Archive for February 11th, 2020

Business Briefs 11 February 2020

11-Feb-2020 Intellasia | | 9:28 AM

* The Hochiminh Stock Exchange has added the stock codes of petroleum group Petrolimex (PLX) and PetroVietnam Power Corporation (POW) to its large-cap VN30 basket. The two [...] » More

China reports 108 new coronavirus deaths on Feb. 10, toll rises to 1,016

China reports 108 new coronavirus deaths on Feb. 10, toll rises to 1,016

11-Feb-2020 Intellasia | Reuters | 9:17 AM

China reported 108 new coronavirus deaths on Feb. 10, the highest daily increase so far, and up from 97 on the previous day, the health authority said on Tuesday. Of the new [...] » More

Asian markets fall on coronavirus impact woes

11-Feb-2020 Intellasia | AFP | 6:02 AM

Markets across the Asia-Pacific were in the red on Monday with investors worried about the impact of the China coronavirus outbreak on the global economy. The virus has [...] » More

Asia stocks decline amid warnings China virus still a threat

11-Feb-2020 Intellasia | AP | 6:02 AM

Asian stock markets slid Monday after China reported an uptick in new cases of its virus outbreak and analysts warned optimism the disease is under control might be [...] » More

Asian markets slip amid warnings that China virus remains a threat

11-Feb-2020 Intellasia | MarketWatch | 6:02 AM

Asian stock markets slid Monday after China reported an uptick in new cases of its virus outbreak and analysts warned optimism the disease is under control might be [...] » More

Overseas buying in Asian equities fall sharply in January

11-Feb-2020 Intellasia | Reuters | 6:02 AM

Foreign inflows into Asian equities fell sharply in January as worries over the coronavirus outbreak in China hit risk sentiment. Overseas investors purchased a net $459 [...] » More

Coronavirus: HK Science Park to get mask-making facility with goal of producing 100,000 a day amid shortage

11-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s technology hub is set to become a base for surgical mask production, with a target of 100,000 masks a day, as the city struggles to meet demand amid the [...] » More

Thousands from cruise ship in HK freed after virus tests

11-Feb-2020 Intellasia | AFP | 6:02 AM

Thousands of people stranded aboard a cruise ship in Hong Kong for five days were allowed to disembark on Sunday after its 1,800 crew tested negative for the deadly new [...] » More

A new strain of resistance? How the coronavirus crisis is changing HK’s protest movement

11-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

When about 9,000 medical workers went on strike for five days early this month, it signalled not only their dissatisfaction with the Hong Kong government’s handling of [...] » More

J.Crew to shut HK stores, joins big-brand exodus from Causeway Bay, world’s priciest shopping district

11-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

J.Crew Group, the US retailer of menswear and womenswear, is closing its stores in Hong Kong, according to staff at both its locations in the city. “The stores in [...] » More

HK confirms three new cases of coronavirus infections, bringing tally to 29, with seven others testing positive

HK confirms three new cases of coronavirus infections, bringing tally to 29, with seven others testing positive

11-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong on Sunday confirmed three more cases of coronavirus infections, taking the total tally to 29, with the new results linked to a large family gathering and an elderly [...] » More

Coronavirus: Hongkongers in outbreak epicentre running low on medicine, masks and food, but government has no plans for flights out while lockdown continues

11-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

Frustrated Hongkongers stuck in the epicentre of the coronavirus outbreak in mainland China are running low on food, masks and medicines, but the government has no plans to [...] » More

Taiwan to bar entry of many HK, Macau residents to halt virus

11-Feb-2020 Intellasia | Reuters | 6:02 AM

Taiwan expanded its restrictions on visitors from Hong Kong and Macau on Monday to freeze the entry of many residents from the two Chinese-run cities to help control the [...] » More

Virus transforms daily life on HK’s fearful streets

11-Feb-2020 Intellasia | AFP | 6:02 AM

Hunkering down in cramped apartments and raiding supermarket shelves for food and masks, Hong Kongers are fretting about the future as fear of the new coronavirus sweeps one [...] » More

Coronavirus impact on HK economy could be more severe than 2003′s Sars, finance chief warns

11-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s finance chief has warned that the economic impact of the coronavirus outbreak could be more severe than in 2003 when the city was hit by Sars. Writing on [...] » More