Big economies will contract a whopping 35% this quarter, Goldman says in alarming note A total lockdown has worked for many countries, but the resultant economic hardships are slowly rolling up on to every doorstep. Apr 14, 2020By Jacob J Coronavirus
Why China increased investments in Asia amid Coronavirus? Economy still stable? China was one of the badly performed economy before the coronavirus is buying Asian shares, but its fall is not so much after pandemic, as per its own data. Reuters new poll shows otherwise Apr 14, 2020By Vinay B.S. Coronavirus
IMF chief claims Coronavirus pandemic will start worst recession since Great Depression The coronavirus outbreak has infected more than one million people in the world and has claimed the lives of nearly 90,000 Apr 9, 2020By IBTimes APAC Desk Coronavirus
Britain's economy was struggling before the Coronavirus crisis escalated The coronavirus outbreak has clainmed the lives of more than 88,000 people worldwide and has spread to more than 170 countries Apr 9, 2020By IBTimes APAC Desk Coronavirus
Hong Kong announces $17.7 billion in relief measures to help fight the impact of Coronavirus The coronavirus outbreak has already infected over one million people around the world claiming the lives of more than 80,000 globally Apr 8, 2020By IBTimes SG Desk Coronavirus
Singapore unveils new stimulus spending of $3.5 billion to combat Coronavirus Singapore's Finance Minister Heng Swee Keat told parliament on Monday that this is an unprecedented budget in extraordinary times Apr 6, 2020By Bhaswati Guha Majumder Coronavirus
Hoax busted: Italians are not throwing money on the streets due to rising Coronavirus cases The pictures showing currencies scattered on the streets are going viral claiming that they are captured from Italy Apr 1, 2020By Anu James Coronavirus Fake news
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 Apr 1, 2020By IBTimes SG Desk Coronavirus
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 Mar 31, 2020By 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 Mar 31, 2020By IBTimes SG Desk Coronavirus
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 worldwide Mar 31, 2020By IBTimes SG Desk Coronavirus
Japan's Abe vows unprecedented stimulus as Tokyo virus cases rise As infections began to rise the world's third-largest economy is taking steps to cushion Japan's economy amid the coronavirus pandemic Mar 28, 2020By Reuters Coronavirus
G20 leaders to inject $5 trillion into global economy in fight against coronavirus G20 leaders also expressed concern about the risks to fragile countries, notably in Africa, and populations like refugees Mar 27, 2020By Reuters Coronavirus
Distressed debt in US reaching as high as 2008 amid COVID-19 crisis; Expert says no quick recovery Distressed debt in the US has quadrupled to $1 trillion right now, in less than a week, expert says there is no quick recovery Mar 26, 2020By Vinay B.S. Coronavirus
Resilience Budget: Singapore is setting aside additional $48.4 billion for Coronavirus crisis The Singapore government is setting aside a further $48.4 billion to support businesses, workers and families in the Republic Mar 26, 2020By IBTimes SG Desk Coronavirus