EU lets member nations suspend import duties on medical equipment, Gold continues to surge, Australia posts daily virus record and other pandemic-related news across the globe
It identified India and Indonesia as potential recipients of manufacturing shifts and growth in terms of global apparel export share
Overseas investors purchased $4.4 billion worth of regional equities last month, data from stock exchanges in India, Indonesia, the Philippines, South Korea, Taiwan, Thailand and Vietnam showed
India is now among the nations worst hit by the epidemic, with a 28 per cent increase in cases since last week according to Bloomberg's Coronavirus Tracker.
The PMI for South Korea, Asia's fourth-largest economy and a global manufacturing powerhouse, skidded to 41.6 in April, the lowest reading since January 2009
Japan's factory activity contracted at the fastest pace in about a decade in March, adding to views that the world's third-largest economy is likely already in recession
The funds will be available for all ADB developing member countries in updating and implementing their pandemic response plans
Recruiting has become less of a priority as firms including DBS Group Holdings Ltd. have highlighted the revenue impact of worsening business conditions.
Asia's biggest automobile show drew to a close on Wednesday, bringing curtains down on a six-day extravaganza. Though less than last year on overall number of participants, it was one of the biggest in terms of partaking by entrants. Beating the slowdown blues that have sapped buyer sentiment and hit sales for 18 months, a total of 608,526 people visited the show at the Great Noida Expo Mart from February 7 to 12, said the Society of Indian Automobile Manufacturers (Siam). With a peek into the future of mobility via 'green' technologies, more safety and other important elements, the exposition had 352 product displays from 108 exhibitors. This included eight global premiers and around 70 launches and unveilings. It also comprised introduction of 35 electric vehicles (EVs) and 15 concepts. Several manufacturers did gave the show a miss but those who participated believed in it as a platform to rekindle interest in a slowing market. Meet Sanket Gupta, a Bengaluru-based information ...
According to some estimates, the region's pool of wealth at $110 trillion exceeds those of North America and Europe and is growing faster
In 1980, Indonesia was the most prosperous. Today, China is streets ahead of the rest
ADB experts have urged Asian governments to double their existing spending on infrastructure
LDCs are those that suffer from severe structural impediments to achieve sustainable development
Sentiment at Asian companies edged up to its highest level in five quarters in July-September, boosted by a stabilising China economy and as concerns about Brexit recede
Output in China, barely improved from a month earlier while Japan was still recovering from April earthquakes
Raised questions about the underlying strength of the world's biggest economies.
Overnight bounce in US shares boosted risk appetite while gold briefly popped to a one-year high