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Business 12 Jan 2021 | 7:00 AM

Stability remains watchword for monetary policy in 2021

BEIJING: China’s monetary authorities will maintain consistent policies and ensure financial stability in 2021, leaving space for conventional measures to fuel robust economic growth, according to analysts.

Business 04 Jan 2021 | 7:00 AM

Concern about applying tariffs on Vietnamese exports

HANOI: In December 2020, the US Trade Representative (USTR) office organised a hearing to gather opinions from US businesses and organisations regarding suspicions that Vietnam’s increasing trade surplus with the US was caused by deliberate undervaluation of the Vietnamese dong.

Business 30 Dec 2020 | 7:00 AM

Russia to scale down state support for the economy

MOSCOW: Russia will scale down its state support of the economy in 2021, eyeing rising costs on servicing burgeoning state debt in the fallout of its response to the Covid-19 pandemic and the collapse of oil prices, Finance Minister Anton Siluanov said.

Business 25 Dec 2020 | 7:00 AM

Currency devaluation may not be enough to salvage sinking economy

BAGHDAD: Iraq’s currency devaluation will add inflation to the list of hardships facing a population recovering from a devastating war with Islamic State.

Business 10 Dec 2020 | 7:00 AM

China’s economy set to remain on steady keel

BEIJING: China will maintain the consistency, stability and sustainability of its macro policies and strive to keep its economic performance within a reasonable range, premier Li Keqiang said on Tuesday.