Showing 1 - 2 of 2
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.
Year of turbulence
Asia focus, Published on 31/12/2018
» Two unpredictable men with weird haircuts and access to nuclear weapons had a friendly chat in Singapore -- and that was just one of the many noteworthy stories of 2018. Elsewhere in Asia, we witnessed some surprising political developments (Malaysia) and not-so-surprising ones (Cambodia), along with what seemed to be a disturbingly high number of natural disasters. Many see the latter as a manifestation of the growing impact of climate change, and it's a debate that is bound to intensify in the year ahead. Below, Asia Focus looks back on the eventful year now ending.