The Philippine central bank maintained its benchmark interest rate steady as it expects the economy to continue to recover from the Covid-19 pandemic. The Bangko Sentral ng Pilipinas decided on Wednesday to keep its benchmark […]
China’s foreign-exchange hoard fell for the third straight month in March, according to official data released Wednesday. The People’s Bank of China said the nation’s foreign-exchange reserves dropped $34.96 billion to $3.170 trillion at the […]
India’s central bank left its lending rate unchanged, though it warned that the recent surge in Covid-19 cases in the country could weigh on the domestic growth outlook. The “monetary policy committee voted unanimously to […]
US President Trump issued a statement on Thursday morning promising to transfer power to President-elect Biden in an orderly manner on January 20. Before the announcement, after hours of debate and challenge, Congress completed the […]
On January 4, the Vietnamese government issued the “Resolution on Realizing the Main Tasks and Measures of the 2021 Social and Economic Development Plan and the State Budget.” The “Resolution” made it clear that it […]
According to European media, the EU and the United Kingdom reached a post-Brexit trade agreement on the 24th. After the two parties reached an agreement, the President of the European Commission von der Lein quoted […]
The WTO has notified its member states that the board meeting on the 16th to 17th will not include the election of the next director-general as an issue. It is a foregone conclusion to leave […]
Russia’s central bank cut its key interest rate to a new low Friday as the coronavirus pandemic pushed the country into a deep recession and forced President Vladimir Putin this week to delay a flagship […]
Germany’s top court has approved a giant bond-buying program launched five years ago by the European Central Bank, effectively sanctioning the powers the ECB has deployed to keep the eurozone together and its economy growing. […]
The French government forecasts a 8% contraction in gross domestic product in the country this year, downwardly revising its previous forecast of a 6% decline, the economy minister Bruno Le Maire said Tuesday in an […]
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