The Financial Express

A month into reopening, no clear turn for US economy or pandemic

A month into efforts to broadly reopen the US economy there is little clarity either on the pace and durability of the recovery, or on the ability to convincingly suppress the virus that has killed more than 112,000 Americans. Data...

Federal Reserve keeps interest rates near zero

The US Federal Reserve has kept its benchmark interest rate...

Global economic activity likely to fall by 6.0pc this year

Global economic activity is expected to fall by 6.0 per...

Vietnam's unemployment rate stands at 2.05pc in 2019

Vietnam's unemployment rate among those aged 15 and above stood...

Post-pandemic recovery: ADB forms high-level panel for S Asia

The Asian Development Bank (ADB) has formed a high-level panel...

IMF chief urges countries to guard against retreat from globalisation

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has urged...

It's official: US economy entered recession in February

The US economy ended its longest expansion in history in...

COVID-19 to shrink 2020 global output by 5.2pc: WB

The coronavirus will cause global economic output to contract by...

‘Renewable power generation keeps getting cheaper’

Renewable power generation increasingly costs less than the cheapest fossil...

Indonesia's forex reserves soar to $130.5b in May

The Indonesian central bank's foreign exchange reserves (forex) drifted up...

Japan braces for worst postwar economic slump

Japan’s economy braced for its worst postwar slump even as...

G20 pledges more than $21b to fight coronavirus

The Group of 20 rich and emerging economies has pledged...

Cambodia likely to lose $3b in tourism revenue in 2020

Cambodia may lose about 3.0 billion US dollars in tourism...

US labour market sees surprise improvement in May

The US labour market improved unexpectedly in May raising hopes...

Singapore's retail sales fall sharply in April

Singapore's retail sales decreased by 40.5 per cent year on...

Indian consumer confidence at historic low: RBI

Indian consumers are facing double whammy with their confidence in...

Vietnam garment export value falls 14.5pc in five months

Vietnam's total textile and garment export value in the first...

COVID-19 may cost global economy $82t in five years

The global economy could take a hit of some $82...

Virus brings Asia's online lending sector to juddering halt

The spring started out rosy for the Indian arm of...

UNCTAD appoints Dona Bertarelli as special adviser for blue economy

The United Nations Conference on Trade and Development (UNCTAD) has...

Vietnam's new enterprises fall 10.5pc y/y in five months

A total of 48,300 enterprises with a total registered capital...

COVID-19 impact and the world economy in eight charts by RAPID

The first case of COVID-19 (Coronavirus) was reported in Wuhan,...

Moody's cuts India's rating to lowest investment grade

Moody’s Investors Service downgraded India’s credit rating to a notch...

Australia's stalled migrant boom derails golden economic run

Australia’s three decades of uninterrupted prosperity are coming to an...

A month into reopening, no clear turn for US economy or pandemic

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