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Indonesia cuts 2020 GDP forecast to 2.3%

Indonesia has lowered its forecast for 2020 gross domestic product to 2.3% from 5.3% in the wake of the coronavirus outbreak, according to Bloomberg. 

WorldBank said Tuesday that the baseline scenario for Indonesia's growth was 2.1% in 2020, downfrom 5.1% initially projected, if the situation begin to normalize by June, accordign to The Jakarta Post. 

Japan PM Abe: Not in a situation to declare an emergency now

Speaking in parliament on Wednesday, Japanese PM Shinzo Abe reaffirmed that they are not in a situation to declare an emergency now. more to come ...
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Gold Price Analysis: Better bid, but remains in bearish territory below $1,594

Gold is currently trading near $1,585 per ounce, representing a 0.55% gain on the day, having hit a low of $1,566 in the overnight trade. The yellow m
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