Economy

Global stocks mixed as Fed vows to keep interest rates low

By John Biers

The economic outlook remains exceptionally uncertain, with the Covid-19 pandemic continuing to exert a substantial toll...

Fed seeks to offer reassurance amid push for new US stimulus

The two-day event concludes amid a renewed push by a top lawmaker in Washington to agree on an additional spending bill...

By Chris Stein

Virus restrictions threaten Asia economic recovery in 2021: ADB

As regional economies contract this year the number of poor people will likely rise by at least 78 million.

By AFP News

Australian economy suffered due to Melbourne lockdown

Australia enters recession after three decades of growth

A recession is defined as two consecutive quarters of contraction. Australia's economy shrank 0.3 percent in the...

By AFP News

Chinese restaurant chain apologises for asking customers to weigh in before ordering food

Chinese restaurant gets swift backlash from netizens accusing them of fat shaming on their zero food waste campaign.

By Nina Siena

Japan economy shrinks record 7.8 percent in April-June

It is the worst economic contraction for Japan since comparable data in 1980, eclipsing the brutal impact of the 2008...

By Hiroshi Hiyama

New York City's growing homeless encampment is killing struggling local businesses

Homeless people living in New York's sidewalks say apartment owners overlooking the encampment are throwing hot water...

By Nina Siena

GDP stats to reveal depths of virus-fuelled UK recession

The UK economy contracted by 2.2 percent in the first quarter.

By Jean-Baptiste Oubrier

Obesity battle: Mexico approves ban on sale of junk food, sugary drinks to children

Mexico deputy health minister calls sugary drinks "bottled poison" and urges people to stop buying them.

By Nina Siena

Yemen ill equipped to deal with coronavirus

Pandemic's economic fallout will worsen conflicts: UN diplomats

UN Secretary General Antonio Guterres's plea for a global ceasefire back in March has gone largely unheeded.

By Peter Hutchison

Crushed by COVID, small Spanish firms struggle to survive

So far, 40,000 bars, restaurants and hotels have permanently closed.

By Emmanuelle Michel

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US consumers are paying for Trump's China tariffs, White House adviser Kudlow confirms

BLOGS AND FEATURES

Giannis Antetokounmpo wins 2019-20 Kia MVP and Defensive Player of the Year awards

9 hours ago

By Christine Caparras

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Economy

Global stocks mixed as Fed vows to keep interest rates low

Fed seeks to offer reassurance amid push for new US stimulus

Virus restrictions threaten Asia economic recovery in 2021: ADB

Australia enters recession after three decades of growth

Chinese restaurant chain apologises for asking customers to weigh in before ordering food

Japan economy shrinks record 7.8 percent in April-June

New York City's growing homeless encampment is killing struggling local businesses

GDP stats to reveal depths of virus-fuelled UK recession

Obesity battle: Mexico approves ban on sale of junk food, sugary drinks to children

Pandemic's economic fallout will worsen conflicts: UN diplomats

Crushed by COVID, small Spanish firms struggle to survive

Virus wreaks economic havoc as global cases top 17 million

Markets mixed ahead of Fed decision as US lawmakers haggle

Asia markets hit as US jobless claims jump, stimulus talks stall

S. Korea reports worst economic performance in more than 20 years

EU agrees landmark €750 bn virus 'Marshall Plan'

Australia extends stimulus spending as 'COVID recession' looms

Markets advance on hopes for vaccine, focus on EU summit

Angry EU leaders battle to save deadlocked virus recovery summit

Giannis Antetokounmpo wins 2019-20 Kia MVP and Defensive Player of the Year awards

Giannis Antetokounmpo wins 2019-20 Kia MVP and Defensive Player of the Year awards

Celtics star Marcus Smart blows up on his teammates after Miami Heat defeat

Celtics star Marcus Smart blows up on his teammates after Miami Heat defeat

NBA Western Conference Finals: LA Lakers crush Denver Nuggets in Game 1

NBA Western Conference Finals: LA Lakers crush Denver Nuggets in Game 1