With tourism struggling and investors fleeing, Ankara is spending billions to fend off a fresh currency crisis …
Japan’s Economy Shrinks at Same Pace in Q1 as Capex Holds Up
Japan’s economy shrank at the same pace as previously estimated in the first quarter, according to a further revision of data that continued to show the country was in a recession before the pandemic …
Japan First Quarter GDP Unchanged at 2.2% Annualised Contraction After Second Revision
The additional revision for gross domestic product (GDP) compared with economists’ median forecast for a 2.8% contraction in a Reuters poll. On a quarter-on-quarter basis GDP shrank 0.6%, also …
Slower decline of Japan’s July factory activity raises recovery hopes – PMI
Japan’s factory activity contracted at the slowest pace in five months in July, in a sign that pressures on manufacturers were easing somewhat and raising hopes that the worst impact from the …
Japan GDP Falls at Same Pace, First Quarter Revision Shows
Japan’s economy shrank at the same pace as previously estimated in the first quarter, according to a further revision of data that continued to show the country was in a recession before the pandemic …
U.S., China must ‘step up’ to lead in the coronavirus crisis or emerging economies may sink, experts say
Both the U.S. and China have to “step up to the plate” and provide global leadership, during a time when the world’s poorest countries are in trouble because of the coronavirus pandemic, said a top …
Ad fraud rate in SEA drops, but finance remains vulnerable
Marketing Interactive is Asia’s leading source of advertising, marketing & media news. News coverage includes Singapore, Malaysia and Hong Kong, reaching out to all marketing & advertising related …
UOB launches training programme for its finance staff
United Overseas Bank (UOB) has launched a three-month programme for its finance employees to equip them with soft and technical skills to advance in their careers.. Read more at straitstimes.com.
Treasury sees Israel’s economy shrinking 7.2% in 2020
The Chief Economist at the Ministry of Finance sees Israel’s economy recovering more slowly than previously thought because of the Covid-19 crisis with the economy shrinking 7.2% in 2020, and the …
Finance Ministry: Economy may need five years to recover from crisis
One in which the country manages to dance with the virus and one in which there are extreme spikes in morbidity.