Economy

G20 leaders to inject $5 trillion into global economy in fight against coronavirus

G20 leaders also expressed concern about the risks to fragile countries, notably in Africa, and populations like refugees

Mar 27, 2020

By Reuters

Coronavirus

Distressed debt in US reaching as high as 2008 amid COVID-19 crisis; Expert says no quick recovery

Distressed debt in the US has quadrupled to $1 trillion right now, in less than a week, expert says there is no quick recovery

Mar 26, 2020

By Vinay B.S.

Coronavirus

Resilience Budget: Singapore is setting aside additional $48.4 billion for Coronavirus crisis

The Singapore government is setting aside a further $48.4 billion to support businesses, workers and families in the Republic

Mar 26, 2020

By IBTimes SG Desk

Coronavirus

EU tells banks to be flexible over loan losses rule in epidemic

Banks said they face mounting provisions, which could eat into their capital, as businesses and households struggle repaying loans due to economic disruption caused by the virus

Mar 25, 2020

By Reuters

Coronavirus

UK inflation falls off six-month high as fuel prices drop

Retail price inflation, an older, less accurate measure still used for inflation-linked government bonds and also some commercial contracts, fell to 2.5% from 2.7% in January

Mar 25, 2020

By Reuters

Coronavirus

COVID-19 estimates point toward a recession while US Senate fails to move the stimulus package

Many expert estimates and comments point the US toward a recession while the senate did not failed the stimulus package.

Mar 24, 2020

By Vinay B.S.

Coronavirus

Lockdowns, panic buying due to COVID-19 outbreak may cause worldwide food inflation: FAO, analysts

The coronavirus outbreak has caused a major panic around the world as the deadly virus claimed the lives of over 11,000 people globally

Mar 21, 2020

By IBTimes SG Desk

Coronavirus

$US readies 1 trillion stimulus: Trump may give large corporate tax cuts; Democrats not happy

The Coronavirus Aid, Relief and Economic Security Act is expected to be passed by Congress by Monday.

Mar 20, 2020

By Jacob J

Coronavirus

US Depression a fancy theme for Chinese; state media warns of 1929-like scenario

The risk of a depression in the United States is greater than ever since the Great Depression of 1929, says Chinese government mouthpiece.

Mar 19, 2020

By Jacob J

Coronavirus

Talk of global recession gives way to fears of a 2020 depression

There is no sign that that we have avoided the 2008-type scenario completely.

Mar 17, 2020

By Jacob J

Coronavirus

France to mobilize 45 billion euros as economy slumps 1% in 2020

Le Maire stated that a large part of the 45 billion euro figure was the deferral of all tax payments and payroll charges which companies were due to pay this month

Mar 17, 2020

By Reuters

Coronavirus

China's first 'sky train' starts it operation in Chengdu

China sends Wuhan back to work: Has country turned a corner in fight against coronavirus?

The city is variously known as 'Chicago of the East" and 'China Detroit'.

Mar 11, 2020

By Jacob J

Coronavirus

Oil steadies as OPEC, allies work on big cut

Saudi Arabia and other OPEC members will seek to persuade Russia to join them in large additional oil output cuts to prop up prices which tumbled due to the coronavirus epidemic

Mar 4, 2020

By Reuters

Coronavirus

Asian stock markets reverse losses on global policy stimulus hopes

New survey showed China's factory activity collapsing to its worst levels on record as the virus crippled broad areas of the economy

Mar 2, 2020

By Reuters

Singapore June NODX fall 2.3% on-year due to weak China, Europe demand

COVID-19 had implications on South Korea's February trade; ministry claims worse to come

The monthly trade data of the Asian nation, which is the first to be released among all the big exporting economies

Mar 1, 2020

By IBTimes SG Desk

Coronavirus

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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

G20 leaders to inject $5 trillion into global economy in fight against coronavirus

Distressed debt in US reaching as high as 2008 amid COVID-19 crisis; Expert says no quick recovery

Resilience Budget: Singapore is setting aside additional $48.4 billion for Coronavirus crisis

EU tells banks to be flexible over loan losses rule in epidemic

UK inflation falls off six-month high as fuel prices drop

COVID-19 estimates point toward a recession while US Senate fails to move the stimulus package

Lockdowns, panic buying due to COVID-19 outbreak may cause worldwide food inflation: FAO, analysts

$US readies 1 trillion stimulus: Trump may give large corporate tax cuts; Democrats not happy

US Depression a fancy theme for Chinese; state media warns of 1929-like scenario

Talk of global recession gives way to fears of a 2020 depression

France to mobilize 45 billion euros as economy slumps 1% in 2020

China sends Wuhan back to work: Has country turned a corner in fight against coronavirus?

Oil steadies as OPEC, allies work on big cut

Asian stock markets reverse losses on global policy stimulus hopes

COVID-19 had implications on South Korea's February trade; ministry claims worse to come

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