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Cambodia: Trade with EAEU surges 18% in 2020
PHNOM PENH, Feb 14 (Phnom Penh Post/ANN): Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s US$56.98 million, according to data from the Ministry of Commerce.
Analysis: Draghi takes the reins as Italian PM, now comes the hard part
ROME (Reuters) - Italians' hopes in Mario Draghi could hardly be higher. But the former European Central Bank chief, who was sworn in as the country's new prime minister on Saturday, will have a tough time fulfilling them.
Thailand foreign investment pledges slump 54% in 2020, outlook hazy
BANGKOK, Feb 13 (Reuters): Foreign investment applications in Thailand dropped 54% to 213 billion baht (US$7.12 billion) in 2020 as companies were deterred by the coronavirus pandemic, while this year's outlook remains uncertain, an investment agency has announced this week.
Ringgit expected to trade higher versus greenback next week
KUALA LUMPUR, Feb 13 (Bernama): The ringgit is expected to trade higher against the US dollar next week, amid the continued weakness of the greenback on the back of various developments in the market which is affecting the currency.
US tells G7 that it is back at the table to help with global recovery
WASHINGTON/LONDON: U.S. President Joe Biden's administration told allies on Friday it was re-engaging with them to help steer the global economy out of its worst slump since the Great Depression, a contrast with the go-it-alone approach of Donald Trump.
Russia, holding key rate at 4.25%, takes more cuts off the table
MOSCOW: Russia's central bank held its key interest rate at a record low of 4.25% on Friday and said it will not cut rates further, planning instead to start gradually raising them at some point in the future when inflation stabilises near its target.
GLOBAL MARKETS-Stocks mostly rise as tech shares gain
NEW YORK: MSCI's gauge of stocks across the globe rose for a ninth session and U.S. stocks ended mostly higher on Thursday, supported by technology shares, while oil prices slipped.
Thai fiscal and monetary policies must work in step
BANGKOK: Thailand’s fiscal and monetary policies must work in step as the government tries to revive the tourism-reliant economy after a recent wave of coronavirus infections, the finance minister said yesterday.
Resurgent housing boom lifts banks from doldrums
SYDNEY: Australia’s housing market is pulling the A$2 trillion (US$1.6 trillion) economy out of its first recession in three decades with prices hitting record highs, home loans surging and building approvals at 19-year peaks
