Thailand's financial system had become more vulnerable due to a weaker-than-expected economic outlook amid the coronavirus outbreak, minutes from the latest central bank policy meeting showed on ... ( read original story ...)
US Sanctions Worsening COVID-19 Situation in Iran: Health Minister
saying that the Health Ministry was obligated to stop opposing the reopening of businesses when the government is unable to provide financial support for a booth owner, a taxi driver, or a shopkeeper. ( read original story ...)
Turkey – Factors to Watch on July 9
ISTANBUL, July 9 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday ... who have died from COVID-19 in Turkey rose on Wednesday by 22 to 5,282 ... ( read original story ...)
Philippines to borrow more to cover coronavirus response
The Philippine government expects the country’s debt-to-GDP ratio to rise to 50% from 39% last year, its finance secretary said on Wednesday, as it increases borrowing to mitigate the economic impact ... ( read original story ...)
Bank Indonesia Agrees to Buy Government Debt to Fund Budget
Indonesia’s central bank agreed to buy billions of dollars of sovereign bonds directly from the government to help finance the fiscal response to the coronavirus pandemic.Bank Indonesia will purchase ... ( read original story ...)
India inflation likely slowed in June as output returns: Poll
India's consumer price inflation likely eased in June from March, a Reuters poll predicted, as loosened coronavirus-led restrictions in most of the country drove a slight recovery in economic activity ... ( read original story ...)
Virus-Ravaged States in India Clamor for More Funds From Modi
India’s soaring coronavirus numbers are threatening its economic recovery and sharpening differences between states and Prime Minister Narendra Modi’s federal government.This week India surpassed ... ( read original story ...)
Finance Ministry asks states to ensure safety of bankers, take stern action against unruly
The Finance Ministry has requested states to ensure safety and ... A few incidents, including attack on Bank of India staff in Maharashtra, were reported after the Surat attack. Citing recent news ... ( read original story ...)
GLOBAL MARKETS-China bull charge drives stocks and yuan higher
Surging Chinese stocks led Asia's equity markets higher on Thursday, as investors looked past Sino-U.S. tension and renewed coronavirus lockdowns and hoped stimulus washing through the world economy ... ( read original story ...)
Asian Stocks Push Higher Led by Gains in China: Markets Wrap
Asian stocks pushed higher Thursday as investors continued to place faith in policy support and shrugged off simmering tensions between Washington and Beijing. The dollar steadied. ( read original story ...)