Archive for March 20th, 2020
Vietnam health ministry reports rise in coronavirus cases to 85
Vietnam’s health ministry reported an additional nine coronavirus cases on Friday, bringing the total number in the Southeast Asian country to 85. Weeks after Vietnam [...] » More
60 more cases reported in Thailand, taking the total to 272
Thailand’s director-general of the Department of Disease Control, has announced 60 new confirmed cases of Covid-19 coronavirus infection. 43 of the people were linked to [...] » More
Thailand to tighten entry rules for all nationalities in virus fight
Thailand will introduce new measures requiring all travelers to the country to present medical certificates and health insurance before gaining entry in an effort to curb the [...] » More
COVID-19: Singapore confirms 32 new cases – all 24 imported S’pore residents, long-term pass holders
The Ministry of Health (MOH) on Thursday (19 March) confirmed 32 new COVID-19 cases in Singapore, bringing the total to 345. This is the second-highest number of cases [...] » More
ECB brings 750 bn euro bazooka to virus fightback
The European Central Bank on Wednesday unexpectedly said it would spend 750 billion euros on “emergency” bond purchases, as it joined other central banks in [...] » More
Asian FX sentiment worsens as recession fears grip markets: Reuters poll
Investors took short positions on all Asian currencies for the first time in more than a year, a Reuters poll showed, as an easing bias by most regional central banks and [...] » More
Most markets decline in Asia-Pacific as continuing US rout deepens pessimism about global recession
Stocks in Asia continued to drop Thursday, as pessimism about global growth put investors on edge following another bloodbath in US equities. While the European Union and the [...] » More
Dollar surges, stocks fall as ECB fails to stop panic
The dollar surged, bonds plunged and global markets struggled to find their footing on Thursday as the European Central Bank’s latest promise of stimulus provided only [...] » More
Asia stocks dive, dollar soars as ECB bazooka fails to ease fears
Asian equities sank again Thursday while the dollar surged as a European Central Bank plan to spend more than $800 billion to buy bonds failed to instil optimism in traders [...] » More
Eight brownfield clusters in HK could provide 20,000 flats within 10 years, government says
A total of 20,000 public housing flats could be built in Hong Kong within a decade by developing eight brownfield clusters in the New Territories, the government revealed on [...] » More
Adviser to HK on coronavirus pulls controversial column, apologises
An adviser to the Hong Kong government has withdrawn a column he co-authored in which he said it was acceptable to refer to the coronavirus as the “Wuhan [...] » More
HK managed to contain the virus, now it’s worried international travellers will bring it back
After months on the frontline of the coronavirus pandemic, Hong Kong increasingly looks like a model for how to handle it. Despite having numerous transport links with [...] » More
HK tycoon Li Ka-shing’s CK Infrastructure says Covid-19 induced ultra-low interest rates will pressure returns
CK Infrastructure, the infrastructure and energy flagship of Hong Kong tycoon Li Ka-shing’s business empire, said on Wednesday that “ultra-low” global [...] » More
Coronavirus: hotels offer 1,000 rooms for quarantine, as HK starts isolating new arrivals
At least eight hotels have offered about 1,000 rooms for travellers arriving in Hong Kong to stay in during mandatory quarantine, an industry representative said, as medical [...] » More
HK-listed sportswear maker Xtep reports rise in net profit, says ‘double-digit’ growth still possible in 2020
Hong Kong-listed mainland Chinese sportswear maker Xtep International Holdings said on Wednesday that the Covid-19 outbreak might lead to a price war in the short term, but [...] » More
