Indonesia reveals stimulus package

Source: Dukascopy Bank SA
On Tuesday, the President of Indonesia Joko Widodo stated that the government would spend additional $25 billion on battling the impact of the coronavirus.
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Tue, 31 Mar 2020 11:18:21 GMT

Huawei reports 5.6% increase in 2019 profit

China's Huawei Technologies on Tuesday reported a 5.6% increase in its 2019 profit, the smallest annual profit rise in three years, tumbled by weak international sales amid the US campaign to ban its global expansion citing security concerns.

Tue, 31 Mar 2020 09:17:37 GMT

Sweden's economy likely to shrink 4% this year

Swedish economy is expected to shrink 4% in 2020 due to the negative impact of the coronavirus outbreak on supply and demand, the country's Finance Minister Magdalena Andersson stated on Tuesday.

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