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Toyota reduces its production quota for next month by 40% due to the resurgence of COVID-19 in Asia severely impacting the company's supply chains, especially those involved in chip production. Up to this point, the company was one of the only major car manufacturers to avoid scaling back production during the pandemic. Volkswagen warns that it might also have to reduce its production quotas for similar reasons.
2021-08-19

Malaysia unveils an RM322.5 billion expansionary 2021 Budget to boost its domestic economic activity, according to government reports, as it grapples with the economic fallout of the pandemic and rising political uncertainty.
2020-11-6

The International Monetary Fund reaches an agreement with the government of Ecuador to lend $6.5 billion to help fund the country's economy amid the pandemic and the subsequent fall in oil prices and finalize a debt restructuring deal with its international investors.
2020-08-28

The Bank of Korea cuts its growth forecast and expects the country's GDP to shrink 1.3% this year. It would be South Korea's worst performance since the height of the Asian financial crisis in 1998.
2020-08-27

Australian youth travel agency STA Travel files for insolvency.
2020-08-20

U.S. oil prices for May contract settle at an all-time low, finishing down over 300% to −$37.63 per barrel.
2020-04-20

United Airlines reports a $2.1 billion loss in the first quarter of this year, blaming restrictions on the aviation industry due to the coronavirus pandemic.
2020-04-20

The 2020 North American International Auto Show, originally scheduled from June 9–20 in Detroit, has been cancelled due to the designation of the TCF Center as a temporary hospital.
2020-03-29

President Trump signs the Families First Coronavirus Response Act into law to provide economic relief to families affected by the coronavirus pandemic.
2020-03-18