Economy

These photos shared online with the message, "Italians are throwing money on the streets" goes viral; Here's the truth

Hoax busted: Italians are not throwing money on the streets due to rising Coronavirus cases

By Anu James

The pictures showing currencies scattered on the streets are going viral claiming that they are captured from Italy

Industry

Asia's factory activity falls as Coronavirus pandemic deepens

The coronavirus outbreak has claimed the lives of over 37,000 people worldwide while infecting over 700,000

By IBTimes SG Desk

America's biggest department store chain Macy's furloughs 130,000 employees amid Coronavirus

Macy's, Kohl's and Gap furlough most of its workers while their stores closure extends during coronavirus crisis

By Bharat Sharma

Coronavirus

Indonesia planning to relax budget deficit limit amidst Coronavirus pandemic

The coronavirus outbreak has claimed the lives of more than 37,000 people around the world while infecting over 600,000

By IBTimes SG Desk

Economy

Coronavirus pandemic to slow growth in Asia, China: World Bank

The coronavirus pandemic has created a major stir around the world claiming the lives of more than 37,000 people...

By IBTimes SG Desk

Japan's Prime Minister Shinzo Abe

Japan's Abe vows unprecedented stimulus as Tokyo virus cases rise

By Reuters

As infections began to rise the world's third-largest economy is taking steps to cushion Japan's economy amid the...

G20

G20 leaders to inject $5 trillion into global economy in fight against coronavirus

By Reuters

G20 leaders also expressed concern about the risks to fragile countries, notably in Africa, and populations like...

Recession

Distressed debt in US reaching as high as 2008 amid COVID-19 crisis; Expert says no quick recovery

By Vinay B.S.

Distressed debt in the US has quadrupled to $1 trillion right now, in less than a week, expert says there is no quick...

Finance Minister Heng Swee Keat

Resilience Budget: Singapore is setting aside additional $48.4 billion for Coronavirus crisis

By IBTimes SG Desk

The Singapore government is setting aside a further $48.4 billion to support businesses, workers and families in the...

IBTIMES TV

US China Trade deal

BLOGS AND FEATURES

EU Flag

EU tells banks to be flexible over loan losses rule in epidemic

By Reuters

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