Economy

IMF projects a recession for sub-Saharan Africa in 2020

Many African governments have imposed lockdowns and curfews to curb the spread of the deadly coronavirus, but the restrictions are putting pressure on most economies

Apr 14, 2020

By Reuters

Coronavirus

Oil slips as producer cuts fail to banish demand fears

Inventories, where available, are mostly expected to fill up fast even as some of the countries among the G20 group of nations agreed to buy oil for their national reserves

Apr 14, 2020

By Reuters

Coronavirus

Britain's economy to shrink by 35% in April-June period due to lockdown: Report

The deadly virus outbreak has created a major stir around the world claiming the lives of over 119,000 people

Apr 14, 2020

By IBTimes APAC Desk

Coronavirus

IMF Managing Director Kristalina Georgieva

IMF announces debt relief to 25 countries; Here is the list of nations receiving funds

At least 60 countries are said to be spending more on paying debts than on public health sector even during the pandemic of coronavirus

Apr 14, 2020

By Suman Priya Mendonca

Coronavirus

Big economies will contract a whopping 35% this quarter, Goldman says in alarming note

A total lockdown has worked for many countries, but the resultant economic hardships are slowly rolling up on to every doorstep.

Apr 14, 2020

By Jacob J

Coronavirus

Why China increased investments in Asia amid Coronavirus? Economy still stable?

China was one of the badly performed economy before the coronavirus is buying Asian shares, but its fall is not so much after pandemic, as per its own data. Reuters new poll shows otherwise

Apr 14, 2020

By Vinay B.S.

Coronavirus

IMF chief claims Coronavirus pandemic will start worst recession since Great Depression

The coronavirus outbreak has infected more than one million people in the world and has claimed the lives of nearly 90,000

Apr 9, 2020

By IBTimes APAC Desk

Coronavirus

Britain's economy was struggling before the Coronavirus crisis escalated

The coronavirus outbreak has clainmed the lives of more than 88,000 people worldwide and has spread to more than 170 countries

Apr 9, 2020

By IBTimes APAC Desk

Coronavirus

Hong Kong announces $17.7 billion in relief measures to help fight the impact of Coronavirus

The coronavirus outbreak has already infected over one million people around the world claiming the lives of more than 80,000 globally

Apr 8, 2020

By IBTimes SG Desk

Coronavirus

Singapore unveils new stimulus spending of $3.5 billion to combat Coronavirus

Singapore's Finance Minister Heng Swee Keat told parliament on Monday that this is an unprecedented budget in extraordinary times

Apr 6, 2020

By Bhaswati Guha Majumder

Coronavirus

These photos shared online with the message, "Italians are throwing money on the streets" goes viral; Here's the truth

Hoax busted: Italians are not throwing money on the streets due to rising Coronavirus cases

The pictures showing currencies scattered on the streets are going viral claiming that they are captured from Italy

Apr 1, 2020

By Anu James

Coronavirus Fake news

Asia's factory activity falls as Coronavirus pandemic deepens

The coronavirus outbreak has claimed the lives of over 37,000 people worldwide while infecting over 700,000

Apr 1, 2020

By IBTimes SG Desk

Coronavirus

America's biggest department store chain Macy's furloughs 130,000 employees amid Coronavirus

Macy's, Kohl's and Gap furlough most of its workers while their stores closure extends during coronavirus crisis

Mar 31, 2020

By Bharat Sharma

Coronavirus

Indonesia planning to relax budget deficit limit amidst Coronavirus pandemic

The coronavirus outbreak has claimed the lives of more than 37,000 people around the world while infecting over 600,000

Mar 31, 2020

By IBTimes SG Desk

Coronavirus

Coronavirus pandemic to slow growth in Asia, China: World Bank

The coronavirus pandemic has created a major stir around the world claiming the lives of more than 37,000 people worldwide

Mar 31, 2020

By IBTimes SG Desk

Coronavirus

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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

IMF projects a recession for sub-Saharan Africa in 2020

Oil slips as producer cuts fail to banish demand fears

Britain's economy to shrink by 35% in April-June period due to lockdown: Report

IMF announces debt relief to 25 countries; Here is the list of nations receiving funds

Big economies will contract a whopping 35% this quarter, Goldman says in alarming note

Why China increased investments in Asia amid Coronavirus? Economy still stable?

IMF chief claims Coronavirus pandemic will start worst recession since Great Depression

Britain's economy was struggling before the Coronavirus crisis escalated

Hong Kong announces $17.7 billion in relief measures to help fight the impact of Coronavirus

Singapore unveils new stimulus spending of $3.5 billion to combat Coronavirus

Hoax busted: Italians are not throwing money on the streets due to rising Coronavirus cases

Asia's factory activity falls as Coronavirus pandemic deepens

America's biggest department store chain Macy's furloughs 130,000 employees amid Coronavirus

Indonesia planning to relax budget deficit limit amidst Coronavirus pandemic

Coronavirus pandemic to slow growth in Asia, China: World Bank

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