Archive for February 7th, 2020

Coronavirus: Whistle-blower Dr Li Wenliang confirmed dead of the disease at 34, after hours of chaotic messaging from hospital
Li Wenliang – one of the first doctors who tried to alert the public about the coronavirus outbreak, only to be reprimanded by local police – has died, Wuhan Central [...] » More
Business Briefs 07 February 2020
* The State Bank of Vietnam has allowed Military Commercial Joint Stock Bank (MBB) to revise up its charter capital to VND24.42 trillion (US$1.06 billion) from VND23.73 [...] » More
Asian markets soar as US data, China levy cuts trump virus fears
Asian markets rallied again Thursday despite China’s virus claiming hundreds of lives and infecting tens of thousands, with investors welcoming another record close on [...] » More
Bearish bets re-emerge on Asia FX as virus outbreak fuels growth fears: Reuters poll
Investors wary about the economic impact of the coronavirus outbreak spreading from China turned bearish on most Asian currencies and went short on the baht for the first [...] » More
Coronavirus: rice, toilet paper and dried goods fly off shelves as rumours spark panic buying in HK
Toilet paper and dried goods are flying off Hong Kong supermarket shelves as shoppers prepare for the deadly coronavirus by bulk buying while limiting trips to save masks. [...] » More
Coronavirus: HK to quarantine all travellers entering from mainland China for 14 days as city’s leader invokes special powers
All travellers from mainland China entering Hong Kong, including local residents, would be required to go into quarantine for 14 days, the city’s leader said on [...] » More
Virgin Australia permanently cancels HK routes amid coronavirus outbreak, anti-government protests
Virgin Australia has emerged as the first international airline to completely withdraw all its services between Australia and Hong Kong amid the coronavirus outbreak, citing [...] » More
Viral hysteria: HK panic buying sparks run on toilet paper
Panic buyers in Hong Kong have descended on supermarkets to snap up toilet rolls as the government warned that online rumours of shortages were hampering the city’s [...] » More
HK faces ‘double devastation’ as coronavirus and civil unrest take toll
Hong Kong’s economy risks being plunged deeper into recession as the coronavirus outbreak wreaks havoc in the crisis-hit territory, with consumers panic buying staple [...] » More
Coronavirus fears spread to HK employees at bank, telecoms company and fashion boutique, as staff on self-quarantine after close contact with confirmed cases
Bank and telecommunication employees, as well as staff at a boutique fashion outlet in Hong Kong are among people in self-quarantine following contact with confirmed [...] » More
Food and beverage industry in HK posts first annual decline in revenue since Sars, with 5.9 per cent drop
Hong Kong’s food and beverage industry has posted its first annual decline in earnings since the Sars outbreak in 2003, with greater headwinds expected amid the [...] » More
HK checks quarantined ship for virus as medical workers escalate strikes
Hong Kong authorities quarantined a cruise ship for a second day on Thursday as they checked thousands of passengers and crew for the new coronavirus, forbidding anyone from [...] » More
HK’s Reinvigorated Labour Movement
Growing numbers of people are joining unions to pressure the authorities to respond to their demands. Angel was scrolling through the messaging app Telegram late last year [...] » More
Tycoons On 2020 Forbes HK Rich List See Mixed Fortunes
The prolonged protests and US-China trade tensions that hit Hong Kong over the past year resulted in mixed fortunes for tycoons on the 2020 Forbes Hong Kong Rich List. [...] » More
Tencent may have accidentally leaked real data on Wuhan virus deaths
As many experts question the veracity of China’s statistics for the Wuhan coronavirus outbreak, Tencent over the weekend seems to have inadvertently released what is [...] » More