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U.S. economy to decline by 7 pct in Q2: Congressional Budget Office
The U.S. Congressional Budget Office (CBO) estimates that second-quarter GDP will decline by more than 7 percent in the second quarter.
S.Korea's foreign reserves fall to 400.21 bln USD in March
South Korea's foreign reserves fell last month as the foreign exchange authorities floated the U.S. dollar funds in the currency market.
Philippine shares close 0.09 pct higher
Philippine shares closed 0.09 percent higher on Friday.The benchmark Philippine Stock Exchange index increased by 4.66 points to 5,346.97.
S.Korea's online shopping posts double-digit growth in February
S.Korea's online shopping posted a double-digit growth in February as consumers refrained from outside activities on fears of the COVID-19 outbreak.
India's growth to slow to 4 pct in 2020, recover to 6.2 pct in 2021
India's gross domestic product (GDP) is projected to slow to 4.0 percent in fiscal year (FY) 2020 ending on March 31, 2021.
World Bank approves 35-mln-USD loan to fight COVID-19 outbreak in Argentina
The World Bank on Thursday approved a loan worth 35 million U.S. dollars to help Argentina contain the novel coronavirus epidemic.
Tokyo stocks open higher on oil price rise, softer yen
Tokyo stocks opened higher Friday .
Seoul shares open higher
Seoul shares opened higher Friday.
Aussie shares lift as oil stocks surge
The Australian share market jumped on Friday.
Aussie dollar sinks against mixed U.S. currency
The Australian dollar edged lower against a mixed greenback on Friday, plunging towards 60 U.S. cents before partially recovering.
European economy devastated by pandemic as COVID-19 cases well pass 500,000
The COVID-19 pandemic, which is sweeping the world, has left in its wake some 900,000 infected and over 45,000 dead by Thursday.
U.S. weekly jobless claims set second straight record
The number of initial jobless claims in the United States soared to reach 6.65 million last week.
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
