Private consumption dropped by 43.4%, with a 41.7% dip in imported goods and services reported on Sunday. The prime minister claims that Israel’s drop is “half of what it is in the EU.” …
Sri Lanka to strengthen banking, financial sectors: Minister Cabraal
Sri Lanka must strengthen its banking and financial sectors amidst the COVID-19 pandemic, a newly appointed State Minister of Finance and Capital Markets and Public Enterprise Reform Ajith Nivard …
Thai Savings Bank to Offer Loans With Motorcycles as Collateral
Government Savings Bank, Thailand’s biggest state-owned lender, will start accepting vehicles as collateral for the first time in its 107-year history, as more individuals seek small-ticket loans amid …
Japan’s economy suffers record 27.8% contraction in April-June
Japan’s economy shrank an annualised 27.8% in April-June to mark the sharpest contraction on record, government data showed on Monday, underscoring the pain the COVID-19 pandemic inflicted on the …
When is the Japan Preliminary Q2 GDP and how could it affect USD/JPY?
Japan’s Finance Ministry is up for releasing the preliminary reading of the second quarter (Q2) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Sunday, early Monday morning in Asia. Market …
Sony job listing in Japan possibly confirms PlayStation VR 2 in the works
A job listing posted by Sony in Japan confirms that the company is working on a next-generation VR headset, which may be the PlayStation VR 2. The Japanese listing, which was spotted by UploadVR, is …
Japan’s World-Beating Stocks Are Shrugging Off GDP Woe
Japan looks set to mark its third straight quarter of contraction — the latest likely to be its worst on record. But investors don’t mind — its stock market is beating the world.
Bangladesh economy to recover faster than others
Many of Bangladesh’s South Asian peers and other countries around the world are in negative growth or lower growth than projections …
QIB introduces new features to its mobile app
Qatar Islamic Bank (QIB) has introduced new features to its mobile app, in line with its ongoing efforts to provide customers with innovative digital options to fulfil all their banking needs, …
CBS report: Israel in a difficult, deep recession
A man carries his shopping bags and wears a face mask in a street in Ashkelon while Israel tightened a national stay-at-home policy following the spread of coronavirus disease (COVID-19) in Ashkelon, …