A slump in global activity hurt India's export growth while deeper contraction at home depressed core imports, translating into easing current account pressures. ( read original story ...)
India’s tech hub, other towns back in lockdown amid COVID-19 surge
India's high-tech hub of Bengaluru will go back into a coronavirus lockdown for a week on Tuesday after a surge of infections, threatening to derail government efforts to revive a stuttering economy. ( read original story ...)
Huawei: China state media calls for ‘painful retaliation’ over UK ban
Chinese state media has foreshadowed “public and painful” retaliation against the UK over its ban of Huawei from the country’s 5G networks. Following Britain’s announcement that Huawei would be ... ( read original story ...)
Trump ends Hong Kong trade preferences, backs banking sanctions
US President Donald Trump said Tuesday he was ending trade preferences for Hong Kong and signed into law an act that authorizes sanctions on banks over China's clampdown in the international finance ... ( read original story ...)
UAE explores cooperation and investment opportunities with Jersey
LONDON, 14th July, 2020 (WAM) -- The UAE Embassy in London, in cooperation with the Ministry of Economy, has discussed cooperation and investment opportunities with the Government of Jersey via ... ( read original story ...)
Jordan- PM chairs meeting of Audit Bureau task force
Prime Minister Omar Razzaz chaired part of a meeting of the team tasked with addressing public sector financial and administrative violations listed in Audit Bureau reports, a day after meeting senior ... ( read original story ...)
Kazakhstan extends second national lockdown after ‘unknown pneumonia,’ COVID-19 spike
The country of Kazakhstan will extend its second national lockdown due to a rise of COVID-19 cases and a reported outbreak of an “unknown pneumonia,” Reuters reports. © Assoc ... ( read original story ...)
PMU pitches in as COVID cases surge in Iraq
Iraq’s Popular Mobilization Units, including those of populist cleric Muqtada Al-Sadr, have plugged gaps in Iraq’s response to the COVID-19 pandemic as cases surge and well-known fighters fall ill. ( read original story ...)
South Korea June Unemployment Rate Inches Down but Virus Risks Persist
The seasonally adjusted unemployment rate slid to 4.3% in June, notches below a decade-high of 4.5% in May when it surged to the highest since January 2010, data from Statistics Korea showed on ... ( read original story ...)
Korea’s Unemployment Rate Unexpectedly Falls Amid Stimulus
South Korea’s jobless rate unexpectedly fell in June, but remained well above levels seen before the pandemic struck, amid government efforts to stimulate the sagging labor market.The unemployment ... ( read original story ...)