Economy
Tokyo/Xinhua: Japan's economy in the April-June period shrank an annualized real 28.1 percent from the previous quarter, downwardly revised from the 27.8 percent contraction initially reported, the government said in a report on Tuesday. more
UNICEF to lead global procurement, supply of COVID vaccines

New York: UN Children’s Fund (UNICEF) will be leading procurement and supply of COVID-19 vaccinations to ensure that all countries have safe, fast and equitable access to initial do ...

Companies shifting base from China to get push from Japan

Tokyo/UNI: Japan's Ministry of Economy, Trade and Industry (METI) has included India and Bangladesh in the list of relocation sites for companies that move their manufacturing sites f ...

Food scarcity, tanking bank profits and Covid-19: Jinping-led China's superpower ambition is pipedream

Beijing might have an eye on becoming a global superpower, but presently, it is struggling to feed its people.

COVID-19-hit China now faces a food crisis after massive floods

Beijing: Already hammered by COVID-19 pandemic, China might soon be fighting against another challenge- the food crisis- owing to the massive flood it experienced in recent times.

Australia witnesses recession for first time in nearly 3 decades

Canberra: Australian Gross Domestic Product has fallen 7.0 percent in the June quarter, the largest quarterly fall on record, according to figures released by the Australian Bureau of Sta ...

Over 50,000 people in Japan left jobless due to COVID-19 - Government

Tokyo, Sep 1 (Sputnik) More than 50,000 people in Japan have lost their jobs temporarily or completely due to the COVID-19 pandemic, according to the data published on Tuesday by the Mini ...

Digital economy can put citizens in control of finance, says UN taskforce

New York: A UN taskforce set up to look into the risks and benefits of the digital economy, has concluded that it could have a transformational impact on sustainable development, and empo ...

Devastated by pandemic, tourism sector must be rebuilt in a safe, equitable and climate friendly way – UN chief

New York: Tourism is much more than visiting cultural landmarks or swimming in tropical beaches; it is “one of the world’s most important economic sectors”, the UN chief ...

US House Speaker Pelosi says White House $1.3Trln COVID-19 relief package not enough

Washington/Sputnik: House Speaker Nancy Pelosi in a statement said the White House's proposal to provide $1.3 trillion in COVID-19 relief would not be enough to meet the needs of the ...