Category: Economy News

Japan Bank
Economy News

Japan Bank Regulator Surveys Impact of COVID-19 Restrictions

Japan’s banking regulator is surveying regional lenders on how local businesses cope with new restrictions to contain COVID-19. It is seeking to forestall a spike in bankruptcies. The Financial Services Agency (FSA) survey follows last

US Economy
Economy News

Senate Adopts Stimulus; Jobs Report; Stocks Set to Rise

The U.S. adopted a bill allowing U.S. President Biden’s $1.9 trillion COVID relief plan. However, it would pass without Republican support. It is something that will speed the package’s progress into law. The Senate ended

Fed Reserve
Economy News

Buttigieg Optimistic About Future of Travel Despite COVID-19

New U.S. transportation chief Pete Buttigieg said Wednesday he was “deeply optimistic” about the future of travel despite COVID-19. This is despite its devastating effects on airlines, airports, transit systems and road use. The coronavirus

Hong Kong
Economy News

HK to Earn $4.5B from Trading Fees this Financial Year

The Hong Kong government should earn HK$35 billion ($4.52 billion) in revenue in the current financial year. It is from the 0.1% ‘stamp duty’ on behalf of stock transactions resulting from high trading volumes.  Hong

Ukraine
Economy News

Ukraine Expects $2.2B from IMF in 2021

Ukraine expects to receive $2.2 billion spread across three tranches from the International Monetary Fund (IMF) in 2021. This was a statement from Central Bank Governor Kyrylo Shevchenko in an interview on Monday. This is