The Chinese economy's first-ever contraction in history belies hopes of a rapid return to the growth path for the global economy.
The housing sector is facing uncertainties this year and next because of the market conditions caused by the coronavirus pandemic. Home sales could slump as much as 15%, some estimates show.
Although Chinese factories have resumed production after containing the coronavirus outbreak, it's economy is suffering from the supply chain disruptions across the world.
Chinese auto industry was struggling to get back on track after the coronavirus outbreak as buyers were keeping away despite government's offer of cash stimulus and tax breaks to rev up sales.
For major US Airlines, accepting the Trump administration's $25 billion bailout plan under the CARES Act would mean choosing quasi-nationalization over bankruptcy as they face $250 billion in losses because of the global coronavirus pandemic.
The prices of foodgrains and several other agricultural produce are rising despite a good harvest, because the coronavirus lockdowns have disrupted supply chains.
Farmers were the biggest victims of the U.S.-China trade war and the pandemic has worsened the situation for them.
The economic downturn and rising unemployment caused by the coronavirus has affected Chinese consumers' ability to service existing loans and take on new ones.
Prime Minister Shinzo Abe's $2.2 billion worth of allocation to help Japanese companies move production facilities out of China is one step toward redrawing global supply lines.
President Trump said Indian Prime Minister Narendra Modi's decision to allow the export of anti-malarial drug hydroxychloroquine to the U.S. "will not be forgotten."
The First Daughter's role in prodding big lenders to loosen their purse strings for small businesses and her refreshing social media posts encouraging people to be in good spirits have caught media attention.
The crisis that has hit the hydrocarbon-based energy regime because of the global coronavirus pandemic may be opening up an opportunity for the renewable energy economy. Green energy sources like solar, wind and hydropower may find more investments while the oil and gas sector hit by consumption shortfall and supply glut will take a long time to recover.
The global pandemic may be silently creating a generation of supersavers who are averse to risk-taking and would save rather than spend. Economists think the change in financial behavior may be bad news for the economy.
The government will be sending out $1,200 checks for eligible individuals and $2,400 for couples soon, but Goldman economists believe there is a strong feeling that another round of monetary relief would be required.
Coronavirus Safety: Amazon Keeps Warehouses Humming, To Fire Workers Who Break Social Distancing Rules
Workers at the online retailer are on the edge as pandemic fears increase and have walked out of work a couple of times accusing the company of inadequate safety measures.
Bipartisan pressure is increasing on the Trump administration to reduce U.S. dependence on the global supply chain for vital medical supplies dominated by China as the new coronavirus pandemic continues to infect an increasing number of Americans.
China may have achieved success in controlling the spread of the new coronavirus but the plummeting global demand is set to inflict more pain on the country's economy.
The increasing demand for rent holiday to help tenants tide over likely job loss from the new coronavirus pandemic may have much wider implications for the economy, resulting from mortgage defaults and weakening of the market.
The economy’s recovery may not be as sharp as after the great depression of 2008-2009.
Saudi Arabia's shale gas technology breakthrough could have a significant geopolitical impact as the kingdom would be able to supply gas to regional allies that now depend on Qatar.
The deal will help Intuit acquire quality financial data that could help it make deeper inroads into the consumer finance business.
Huawei's European business may be growing despite sustained pressure from the U.S. Top Trump administration officials have been talking to leaders in the U.K. and Europe trying to dissuade the U.S. allies from allowing Huawei in 5G network expansion.
Repayment cost of loans and debt contracts based on floating rates could change with the world financial community planning to ditch London-based Libor, the interbank rates benchmark, by 2021-end.
President Trump's suggestion that a major trade deal may not be signed during his Feb. 24-25 India visit has shifted the focus to his personal chemistry with Prime Minister Narendra Modi and the optics around the visit.
The case arose after Yukos was declared bankrupt and merged with the state-controlled Rosneft following tax evasion charges amounting to $27 billion in 2006. As Yukos chief executive, Khodorkovsky landed in jail.
There is $21 billion worth of gift cards and store credits lying unused. High-income families leave around more than $297 in unredeemed benefits annually.
Although India's economic growth has slowed because of domestic and global factors, the country became the fifth largest economy last year, overtaking the U.K. and France, the World Population Review said.
Reports that the Trump administration is considering a ban on the sale of GE engines for use in China's first major commercial airliner Comac C919 has roiled the global aviation industry.
An Australian court's order asking Google to reveal the identity of the person or group behind a negative review of a dentist on Google could have implications beyond the border.
Organizers of major international events in Asia are struggling to decide if to scale back, postpone or cancel the events in view of the rapid spread of the coronavirus.