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World 22 Oct 2020 | 6:36 AM

New outbreak of COVID-19 would not halt economic productivity: Mexican official

MEXICO CITY, Oct. 21 (Xinhua) -- In case of a new outbreak of the novel coronavirus (COVID-19) in Mexico, which is the main risk for the economy, productive activities would not completely cease again, Minister of Finance Arturo Herrera said on Wednesday.

World 22 Oct 2020 | 5:28 AM

U.S. stocks end lower with focus on COVID-19 stimulus

NEW YORK, Oct. 21 (Xinhua) -- U.S. stocks finished lower on Wednesday as Wall Street monitored developments on additional coronavirus stimulus.

World 22 Oct 2020 | 5:25 AM

Bolivia to see trade deficit for sixth year in a row

LA PAZ, Oct. 21 (Xinhua) -- Bolivia is expected to register a trade deficit in 2020 for the sixth consecutive year amid the novel coronavirus (COVID-19) pandemic and falling commodities prices, leading experts to recommend diversifying exports to reduce the gap in coming months.

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 | 1:15 AM

China pledges to build open, transparent capital market system: regulator

BEIJING, Oct. 21 (Xinhua) -- China will put in place an open and transparent capital market system, keep its hands off matters that are not subject to regulation, and foster a healthy market ecosystem, the head of the country's securities regulator said Wednesday.