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S. Koreas export drops 23.7 pct in May over COVID-19

S. Korea's export drops 23.7 pct in May over COVID-19

2020-06-01 13:10

South Korea's export dropped in double digits in May as global demand weakened amid the COVID-19 outbreak across the world.

Vietnams industrial production up slightly in 5 months

Vietnam's industrial production up slightly in 5 months

2020-06-01 12:15

Vietnam's national index of industrial production advanced 1 percent year-on-year between January and May, the lowest level in the past several years.

White House not to release economic projections this summer: media

White House not to release economic projections this summer: media

2020-05-29 14:27

White House officials have decided not to release updated economic projections this summer.

Fed official says COVID-19 pandemic worsens U.S. inequality

Fed official says COVID-19 pandemic worsens U.S. inequality

2020-05-29 14:19

The COVID-19 pandemic is worsening U.S. inequality in income and race, a senior Federal Reserve official said Thursday.

S.Koreas industrial output falls 2.5 pct in April

S.Korea's industrial output falls 2.5 pct in April

2020-05-29 09:33

South Korea's industrial output fell last month on the back of an economic fallout from the COVID-19 outbreak.

U.S. president signs executive order targeting social media companies

U.S. president signs executive order targeting social media companies

2020-05-29 07:18

U.S. President Donald Trump signed an executive order aimed at increasing the ability of the government to regulate social media platforms.

U.S. economy contracts 5 pct in Q1, decline expected to be deeper in Q2

U.S. economy contracts 5 pct in Q1, decline expected to be deeper in Q2

2020-05-29 05:16

New data showed that U.S. economic activity in the first quarter contracted at an annual rate of 5 percent.

France to further ease lockdown as COVID-19 situation improves

France to further ease lockdown as COVID-19 situation improves

2020-05-29 04:48

France will further unwind anti-coronavirus lockdown from June 2, lifting 100-km travel restriction.

Canadas housing markets to feel pandemic impacts until 2022

Canada's housing markets to feel pandemic impacts until 2022

2020-05-29 04:32

Canada will see a historic recession, leading to a significant decline in housing construction and lower housing prices for at least two years.

U.S. investment projects in Germany down 12 pct in 2019: EY study

U.S. investment projects in Germany down 12 pct in 2019: EY study

2020-05-29 04:05

The number of international investment projects in Germany stagnated in 2019 "mainly due to the reluctance of U.S. companies.

Business confidence in Italy slip to new lows amid coronavirus outbreak

Business confidence in Italy slip to new lows amid coronavirus outbreak

2020-05-29 03:51

The composite index for business confidence for May sank to 51.1 points, the lowest level ever recorded in Italy.

U.S. jobless claims hit 2.1 mln last week amid COVID-19 fallout

U.S. jobless claims hit 2.1 mln last week amid COVID-19 fallout

2020-05-29 00:07

The number of initial jobless claims in the United States totaled 2.1 million last week as COVID-19 continues to sweep the nation.

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