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Philippines, AIIB ink $750 mln loan pact on co-financing for COVID-19

Philippines, AIIB ink $750 mln loan pact on co-financing for COVID-19

2020-06-09 13:22

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

DPRK to cut off inter-Korean communication lines: state media

2020-06-09 09:57

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

World Bank projects global economy to shrink by 5.2 pct in 2020

2020-06-09 05:36

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.

Italys GDP forecast to drop 8.3 pct in 2020

Italy's GDP forecast to drop 8.3 pct in 2020

2020-06-09 03:27

Italy's COVID-19 pandemic trend kept improving on Monday, with active infections dropping under 35,000.

New York City begins reopening 100 days after its 1st COVID-19 case

New York City begins reopening 100 days after its 1st COVID-19 case

2020-06-09 03:27

After nearly three months of lockdown, New York City entered the first phase of reopening on Monday.

U.S. economy enters recession in February

U.S. economy enters recession in February

2020-06-09 03:18

The U.S. economy officially entered a recession in February, ending the longest expansion in U.S. history.

Globally COVID-19 situation is worsening: WHO chief

Globally COVID-19 situation is worsening: WHO chief

2020-06-09 00:34

The WHO : although the situation of the COVID-19 outbreak in Europe is improving, globally it is worsening.

Chinese construction company contributes to Kuwaiti housing welfare

Chinese construction company contributes to Kuwaiti housing welfare

2020-06-08 13:22

Tightening prevention measures and ensuring production have become the top priority of CGGC on the project site.

Japans economic contraction revised up to annualized 2.2 pct in Jan-March

Japan's economic contraction revised up to annualized 2.2 pct in Jan-March

2020-06-08 10:44

Japan's economy shrank an annualized real 2.2 percent in the January-March period from the previous quarter.

U.S. COVID-19 deaths top 110,000 -- Johns Hopkins University

U.S. COVID-19 deaths top 110,000 -- Johns Hopkins University

2020-06-08 02:12

The number of COVID-19 deaths in the United States topped 110,000 on Sunday, reaching 110,028 as of 1:33 p.m. (1733 GMT).

Singaporeans have to prepare for very different future: PM

Singaporeans have to prepare for very different future: PM

2020-06-07 22:32

Singaporean Prime Minister Lee Hsien Loong on Sunday called on Singaporeans to prepare for a very different future.

Portugals GDP projected to drop 6.9 pct in 2020 due to pandemic

Portugal's GDP projected to drop 6.9 pct in 2020 due to pandemic

2020-06-07 20:16

The Portuguese government estimated a 6.9-percent drop in GDP this year due to the economic crisis caused by the COVID-19 pandemic.

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