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Malaysias economy contracts 17.1 pct in Q2 amid COVID-19 outbreak

Malaysia's economy contracts 17.1 pct in Q2 amid COVID-19 outbreak

2020-08-14 15:48

The Malaysian economy contracted 17.1 percent year on year in the second quarter, the worst slump since the fourth quarter of 1998.

Australian virus outbreak delays national economic recovery by months

Australian virus outbreak delays national economic recovery by months

2020-08-14 13:58

The COVID-19 outbreak in the Australian State of Victoria will likely delay the country's economic recovery by several months.

Sri Lankas new govt aims to boost exports

Sri Lanka's new gov't aims to boost exports

2020-08-14 13:44

The new Sri Lankan government is aiming to boost exports this year as at least four state ministers have been appointed to develop key local products.

Trump plans to accept Republican presidential nomination at White Houselawn

Trump plans to accept Republican presidential nomination at White Houselawn

2020-08-14 12:32

U.S. President Donald Trump said Thursday he intended to give his speech accepting Republican presidential nomination at the White House lawn.

U.S. economic recovery at risk

U.S. economic recovery at risk

2020-08-14 11:05

U.S. economic recovery is facing significant risks as Congress remains deadlocked over the COVID-19 relief bill.

PNG approves Chinese construction workers to enter country

PNG approves Chinese construction workers to enter country

2020-08-14 10:24

The Papua New Guinea government gave approval for 175 Chinese workers to return to the South Pacific island country to complete major projects there.

U.S. failure to renew COVID-19 stimulus threatens further economic decline

U.S. failure to renew COVID-19 stimulus threatens further economic decline

2020-08-14 06:08

"In the current depressed state of the economy, destimulation is a very poor policy choice."

Israel, UAE agree to normalization of relations: joint statement

Israel, UAE agree to normalization of relations: joint statement

2020-08-14 01:36

Israel and the United Arab Emirates (UAE) agreed to the full normalization of relations.

U.S. weekly jobless claims fall below 1 mln for 1st time in 5 months

U.S. weekly jobless claims fall below 1 mln for 1st time in 5 months

2020-08-14 00:46

The number of initial jobless claims in the United States fell to 963,000 last week, the first time it has dipped below 1 million since mid-March.

U.S. modifies list of European products subject to extra tariffs

U.S. modifies list of European products subject to extra tariffs

2020-08-13 23:33

The United States has issued a modification to the list of European products subject to additional duties.

Japans wholesale prices fall 0.9 pct in July as pandemic zaps demand

Japan's wholesale prices fall 0.9 pct in July as pandemic zaps demand

2020-08-13 22:23

Japan's wholesale prices fell 0.9 percent in July from a year earlier owing to demand being hit by the global pandemic.

Swedens GDP projected to shrink by 4.8 pct in 2020

Sweden's GDP projected to shrink by 4.8 pct in 2020

2020-08-13 22:19

Sweden's GDP is expected to decline by 4.8 percent in 2020.

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