Economy

India Beats Russia in Forex Reserves; Now 4th Behind China, Japan and Switzerland

At the moment, India's forex reserve are enough to last 18 months of imports.

Mar 14, 2021

By Jacob J

Illustration photo of U.S. Dollar and China Yuan notes

OECD Says Global GDP Will Grow 5.6% if Vaccine Rollout Happens Fast

Prospects are brighter in the Asia-Pacific region where several countries have effectively contained the virus.

Mar 10, 2021

By IANS

Coronavirus

US Fed Chief Says Economic Recovery Remains Uneven, Far From Complete

The economy remains "a long way" from the central bank's employment and inflation goals, and it is likely to "take some time" to see substantial further progress.

Feb 24, 2021

By IANS

Coronavirus

King Salman bin Abdulaziz Al Saud of Saudi Arabia

Why is Saudi Arabia Conducting a 'Financial MRI'?

Despite Saudi's oil wealth, creating enough jobs for the kingdom's young population is one of the biggest challenges facing Prince Mohammed.

Feb 23, 2021

By Reuters

Coronavirus

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore Reports Worst Full-Year Recession Since Independence

Despite the huge blow to the economy handed by the pandemic, the government maintained the growth forecast for 2021 between 4 and 6 percent.

Feb 15, 2021

By Jacob J

Coronavirus

Malaysian economy expands 4.5% in fourth quarter

Pandemic Hits Malaysia Hard; Biggest GDP Decline in 23 Years Reported

Except for manufacturing, all economic sectors continued to record negative growth.

Feb 11, 2021

By IANS

Coronavirus

Covid Pain: US Employment Scene Will Not Make Full Recovery Before 2024

The pandemic caused economic disruptions in sectors such as travel and hospitality, while job losses were concentrated among lower-wage workers.

Feb 2, 2021

By IANS

singapore artificial intelligence datarobot

Singapore Economy Shrinks 5.8% in 2020; Services, Construction Remain Worst-Hit

According to the official forecast, the economy would have contracted between 6 percent and 6.5 percent.

Jan 4, 2021

By Jacob J

Coronavirus

US Fed Approves Extension of 4 Emergency Covid-19 Lending Facilities

The move came after Treasury Secretary Steven Mnuchin asked the Fed to end five emergency Covid-19 lending facilities.

Dec 1, 2020

By IANS

Coronavirus

US economy expands 1.4% in fourth quarter; corporate profits fall

US Economic Growth Outlook Dims on Pandemic Waves, Weaker Stimulus

The US economy would shrink 1 percent in Q1 next year due to worsening pandemic across the country, JP Morgan said in a client note.

Nov 21, 2020

By IANS

Coronavirus

Japan's economy contracts less than expected 1.1% in fourth quarter

Japan Posts Biggest Economic Expansion in More than 50 Years But Virus Fears Stay

Prime Minister Yoshihide Suga had called for a third extra budget last week amid fears that recovery and growth could slip.

Nov 16, 2020

By Jacob J

Coronavirus

Singapore’s Prime Minister Lee Hsien Loong and ASEAN foreign ministers pose for a group photo during the opening ceremony of the 51st ASEAN Foreign Ministers' Meeting in Singapore August 2, 2018.

Asia-Pacific Nations Launch World's Biggest Free Trade Bloc RCEP Sans US, Europe, India

RCEP accounts for around 30 percent of the global population, the world's gross domestic product (GDP) and global trade

Nov 15, 2020

By IANS

Surge in Covid-19 Cases Could Hinder Economic Recovery, Says Fed Chief

Key Covid-19 metrics including daily case count, seven-day average daily increase and hospitalizations rise in the US.

Nov 13, 2020

By IANS

Coronavirus

IMF Asks Policymakers to Give More Fiscal Stimulus to Boost Recovery

With the world in a global liquidity trap it is time for a global synchronised fiscal push to lift up prospects.

Nov 3, 2020

By IANS

Coronavirus

Software Giant SAP's Q3 Revenue Drops 4% Despite Cloud Business Growth

A decline of four percent year-over-year amid global response to Covid-19 was reported by Germany-based software giant SAP.

Oct 26, 2020

By IANS

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BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

Previous 1 of Next

Economy

India Beats Russia in Forex Reserves; Now 4th Behind China, Japan and Switzerland

OECD Says Global GDP Will Grow 5.6% if Vaccine Rollout Happens Fast

US Fed Chief Says Economic Recovery Remains Uneven, Far From Complete

Why is Saudi Arabia Conducting a 'Financial MRI'?

Singapore Reports Worst Full-Year Recession Since Independence

Pandemic Hits Malaysia Hard; Biggest GDP Decline in 23 Years Reported

Covid Pain: US Employment Scene Will Not Make Full Recovery Before 2024

Singapore Economy Shrinks 5.8% in 2020; Services, Construction Remain Worst-Hit

US Fed Approves Extension of 4 Emergency Covid-19 Lending Facilities

US Economic Growth Outlook Dims on Pandemic Waves, Weaker Stimulus

Japan Posts Biggest Economic Expansion in More than 50 Years But Virus Fears Stay

Asia-Pacific Nations Launch World's Biggest Free Trade Bloc RCEP Sans US, Europe, India

Surge in Covid-19 Cases Could Hinder Economic Recovery, Says Fed Chief

IMF Asks Policymakers to Give More Fiscal Stimulus to Boost Recovery

Software Giant SAP's Q3 Revenue Drops 4% Despite Cloud Business Growth

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut