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U.S. Fed likely to offer more guidance on rates next week

U.S. Fed likely to offer more guidance on rates next week

2020-06-04 06:12

The U.S. Fed is likely to provide more guidance at its policy meeting next week to signal intentions to keep interest rates near zero for a few years.

Xi says China ready to work with Germany,EU to create more global certainty

Xi says China ready to work with Germany,EU to create more global certainty

2020-06-04 04:55

to strengthen strategic cooperation, uphold multilateralism, tackle global challenges, and jointly add certainty to the current world of uncertainty.

White House not to release economic projections this summer:Washington Post

White House not to release economic projections this summer:Washington Post

2020-06-03 13:37

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

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.

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