banks take sweeping action to fight coronavirus

The US Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars in a bid to combat the coronavirus pandemic that has roiled markets and paralysed large parts of the world economy....

US House passes coronavirus aid bill

The US House of Representatives overwhelmingly passed a coronavirus aid...

Coronavirus outbreak puts 50m travel, tourism jobs at risk

The coronavirus epidemic is putting up to 50 million jobs...

Indonesian govt allocates $8b to stimulate economy

Indonesia announced a 120 trillion rupiah ($8.1 billion) stimulus package...

Chances of financial crisis not high: Taiwan c bank

The chances of a financial crisis are not high, Taiwan...

Australia announces $11.4b economic stimulus plan to counter virus impact

Australia announced an A$17.63 billion ($11.41 billion) economic stimulus plan...

ADB headquarters closed after coronavirus scare

The Asian Development Bank (ADB) closed its headquarters and the...

BoE cuts main interest rate to 0.25pc

The Bank of England (BoE), the central bank of the...

Latest on the spread of coronavirus around the world

The number of people infected with the coronavirus topped 114,000...

Coronavirus may pull down global FDI by 5.0 to 15.0pc: UNCTAD

The outbreak and spread of Coronavirus (Covid19) will negatively affect...

Beige Book reports negative impact of coronavirus on US economy

The feared spread of Coronavirus has had a negative impact...

Philippine inflation slows down to 2.6pc in Feb

The Philippines' headline inflation slowed down to 2.6 per cent...

IMF provides $50 billion to fight coronavirus outbreak

The International Monetary Fund (IMF) has announced $50 billion in...

India's SC allows trade in cryptocurrency, quashes RBI curb

India’s Supreme Court (SC) on Wednesday allowed banks to handle...

IMF, WB stand ready to address economic challenges of coronavirus

The International Monetary Fund and the World Bank on Monday...

'Coronavirus outbreak plunging economy into worst downturn'

The coronavirus outbreak is plunging the world economy into its...

Coronavirus outbreak batters economies

Amid fears about where the next outbreak of a fast-spreading...

Mexican exports grow 3.2pc in January

Mexico's exports grew 3.2 per cent year on year in...

Brazil to review GDP growth projection

Brazil's gross domestic product (GDP) estimates will be reviewed, given...

Japan's PM pledges to protect economy from coronavirus impact

Japanese Prime Minister Shinzo Abe has pledged to take policy...

IMF projects 0.8pc growth for Zimbabwe in 2020

The International Monetary Fund (IMF) has projected a 0.8 per...

Trump, Modi hope talks lead to phase one of US-India trade deal

US President Donald Trump and Indian Prime Minister Narendra Modi...

India has 98pc of coal resources among BIMSTEC states: Report  

India is top with more than 98 per cent of...

Global telcos join Alphabet, SoftBank’s flying cellphone antenna lobbying effort

Alphabet and SoftBank’s attempts to launch flying cellphone antennas high...

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