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-- 2020-12-23 11:44:30
US President Donald Trump has lashed out at lawmakers over the newly approved 900-billion-US-dollar Covid-19 relief package, threatening not to sign the bill if changes are not made to increase the am...
-- 2020-12-21 12:08:47
The US Congress has passed another stopgap funding bill to avert a government shutdown and provide lawmakers more time to vote on the Covid-19 relief deal and long-term government funding. The House...
-- 2020-12-18 17:26:19
Economies of Asia and the Pacific must put water security at the top of their agenda to recover from the fallout of the coronavirus pandemic and adapt to climate change, according to a new flagship re...
-- 2020-12-17 15:26:03
Indian Prime Minister Narendra Modi has invited Bangladesh to join the New Development Bank or BRICS Bank, a multilateral institution which mobilises resources for infrastructure and sustainable devel...
-- 2020-12-17 11:46:16
The employment of Singapore's residents, referring to Singapore citizens and permanent residents, rebounded strongly in the third quarter (Q3) of 2020, according to the Labour Market Report released b...
Reuters 2020-12-17 10:59:05
Oil giant Aramco, whose dividend remains vital to helping Saudi Arabia contain a huge deficit, may have to sell assets and borrow more to fulfil its fiscal role amid uncertainty in oil prices, market...
-- 2020-12-17 10:48:37
Shares of Upstart Holdings Inc jumped 30 per cent in their market debut on Wednesday, giving the cloud-based artificial intelligence (AI) lending platform a market capitalization of $1.88 billion. Up...
-- 2020-12-16 20:33:34
World stocks rose to record highs on Wednesday as drugmakers rolled out Covid-19 vaccines and US congressional leaders expressed optimism about a stimulus deal, with the upbeat mood dragging the safe-...
-- 2020-12-16 14:06:13
When Martin Guzman was doing a PhD in economics at Brown University in the United States, he and two other Argentine friends formed part of their department’s intramural soccer team and reached...
Reuters 2020-12-16 09:25:24
Millions of people have moved out of New York City during the pandemic, but at the same time, millions of others with lower incomes have taken their place, according to a study released on Tuesday. A...
FE Online Report 2020-12-15 15:52:32
The economic backlash of the coronavirus (Covid-19) pandemic wiped out some 81 million jobs in Asia and the Pacific in 2020, said a report released by the International Labour Organization (ILO). In...
-- 2020-12-12 12:46:56
Thailand's Ministry of Commerce has unveiled a strategy outline to boost export in 2021 by focusing on online trade promotion activities. "We will arrange an online business match-making every week o...
Reuters 2020-12-11 15:59:22
The ability of developing countries in Asia to fight the coronavirus pandemic got a much-needed boost after the Asian Development Bank said on Friday it has launched a $9 billion facility to help na...
FE ONLINE DESK 2020-12-11 11:40:17
Asian shares bounced back on Friday as progress on Covid-19 vaccines boosted investor sentiment, but tricky Brexit negotiations and US stimulus talks capped gains in riskier assets. MSCI’s ex-J...
Reuters 2020-12-11 10:23:19
Most banks around the world could face four more years of depressed profits in the aftermath of the Covid-19 pandemic, consulting firm McKinsey & Co said in a report. By 2024 the pandemic will re...
FE Online Report 2020-12-10 14:15:58
Two prominent global rights groups on Thursday called on the European Union and high-income countries including USA, Canada, Japan, and UK to urgently support the TRIPS corona waiver proposal and ensu...
-- 2020-12-10 13:01:37
Economic activity in developing Asia is forecast to contract by 0.4 per cent this year before picking up to 6.8 per cent in 2021 as the region moves toward recovery from the effects of the coronavirus...
Reuters 2020-12-10 10:19:04
International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that she expects an IMF programme that freezes payments on IMF debt from the poorest countries to be extended throu...
UNB 2020-12-09 17:50:01
The value of global merchandise trade is predicted to fall by 5.6 per cent in 2020 compared with last year, according to UNCTAD's latest nowcasts. This would be the biggest fall in merchandise trade...
-- 2020-12-08 15:43:10
As of Monday, more than 110,000 US restaurants have completely closed amid the coronavirus (Covid-19) pandemic, according to the National Restaurant Association. "The vast majority of permanently clo...
-- 2020-12-07 23:14:20
The World Economic Forum’s annual gathering of political and business leaders will move from Switzerland to Singapore next year as the COVID-19 pandemic would make it challenging to host the eve...
-- 2020-12-07 14:02:55
Malaysia Tourism Promotion Board has said that the country's tourist arrivals in January to September this year had slumped 78.6 per cent to 4.3 million from 20.1 million a year ago, as the spread of...
-- 2020-12-03 15:18:41
The euro zone economy will contract again this quarter as renewed lockdown measures stifle activity, according to a Reuters poll which showed the bloc’s GDP would then return to pre-crisis level...
-- 2020-12-02 14:26:15
Some 84 per cent of resorts in the Maldives have been granted permission to reopen by the Ministry of Tourism since July, local media reported on Wednesday. Tourism Ministry statistics showed that 13...
-- 2020-12-02 14:16:20
US Federal Reserve Chairman Jerome Powell said Tuesday that economic activity has continued to recover from its depressed second-quarter level, but momentum has slowed down in recent months. Noting t...
-- 2020-12-01 16:00:33
Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the C...
-- 2020-12-01 14:36:55
A record 235 million people will need humanitarian assistance next year, a near-40 per cent increase on 2020 which is "almost entirely from Covid-19," the UN's emergency relief chief said on Tuesday....
-- 2020-12-01 11:04:27
The Canadian government has unveiled a new financial programme worth billions of Canadian dollars to boost the country’s economy amid the coronavirus (Covid-19) pandemic. The programme titled "...
Xinhua 2020-11-29 11:38:07
The Russian economy is projected to decline by 4.5 per cent this year, a senior official said Saturday. The drop will be "more than 4.0 per cent, (and) it will be even 4.5 per cent," Aleksei Kudrin...
FE ONLINE REPORT 2020-11-26 19:38:21
The continued Israeli occupation brings the Gaza Strip in near-collapse as the cost is estimated at $16.70 billion in the past decade, 2007–2018 period to be specific. The latest report of the...
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