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PETALING JAYA: As China’s central bank advances to the next stage of testing its sovereign digital currency, observers say its successful development and implementation could wean the country of its dependence on the US dollar settlement system.
PETALING JAYA: As China's central bank advances to the next stage of testing its sovereign digital currency, observers say its successful development and implementation could wean the country of its dependence on the US dollar settlement system.
NEW YORK: When the timeline of the pandemic of 2020 is complete, March 24 will stand out as a day to remember for everyone from sports fans to anthropologists to cola drinkers
BEIJING: China’s central bank is conducting tests of a digital yuan payment system in four cities across the country, it told Reuters.
TOKYO (Reuters) - Japan will sell a record amount of extra bonds this fiscal year, worth more than US$165 billion, straining the industrial world's heaviest debt burden, as Tokyo compiles a record stimulus to combat the coronavirus.
SEOUL: When Samsung Electronics Co brass addressed analysts during its last earnings call, much of the talk revolved around finally turning the corner after years in the doldrums. That was in January, before Covid-19 threw the global economy into a tailspin.
TOKYO: Economists are slashing forecasts for the Japanese economy as exports are hit from overseas lockdowns and rising domestic virus cases force the Tokyo governor to request residents to stay home.
GENEVA/NEW DELHI: The United States could become the global epicentre of the coronavirus pandemic, the World Health Organization said on Tuesday, as India announced a full 24-hour, nationwide lockdown in the world's second-most populous country.
One of the biggest repercussions from the Covid-19 outbreak in Australia ought to be the end of its island mentality.