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-- 2020-04-23 09:44:53
The coronavirus pandemic battered Asian economies in April with social-distancing policies and business closures taking a particularly heavy toll on the region’s service sector firms, surveys sh...
Reuters 2020-04-22 11:58:06
Facebook will buy a 10 per cent stake in the digital business of India’s Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service...
-- 2020-04-22 10:23:44
The Rome government sees Italy’s debt-to-GDP ratio surging to between 155 per cent and 159 per cent of national output this year, sources close to the matter told Reuters, as it increases borrow...
FE Online Desk 2020-04-21 22:56:32
Huawei on Tuesday announced its business results for the first quarter of 2020. In Q1 of this year, Huawei generated USD 25.7 billion in revenue, an increase of 1.4% year-on-year. The company's net...
REUTERS 2020-04-21 13:26:15
US crude oil bounced back into positive territory on Tuesday, but a historic plunge below zero rattled investors and triggered the steepest drop in Asian stock markets in a month. Traders could not g...
REUTERS 2020-04-21 12:04:00
Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown that has left millions out of work and short of food, while coronavirus infections rose...
REUTERS 2020-04-20 11:09:13
Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of...
REUTERS 2020-04-19 15:58:41
Brazil’s central bank president Roberto Campos Neto said on Saturday that Latin America’s largest economy will begin to recover from the coronavirus crisis in the fourth quarter, according...
-- 2020-04-18 20:54:13
India has stepped up scrutiny of investments from companies based in neighbouring countries, in what is widely seen as a move to stave off takeovers by Chinese firms during the coronavirus outbreak, r...
-- 2020-04-18 12:12:02
The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President Da...
AP 2020-04-17 19:47:27
Many developing countries want to follow in the footsteps of some wealthier Western countries to ease coronavirus restrictions, but they cannot afford any missteps. They lack the key tools — a...
AP 2020-04-17 19:29:37
China’s economy suffered its biggest contraction since possibly the mid-1960s after it told millions of people to stay indoors as measure to fight the coronavirus pandemic. The world's second-l...
-- 2020-04-17 15:55:33
Italy’s budget deficit will be near 10 per cent of gross domestic product (GDP) this year, a senior government official told Reuters, as Rome increases borrowing to try to soften the impact of t...
-- 2020-04-17 12:52:32
US small businesses may need up to $500 billion a month to ensure their survival through the coronavirus crisis, the head of the Atlanta Federal Reserve Bank said on Thursday as Fed officials voice...
REUTERS 2020-04-17 10:35:07
China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to s...
Reuters 2020-04-16 08:59:06
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector and...
Zhao Xijun 2020-04-15 17:56:08
China's banking system has remained robust after two years of reform and risk reduction efforts and can handle bad debt increases brought about by the coronavirus (COVID-19) pandemic. It is unreasonab...
-- 2020-04-15 15:03:58
The coronavirus health crisis likely knocked China’s economy into its first decline since at least 1992 in the first quarter, raising the heat on authorities to do more to restore growth as moun...
Reuters 2020-04-15 13:11:30
Asian share markets took a breather on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for busin...
Reuters 2020-04-15 12:31:33
India will allow opening up of some industries in rural areas after April 20 to reduce the distress caused to millions of people because of a prolonged lockdown to halt the spread of coronavirus, the...
Xinhua 2020-04-14 19:48:36
The COVID-19 pandemic has wreaked havoc on the world economy and cast a staggering gloom over growth prospects far and wide, incurring a short-term collapse in global output and widening tolls on vari...
Global Times 2020-04-14 17:37:30
China's foreign trade dipped 6.4 per cent year-on-year to 6.57 trillion yuan ($933 billion) in the first quarter (Q1), as the country faces increased pressure from the worldwide COVID-19 spread which...
REUTERS 2020-04-14 15:55:39
China’s economic growth is set to stumble to its slowest annual pace in nearly half a century, as the coronavirus health crisis shutters businesses and brings the global economy to a standstill,...
REUTERS 2020-04-14 11:28:33
Asian stocks were set for a modest bounce on Tuesday as US stock futures edged higher, although fears the coronavirus could drag on the global economy for months are likely to temper investor confiden...
-- 2020-04-14 11:08:39
The International Monetary Fund on Monday approved $500 million to cancel six months of debt payments for 25 of the world's most impoverished countries so that they can help tackle the COVID-19 pandem...
-- 2020-04-13 17:35:12
India and Pakistan are planning to partially open up some parts of the economy, officials in the two countries said on Monday, as the costs of harsh lockdowns to limit the outbreak of the coronavirus...
REUTERS 2020-04-13 13:36:01
As the US Federal Reserve rolls out trillions of dollars to blunt the economic fallout of the coronavirus pandemic, there’s a notable difference to the last financial crisis: close to zero conce...
-- 2020-04-12 16:04:26
Global shipments of personal computers (PCs) fell in the first quarter (Q1) despite soaring demand driven by remote working and learning requirements from strict lockdown measures around the world, ac...
-- 2020-04-12 12:15:58
Bangladesh and other South Asian nations are likely to record their worst growth performance in four decades this year due to the coronavirus pandemic, the World Bank said on Sunday. The South Asian...
Reuters 2020-04-12 10:51:00
India and other South Asian countries are likely to record their worst growth performance in four decades this year due to the coronavirus outbreak, the World Bank said on Sunday. The South Asian reg...
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