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Public health response remains key priority to protect economic activity: IMF

As countries around the world struggle to strike a balance...

Call for comprehensive emergency debt relief to combat COVID-19

Global businesses, workers and civil society organisations have called for...

China's economic rebound good news for Southeast Asian nations, says economist

China's economic growth is likely to benefit Southeast Asian nations...

China's GDP expands 3.2pc in second quarter

China's gross domestic product (GDP) expanded 3.2 per cent year...

IMF chief warns global economy 'not out of the woods'

Global economic activity is picking up after an unprecedented decline...

V-shaped rebound expected in China

After turning in its first contraction on record in the...

US Fed warns of deep uncertainty amid resurgence in Covid-19 cases

Amid a recent resurgence in Covid-19 cases, a US Federal...

ADB to hold annual meeting’s 2nd stage virtually in September

The Asian Development Bank (ADB) will hold the second stage...

Global small businesses struggle for survival amid pandemic

Millions of small businesses around the globe struggle to survive...

UK economy begins tepid recovery in May after record slump

Britain’s economy took a first step on the long road...

Pandemic knocks Singapore into recession with record 41pc GDP plunge

Singapore’s economy suffered a record contraction in the second quarter,...

Pause, reflect: Five questions for the ECB

For the first time in months, the European Central Bank...

Mexico loses over 900,000 jobs due to Covid-19 in H1

Mexico lost 921,583 jobs in the first half (H1) of...

Indian economy's medium-term outlook remains uncertain, says RBI Governor

The Indian economy’s medium-term outlook remains uncertain even though the...

US jobless claims continue to drop last week

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

IMF urges 'equity-like' govt support for virus-hit firms

International Monetary Fund Chief Economist Gita Gopinath urged governments to...

Sri Lanka central bank delivers steep rate cuts to support virus-hit economy

Sri Lanka’s central bank delivered an unusually large cut to...

'Death Cross' strikes US dollar as Covid-19 cases grow

A resurgent coronavirus pandemic in the United States and the...

China's consumer inflation rises to 2.5pc in June

China's consumer inflation remained generally stable in June under the...

Vietnam's plastic import volume up 5.3pc in H1

Vietnam imported more than 3.1 million tons of plastic worth...

‘COVID-19 ends hopes of poverty eradication by 2030’

The global COVID-19 pandemic has pushed more than 250 million...

Indonesia's forex reserves reach $131.7b in June

Indonesia's central bank recorded foreign exchange (forex) reserves at 131.7...

Currency crisis impoverishes Iranians, strains economic defences

Desperate to afford her daughter’s overseas university fees, 58-year-old retired...