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Economy
Germany enters a recession after registering a fall of 9.7%
Germany enters a recession after registering a fall of 9.7%
Even though the drop is less than the expected decrease of 10.1%, Germany's economy contracted by 2% in…
The Pandemic Might Leave Indonesian Students Globally Behind
69 million students in Indonesia who are already getting substandard education will likely be left behind by their global peers as schools remain closed to combat…
Amid the economic crisis, Dubai allows alcohol sales
Amid the economic crisis, Dubai allows alcohol sales
Dubai relaxes the laws that penalize the purchase and consumption of alcohol. The country's economy has been…
Economists Offer Bleak View of Trump’s First Term
On Monday, the Republican National Convention will kick off, giving party leaders a chance to President Trump's victories in his first term. Several economists took…
European Markets Likely To Start the Week on a Positive Note
Stock markets in Europe are set to register higher gains this week, despite the whole region being in a technical recession
Drug trafficking violence rebounds in Colombia
Drug trafficking violence rebounds in Colombia
Colombia returned to terror regarding the massacres in its countryside. In the past 11 days, 33 people have been…
Digital Banks in Asia Having a Hard Time Trying to Thrive
Digital banking opportunities in Asia may have been lost in the coronavirus pandemic, making it harder for aspiring entrants. Click here to read more! – Finance…
Three G-20 Nations Face Toughest Recovery, New Study Finds
Brazil, India, and South Africa are facing the toughest road to recovery among Group 20 (G-20) major economies, a new study reveals. Verisk Maplecroft's Recovery…
US, European Firms To Incur $1 Trillion in Relocating Costs
US and European firms planning to shift from manufacturing in China have accelerated their decisions amidst coronavirus pandemic and will incur a total of $1…
China Probes into Some Wine Imports from Australia
The Ministry of Commerce in China launched an anti-dumping investigation into some imported wines from Australia. This Chinese announcement comes amid growing…
Asian Ports Tighten Seafarers Testing and Crew Changes
Hong Kong and Singapore are among Asian several Asian countries that have taken special measures in their seaports to prevent resurgence of coronavirus cases from…
China Has Fallen Short on Purchases, the U.S. Still Happy
China has fallen short on its promised purchases in the phase one trade deal signed last January but The U.S. it still happy about it. Click here now! – Finance…
China Falls Short of “Phase One” Deal with US
The US and China to review the progress of their "phase one" trade deal mod this month - almost a year after they signed. The trade deal paused the damaging…
UK Economy Plunges Into Worst Recession As GDP Plunges 20.4%
The UK’s GDP contracted by 20.4% in Q2, making it the worst hit member of the G7.
Singapore’s Economic Contraction Worse than Expected
Singapore reported that its economy contracted more than initial estimates and narrowed its economic forecast for the full year of 2020. Singapore's economy…
Political Uncertainty to Slow down Southeast Asia’s Recovery
In Southeast Asia, several countries will undergo slow economic recovery even with effective coronavirus mitigation measures, due to their domestic political…
China With No Intention of Becoming Another United States
China said that it has no intention of becoming another United States, calling out the U.S. for trying to start a new Cold War. Click here now! – Finance Brokerage
Southeast Asian Economies Struggle Amid Contained Virus
Some Southeast Asian economies have successfully contained the coronavirus pandemic. However, global uncertainties will hinder their economic recovery. Some…
Net Profit in Singapore’s Main Banks to Fall By 19-33% in Q2
All three top banks in Singapore will record sharp decrease of up to 19-33% in Net interest margins due to reduced interests and coronavirus circuit breaker…
The Economy Faces A Bumpy Ride During Its Healing Phase
The economy had entered the third stage of the coronavirus pandemic also called the healing phase following the lockdown and transition phases when businesses shut…