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Posted on August 3, 2020

Japan’s Economy Shrinks at Same Pace in Q1 as Capex Holds Up

Japan’s economy shrank at the same pace as previously estimated in the first quarter, according to a further revision of data that continued to show the country was in a recession before the pandemic …

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Posted on August 3, 2020

Japan First Quarter GDP Unchanged at 2.2% Annualised Contraction After Second Revision

The additional revision for gross domestic product (GDP) compared with economists’ median forecast for a 2.8% contraction in a Reuters poll. On a quarter-on-quarter basis GDP shrank 0.6%, also …

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Posted on August 3, 2020

Slower decline of Japan’s July factory activity raises recovery hopes – PMI

Japan’s factory activity contracted at the slowest pace in five months in July, in a sign that pressures on manufacturers were easing somewhat and raising hopes that the worst impact from the …

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Posted on August 3, 2020

Japan GDP Falls at Same Pace, First Quarter Revision Shows

Japan’s economy shrank at the same pace as previously estimated in the first quarter, according to a further revision of data that continued to show the country was in a recession before the pandemic …

( read original story …)



Posted on August 3, 2020

U.S., China must ‘step up’ to lead in the coronavirus crisis or emerging economies may sink, experts say

Both the U.S. and China have to “step up to the plate” and provide global leadership, during a time when the world’s poorest countries are in trouble because of the coronavirus pandemic, said a top …

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Posted on August 3, 2020

Ad fraud rate in SEA drops, but finance remains vulnerable

Marketing Interactive is Asia’s leading source of advertising, marketing & media news. News coverage includes Singapore, Malaysia and Hong Kong, reaching out to all marketing & advertising related …

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Posted on August 3, 2020

UOB launches training programme for its finance staff

United Overseas Bank (UOB) has launched a three-month programme for its finance employees to equip them with soft and technical skills to advance in their careers.. Read more at straitstimes.com.

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Posted on August 3, 2020

Treasury sees Israel’s economy shrinking 7.2% in 2020

The Chief Economist at the Ministry of Finance sees Israel’s economy recovering more slowly than previously thought because of the Covid-19 crisis with the economy shrinking 7.2% in 2020, and the …

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Posted on August 3, 2020

Finance Ministry: Economy may need five years to recover from crisis

One in which the country manages to dance with the virus and one in which there are extreme spikes in morbidity.

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Posted on August 3, 2020

South Korea finalizes its plan to charge 20% tax on crypto gains

The government of South Korea has finalized its plan to charge a 20% tax on income generated from cryptocurrency transactions.The post South Korea finalizes its plan to charge 20% tax on crypto gains …

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