Economy

Soaring Public Deficit Can Cause Collapse of US Dollar, Warns Former IMF Official

The global role of the dollar now seems more complicated given the geopolitical tensions between the US and China.

Jul 24, 2020

By R. Ghosh

Australia Announces Record-high Budget Deficit Amid COVID-19 Led Economic Downturn

Treasurer Josh Frydenberg presents Australia's record-high budget deficit amid COVID-19 economic downturn

Jul 23, 2020

By IBTimes APAC Desk

'Even Most Favorable Vaccine Outcome Would Come Too Late to Save US Economy'

America is likely to be hit by a double-dip recession if the COVID-19 spread is not taken under control, experts say.

Jul 21, 2020

By IANS

Coronavirus

US GDP Will Contract By Annualized 37% in Second Quarter, Says IMF

General government debt is expected to rise to 160 percent of GDP by 2030 even without further rounds of fiscal stimulus.

Jul 18, 2020

By IANS

Decade's Biggest Listing: China Chipmaker SMIC's Shares Soar 246% on Debut

SMIC's listing comes amid growing competition between the United States and China to attain tech supremacy.

Jul 16, 2020

By R. Ghosh

President Trump Signs Act Ending Hong Kong's Preferential Status; China Vows Retaliation

The signing of the bipartisan legislation comes weeks after China imposed a new security law to bring an end to Hong Kong's special status.

Jul 15, 2020

By R. Ghosh

US in Depression Due to COVID-19, No Recovery Until 2023: UCLA Study

Despite drastic response by the Administration and the Fed, getting back to pre-pandemic levels of employment will take years together.

Jul 15, 2020

By Vinay B.S.

Coronavirus Depression

Singapore Slips into Recession as Economy Contracts Whopping 41%

This marks the biggest contraction on record and worse than the analysts' prediction.

Jul 14, 2020

By R. Ghosh

Wall Street Headed Lower After Five-Day Run on Fears Over Virus Surge

Wall Street's main indexes looked set to open lower on Tuesday as investors weighed the risks to the economy from tens of thousands of new coronavirus cases nationwide

Jul 7, 2020

By Reuters

AstroFX Trains and Educates Aspiring Businessman in Forex

Offers some of the best online courses on forex trade along with giving you the best of the opportunities to explore and invest in the trade

Jul 2, 2020

By IBTimes SG Desk

End of Coronavirus Lockdown Fails to Boost Jobs Market in Spain

Overall there were 847,197 more jobless people in the month of June than in the same month a year ago, a net 99,906 jobs were lost in June

Jul 2, 2020

By IBTimes APAC Desk

Coronavirus

FOod pricing and value has had itsfairshareofupsanddowns

World Food Price Index Spikes in June, First Rise in 2020: UN

The vegetable oil price index jumped 11.3% in June, reversing the four back to back months of the falls

Jul 2, 2020

By IBTimes APAC Desk

Employed Population of Portugal Falls Further in May Amid Coronavirus

The deadly virus outbreak has created a major stir around the world in recent times infecting more than 10.4 million people worldwide

Jul 1, 2020

By IBTimes APAC Desk

Coronavirus

Economies of Gulf Countries to Shrink by 7.6% This Year, IMF Claims

Saudi Arabia's central bank governor mentioned instead that the kingdom is expecting its economy to fare better than forecast by the IMF

Jun 30, 2020

By IBTimes APAC Desk

Coronavirus

Syrian President Bashar al-Assad visits air base in western Syria

No Sweet Victory for Bashar Al-Assad as Economy Collapses And US Sanctions Hit

Bashar Al-Assad's hopes of rehabilitation have been put on ice by new U.S. sanctions that will likely scare off all but his closest friends

Jun 24, 2020

By Reuters

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BLOGS AND FEATURES

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

Revised GDP Data Shows US Economy Remains Resilient, Powered by Consumers

By Jacob J

Previous 1 of 3 Next

Economy

Soaring Public Deficit Can Cause Collapse of US Dollar, Warns Former IMF Official

Australia Announces Record-high Budget Deficit Amid COVID-19 Led Economic Downturn

'Even Most Favorable Vaccine Outcome Would Come Too Late to Save US Economy'

US GDP Will Contract By Annualized 37% in Second Quarter, Says IMF

Decade's Biggest Listing: China Chipmaker SMIC's Shares Soar 246% on Debut

President Trump Signs Act Ending Hong Kong's Preferential Status; China Vows Retaliation

US in Depression Due to COVID-19, No Recovery Until 2023: UCLA Study

Singapore Slips into Recession as Economy Contracts Whopping 41%

Wall Street Headed Lower After Five-Day Run on Fears Over Virus Surge

AstroFX Trains and Educates Aspiring Businessman in Forex

End of Coronavirus Lockdown Fails to Boost Jobs Market in Spain

World Food Price Index Spikes in June, First Rise in 2020: UN

Employed Population of Portugal Falls Further in May Amid Coronavirus

Economies of Gulf Countries to Shrink by 7.6% This Year, IMF Claims

No Sweet Victory for Bashar Al-Assad as Economy Collapses And US Sanctions Hit

Revised GDP Data Shows US Economy Remains Resilient, Powered by Consumers

Revised GDP Data Shows US Economy Remains Resilient, Powered by Consumers

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