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Indonesia's Q1 GDP growth hits 19-year low

Indonesia’s economic growth in the first quarter (Q1) slowed significantly...

Philippine inflation eases to 2.2pc in April

The Philippines' headline inflation further slowed down to 2.2 per...

ECB survey sees relatively benign recession

The euro zone economy will contract less than many of...

Pandemic slams Asia’s factories, activity hits financial-crisis lows

Asia’s factory activity was ravaged in April, business surveys showed...

Rich nations must make pandemic recovery plans green: Global investors

The world’s richest nations must ensure their COVID-19 recovery plans...

IMF approves $643 million in pandemic aid for Ecuador: Ministry

The International Monetary Fund has approved a request from Ecuador...

Hit by lockdown, Nepal cuts growth forecast to lowest in four years

Nepal has cut its economic growth forecast for the fiscal...

GDP down 3.3pc in euro area, 2.7pc in EU in Q1

Euro area economy contracted 3.3 per cent in the first...

Half of global workforce at risk of losing livelihoods: ILO

Nearly half of global workforce is at risk of losing...

Zoom selects Oracle as a cloud infrastructure provider

Oracle on Wednesday announced that Zoom Video Communications, Inc. is...

Federal Reserve’s four radical moves to save economy

As policymakers from America's central bank prepare to meet -...

Saudi foreign reserves fall at fastest in at least two decades

Saudi Arabia’s central bank foreign reserves fell in March at...

UN lays out roadmap to lift economies, save jobs after COVID-19

In a new framework released Monday as a roadmap to...

German economy to contract by 6.6pc in 2020

German economic institute Ifo has said it expected the economy...

White House shifting focus to economy

The White House is planning to shift President Donald Trump's...

Job losses loom in US as states set to reopen

Another wave of states prepared to ease coronavirus restrictions on...

Restarting Canadian economy doesn’t hinge on coronavirus 'immunity': Trudeau

Plans underway to restart the economies of Canadian provinces do...

India plans quick review of Chinese investment proposals

India plans to fast track the review of some investment...

Philippine economy to suffer record contraction

The coronavirus (COVID-19) outbreak will likely send the Philippine economy...

Developing nations’ debt burden may soar to $3.4 trillion, says UNCTAD

Developing countries’ repayments on their public external debt alone may...

IMF approves $28.9m assistance to Maldives

The International Monetary Fund (IMF) has approved a disbursement of...

India pushes lending, asks banks for daily reports

India's government has redoubled efforts to push state-run banks to...

Countries struggle to save lives and livelihoods as COVID-19 rages on

As the confirmed COVID-19 cases worldwide continue to rise, major...