- Wednesday, 23 September 2020 |
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-- 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...
-- 2020-06-15 16:16:56
India's wholesale price index (WPI) contracted by 3.21 per cent in May, data released by the federal commerce and industry ministry on Monday said. "The annual rate of inflation, based on monthly WPI...
-- 2020-06-15 14:25:34
Indonesia's trade performance was back to a surplus in May as the plunge of imports exceeded the decline in exports when the novel coronavirus pandemic has depressed demands and weakened economic acti...
REUTERS 2020-06-15 10:37:57
Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China furth...
Xinhua 2020-06-13 19:15:58
India's foreign exchange (Forex) reserves have crossed the 500 billion US dollars mark for the first time, said the central bank - the Reserve Bank of India's (RBI) latest weekly statistical data. Th...
-- 2020-06-13 19:10:36
The British economy has seen nearly two decades worth of growth wiped out as a result of the lockdown measures put in place during the coronavirus pandemic. The Office for National Statistics of UK s...
-- 2020-06-13 17:24:56
The International Monetary Fund expects its next economic forecast to trend lower as the world deals with new pandemic damage and a sluggish recovery. The organisation is slated to release its next g...
REUTERS 2020-06-13 13:44:00
Pakistan on Friday announced its annual budget for financial year 2020-21, setting ambitious targets of 2.1 per cent GDP growth, a 7.0 per cent fiscal deficit and an increase in tax revenues, even as...
-- 2020-06-13 12:03:29
The revenue of China's trust industry maintained rapid growth while its scale continued to fall during the first quarter of the year, according to a report from the China Trustee Association. The cou...
REUTERS 2020-06-12 15:14:57
Japan’s economy appears to have hit bottom and is eyeing a recovery from the damage caused by the coronavirus pandemic, its finance minister said, underscoring cautious optimism spreading among...
REUTERS 2020-06-12 13:55:19
A month into efforts to broadly reopen the US economy there is little clarity either on the pace and durability of the recovery, or on the ability to convincingly suppress the virus that has killed mo...
-- 2020-06-11 14:10:44
The US Federal Reserve has kept its benchmark interest rate unchanged at the record-low level of near zero amid mounting fallout from the COVID-19-induced recession. The Fed on Wednesday kept the pro...
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