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World 22 Oct 2020 | 5:14 AM

Mexico facing slow employment recovery due to COVID-19: Inegi

MEXICO CITY, Oct. 21 (Xinhua) -- Mexico is seeing slow recovery in employment levels after the gradual reopening of businesses that were closed due to the novel coronavirus (COVID-19) pandemic, the National Institute of Statistics and Geography (Inegi) reported on Wednesday.

World 22 Oct 2020 | 5:13 AM

Spotlight: China's economic recovery offers encouraging precedent for world

NEW YORK, Oct. 21 (Xinhua) -- China's accelerating economic recovery from the COVID-19 pandemic could continue in the fourth quarter and provide encouraging insight into the post-COVID-19 economic picture, according to investment advisory experts.

World 22 Oct 2020 | 3:34 AM

Roundup: IMF revises down 2020 Asian economy forecast to 2.2-pct contraction

WASHINGTON, Oct. 21 (Xinhua) -- The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2 percent, calling it "the worst outcome for this region in living memory."

World 22 Oct 2020 | 1:21 AM

China to further improve macro-prudential policy framework: official

BEIJING, Oct. 21 (Xinhua) -- China will continue to improve the "twin pillar" regulatory framework that is in line with its own national conditions, a central bank official said Wednesday.

World 21 Oct 2020 | 6:09 PM

Analysis: Bolivia vote suggests pandemic may fuel populism in Latin America

LA PAZ/BUENOS AIRES (Reuters) - A landslide win by Bolivia's socialist party at weekend elections may herald a year of dramatic shifts in Latin American politics as the painful economic impact of the pandemic discredits incumbents and fuels demand for change.

World 21 Oct 2020 | 5:50 AM

Amazon to donate to over 1,000 charities worldwide

SAN FRANCISCO, Oct. 20 (Xinhua) -- Amazon on Tuesday announced that it will donate millions of items through product and monetary donations to more than 1,000 charities around the world.

World 20 Oct 2020 | 4:43 AM

IMF officials call for strengthening cooperation to improve cross-border payments

WASHINGTON, Oct. 19 (Xinhua) -- Senior officials at the International Monetary Fund (IMF) on Monday called for strengthening international cooperation to improve cross-border payments as many central banks are exploring the issuance of digital currencies.

World 20 Oct 2020 | 1:56 AM

China economic news boosts Italian stocks Monday, before coronavirus worries set in

ROME, Oct. 19 (Xinhua) -- The Italian Stock Exchange opened Monday's trading session stronger based in part on strong economic data of China, though worries about the spread of the coronavirus in many parts of Europe help chip away the gains late in the day.

World 20 Oct 2020 | 12:42 AM

News Analysis: Italy's new coronavirus curbs focus on balancing health, economy

ROME, Oct. 19 (Xinhua) -- The latest round of coronavirus restrictions in Italy were milder than expected, according to news outlets and commentators, but health experts said they focused on the areas where they'll be most effective.