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WORLD

Vaccines in development hit 70, deaths top 114,000: Virus update

Bloomberg News, Published on 13/04/2020

» Seventy coronavirus vaccines are in development globally, with three already being tested in human trials, the World Health Organization said. The northeastern Chinese city of Harbin tightened rules to curb the spread of the virus.

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WORLD

Spain, Germany cases rise; UK PM remains in ICU: Virus update

Published on 08/04/2020

» Anthony Fauci, director of the US National Institute of Allergy and Infectious Diseases, said the start of a turnaround in the fight against the virus could come after this week.

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WORLD

Markets rise as deaths slow in hotspots: Virus update

Published on 06/04/2020

» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.

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WORLD

Europe tightens curbs with economic toll worsening: Virus update

Published on 17/03/2020

» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.

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WORLD

Italy tests lockdown; global cases near 110,000: Virus update

Published on 09/03/2020

» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.

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BUSINESS

Economic growth tilts up in Q4 but politics loom

Published on 18/02/2019

» The country’s economy grew at a faster pace in the fourth quarter than the previous three months, as local demand helped to offset a slide in exports, but Thailand's ongoing political divide is again threatening the economy.

WORLD

HSBC 2015 profit down 1.2%

AFP, Published on 22/02/2016

» HONG KONG - Global banking giant HSBC announced Monday its results for 2015 which fell below analysts' expectations after what it called "seismic shifts" in the world economy.

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WORLD

Fresh volatility hits Asian markets

Published on 02/09/2015

» SHANGHAI — Asian stocks were hit by a fresh round of volatility Wednesday, as further evidence of slowing growth in China's economy cast a cloud over global markets.

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WORLD

Ringgit slumps most in Asia

Published on 26/08/2015

» Malaysia’s ringgit sank to a 17-year low on Wednesday as concern about the finances of a state investment firm at the heart of a political scandal worsened the outlook for an economy rocked by plunging oil prices and an emerging-market selloff.

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WORLD

Asian shares end see-saw session mixed

Published on 26/08/2015

» HONG KONG — Asian shares closed mixed after a choppy session on Wednesday, with investors selling off Chinese stocks despite an interest rate cut, while other markets found their footing.