Asian shares pull back from multi-year highs on fears the new virus strain could slow economic recovery.
Asian shares pull back from multi-year highs on fears the new virus strain could slow economic recovery.
Asian stocks dip over fears of a new virus strain in the UK, offsetting gains from news of a new US stimulus bill.
COVID-19 pandemic has hit billions of people hard with poverty set to surge in almost every country, Oxfam says.
To attract investors to its new sovereign fund, Indonesia needs to show governance protocols are airtight, analysts say.
Asian stock markets rise on hopes of a better-than-expected regional economic recovery supported by China’s rebound.
Developing Asia is expected to contract less than previously expected as China and India post economic recoveries.
The lira has lost some 18 percent of its value against the US dollar this year, despite greenback weakness.
The government will send its new offer to the US Securities and Exchange Commission in the coming days, Reuters reports.
IMF sees global economy shrinking 4.9 percent this year, warns of disconnect between Wall Street and Main Street.
The Fed predicted the US economy would shrink 6.5 percent this year in a challenge to recent market optimism.
Global GDP will probably shrink 5.2 percent in 2020 because of the coronavirus, says the World Bank.
Emerging economies are identifying areas to invest in that strengthen defences against coronavirus and create jobs.
More than 300 politicians, including Bernie Sanders, Ilhan Omar, Jeremy Corbin, urge debt cancellation for poor.
High external debt costs, dwindling foreign reserves and coronavirus present serious challenges to the Turkish lira.