Archive for March 11th, 2020

South Korea reports jump in coronavirus cases

South Korea reports jump in coronavirus cases

11-Mar-2020 Intellasia | Reuters | 11:44 AM

South Korea reported a jump in new coronavirus cases on Wednesday as authorities tested hundreds of staff at a call centre where the disease appeared this week, reversing 11 [...] » More

U.S. senator calls for action on forced labor in China’s Xinjiang

11-Mar-2020 Intellasia | Reuters | 11:25 AM

A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring “horrific” forced labor conditions in China’s Xinjiang region and called on the [...] » More

China’s new coronavirus cases rise on infections from abroad

11-Mar-2020 Intellasia | Reuters | 11:24 AM

China reported an uptick in new confirmed cases of coronavirus infections, reversing four straight days of fewer new cases, driven by infected individuals arriving from [...] » More

Virus toll soars in locked-down Italy as pace slows in China

Virus toll soars in locked-down Italy as pace slows in China

11-Mar-2020 Intellasia | AFP | 11:23 AM

Locked-down Italy on Tuesday recorded its deadliest day of the novel coronavirus outbreak, as airlines halted flights and neighbouring countries clamped down on borders of [...] » More

Business Briefs 11 March 2020

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

* PVI Holdings (PVI) will buy back over 11.55 million shares as treasury shares at the market price on the transaction date but the price must not exceed the level set by PVI [...] » More

Survivor pulled from China quarantine hotel collapse after 69 hours

Survivor pulled from China quarantine hotel collapse after 69 hours

11-Mar-2020 Intellasia | AFP | 9:50 AM

A survivor was rescued after 69 hours trapped under a collapsed hotel used as a coronavirus quarantine facility in eastern China Tuesday, as officials said the building had [...] » More

Asian stocks struggle to find traction while Dow futures jump 500 points

11-Mar-2020 Intellasia | CNN | 6:02 AM

Markets in Asia Pacific began to recover Tuesday, and US stock futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a [...] » More

Foreigners sell $9 billion worth of Asian equities so far in March

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

Foreign investors are aggressively selling Asian equities this month amid worries of a deeper economic fallout from the coronavirus outbreak in the region. Overseas investors [...] » More

Oil bounce supports Asia stocks after ‘Black Monday’

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

A sharp bounce in the price of oil Tuesday provided some support to under-pressure stocks in early Asian trade, a day after global equities suffered their biggest losses in [...] » More

IMF calls for ‘substantial’ stimulus, coordination against virus

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

The International Monetary Fund called on governments worldwide Monday to join forces and roll out aggressive financial supports for the coronavirus-infected global economy, [...] » More

Barminco set for Canada debut with Hemlo contract

11-Mar-2020 Intellasia | FTI Consulting, Strategic Communications Perth | 6:02 AM

Perenti (ASX: PRN) is pleased to announce its subsidiary, leading hard-rock underground miner Barminco, has received a letter of intent from Barrick to provide underground [...] » More

Coronavirus: HK’s international schools face financial uncertainty as nervous parents mull pulling children

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

Many of Hong Kong’s international schools might be facing financial uncertainty, as tentative start dates for the new term have been pushed back to April 20. These [...] » More

HK aviation authorities relax slot rules so airlines no longer have to ‘use it or lose it’, paving way for further cuts in flight schedules until October

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

Hong Kong authorities have given all airlines the go ahead to cut their flight schedules until the end of October by relaxing airport slot rules, the Post has learned. There [...] » More

Coronavirus: HK urged to get tough on travel controls for arrivals from worse-hit countries

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

Should Hong Kong follow mainland China and Macau to start imposing travel restrictions and quarantine rules on arrivals from countries that have been worse hit than the city [...] » More

HK’s election watchdog proposes giving priority to vulnerable voters for Legislative Council 2020 polls following last year’s queuing fiasco

HK’s election watchdog proposes giving priority to vulnerable voters for Legislative Council 2020 polls following last year’s queuing fiasco

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

Elderly, pregnant and disabled voters in Hong Kong will be given priority at polling stations under an Electoral Affairs Commission proposal for September’s Legislative [...] » More