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Italy loses 600,000 jobs since Covid-19 outbreak

Italy has lost 600,000 jobs in June compared to February...

Mexico's GDP plunges record 18.9pc in Q2

Mexico's gross domestic product (GDP) plunged a record 18.9 per...

World economic recovery looks ever more shaky

The world economic outlook has dimmed again, with still-rising coronavirus...

China warns India against 'forced decoupling' of their economies

China warned on Thursday that a “forced decoupling” of its...

US jobless claims rise for 2nd consecutive week

The number of initial jobless claims in the United States...

Austrian economy suffers historic 11 per cent slump in second quarter

The Austrian economy shrank 10.7 per cent in the second...

Work for inclusive societies, economies: UN chief

UN Secretary-General Antonio Guterres has urged all to pledge to...

Vietnam's industrial production up slightly in 7 months

Vietnam's national index of industrial production advanced 2.6 per cent...

China-EU economic ties steering toward recovery from COVID-19

China and EU Tuesday convened one of their most important...

India's gloomy outlook darkens, recovery path in doubt

The outlook for India’s reeling economy has worsened again as...

Australian employment suffers setback from second virus wave

Australian employment fell 1.1 per cent between mid-June and mid-July,...

China's economy seen growing 2.2 per cent in 2020

China’s economy is expected to recover steadily in the rest...

UN chief calls for efforts to build sustainable cities amid pandemic

UN Secretary-General Antonio Guterres on Tuesday called for efforts to...

Euro zone economy not yet out of danger from Covid-19: ECB's Panetta

The danger to the euro zone economy from the coronavirus...

Singapore's manufacturing output declines 6.7pc on year in June

Singapore Economic Development Board announced on Friday that the country's...

100m people likely to enter extreme poverty globally in 2020: UN

UN deputy chief Amina Mohammed has said as many as...

South Korea enters recession as exports plunge by most since 1963

South Korea plunged into recession in the second quarter in...

IMF calls for protecting women's economic opportunities

The International Monetary Fund (IMF) has urged the policymakers to...

Maldives to lower rents for tourism industry

The Maldives' government will lower rents for lands leased for...

EU reaches deal on post-pandemic recovery after marathon summit

European Union leaders reached a deal on a massive stimulus...

Euro zone current account surplus narrows again

The current account surplus of the 19 countries sharing the...

EU leaders show first signs of compromise on stimulus plan

Signs emerged that leaders of northern European Union countries were...

Covid-19: EU recovery summit remains deadlocked

EU leaders stood at an impasse on Monday after three...