Economy

Singapore Economy Posts Surprise Growth in First Quarter; Outlook Buoyant For Year Ahead

Singapore's economic turnaround followed three straight quarters of contraction as the economy was battered by the coronavirus pandemic.

Apr 14, 2021

By Jacob J

Coronavirus

Indian Man Turns Sex Worker Due to Lockdown Job Loss, Wife Files for Divorce

An Indian woman filed for divorce after she found out that her husband was working as a sex worker after he lost his job in a BPO company.

Apr 12, 2021

By Suman Priya Mendonca

Coronavirus

US Current Account Deficit Hits 12-Year High as Pandemic Disrupts Exports

The Commerce Department said the current account deficit surged 34.8 percent to $647.2 billion in 2020.

Mar 23, 2021

By Reuters

Coronavirus

Turkey attempted military coup: 21 Singaporeans and 127 Malaysians stranded in Turkish airport

Turkish Lira Tumbles After Sacking of Central Bank Head

Saturday, Erdogan abruptly removed Naci Agbal from the post of the central bank governor with a presidential decree.

Mar 23, 2021

By IANS

Japan's economy contracts less than expected 1.1% in fourth quarter

Japan Says RCEP Trade Deal Will Give Its Economy a $140 Billion Boost

The Asia-Pacific trade deal signed last year and covers a third of global trade and population.

Mar 20, 2021

By Jacob J

India Beats Russia in Forex Reserves; Now 4th Behind China, Japan and Switzerland

At the moment, India's forex reserve are enough to last 18 months of imports.

Mar 14, 2021

By Jacob J

Illustration photo of U.S. Dollar and China Yuan notes

OECD Says Global GDP Will Grow 5.6% if Vaccine Rollout Happens Fast

Prospects are brighter in the Asia-Pacific region where several countries have effectively contained the virus.

Mar 10, 2021

By IANS

Coronavirus

US Fed Chief Says Economic Recovery Remains Uneven, Far From Complete

The economy remains "a long way" from the central bank's employment and inflation goals, and it is likely to "take some time" to see substantial further progress.

Feb 24, 2021

By IANS

Coronavirus

King Salman bin Abdulaziz Al Saud of Saudi Arabia

Why is Saudi Arabia Conducting a 'Financial MRI'?

Despite Saudi's oil wealth, creating enough jobs for the kingdom's young population is one of the biggest challenges facing Prince Mohammed.

Feb 23, 2021

By Reuters

Coronavirus

Singapore Reports Worst Full-Year Recession Since Independence

Despite the huge blow to the economy handed by the pandemic, the government maintained the growth forecast for 2021 between 4 and 6 percent.

Feb 15, 2021

By Jacob J

Coronavirus

Malaysian economy expands 4.5% in fourth quarter

Pandemic Hits Malaysia Hard; Biggest GDP Decline in 23 Years Reported

Except for manufacturing, all economic sectors continued to record negative growth.

Feb 11, 2021

By IANS

Coronavirus

Covid Pain: US Employment Scene Will Not Make Full Recovery Before 2024

The pandemic caused economic disruptions in sectors such as travel and hospitality, while job losses were concentrated among lower-wage workers.

Feb 2, 2021

By IANS

singapore artificial intelligence datarobot

Singapore Economy Shrinks 5.8% in 2020; Services, Construction Remain Worst-Hit

According to the official forecast, the economy would have contracted between 6 percent and 6.5 percent.

Jan 4, 2021

By Jacob J

Coronavirus

US Fed Approves Extension of 4 Emergency Covid-19 Lending Facilities

The move came after Treasury Secretary Steven Mnuchin asked the Fed to end five emergency Covid-19 lending facilities.

Dec 1, 2020

By IANS

Coronavirus

US economy expands 1.4% in fourth quarter; corporate profits fall

US Economic Growth Outlook Dims on Pandemic Waves, Weaker Stimulus

The US economy would shrink 1 percent in Q1 next year due to worsening pandemic across the country, JP Morgan said in a client note.

Nov 21, 2020

By IANS

Coronavirus

Prev 8 9 10 11 12 13 14 15 16 17 Next

BLOGS AND FEATURES

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

By IBTimes SG Desk

Previous 1 of Next

Economy

Singapore Economy Posts Surprise Growth in First Quarter; Outlook Buoyant For Year Ahead

Indian Man Turns Sex Worker Due to Lockdown Job Loss, Wife Files for Divorce

US Current Account Deficit Hits 12-Year High as Pandemic Disrupts Exports

Turkish Lira Tumbles After Sacking of Central Bank Head

Japan Says RCEP Trade Deal Will Give Its Economy a $140 Billion Boost

India Beats Russia in Forex Reserves; Now 4th Behind China, Japan and Switzerland

OECD Says Global GDP Will Grow 5.6% if Vaccine Rollout Happens Fast

US Fed Chief Says Economic Recovery Remains Uneven, Far From Complete

Why is Saudi Arabia Conducting a 'Financial MRI'?

Singapore Reports Worst Full-Year Recession Since Independence

Pandemic Hits Malaysia Hard; Biggest GDP Decline in 23 Years Reported

Covid Pain: US Employment Scene Will Not Make Full Recovery Before 2024

Singapore Economy Shrinks 5.8% in 2020; Services, Construction Remain Worst-Hit

US Fed Approves Extension of 4 Emergency Covid-19 Lending Facilities

US Economic Growth Outlook Dims on Pandemic Waves, Weaker Stimulus

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%