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ADB warns global cost of virus could top $4 trillion

The Asian Development Bank says this may even be an underestimate, since the severity of the coronavirus pandemic remains uncertain

The Asian Development Bank says this may even be an underestimate, since the severity of ...

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ADB warns global cost of virus could top $4 trillion

The stable outlook comes from the view that the 'unprecedented' US stimulus package will ...

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S&P confirms U.S. AA+ rating with stable outlook

India will be the largest beneficiary of the first wave of programs with a facility for ...

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World Bank to roll out $160-billion emergency aid over 15 months

'We have the responsibility of avoiding a drama in developing nations, especially in ...

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France urges debt freeze for poor countries hit by pandemic

Even analysts who had expected grim figures are stunned

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Coronavirus drives 6.65 million to file for U.S. jobless benefits

Fitch Ratings says it does not see US and EU gross domestic product returning to ...

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U.S., eurozone output to crash in Q2 2020 – Fitch

A total of 302,265 jobless claims are filed in Spain in March 2020, 'a historic figure' ...

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Spain posts record rise in jobless claims in March 2020

Denmark's gross domestic product is seen to shrink between 3% and 10% in 2020, while ...

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Denmark, Sweden economies expected to contract sharply

A negative reading means more companies in Japan are pessimistic than optimistic

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Japan business sentiment negative for first time since 2013 – survey

The International Monetary Fund maintains its lending capacity of $1 trillion

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IMF secures loans from members to bolster lending