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Round: S.Korea freezes interest rate at record low of 0.50 pct

Round: S.Korea freezes interest rate at record low of 0.50 pct

2020-07-16 14:31

South Korea's central bank froze its benchmark interest rate at a record low to see the effect of the previous rate cuts earlier this year.

Trump replaces campaign manager

Trump replaces campaign manager

2020-07-16 14:26

U.S. President Donald Trump announced Wednesday that he has replaced his campaign manager Brad Parscale with Bill Stepien.

Latin American economy to shrink 9.1 pct in 2020, says UN agency

Latin American economy to shrink 9.1 pct in 2020, says UN agency

2020-07-16 12:29

Latin America's economy will shrink by 9.1 percent in 2020 due to the COVID-19 pandemic.

China-Laos railway completes cross-Mekong River bridges beam installation

China-Laos railway completes cross-Mekong River bridges' beam installation

2020-07-16 11:24

All its beams of the two cross-Mekong River bridges have been installed.

ADB approves 200 mln USD loan to boost private sector in Fiji

ADB approves 200 mln USD loan to boost private sector in Fiji

2020-07-16 10:37

The Asian Development Bank (ADB) has approved a 200 million U.S. dollars policy-based loan to boost investment in Fiji's private sector.

Path of U.S. economy largely depends on COVID-19: Fed official

Path of U.S. economy largely depends on COVID-19: Fed official

2020-07-16 03:22

The path of the U.S. economy largely depends on developments involving COVID-19 as the country has failed to control the pandemic.

Pompeo threatens sanctions against companies over Nord Stream 2

Pompeo threatens sanctions against companies over Nord Stream 2

2020-07-16 02:09

U.S. Secretary of State Mike Pompeo on Wednesday sent fresh warnings to companies involved in the Nord Stream 2 gas pipeline.

U.S. Oklahoma governor tests positive for coronavirus

U.S. Oklahoma governor tests positive for coronavirus

2020-07-16 00:54

He tested positive for novel coronavirus, becoming the first governor to publicly confirm infection since the pandemic spread in the country.

BOJ says economy likely to contract 4.7 pct in FY 2020, stays pat on policy

BOJ says economy likely to contract 4.7 pct in FY 2020, stays pat on policy

2020-07-15 21:03

The Bank of Japan (BOJ) on Wednesday forecast the economy here to contract 4.7 percent in fiscal 2020 through March 2021.

U.S. Fed official warns of deep uncertainty amid resurgence in COVID-19

U.S. Fed official warns of deep uncertainty amid resurgence in COVID-19

2020-07-15 12:12

Amid a recent resurgence in COVID-19 cases, a U.S. Federal Reserve official on Tuesday warned of "a thick fog of uncertainty,".

Germany willing to compromise on EU recovery fund: Merkel

Germany willing to compromise on EU recovery fund: Merkel

2020-07-15 03:30

Merkel ：Germany is willing to compromise on the European recovery fund at the upcoming summit of the European Union (EU) leaders.

Frances Macron lays out ＂new path＂ to meet health, economic challenges

France's Macron lays out ＂new path＂ to meet health, economic challenges

2020-07-15 02:39

President Emmanuel Macron promised that France is ready for a second epidemic wave and his team will follow a "new path" based on social dialogue.

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