Archive for March 4th, 2020

Business Briefs 04 March 2020

04-Mar-2020 Intellasia | | 9:53 AM

* FLC AMD Mining and Investment Company (AMD) has approved a plan to merge itself into FLC Mining Investment and Asset Management JSC (GAB). AMD is holding no shares in GAB [...] » More

A disconnect between Trump and health officials on virus

04-Mar-2020 Intellasia | AP | 9:45 AM

Whom to believe on the coronavirus threat — the president saying one thing or the public health officials standing beside him and saying something a little different? [...] » More

Coronavirus: WHO accuses medical suppliers of selling face masks at six times average price amid global crisis

04-Mar-2020 Intellasia | The Independent | 9:43 AM

The World Health Organisation (WHO) has accused suppliers of medical equipment including face masks and gloves of raising prices in response to the healthcare emergency posed [...] » More

Mainland China reports 119 new coronavirus cases, down from day earlier

Mainland China reports 119 new coronavirus cases, down from day earlier

04-Mar-2020 Intellasia | Reuters | 9:41 AM

Mainland China had 119 new confirmed cases of coronavirus on Tuesday, the country’s National Health Commission said on Wednesday, down slightly from 125 on the previous [...] » More

Japanese coronavirus infections reach 1,000 cases

Japanese coronavirus infections reach 1,000 cases

04-Mar-2020 Intellasia | Reuters | 9:33 AM

The number of confirmed coronavirus infections in Japan reached the 1,000 mark on Wednesday with the newest case reported in the western prefecture of Yamaguchi, officials [...] » More

Tokyo falls back, other Asian markets track Wall St gains

04-Mar-2020 Intellasia | AP | 6:02 AM

Shares in most Asian markets tracked overnight gains on Wall Street, but Tokyo’s benchmark fell back Tuesday as gnawing concerns over the virus outbreak chilled buying [...] » More

Asia markets mostly up as central banks prepare virus response

04-Mar-2020 Intellasia | AFP | 6:02 AM

Most Asian markets rose for a second day Tuesday following a blockbuster surge on Wall Street fuelled by hopes for a concerted global response to the coronavirus. Pledges of [...] » More

Gold prices rise on global monetary stimulus bets

04-Mar-2020 Intellasia | Reuters | 6:02 AM

Gold prices rose on Tuesday as expectations grew for monetary policy easing by major central banks to limit the economic fallout from the fast-spreading coronavirus. Spot [...] » More

Asia tracks Wall St surge on hopes for policy response to virus

04-Mar-2020 Intellasia | AFP | 6:02 AM

Asian traders pushed equities higher for a second day Tuesday following a blockbuster surge on Wall Street fuelled by hopes for a concerted global response to the [...] » More

HK protests: Dutch tourist among four charged over weekend disturbance in Mong Kok

04-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

A Dutch tourist was among four defendants charged in a Hong Kong court on Monday in connection with an anti-government protest in Mong Kok over the weekend which saw 115 [...] » More

Coronavirus: HK leader Carrie Lam does not deny telling Beijing outbreak could help politically

04-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s leader on Tuesday did not deny reports that she sent a letter to Beijing complaining about her “unsatisfactory” cabinet and saying the [...] » More

Coronavirus: historic HK border checkpoint sparks fears of quarantine loophole

04-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

For nearly three weeks, Hongkongers living on Chung Ying Street a road where the boundaries between the city and mainland China blur have been able to travel to Shenzhen and [...] » More

Pop-ups, smaller shops are gaining appeal as HK retailers seek to lure shoppers and rein in costs

04-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Distressed retailers in Hong Kong are likely to adopt pop-up spaces and short-term leases as a strategy to rein in costs in an industry battling to overcome the impact of [...] » More

The longest holiday: parents coping with coronavirus school closures in east Asia

04-Mar-2020 Intellasia | The Guardian | 6:02 AM

“It’s been a long holiday,” laughs Hong Kong insurance worker and mother, Sarah Wong. Wong and her two daughters Chloe and Greeta are at a co-working space [...] » More

Coronavirus: rescue flights for more than 500 Hongkongers in outbreak’s epicentre

04-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Four chartered flights will this week bring back more than 500 Hong Kong residents from the epicentre of the coronavirus outbreak, the city’s leader has revealed. Two [...] » More