Japan Plans to Lift Emergency and Injects Additional $929 Billion Economic Package

Japan government under the leadership of Prime Minister, Shinzo Abe has decided to lift a state of emergency across the country including Tokyo and other remaining states that were still … Read More

India Offers Credit Guarantees for Small Businesses, Workers, and Banks as Part of Economic Response  

Following the Indian Prime Minister (PM) Narendra Modi’s announcement of economic rescue package worth 20 trillion rupees, the government has revealed some sectors where it focused to allot shares of … Read More

US Witnessed a Record $738 Billion Budget Deficit in April Due to Rise in Government Spending

The United States (US) reported on Tuesday, May 12, 2020, that it has witnessed a record $738 billion budget deficit in April as there was a sharp rise in government … Read More

China’s Factory Prices Slumped Due to Weak Coronavirus-hit Demands  

China reported that the country had witnessed a sharp fall of its factory prices in April, which was a record low in four years that highlighted a growing slump of … Read More

BOJ Urges Government to Take Bolder Steps for Fighting Great Depression-like Pandemic Downturn

With the economy further receded into a situation like the Great Depression in the 1930s, some Japanese central bankers urged the government to take for even bolder steps than those … Read More

American Airlines Aims to get Advice on Relief Package from Millstein

In an exclusive report by Reuters, American Airlines Group Inc. (American Airlines) is aiming to hire one of Wall Street’s most successful bankers, Guggenheim Securities co-chairman, James Millstein for advice … Read More