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U.S. consumer prices fall for 3rd straight month in May
U.S. consumer prices fell for a third straight month in May as the COVID-19 fallout continues to ripple through the country.
Vietnam exports less fruit, veggie in 5 months
Vietnam exported nearly $1.6 billion of fruits and vegetables in the first five months of this year, posting a year-on-year decline of 10.3 percent.
IMF chief urges countries to guard against retreat from globalization
Kristalina Georgieva urged countries to recognize the importance of global trade amid the COVID-19 pandemic.
IMF to revise down Asia and Pacific growth forecast amid COVID-19 fallout
The International Monetary Fund (IMF) is expected to revise down the growth forecast for the Asia and Pacific region in a revised update.
Brazilian industry sees poorest monthly performance in decade in April
Brazilian industry registered the poorest monthly performance in a decade in April, with a 23.3 percent drop in billing compared to the previous month
Finnish economy to contract by 7 pct this year: Bank of Finland
The Finnish economy will contract sharply by around 7 percent in 2020, mainly due to the COVID-19 pandemic.
Incentive scheme offered to revive Thailand's local tourism
Thailand's Ministry of Finance is set to roll out an incentive scheme to encourage Thai people to travel and spend domestically.
French economy to contract over 10 pct in 2020: central bank
France's economy is on course to shrink over 10 percent in 2020 due to the coronavirus outbreak, the central bank said on Tuesday.
Philippine economy to shrink 1.9 pct in 2020 on COVID-19 impact: World Bank
The Philippine economy is projected to contract 1.9 percent this year due to the economic fallout triggered by natural disasters and COVID-19.
Philippines, AIIB ink $750 mln loan pact on co-financing for COVID-19
The Philippines has signed an agreement with the AIIB committing the multilateral lender to extend a loan of 750 million U.S. dollars.
DPRK to cut off inter-Korean communication lines: state media
The Democratic People's Republic of Korea (DPRK) will cut off all inter-Korean communication lines at noon Tuesday.
World Bank projects global economy to shrink by 5.2 pct in 2020
The global economy is on track to shrink by 5.2 percent this year amid the COVID-19 pandemic, the deepest recession since the Second World War.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
