Loading...
The Financial Express

Huawei releases 2019 Annual Report

Huawei released its 2019 Annual Report on Tuesday in Shenzhen,...

Asia's factory activity plunges as virus shock deepens

Factory activity contracted sharply across most of Asia in March...

UNCTAD seeks $2.5 trillion virus package for developing countries

In the face of a looming financial tsunami this year,...

Japan factory output growth slows in Feb

Japan’s industrial output rose in February at a slower pace...

Pandemic to hit growth in Asia, China: World Bank

The coronavirus pandemic is expected to sharply slow growth in...

Australia to spend $80b subsidy to protect jobs

Australia will spend A$130 billion (64.5 billion pounds) to subsidise...

China unexpectedly cuts reverse repo rate by most in five years

China's central bank unexpectedly cut the rate on reverse repurchase...

Coronavirus: Greece pumps more financial aid in economy

Greece announced new tax breaks and economic assistance to thousands...

World has entered recession: IMF

International Monetary Fund Managing Director Kristalina Georgieva in Washington, DC on...

India cuts repo rate to decade-low 4.4pc

India’s central bank has slashed its key interest rate by...

Bruised Indian economy to be battered further by coronavirus: Poll

India’s already-slowing economy weakened to at least an eight-year low...

US Q4 GDP unrevised at 2.1pc in final estimate

US gross domestic product (GDP) increased at an annual rate...

G20 to inject $5t into global economy in virus fight

Leaders of the Group of 20 major economies pledged on...

Coronavirus crisis could destroy far more than 25m jobs: ILO

The number of jobs lost around the world due to...

Saudi King seeks coordinated action over coronavirus outbreak

Saudi Arabia’s King Salman bin Abdulaziz has urged the G20...

US weekly jobless claims surge to record 3.28 million

The number of Americans filing claims for unemployment benefits surged...

Singapore signals deep recession for world as virus batters economy

Singapore said on Thursday it was planning for a deep...

UK inflation falls off six-month high

British consumer price inflation slipped back in February from a...

Global economy to contract 1.5pc in 2020 amid outbreak: IIF

The global economy is expected to contract 1.5 per cent...

Global recession a near certainty owing to COVID19, UN predicts

A global recession – perhaps of record dimensions – is...

Trump cancels G7 at Camp David over coronavirus

President Donald Trump will cancel an in-person meeting of G7...

25m jobs could be lost worldwide due to pandemic: ILO

The economic and labour crisis created by the COVID-19 pandemic...

Global central banks take sweeping action to fight coronavirus

The US Federal Reserve and its global counterparts moved aggressively...