Pandemic to Almost Wipe Out Growth in Developing Asia in 2020: ADB Developing Asia may post the slowest growth in six decades in 2020 ADB sticks by 6.2% growth forecast in the region in 2021, China's 2020 growth seen at 1.8% vs earlier 2.2% forecast Jun 18, 2020By Reuters Coronavirus
US Job Losses in Pandemic Reverse 10 Years of Job Gains, Says Federal Reserve The central bank chief says that millions of Americans could be permanently unemployed from this crisis. Jun 13, 2020By IANS Coronavirus
Germany Hopes Stimulus Measures Will Drive Second-Half Recovery Germany's economy has taken a battering after many firms went into lockdown in March to contain the spread of the novel coronavirus Jun 12, 2020By Reuters Coronavirus
Grocery Stores, Universities, Dentists and Walmart-Like Stores Should Open First After Lockdown: Study Research to help policymakers decide how to reopen the economy safely keeping in mind the increasing COVID-19. Jun 11, 2020By Vinay B.S. Coronavirus
US Labor Market Could Take Years to Heal From The Coronavirus Pandemic Millions who lost their jobs due to COVID-19 pandemic continue to draw unemployment benefits, signaling that recovery will take years. Jun 11, 2020By Reuters Coronavirus
US Economy Has Been in Recession Since February; Growth Expected to Resume This Summer US GDP fell at a 4.8% annualized rate in the first three months of the year. Analysts expect April-June period to report an annualized decline of 20%. Jun 9, 2020By Reuters
These Jobs Are in Demand as US Reopens and Economic Recovery Starts Unemployment dropped to 13.3 percent in May, as businesses added 2.5 million jobs, marking the best month for job growth since 1939. Jun 8, 2020By Vinay B.S. Coronavirus
US Employment in Government Declines Sharply but Unemployment Rate Drops in May as Economy Reopens US unemployment rate dropped slightly in May as businesses have gradually reopened across the country, shows new data Jun 6, 2020By IANS Coronavirus
Coronavirus Frustrates Saudi Women's Push for Financial Independence The Coronavirus pandemic has hammered Saudi Arabia's nascent non-religious tourism industry as well as other sectors Jun 4, 2020By Reuters Coronavirus
From Joe Biden Win to Future of US Dollar, Impact of US Protests on Markets: Analysts' View Analysts from Tokyo and Singapore comment on the what the US unrest following George Floyd's death means for the financial markets. Jun 1, 2020By Reuters
Wall Street Week Ahead: Investors Eye Consumer Discretionary Stocks as US Reopens A gradual lifting of lockdowns in some American states has stirred hopes for a bounce-back for the retailers that make up much of the sector May 31, 2020By Reuters
Coronavirus Pandemic Could Leave 54 Million US Citizens Without Food, Reveals New Analysis Chief operating officer of the Three Square food bank in Las Vegas revealed that 'People are going to go hungry, that's the truth' May 31, 2020By Bhaswati Guha Majumder Coronavirus
Thailand's Parliament Approves $58 Billion Economic Package to Ease Virus Impact Thailand began this month to gradually ease some restrictions introduced to contain the novel Coronavirus May 31, 2020By Reuters Coronavirus
UK to Launch Big Stimulus Package Ahead of Summer due to Coronavirus Crisis: Report The deadly virus outbreak has created a major stir around the world in recent times claiming the lives of more than 365,000 people worldwide May 30, 2020By IBTimes APAC Desk Coronavirus
Singapore Cuts 2020 GDP Outlook Again as Economy Headed for Deepest-Ever Recession Singapore's economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter basis. May 26, 2020By Reuters Coronavirus