Stimulus boost: India gives more help to firms hit by coronavirus
Latest measure brings India's total coronavirus relief package to 15 percent of GDP.
Category Archives: Economy
Saudi Red Sea project plans 16 hotels by 2023 to boost tourism
Owned by a Saudi sovereign fund and backed by Crown Prince MBS, the project entails developing resorts on 50 islands.
Indian central bank data point to first ever recession
The Reserve Bank of India's figures suggest the economy shrank 8.6 percent in the July-September quarter.
Coronavirus research gets $500m in pledges at Paris forum
European countries, Gates Foundation promise to step up help to develop and distribute COVID therapies.
Buy now! COVID-19 sparks Southeast Asian e-commerce boom
Many consumers in region used mobile shopping for first time this year but lockdowns hammered spending on trips: Survey.
Booster shot: Asian shares extend rally on vaccine hopes
Pfizer's announcement of progress with its COVID-19 vaccine sent US stocks surging.
Malaysia budget: Government plans to maintain fiscal stimulus
Malaysia's government is trying to bring down a sharp rise in coronavirus cases while grappling with a political crisis.
Oil prices fall sharply as COVID-19 cases surge, US vote drags on
Record high daily virus cases in US and Italy dampen economic rebound hopes, keeping consumer demand for energy low.
Liked: India gives Facebook’s WhatsApp payment service a permit
Facebook is making a big push into India's huge market, after also agreeing to buy a stake in Jio Platforms in April.
Here’s another reason why fixing climate change is getting harder
A shortage of glass is making solar panels more expensive and delaying production, hurting China's top manufacturers.
Indonesia slumps into first recession since 1998 Asian crisis
Indonesia's economy shrank by 3.5 percent in the third quarter as the coronavirus surged through the country.
Investors cheer prospect of gridlocked US government
Asian shares near three-and-a-half year high as investors bet on less US regulation, lowered chance of tax hikes.
Saudi Arabia to remove key restrictions on foreign workers
Reforms will allow foreign workers the right to change jobs by transferring their sponsorship to new employers.
Ant Group IPO cancellation leaves Hong Kong stocks fluctuating
China's decision to halt world's biggest public share sale raises concerns over government oversight of private sector.
Shares turn skittish as early results show tight US election
US stock index futures hover around unchanged mark as early US presidential election results point to close race.
Slumping oil demand, prices drive Saudi Aramco profit 44.6% lower
Saudi state oil giant says it will maintain its dividend payment of $18.75bn, most of which goes to the government.
Is Big Tech the real winner of the US presidential election?
Facebook and Google have drawn record amounts of revenue and criticism in the run-up to the US election.
Stocks get factory data boost, but US election uncertainty looms
Asian markets, US stock futures rise on data showing factory activity growth but investors brace for contested election.
Ahead of giant IPO, China’s Ant faces key question: What is it?
Chinese regulators met executives including billionaire Jack Ma, reportedly said it would be treated as financial firm.
European stocks slump as tougher virus control measures loom
France and Germany are reportedly considering strict new measures to bring a spike in new COVID-19 cases under control.