The market has seen high volatilities from COVID-19 and financial and credit institutions are cautious in lending and investment, focusing on risk management. ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)