Tag: Asian

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ECONOMY: More than a shock, the Covid 19 will be an earthquake never seen for the 60s for Asian countries

We reproduce here a point of view of Chang Yong Rhee, economist at the IMF We are undergoing an unrivaled crisis. It is worse than the global financial crisis and Asia is not spared.  While the growth prospects for 2020 and even more for  2021 are extremely uncertain, the shock caused by the coronavirus to ….  Read More

Coronavirus update: IMF warns Asian growth to slow in 2020, Trump announces reopening of US and Australian restrictions by four weeks

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Coronavirus update: IMF warns Asian growth to slow in 2020, Trump announces reopening of US and Australian restrictions by four weeks

Updated April 16, 2020 18:38:03 Photo: The British opposition leader says there will be “research questions” about the response to the pandemic. (.: Hannah McKay) The International Monetary Fund has said that the coronavirus crisis will slow economic growth in Asia, Donald Trump has announced that he will announce plans to reopen the US economy ….  Read More

Asian stocks plummet as IMF warns of stunted growth of coronaviruses

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Asian stocks plummet as IMF warns of stunted growth of coronaviruses

Stocks in the Asia-Pacific region plummeted after the IMF warned that growth in the region would be stalled for the first time in six decades as a result of the coronavirus, in the latest worrying sign of devastation to the economy worldwide by the pandemic. The gloom in the Asian markets on Thursday came after ….  Read More

Japan Seeks Other Asian TPP Partners to Reduce Dependence on China

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Japan Seeks Other Asian TPP Partners to Reduce Dependence on China

Japan will again try to expand the TPP trade pact to include more Asian economies, such as Thailand, Taiwan, Indonesia and the Philippines, after the new coronavirus has exposed the risks of supply chains too dependent on China. The first will be Thailand, a key production center for many Japanese automakers. The country is expected ….  Read More

The virus is spreading in Italy, the Asian stock exchanges stumble

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The virus is spreading in Italy, the Asian stock exchanges stumble

The coronavirus epidemic continues to spread rapidly across the planet, causing paralysis in part of Italy. Asian stock markets, especially Tokyo, suffered another collapse on Monday. If China seems to come out of the rut with only 22 deaths in 24 hours – bringing the total to 3119 dead since December – and a daily ….  Read More

The virus is spreading in Italy, the Asian stock exchanges stumble

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The virus is spreading in Italy, the Asian stock exchanges stumble

The coronavirus epidemic continues to spread rapidly across the planet, causing paralysis in part of Italy. Asian stock markets, especially Tokyo, suffered another collapse on Monday. If China seems to come out of the rut with only 22 deaths in 24 hours – bringing the total to 3119 dead since December – and a daily ….  Read More