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IMF extends debt relief for 28 low-income countries

The Executive Board of the International Monetary Fund (IMF) has...

No tax increases in Germany during pandemic, minister says

Germany should not raise taxes during the pandemic, Economy Minister...

Singapore's retail sales fall 5.7pc y/y in August

The Department of Statistics (DOS) of Singapore has announced that...

US launches probe into whether Vietnam undervalues its currency

The United States is opening an investigation into whether Vietnam...

US personal income decreases 2.7pc in August

US personal income decreased 2.7 per cent in August, following...

Vietnam's manufacturing returns to growth in Sept

Vietnamese manufacturing sector returned to growth in September as COVID-19...

Global housing markets face tougher year ahead, poll shows

Most major housing markets won’t keep up with the consumer...

WB may ready $12b corona vaccine financing for poor countries

World Bank President David Malpass said on Tuesday he is...

US House Democrats unveil $2.2 trillion Covid-19 relief package

Democrats from the US House of Representatives unveiled on Monday...

Pandemic to push Asia’s growth to lowest since 1967: World Bank

The coronavirus pandemic is expected to lead to the slowest...

Malaysia's exports fall 2.9pc in August

Malaysia's exports fell 2.9 per cent year-on-year to 79.14 billion...

Sri Lanka seeks fresh currency swap facility, deferment of debt payments from India

Sri Lankan Prime Minister Mahinda Rajapaksa sought an additional currency...

Global economic outlook ‘less dire’ than June prediction: IMF

The global economic outlook is not quite as dark as...

WB sees curbing corruption as more important during pandemic

Progress against corruption can be made even under the most...

Vietnam exports 850 million masks in eight months

Vietnamese businesses exported nearly 850 million medical masks in the...

Covid-19 will weigh on some economies for years: IMF official

The coronavirus crisis is lasting longer than expected and it...

ILO says pandemic cuts worldwide income from work by a tenth

Income earned from work worldwide dropped by an estimated 10.7...

Bhutan issues first sovereign bond to meet increasing fiscal financing needs

The Royal Government of Bhutan has announced its first sovereign...

US existing home sales jump to 14-year high in Aug

US existing home sales in August surged to their highest...

US govt debt will nearly double by 2050: CBO

US federal debt is projected to reach nearly twice the...

UK manufacturers see no evidence of 'V'-shaped recovery

British manufacturers see no evidence of a ‘V’-shaped recovery from...

Canada's wholesale sales hit record high in July

Canadian wholesale sales rose 4.3 per cent to a record...

ADB committed to working with Asia for recovery from COVID-19

The Asian Development Bank (ADB) has said it is committed...