Taiwan’s unemployment rate increased for the third straight month in April, figures from the Directorate General of Budget, Accounting and Statistics showed on Friday. The non-adjusted unemployment rate rose to 4.03 percent in April from 3.72 percent in March. In the same month last year, the… [Read more…][1]
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The Chinese government dropped setting economic growth target for the first time and placed job creation as top priority as coronavirus, or Covid-19, pandemic has ravaged the outlook. At the annual session of the National People’s Congress in Beijing, Premier Li Keqiang said the country will face some factors that are difficult to predict in its development due to the great uncertainty regarding [Read more…][3]
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The Bank of Japan introduced a new lending program to help financing small and medium-sized firms struggling to operate amid the spread of the novel coronavirus, or Covid-19, but left its target for short-term interest rate and the bond yield target unchanged. At the emergency meeting on Friday, the Policy Board of the BoJ unanimously decided to launch a lending scheme worth about JPY 30 trillion. [Read more…][5]
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- www.rttnews.com/3098256/taiwan-jobless-rate-rises-for-third-month-in-april.aspx?type=aeco
- cdn.rttnews.com/articleimages/forextopstory/2020/may/likeqiangchina-may22.jpg (likeqiangchina may22)
- www.rttnews.com/3098220/china-avoids-setting-gdp-target-focus-on-labor-market.aspx?type=aeco
- cdn.rttnews.com/articleimages/forextopstory/2020/may/bankofjapan-july30_22may20.jpg (bankofjapan july30 22may20)
- www.rttnews.com/3098125/boj-unveils-new-lending-program-to-support-smes.aspx?type=aeco
- www.rttnews.com/list/asian-economic-news.aspx