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S.Korea unveils biggest extra budget plan to tackle COVID-19 outbreak

S.Korea unveils biggest extra budget plan to tackle COVID-19 outbreak

2020-06-03 13:20

The extra budget plan worth 35.3 trillion won (28.5 billion U.S. dollars) will be submitted to the National Assembly for approval.

Spain set to introduce tax on single-use plastics

Spain set to introduce tax on single-use plastics

2020-06-03 02:32

The Spanish government will introduce a tax on single-use plastics which will generate an income of 724 million euros (808 million U.S. dollars).

China denounces U.S. visa restrictions on Chinese students

China denounces U.S. visa restrictions on Chinese students

2020-06-02 21:55

The U.S. visa restriction on Chinese students and researchers severely undermined their legitimate rights and interests.

Revised S. Korean GDP declines 1.3 pct in Q1

Revised S. Korean GDP declines 1.3 pct in Q1

2020-06-02 16:30

The revised South Korean GDP dipped 1.3 percent in the first quarter from the previous quarter.

S. Koreas consumer price falls 0.3 pct in May

S. Korea's consumer price falls 0.3 pct in May

2020-06-02 14:37

South Korea's consumer price fell 0.3 percent in May from a year earlier, marking the first fall in eight months.

Australian central bank keeps interest rate on hold at 0.25 percent

Australian central bank keeps interest rate on hold at 0.25 percent

2020-06-02 14:13

Australia's official interest rate remained on hold at 0.25 percent on Tuesday, following the June monthly meeting of the country's central bank.

U.S. high unemployment largely due to poor management of COVID-19 pandemic

U.S. high unemployment largely due to poor management of COVID-19 pandemic

2020-06-02 14:01

The extraordinarily high unemployment rate in the United States is in large part due to the poor management of the COVID-19 pandemic.

S.Korea reports 38 more COVID-19 cases, 11,541 in total

S.Korea reports 38 more COVID-19 cases, 11,541 in total

2020-06-02 13:45

South Korea reported 38 more cases of the COVID-19 compared to 24 hours ago as of 0:00 a.m. Tuesday local time.

COVID-19 fallout to cost U.S. economy 7.9 tln USD over next decade: CBO

COVID-19 fallout to cost U.S. economy 7.9 tln USD over next decade: CBO

2020-06-02 11:35

Fallout from the COVID-19 pandemic will shrink the size of the U.S. economy by 7.9 trillion U.S. dollars over the next decade.

U.S. COVID-19 cases top 1.8 mln: Johns Hopkins University

U.S. COVID-19 cases top 1.8 mln: Johns Hopkins University

2020-06-02 07:01

The number of COVID-19 cases in the United States topped 1.8 million on Monday, reaching 1,808,291 as of 6:33 p.m. (2233 GMT).

Moodys downgrades Indias sovereign rating, maintains negative outlook

Moody's downgrades India's sovereign rating, maintains negative outlook

2020-06-02 00:24

Moody's Investors Service (MIS), an American credit rating agency Monday downgraded India's sovereign rating to "Baa3" from "Baa2".

S.Korean govt revises down 2020 growth outlook to 0.1 pct

S.Korean gov't revises down 2020 growth outlook to 0.1 pct

2020-06-01 15:53

South Korea's government revised down its 2020 economic growth outlook to 0.1 percent Monday.

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