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Posted on June 18, 2020

Philippines eyes new taxes to fund economic stimulus amid coronavirus pandemic

Lawmakers are considering taxes on everything from online casinos to Facebook ads and Netflix subscriptions to help bankroll additional spending. ( read original story ...)

Posted on June 18, 2020

Stocks in the news: India Cements, NTPC, IGL, Muthoot Finance and Fortis Healthcare

IRB Infrastructure, MOIL, Thermax, Thomas Cook (India), and Whirlpool are slated to announce Q4 results today. ( read original story ...)

Posted on June 18, 2020

The Most Troubling China-India Conflict Is Economic

( Opinion) -- What’s worse than two populous, nuclear-armed countries killing each other’s soldiers? Two populous, nuclear-armed countries letting their longer-term relationship wither.Fighting along ... ( read original story ...)

Posted on June 18, 2020

Public Sector Banks disburse 18 thousand 306 crore rupees to MSME sector, says Finance Minister

Finance Minister Nirmala Sitharaman today said the Public Sector Banks have disbursed 18 thousand 306 crore rupees to the Micro, Small and Medium Enterprises, MSME sector. ( read original story ...)

Posted on June 18, 2020

Deadly clash in the Himalayas ups ante for China and India

India and China sought Wednesday to deescalate tensions after flexing their muscles in a clash along a disputed border high in the Himalayas that left 20 Indian soldiers dead. The skirmish Monday in ... ( read original story ...)

Posted on June 18, 2020

China-India Clashes May Spur Companies to Rework Supply Pacts

The first deadly face-off between Indian and Chinese troops in more than four decades adds another layer of uncertainty to companies already reeling from the coronavirus pandemic on both sides of the ... ( read original story ...)

Posted on June 18, 2020

China Pledges Credit Boom to Push Economy Out of Virus Slump

China’s central bank wants the flow of credit to the economy to increase to at least 30 trillion yuan ($4.2 trillion) this year, as part of efforts to push the economy out of the coronavirus-induced ... ( read original story ...)

Posted on June 18, 2020

China won’t adopt ‘flood-like’ stimulus nor negative rates – regulator

China's top banking regulator said on Thursday that the country will not adopt "flood-like" stimulus nor negative rates, warning that unprecedented easing by the Federal Reserve will dent U.S. ( read original story ...)

Posted on June 18, 2020

China Vice Premier Liu He says monetary policy should be more flexible

China's Vice Premier Liu He said China's prudent monetary policy should be more flexible, and it should strengthen counter-cyclical adjustments in economic management, in prepared remarks delivered on ... ( read original story ...)

Posted on June 18, 2020

Valdosta, Georgia surge alarming, businesses shutting down again

Valdosta, Georgia, which is on the Florida border, is seeing coronavirus cases increase at an alarming rate. CNBC's Andrea Day reports that many businesses there are shutting down for the second time. ( read original story ...)

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