Yen Nee Lee

Economía CNBC - Estados Unidos Economía Internacional Yen Nee Lee

CEO of major Asian bank says ‘a big, big challenge’ is looming for the global economy

Banks could experience “far more damage” to their balance sheets when stimulus measures that are keeping many businesses afloat are rolled back, said Piyush Gupta, group CEO of Singaporean lender DBS.
Economía CNBC - Estados Unidos Economía Internacional Yen Nee Lee

IMF says Asia’s economy will shrink ‘for the first time in living memory’ due to the coronavirus

The International Monetary Fund said Asia’s economy is expected to contract by 1.6% this year — a downgrade from its previous forecast of no growth in April. “Asia cannot be an exception” when the whole world is suffering from the effects of the coronavirus pandemic, said Changyong Rhee, director of the Asia and Pacific department at IMF.
Política CNBC - Estados Unidos Política Internacional Yen Nee Lee

After US-China clash at APEC, all eyes shift to the Trump-Xi meeting in Argentina

Investors will watch the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Argentina for clues of any easing — or escalation — in tensions between the two countries, analysts said on Monday. Differences between the world's two biggest economies were on full display at the Asia-Pacific Economic Cooperation summit over the weekend, resulting in the group's failure to agree on a joint communique for the first time in its history.
Economía CNBC - Estados Unidos Economía Internacional Yen Nee Lee

Trade expert outlines what's next in the US-China tariff battle

The world is now awaiting U.S. President Donald Trump's decision on when and how he'll implement a proposed $200 billion in additional tariffs on Chinese goods. The most likely scenario is to break up the $200 billion tariffs into batches, said Simon Lester, associate director of Cato Institute's Herbert A. Stiefel Center for Trade Policy Studies. es un sitio web oficial del Gobierno Argentino