The International Monetary Fund's executive board approved on Tuesday (June 9) a US$5 billion loan deal for Ukraine that Kiev says is needed to stave off default as the coronavirus pandemic plunges the Eastern European country's economy into recession.
The rise of Vietnam has been highlighted in a recent survey of the Australian Chamber of Commerce (AustCham), as Vietnam is now considered the most favourable place to expand business, surpassing the Philippines and Myanmar in recent years as well as Australia’s long-term business partners namely Malaysia and Singapore.
The Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+, will meet on Saturday, June 6, Algeria's Ennahar TV channel reported on Friday, citing an OPEC source.
The European Union is preparing to use an emergency EUR2.4-billion (US$2.7 billion) fund to make advance purchases of promising vaccines against the new coronavirus, EU officials told Reuters. The move was discussed at a meeting of EU ambassadors on Wednesday, after Germany, France, Italy and the Netherlands said they were speeding up negotiations with pharmaceutical companies to secure access to vaccines currently under development.
The Pentagon has moved about 1,600 US Army troops into the Washington, D.C., region, the Pentagon said on June 2, after several nights of violent protests in the city.
Tropical Depression Three located in the Gulf of Mexico is expected to strengthen to a tropical storm by Monday night or Tuesday (June 1-2), the US National Hurricane Center (NHC) said.
Vietnam’s success in handling the COVID-19 pandemic continues to receive compliments from international media.
Russia on May 29 reported 232 deaths from the new coronavirus in the last 24 hours, a record one-day amount that pushed the nationwide death toll to 4,374.
Turkey begun operating intercity trains on Thursday (May 28) after a two-month gap, as it gradually eases coronavirus curbs in a bid to restore normal life and reopen an economy facing the threat of recession.
The economy in Gulf countries has been tottering and facing heavy financial pressure since being hit by two "big waves”, triggered by the COVID-19 pandemic and a record plunge in oil prices.
Brazil daily coronavirus deaths were higher than fatalities in the United States for the first time over the last 24 hours, according to the country's Health Ministry.
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.
