Japan, Singapore could be the Asian economies worst hit by coronavirus, says Moody's Analytics
economies could struggle the most in the coronavirus pandemic, an economist from Moody's Analytics said on Monday.
Latest official data in Japan showed the economy shrinking by 6.3% year over year in the three months to December, whileindicated that the economy contracted by 2.2% in the quarter that ended in March. "And then there is potential that in Japan, if the coronavirus spreads further, there could be more of a real lockdown rather than the kind of a soft lockdown that's in Japan right now," he added., have reported more than 13,000 infections — among the highest in Asia, according to data compiled by Johns Hopkins University.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Analysts say stocks like Walmart and Chipotle will emerge even stronger after the pandemicNew for subscribers: Analysts say stocks like Walmart and Chipotle will emerge even stronger after the pandemic Check out CNBCPro for a free trial.
Read more »
Italy to Reopen Gradually Starting on May 4Italy announced a timetable for reopening its economy and daily life beginning on May 4, marking a milestone in the hard-hit country’s struggle against the coronavirus pandemic.
Read more »
The Countess of Wessex Is 'Privately' Volunteering to Make Food for Medical StaffSophie has been quietly working at a London kitchen during the coronavirus pandemic.
Read more »
Maryland agency receives more than 100 disinfectant use callsA photographer in Colorado catches a deer with a sour cream container stuck to its nose—appearing to follow face-mask guidelines. The deer later safely rid itself of the container.
Read more »