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Xinhua 2020-05-21 19:56:57
China's large-scale COVID-19 testing may pave the way for a strong economic recovery, a renowned US economist has said. "Although there are no official national data on the number of tests that have...
-- 2020-05-21 11:33:05
Harvard University professor Carmen Reinhart has been appointed as the new vice president and chief economist of World Bank (WB), the WB Group President David Malpass said on Wednesday. "I am very pl...
FE Online Desk 2020-05-20 19:17:42
Qatar Airways announced that the first stage of the strategic partnership with American Airlines has begun with Qatar Airways placing its code on American Airlines’ domestic flights, strengtheni...
Global Times 2020-05-20 16:26:01
One of the most closely watched aspects of China's two sessions each year is the release of the official target for GDP growth, a reliable indicator of where the world's second-largest economy is head...
-- 2020-05-20 16:15:48
The Indian government’s frugal economic stimulus package has put pressure on the Reserve Bank of India (RBI) to intervene, as analysts and economists say measures announced so far are unlikely t...
Reuters 2020-05-20 12:02:13
Shares of Fujifilm Holdings Corp fell on Wednesday after Kyodo news reported that so far there has been no clear evidence of efficacy for its drug Avigan in treating the novel coronavirus in some clin...
REUTERS 2020-05-20 11:18:20
Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the glob...
REUTERS 2020-05-19 17:59:00
Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory where she sewed winter coats for British retailer Next Plc shut it down after orders dried up due to the cor...
REUTERS 2020-05-19 14:35:42
America’s Nasdaq is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it harder for some Chinese companies to debut on its stock exchange, people familiar...
-- 2020-05-18 15:43:57
The mayor of Brazil's largest city, São Paulo, has said its health system could collapse as demand grows for emergency beds to deal with coronavirus cases. Bruno Covas said the city's public h...
Reuters 2020-05-18 11:40:46
Indian lenders are facing a jump in defaults on credit card dues, personal and vehicle loans due to the coronavirus, forcing them to set aside hundreds of millions of dollars and take steps like askin...
-- 2020-05-18 10:27:20
Japan’s economy slipped into recession for the first time in 4-1/2 years, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers....
FE Report 2020-05-16 09:50:01
The South Asian countries, including Bangladesh, might lose US$142 billion to $218 billion due to impact of the deadly Coronavirus pandemic on their economies, the Asian Development Bank (ADB) said on...
-- 2020-05-15 16:05:05
The coronavirus pandemic could cost the global economy between $5.8 trillion and $8.8 trillion (£4.7 trillion-£7.1 trillion), according to Asian Development Bank (ADB). That's more than d...
Reuters 2020-05-15 15:50:17
An already-dismal near-term US economic outlook has darkened further in the latest Reuters poll of economists, and while a recovery is still forecast for the second half, the economy won’t come...
REUTERS 2020-05-15 13:11:16
Even with tens of millions of jobs lost and a historic decline in output projected this quarter, the US economy could still pull off a relatively quick recovery, Dallas Federal Reserve President Rober...
REUTERS 2020-05-14 15:38:31
World stock markets fell for a third day running on Thursday after a sobering warning from the World Health Organization that the coronavirus may never go away. The head of the Federal Reserve quashe...
FE Online Desk 2020-05-14 15:10:09
As COVID-19 has hit the world economy, the sales of many business organizations have been decreased and plenty of companies have stopped production. Though global smartphone sales fell down, the Chin...
UNB 2020-05-14 11:23:22
The world economy has been projected to shrink by 3.2 per cent wiping out nearly four years of output gains as economic activities around the world comes to grinding halt against the backdrop of the...
FE Online Desk 2020-05-13 15:46:53
A new study from Forrester Consulting, commissioned by Oracle*, emphasises the essential role of multi-hybrid cloud platforms to collate the mass of information that enables analysis of insights and...
-- 2020-05-13 15:41:03
Britain’s economy shrank by a record 5.8 per cent in March as the coronavirus crisis escalated and the government shut down much of the country, according to official data that point towards an...
Reuters 2020-05-13 11:03:53
Indian Prime Minister Narendra Modi said on Tuesday that the government would provide 20 trillion rupees ($266 billion) in fiscal and monetary measures to support an economy battered by a sweeping...
-- 2020-05-12 15:32:43
Malaysia's Industrial Production Index (IPI) decreased 4.9 per cent year on year in March, as all sectors registered negative growths, official data showed Tuesday. According to Malaysian Statistics...
REUTERS 2020-05-11 14:08:59
Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick-up in new coronavirus cases. Europea...
REUTERS 2020-05-11 11:32:58
Central bankers who have spent a generation researching how their words influence the economy and honing the craft of “forward guidance” are now effectively tongue-tied by a health crisis...
Reuters 2020-05-11 11:19:13
Vietnam’s economic growth is seen slowing down to 2.7 per cent this year due to the coronavirus pandemic, but may pick up to 7.0per cent next year, the International Monetary Fund (IMF) has said...
REUTERS 2020-05-09 10:00:38
The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war that cou...
-- 2020-05-08 15:56:54
Top US and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve the atmosphere for its implementation and the United States saying both s...
REUTERS 2020-05-08 15:45:41
The impact of the coronavirus outbreak will exacerbate the material slowdown in India’s economic growth, with the country expected to see 0 per cent expansion in the current fiscal year, analy...
REUTERS 2020-05-07 15:10:55
The Bank of England held off from further stimulus measures on Thursday but said it was ready to take more action to counter the country’s biggest economic slump in over 300 years, caused by the...
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