BEIJING--A private gauge of China's manufacturing activity in March rebounded from a record low, in line with official data suggesting early signs of economic recovery amid the coronavirus pandemic.
Tokyo Commodity Exchange (TOCOM) futures plunged to a 11-year low on Wednesday as the spreading coronavirus escalated fears over falling demand for the material, while sell-off in stocks and oil markets added to pressure.
The latest report of The Association of Natural Rubber Producing Countries (ANRPC) said the increasing worries of global recession will continue to dominate the sentiments of natural rubber (NR) market during April 2020.
WASHINGTON, March 31 (Xinhua) -- International Monetary Fund (IMF) chief said Tuesday that the multilateral lender remains "very concerned" about the negative outlook for global growth in 2020 and in particular about the strain a downturn would have on emerging markets and low-income countries.
HONG KONG -- China's economy likely contracted by 3.7% in January-March quarter and will slow to 3.3% growth for all of 2020 as the coronavirus pandemic takes its toll, according to the consensus forecast of economists survey by Nikkei and Nikkei Quick News.
The US economy will shrink far more than expected as the coronavirus outbreak halts economic activity and fuels an unprecedented spike in joblessness, Goldman Sachs analysts said on Tuesday.