Japan’s Sharp Corp, an Apple Inc supplier, reported a 37% decline in annual operating profit and refrained from releasing an earnings outlook for the current year because of uncertainty over the novel …
Pakistan’s top court orders businesses to reopen
Islamabad, Pakistan: Pakistan’s Supreme Court has declared that the coronavirus is “not a pandemic in Pakistan”, ordering the government to reopen businesses seven days a week and forcing a provincial …
Indonesia Surprises by Holding Key Rate Amid Volatile Market
Indonesia’s central bank unexpectedly left its key interest rate unchanged for a second month to bolster the currency in the face of a flagging economy and volatile financial markets.
Bank Indonesia Stands Pat to Safeguard Stability of Rupiah
Indonesia’s central bank has maintained its benchmark interest rate unchanged as it seeks to keep its currency stable.
Why Indonesia’s QE Is Terrifying
The central bank is loading up on bond purchases. But what works in developed markets doesn’t necessarily apply here.
Indonesia reports 486 new coronavirus infections, 30 deaths
Indonesia reported on Tuesday 486 new coronavirus infections, taking the total in the Southeast Asian country to 18,496, the country’s COVID-19 task force reported on its official website.
Super Cyclone Bears Down on India and Bangladesh
Hundreds of thousands have been evacuated as Cyclone Amphan approaches, one of the region’s most powerful storms in decades.
Trump’s use of malaria drug likely to be welcomed in India
President Donald Trump’s declaration that he was taking an antimalarial drug of dubious effectiveness to help fend off the coronavirus will likely be welcomed in India.
Amphan: India and Bangladesh evacuate millions ahead of super cyclone
India and Bangladesh are evacuating millions of people from coastal areas ahead of a super cyclone which is approaching from the Bay of Bengal. Cyclone Amphan is expected to make landfall in an area …
Global worries as infections spike in Russia, Brazil, India
New coronavirus cases have been spiking from India to South Africa to Mexico in a clear indication that the pandemic is far from over, while Russia and Brazil now sit behind only the United States in …