Thailand's Siam Commercial Bank Pcl (SCB) is looking to issue loans up to 7 billion baht ($214 million) over the next five years in Myanmar after receiving a preliminary approval to set up a subsidiary there, it said on Friday.
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts.
When Indonesian doctor Ratih Purwarini was buried at dusk in a Jakarta cemetery, only her son Firos saw her plastic-wrapped coffin used for coronavirus victims lowered into the grave. Indonesia’s health ministry and coronavirus taskforce declined to comment on the doctors' deaths.
China's foreign ministry said on Friday that Beijing is opposed to any action by the United States to revoke China Telecom Corp's authorisation to provide international telecommunications to and from the United States.
China will promote the sales of export products in domestic markets, as foreign trade faces unprecedented challenges due to the coronavirus pandemic, an assistant commerce minister said on Friday.
Prime Minister Boris Johnson was resting in hospital on Friday as he recovered from COVID-19 while Britons were told to avoid the temptation of spring sunshine during the Easter break with the coronavirus outbreak approaching a peak.
China's Bank of Gansu has agreed to provide 30 billion yuan ($4.26 billion) of loans to state firms in the northwestern province over the next three years, in an apparent show of financial strength after a rush of fund withdrawals at one of its branches last week.
The huge cost of the coronavirus pandemic is upending Japan's seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls for "helicopter money" - unlimited spending bankrolled by the central bank.
(RTTNews) - Boeing Co. (BA) is considering a plan to reduce its workforce by about 10%, amid the COVID-19 pandemic, the Wall Street Journal reported, citing people familiar with the matter.
Japanese government bond prices inched up on Friday, in line with a rise in U.S. Treasuries after another abysmal reading on U.S. jobless claims data and the U.S Federal Reserve's $2.3 trillion yen plan to shore up the economy.
Japanese shares settled higher on Friday, with bank stocks leading the gains on a $2.3 trillion programme by the U.S. Federal Reserve to support local governments and businesses, but trading was lacklustre due to the Easter holidays overseas.
Shanghai stocks slid on Friday on bleak factory gate data that pointed to a prolonged recovery, but ended the week with their biggest gains in five on hopes of more economic stimulus to shore up the world's second-largest economy.
China's banking regulator said on Friday it will start monitoring how much support lenders are extending to struggling smaller firms, the latest push to guide more funding into the country's most vulnerable business sector.
Turkey's unemployment rate ticked up to 13.8% in the December-February period from 13.7% a month earlier, data showed on Friday, suggesting joblessness will remain high as the coronavirus outbreak delivers a shock beginning in March.
Stuck indoors and without a training partner during India's COVID-19 lockdown, the country's top table tennis player G Sathiyan says he is staying sharp by practising with a robot.
Days after Congo announced emergency restrictions to curb the new coronavirus, a police video started circulating online showing an officer in the capital beating a taxi driver for violating a one-passenger limit.
Brown-robed Franciscans stride through a shuttered and deserted Jerusalem to the Church of the Holy Sepulchre, the global focus of the most important festival in the Christian calendar - but in a city bereft of Easter pilgrims.
Japan's car industry will try to avoid suspending operations during the coronavirus pandemic, but worker safety takes priority, said its automakers' association, adding the industry was considering financial support for struggling firms.
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