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ADB: Coronavirus fallout dents  economic outlook for developing Asia
Developing Asia’s already-slowing growth is set to weaken sharply this year, hit by the fallout from the coronavirus pandemic before it bounces back strongly next year, the Asian Development Bank (ADB) said on Friday.
Economic contagion spreads beyond China to other Asian economies
The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls found.
‘Everyone guessing’ about coronavirus economic impacts, say experts
The coronavirus that spread from a seafood market in Wuhan, China, to infect tens of thousands has shuttered businesses, grounded flights and killed over 1,000 people so far, mostly in China.
South Korea ready to take action against economic fallout from new coronavirus
South Korea said on Friday it is ready to take action to reduce the impact of the new coronavirus on Asia's fourth-largest economy.
World Bank says Indonesia forest fires cost $5.2b in economic losses
The total damage and economic loss from forest fires in Indonesia this year amounted to at least $5.2 billion, equal to 0.5 percent of gross domestic product, the World Bank said in a report on Wednesday.
Time to unleash Turkey's economic potential, finance minister says
After multiple tryouts over the last year, it is now time to take Turkey's economic potential much further, said Treasury and Finance Minister Berat Albayrak.
Don't pursue economic growth at expense of environment:  Report
Pursuing economic growth at the expense of the environment is no longer an option as Europe faces “unprecedented” challenges from climate chaos, pollution, biodiversity loss and the overconsumption of natural resources, according to a report from Europe’s environmental watchdog.
Kenya reaps first billion from oil exports but economic forecast remains cloudy
Kenya has earned its first billion shillings from oil exports from the Turkana facility. But analysts say the milestone has been overshadowed by a cloud of economic gloom.
New warning on global economic slowdown
The leading international economic organization warned that risks to the global outlook have increased.
India heading for economic growth below 5%
India’s economic growth probably hit a new low last quarter, with early forecasts showing expansion below five percent.
Envoy: Oman eager to boost economic ties with Iran
Omani officials seek to expand economic ties with Iran, said the Omani ambassador to Iran on Tuesday.
Gold rises as concerns over trade deal, economic slowdown linger
Gold prices rose on Monday, after touching a three-month low in the previous session, on lingering concerns over the US-China trade deal and the prospect of a slowing global economy.

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