Business

US layoffs surpass 38.6 mn as lawmakers debate stimulus

by Chris Stein Agence France Presse WASHINGTON, United States (AFP) -- Job losses in the United States are slowing but…

No annual growth target for virus-hit China, a first in years

PEKIN, China (AFP) -- China took the rare move of not setting an annual growth target this year after the…

Japan consumer prices log first drop in more than 3 years

TOKYO, Japan (AFP) -- Consumer prices in Japan fell for the first time in more than three years last month,…

Thailand’s economy contracts for first time since 2014

BANGKOK, Thailand (AFP) -- Thailand's economy shrank for the first time in six years because of the coronavirus pandemic, which…

Japan slides into recession — with forecasts of worse to come

by Kyoko HASEGAWA Agence France Presse TOKYO, Japan (AFP) -- Japan dived into its first recession since 2015, according to…

Japan slides into recession — with forecasts of worse to come

  by Kyoko HASEGAWA Agence France Presse   TOKYO, Japan (AFP) -- Japan dived into its first recession since 2015,…

Singapore Airlines reports nearly $150 million virus loss

  SINGAPORE (AFP) -- Singapore Airlines reported an annual loss of almost $150 million Thursday, driven by the collapse in…

US department store JCPenney files for bankruptcy

  NEW YORK, United States (AFP) -- US department store JCPenney, which has not turned a profit since 2011, on…

WTO chief to step down early as global economic crisis rages

  by Nina LARSON Agence France Presse GENEVA, Switzerland (AFP) -- The World Trade Organization chief announced Thursday he will…

Saudi Aramco Q1 profit dives, says virus to hit 2020 results

RIYADH, Saudi Arabia (AFP) -- Energy giant Saudi Aramco on Tuesday reported a 25 percent slump in first-quarter net profits…

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