Economy

US Labor Market Could Take Years to Heal From The Coronavirus Pandemic

Millions who lost their jobs due to COVID-19 pandemic continue to draw unemployment benefits, signaling that recovery will take years.

Jun 11, 2020

By Reuters

Coronavirus

US Economy Has Been in Recession Since February; Growth Expected to Resume This Summer

US GDP fell at a 4.8% annualized rate in the first three months of the year. Analysts expect April-June period to report an annualized decline of 20%.

Jun 9, 2020

By Reuters

These Jobs Are in Demand as US Reopens and Economic Recovery Starts

Unemployment dropped to 13.3 percent in May, as businesses added 2.5 million jobs, marking the best month for job growth since 1939.

Jun 8, 2020

By Vinay B.S.

Coronavirus

US Employment in Government Declines Sharply but Unemployment Rate Drops in May as Economy Reopens

US unemployment rate dropped slightly in May as businesses have gradually reopened across the country, shows new data

Jun 6, 2020

By IANS

Coronavirus

Coronavirus Frustrates Saudi Women's Push for Financial Independence

The Coronavirus pandemic has hammered Saudi Arabia's nascent non-religious tourism industry as well as other sectors

Jun 4, 2020

By Reuters

Coronavirus

From Joe Biden Win to Future of US Dollar, Impact of US Protests on Markets: Analysts' View

Analysts from Tokyo and Singapore comment on the what the US unrest following George Floyd's death means for the financial markets.

Jun 1, 2020

By Reuters

Wall Street Week Ahead: Investors Eye Consumer Discretionary Stocks as US Reopens

A gradual lifting of lockdowns in some American states has stirred hopes for a bounce-back for the retailers that make up much of the sector

May 31, 2020

By Reuters

Coronavirus Pandemic Could Leave 54 Million US Citizens Without Food, Reveals New Analysis

Chief operating officer of the Three Square food bank in Las Vegas revealed that 'People are going to go hungry, that's the truth'

May 31, 2020

By Bhaswati Guha Majumder

Coronavirus

Thailand's Parliament Approves $58 Billion Economic Package to Ease Virus Impact

Thailand began this month to gradually ease some restrictions introduced to contain the novel Coronavirus

May 31, 2020

By Reuters

Coronavirus

UK to Launch Big Stimulus Package Ahead of Summer due to Coronavirus Crisis: Report

The deadly virus outbreak has created a major stir around the world in recent times claiming the lives of more than 365,000 people worldwide

May 30, 2020

By IBTimes APAC Desk

Coronavirus

Singapore Cuts 2020 GDP Outlook Again as Economy Headed for Deepest-Ever Recession

Singapore's economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter basis.

May 26, 2020

By Reuters

Coronavirus

French Carmaker Renault Could Close Plants And Cut Jobs: Union

French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs

May 25, 2020

By Reuters

Coronavirus

EU Must Present United Front To Shield Pandemic-hit Banks: Regulator

European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday

May 25, 2020

By Reuters

Coronavirus

Xi Says China Could Have Set GDP Growth Goal Around 6% Had There been No Coronavirus

The Chinese government on Friday omitted a GDP growth target for 2020 in its yearly work report unveiled at the annual meeting of parliament

May 24, 2020

By Reuters

UK to require employers to pay 20-30% of furloughed wage cost

UK has drawn up plans to require employers to cover 20% to 30% of furloughed employees' wages from August to reduce the vast burden of the coronavirus crisis on government finances

May 23, 2020

By Reuters

Coronavirus

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BLOGS AND FEATURES

ThetaRay Launches Self-Service Compliance Tools Amid Rising Financial Crime Pressures in Asia-Pacific

By IBT Desk

Previous 1 of Next

Economy

US Labor Market Could Take Years to Heal From The Coronavirus Pandemic

US Economy Has Been in Recession Since February; Growth Expected to Resume This Summer

These Jobs Are in Demand as US Reopens and Economic Recovery Starts

US Employment in Government Declines Sharply but Unemployment Rate Drops in May as Economy Reopens

Coronavirus Frustrates Saudi Women's Push for Financial Independence

From Joe Biden Win to Future of US Dollar, Impact of US Protests on Markets: Analysts' View

Wall Street Week Ahead: Investors Eye Consumer Discretionary Stocks as US Reopens

Coronavirus Pandemic Could Leave 54 Million US Citizens Without Food, Reveals New Analysis

Thailand's Parliament Approves $58 Billion Economic Package to Ease Virus Impact

UK to Launch Big Stimulus Package Ahead of Summer due to Coronavirus Crisis: Report

Singapore Cuts 2020 GDP Outlook Again as Economy Headed for Deepest-Ever Recession

French Carmaker Renault Could Close Plants And Cut Jobs: Union

EU Must Present United Front To Shield Pandemic-hit Banks: Regulator

Xi Says China Could Have Set GDP Growth Goal Around 6% Had There been No Coronavirus

UK to require employers to pay 20-30% of furloughed wage cost

ThetaRay Launches Self-Service Compliance Tools Amid Rising Financial Crime Pressures in Asia-Pacific

ThetaRay Launches Self-Service Compliance Tools Amid Rising Financial Crime Pressures in Asia-Pacific

MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter

MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter

Islands Need Resilient Power Systems More Than Ever: IEA

Islands Need Resilient Power Systems More Than Ever: IEA