Buyers from Singapore and Hong Kong are helping to prop up the ailing condo market in Thailand's resort destinations, although sales remain scarce. This once vibrant sector had been softening even ... ( read original story ...)
Analysis: Second COVID-19 wave tests Turkey’s commitment to austerity, higher rates
A surge in COVID-19 infections and the prospect of another economic downturn could sorely test Turkish President Tayyip Erdogan's reluctant acceptance of much higher interest rates and the need for ... ( read original story ...)
Investment inflows pave way for Turkey to rebuild FX coffers
Foreign investors have snapped up Turkish assets in recent weeks, opening the window for the country to rebuild its stores of foreign currency that were severely depleted in an ill-fated attempt to ... ( read original story ...)
Philippines: While Battling the Pandemic, Strengthening Disaster Risk Reduction and Management Needed to aid Recovery
MANILA, December 8, 2020 — The multiple shocks that hit the Philippines – the COVID-19 health crisis, economic activities across the country frozen by quarantine measures, devastating typhoons ... ( read original story ...)
Japan’s household spending rebounds from initial Covid hit
Household spending increased 1.9% in October from a year, falling short of a median market forecast for a 2.5% gain but marking the first rise in 13 months. ( read original story ...)
Japan announces new Covid-19 stimulus for economy
Japan's economy has started to rebound in the third quarter after a dismal second quarter. But revised data released Tuesday shows that the Japanese economy suffered its worst post-war contraction in ... ( read original story ...)
Japan Prime Minister Yoshihide Suga announces $708 billion in fresh stimulus
The plan includes funds to promote carbon neutrality, accelerate digital transformation and support restaurants hurt by shortened trading hours due to Covid-19. ( read original story ...)
South Korea and Japan called in the military to fight Covid. As winter looms, they aren’t taking any chances
South Korea and Japan may have coronavirus numbers that would be the envy of much of Europe and the United States, but they aren't taking any chances as winter brings with it a dangerous spike in ... ( read original story ...)
Japan to compile nearly $200 billion third extra budget: government source
Japan's government will compile a third extra budget for the current fiscal year worth around 20.1 trillion yen ($192 billion) as part of steps to fund a fresh economic stimulus package, a government ... ( read original story ...)
Japan’s PM announces $708 billion in fresh stimulus
Japan will compile a fresh 73.6 trillion yen ($708 billion) economic stimulus package to speed up the country's recovery from its deep coronavirus slump, Prime Minister Yoshihide Suga said on Tuesday. ( read original story ...)