Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail reported on May 24, citing multiple sources.
US President Donald Trump on May 20 said he may seek to revive a face-to-face meeting of Group of Seven leaders near Washington, after earlier canceling the in-person gathering of world leaders due to the novel coronavirus pandemic.
The ASEAN Senior Officials’ Meeting (SOM) at the Deputy Foreign Ministerial level was held on May 18 in the form of a teleconference, with Deputy Foreign Minister Nguyen Quoc Dung, head of Vietnam ASEAN SOM, participating.
Europe must prepare for a second deadly wave of the coronavirus in the winter, a top World Health Organisation chief has warned.
China reported seven new coronavirus infections on the mainland on May 12, versus one a day earlier, the national health authority said on May 13, with six local cases in northeastern Jilin province and one imported case in Shanghai.
President Trump takes questions on testing after White House staff test positive for coronavirus.
Thailand’s consumer confidence slumped to a 21-year low in April as the public remained worried about the poor economy, unemployment and future income because of the COVID-19 pandemic.
(HBO) - Covid-19 has become a global pandemic and so many countries and cities have applied travel restrictions and social distancing orders.
The number of coronavirus infections rose to 52,952 in India, up by 3,561 over the previous day, the health ministry said on Thursday (May 7), with no signs of abating despite a strict weeks-long lockdown in the world's second most populous country.
Japan will launch a subsidy programme to encourage domestic manufacturers to transfer their overseas production bases to Southeast Asia, as the coronavirus pandemic has greatly disrupted their supply chains heavily dependent on China.
President Donald Trump said on May 1 the US Food and Drug Administration (FDA) had granted authorization to Gilead Sciences Inc for emergency use of its experimental antiviral drug Remdesivir to treat patients with COVID-19.
Together with the economic crisis triggered by COVID-19, a wave of unemployment is spreading in many major economies. Countries are now striving to not only fight the disease but also recover economic growth and support disadvantaged people.
International financial institutions and regional organisations are striving to provide effective "medicine” aimed at reducing damages for poor nations in the context of the fight against the COVID-19 pandemic threatening to push many countries into miserable circumstances.
China’s circulation of a number of diplomatic notes at the United Nations (UN) that raise unreasonable sovereignty claims over Vietnam’s Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos as well as maritime claims in the East Sea runs counter to the provisions of the 1982 UN Convention on the Law of the Sea (UNCLOS), an official said on April 23.
Crude oil producers have just fallen into the depths after world oil prices for the first time in history fell to US$-37.63 per barrel. Moves to save the oil market from the brink of collapse were immediately launched, but efforts have been extremely fragile.
Health ministers from the Group of 20 major economies discussed weaknesses in health systems that made the world vulnerable to the coronavirus outbreak and other pandemics, a statement said after a virtual meeting on Sunday (April 19).
A scenario of socio-economic disturbance in the Middle East and Africa has been forewarned by experts if the regions cannot control the COVID-19 pandemic. With many countries being quite vulnerable, the Middle East and Africa are suffering from "strong shocks”, with economic downturn, rising unemployment and food security concerns.
Ambassador Dang Dinh Quy, head of the Vietnam Permanent Mission to the UN, has appreciated the positive results of a peace agreement in Colombia and believed that this will contribute to ensuring security and safety for people in the country, especially those in conflict areas.
The World Health Organization (WHO) has warned that lifting restrictions too soon could lead to a deadly resurgence of COVID-19 as some countries are easing their social and economic restrictions amid the outbreak.
The United States surpassed Italy on Saturday as the country with the highest reported coronavirus death toll, recording more than 20,000 deaths since the outbreak began, according to a Reuters tally.
The Republic of Korean President Moon Jae-in said on Wednesday (April 8) the government will make an additional KRW36 trillion (US$29.5 billion) worth of cheap loans available for exporters hit by the coronavirus.
Japanese Prime Minister Abe Shinzo on Tuesday (April 7) declared a state of emergency to fight new coronavirus infections in major population centres and unveiled a stimulus package he described as among the world's biggest to soften the economic blow.
US state of Washington Governor Jay Inslee on Sunday (April 5) announced that the state will return more than 400 ventilators received from the Strategic National Stockpile to help states having higher numbers of COVID-19 cases.
The regional economic growth in developing Asia will decline sharply in 2020 due to the effects of the COVID-19 pandemic before recovering in 2021, according to a new report by the Asian Development Bank (ADB) released on Friday (April 3). The report, Asian Development Outlook (ADO) 2020, forecasted the regional growth of 2.2 percent in 2020, a downward revision of 3.3 percentage points relative to the 5.5 percent ADB forecasted in September 2019.
The G20 trade and investment ministers vowed on Monday (March 30) to ensure the continued flow of essential supply, especially medical and pharmaceutical equipment, amid the current global crisis. They issued a statement on the website of the G20 General Secretariat of Saudi Presidency, expressing concern of challenges facing workers and businesses, particularly the most vulnerable ones.
