The economic impact of the coronavirus pandemic will impact the Australian economy and the hit will likely be the worst among the countries in the Asian region, warned the International Monetary Fund (IMF).     A dire picture for growth and unemployment in 2020 was painted by the...

Exports for the month of March for the Chinese economy dropped less than was being expected by the market even as the country noted a surprise increase in imports amidst the novel coronavirus pandemic wrecking havoc through the world and has impacted global demand as well as the ability of China to...

Plans to reopen the almost stalled economy of the United States because of the spread of the novel coronavirus pandemic was close to be completed, said the US President Donald Trump said on Monday.   The number of people dying of the virus pandemic in the country was starting signs of...

The number of many plants to be closed will depend on duration of the quarantine and the subsequent level of demand. Private refineries such as Reliance Industries and Nayara Energy are also not in a better position, as state-owned fuel retailers drastically reduced their fuel purchases and made...

Support for the coronavirus ravaged economy of China is being supported by the bank lending in the country with a total lending of 2.85 trillion yuan ($405 billion) in March while the total social financing also touching a record high with the central bank of the country injecting more liquidity...

The consumer prices in the United States dropped significantly in March, the largest drop in the give years, because of coast-to-coast shutdowns of businesses and the stay-at-home orders issued by state governments in order to curtail the spread of the novel coronavirus pandemic   According...

The U.S. farmers are eager to see how the government disburses the fund assigned for agriculture sector in “coronavirus relief bill”. The American President, Donald Trump informed that the agriculture secretary has been instructed to accelerate support towards farmers especially the small farm...

The finance minister of European Union countries finally agreed on a common emergency plan to support economies of the member countries from the economic impact of the coronavirus pandemic.    The total emergency package agreed upon by the EU is worth €500 billion.   "This...

The spread of the novel coronavirus across the United States has suppressed demand for some goods and services which has resulted in the a drop in consumer prices by the largest level in five years in the month of March. The depressed demand had also offset the price increases for some products due...