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-- 2020-07-01 16:15:52
The New York City Council voted to pass the 2021 budget on Tuesday night with cuts to police funding after weeks of fraught negotiations with Mayor Bill de Blasio, but some lawmakers complained it fel...
-- 2020-07-01 13:25:50
The consumer price index in June logged the lowest level since May 2000 as the novel coronavirus pandemic stretched deep the country's economy and depressed demands. The National Agency of Statistics...
REUTERS 2020-07-01 11:19:46
India’s current account turned positive in the last quarter of the 2019/20 fiscal year as a result of a lower trade deficit and a sharp rise in net invisible receipts, the Reserve Bank of India...
-- 2020-06-30 16:22:24
The Bank of Greece (BoG) expects the country's economy to shrink by 5.8 per cent this year in its baseline scenario, but risks related to the coronavirus pandemic could bring the economic contraction...
Reuters 2020-06-30 13:51:07
Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown. Gros...
-- 2020-06-29 16:18:02
Vietnam's gross domestic product (GDP) grew 1.81 per cent in the first half of this year, the lowest six-month growth rate in the 2011-2020 period, the General Statistics Office said on Monday. Betwe...
REUTERS 2020-06-29 12:08:32
Asian share markets began the week with a cautious tone on Monday as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harb...
REUTERS 2020-06-29 10:30:18
Coronavirus has done to Australia what even the global financial crisis couldn’t: abruptly end a record growth run and help trigger a deep recession from which the country will take time to reco...
REUTERS 2020-06-27 14:08:18
International Monetary Fund Managing Director Kristalina Georgieva said on Friday that the global economic crisis spurred by the coronavirus could ultimately test the Fund’s $1.0 trillion in tot...
-- 2020-06-27 12:54:34
Malaysian Prime Minister Muhyiddin Yassin has called on fellow countries of the Association of Southeast Asian Nations (ASEAN) for "travel bubbles" to counter the economic slump caused by Covid-19. I...
-- 2020-06-26 10:38:38
The International Monetary Fund (IMF) warned Thursday that the ongoing disconnect between financial markets and the real economy is a "vulnerability," which could pose a threat to the recovery should...
-- 2020-06-25 13:51:04
Real gross domestic product (GDP) of Canada's natural resources sector was down 0.4 per cent in the first quarter of 2020, the third consecutive quarterly decline, Statistics Canada said Wednesday. T...
REUTERS 2020-06-25 10:52:49
South Africa’s budget deficit will be the highest in the post-apartheid era, and the finance minister warned in his emergency budget speech on Wednesday that debt had become a hippo eating their...
-- 2020-06-25 10:08:16
The Indian government has approved a proposal for an additional 121.27 million US dollar investment to be made by ONGC Videsh Ltd (OVL) in the development of an oil and gas project in Myanmar. The de...
-- 2020-06-24 22:59:59
The Asian Development Bank (ADB) retained its first place ranking in the 2020 Aid Transparency Index (ATI), an independent measurement of aid transparency released on Wednesday at the Brookings Instit...
FE ONLINE DESK 2020-06-24 21:08:41
The International Monetary Fund has projected that global economy could shrink 4.9 per cent in 2020 due to COVID-19 pandemic, 1.9 percentage points below than its previous forecast. IMF’s World...
-- 2020-06-24 14:25:34
Russian President Vladimir Putin has proposed canceling the current flat income tax rate and introducing differentiated tax for richer people with the proceeds to be channeled for the treatment of chi...
FE Online Desk 2020-06-23 16:47:45
Consumers in Asia Pacific are rapidly going digital with purchases of everything from groceries to movies in a shift that looks set to become a permanent habit after the pandemic passes, Maste...
-- 2020-06-23 14:30:12
The US economy is expected to grow more slowly than people had hoped months ago as the country cannot stop the community spread of Covid-19, a senior US Federal Reserve official said on Monday. "Some...
-- 2020-06-22 16:07:15
The contribution of the tourism industry to the Philippine economy increased to 12.7 per cent in 2019 from 12.3 per cent in 2018, the country's Tourism Secretary Bernadette Romulo-Puyat said on Mond...
REUTERS 2020-06-22 13:20:49
US stock futures recouped losses on Monday but Asian stocks wobbled as investors tried to shake off worries that rising coronavirus cases in the United States could scupper a quick economic rebound....
FE Online Desk 2020-06-21 15:04:22
The world is facing a severe and acute public health emergency and economic threat due to the Covid-19 pandemic, which originated in Wuhan Province of China in last December. The World Health Organiza...
-- 2020-06-20 16:16:29
The International Monetary Fund (IMF) has said it is expected to deploy emergency financing for 70 countries by Friday as the Covid-19 pandemic continues to ripple across the globe. IMF spokesperson...
-- 2020-06-20 14:16:22
The US unemployment rate will remain in double digits by the end of this year as efforts to contain Covid-19 so far have not been particularly successful in the country, a senior US Federal Reserve...
REUTERS 2020-06-19 13:17:49
Asian shares and US stock futures teetered in choppy trade on Friday as lingering concerns about a fresh spike in coronavirus cases offset growing hopes for a quick economic recovery. MSCI’s br...
-- 2020-06-19 12:45:33
United Nations (UN) Secretary-General Antonio Guterres has called for the protection of jobs amid Covid-19. The pandemic has turned the world of work upside down. Every worker, every business, and ev...
-- 2020-06-18 11:53:03
Developing Asia will barely grow in 2020 as containment measures to address the Covid-19 pandemic hamper economic activity and weaken external demand, according to an updated Asian Development Bank (A...
-- 2020-06-17 16:20:59
British inflation fell to its lowest since June 2016 last month as the coronavirus pandemic sucked demand from the global economy and oil prices tumbled. Consumer price inflation slowed to 0.5 per ce...
-- 2020-06-16 16:25:01
Global foreign direct investment (FDI) flows are forecast to decrease by up to 40 per cent in 2020, and further by 5 to 10 per cent in 2021, before recovering in 2022, said a United Nations report Tue...
-- 2020-06-16 13:59:03
South Korea's foreign currency deposit kept rising for three straight months as companies secured the US dollar liquidity on worry about an economic fallout from the coronavirus (COVID-19) outbreak, c...
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