economy

New US jobless claims at 2.12 million as layoffs pass 40 mn

WASHINGTON, United States (AFP) -- Another 2.12 million people filed for unemployment in the United States last week, pushing total…

Host Britain asks to delay climate summit to November 2021

LONDON, United Kingdom (AFP) — The UN environmental agency said Wednesday it has received a request from host nation Britain…

Singapore warns of worst economic contraction since independence

SINGAPORE, Singapore (AFP) -- Singapore's embattled economy could shrink by as much as seven percent this year, which would be…

US layoffs surpass 38.6 million as lawmakers debate stimulus

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

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,…

UK unemployment jumps on virus fallout

LONDON, United Kingdom (AFP) -- British unemployment jumped in the first quarter on the back of coronavirus, despite a lockdown…

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,…

US Democrats unveil $3 trillion virus relief package

WASHINGTON, United States (AFP) -- US Democrats on Tuesday unveiled a $3 trillion coronavirus response package, the largest yet, to…

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