Archive for July 16th, 2020

Global Markets: Asian shares fall despite China GDP beat as Sino-U.S. tensions, virus fears weigh

16-Jul-2020 Intellasia | Reuters | 10:38 AM

Asian shares and U.S. stock futures fell on Thursday, weighed down by concern about deteriorating U.S.-China relations and the economic cost of a resurgence in coronavirus [...] » More

Asia stocks drop as virus spikes, China data fails to lift gloom

16-Jul-2020 Intellasia | AFP | 10:37 AM

Asian markets fell Thursday as investors fretted over fresh spikes in virus infections around the world and the reimposition of lockdowns, while forecast-busting economic [...] » More

China summons US ambassador, says US blocks its development

16-Jul-2020 Intellasia | WashingtonPost | 10:19 AM

China has accused the U.S. of seeking to obstruct its development with recent steps to sanction officials who undermine local autonomy in Hong Kong, summoning the U.S. [...] » More

New private home sales soar 104.9% in June 2020

16-Jul-2020 Intellasia | PropertyGuru | 10:13 AM

New private home sales surged after the lifting of the circuit breaker [...] » More

Singapore signals more stimulus may not help amid global risks

16-Jul-2020 Intellasia | Bloomberg | 10:02 AM

The biggest economic uncertainty Singapore faces is something it can’t control global demand for its goods and services and in that case, additional government stimulus may [...] » More

Singapore Airlines flags slow recovery in 2021, sees operating Q1 loss

16-Jul-2020 Intellasia | Reuters | 10:01 AM

Singapore Airlines Ltd on Wednesday flagged a hit to its revenue making ability in full-year 2021 on seeing a slower than expected recovery as the ongoing coronavirus crisis [...] » More

GE2020: 4,794 overseas voters cast their ballots – ELD

16-Jul-2020 Intellasia | Yahoo News Singapore | 9:59 AM

A total of 4,794 registered overseas voters had cast their ballots at the 2020 General Election (GE) at the designated polling stations abroad, the Elections Department said [...] » More

GE2020: Workers’ Party members witness counting of overseas ballots at ELD

16-Jul-2020 Intellasia | Yahoo News Singapore | 9:59 AM

A group of Workers’ Party (WP) members turned up at the Elections Department Training Centre at Victoria Street on Wednesday (15 July) to witness the counting of overseas [...] » More

Fauci bullish on prospects for U.S. vaccine, not worried about China winning race

Fauci bullish on prospects for U.S. vaccine, not worried about China winning race

16-Jul-2020 Intellasia | Reuters | 9:56 AM

The leading U.S. expert on infectious diseases, Dr. Anthony Fauci, predicted on Wednesday the country will meet its goal of a coronavirus vaccine by year’s end and was [...] » More

Pompeo expects ‘completely whitewashed’ WHO China investigation

16-Jul-2020 Intellasia | Reuters | 9:42 AM

US Secretary of State Mike Pompeo said on Wednesday he expected a World Health Organization (WHO) investigation into the origins of the novel coronavirus in China to be [...] » More

More countries waking up to Huawei threats, US says

16-Jul-2020 Intellasia | AFP | 9:41 AM

A growing number of countries are recognising the threat to data privacy from using mobile technology from the Chinese giant Huawei, and are likely to shun the company when [...] » More

US ups battle against Huawei as China tensions soar

16-Jul-2020 Intellasia | AFP | 9:40 AM

The United States on Wednesday cleared the way for sanctions on employees of telecom giant Huawei, expanding its pressure campaign on China, which summoned the US ambassador. [...] » More

Pompeo hopeful for ‘senior’ talks soon with N Korea

16-Jul-2020 Intellasia | AFP | 9:38 AM

US Secretary of State Mike Pompeo voiced hope Wednesday of holding high-level talks soon with North Korea and did not rule out a summit, a break with recent pessimistic signs [...] » More

WHO to Philippines: Shorten COVID testing time

16-Jul-2020 Intellasia | Phil Star | 7:15 AM

The World Health Organization (WHO) yesterday underscored the need to shorten the country’s turnaround time for coronavirus disease 2019 (COVID-19) testing, but this [...] » More

Asian markets mostly higher on hopes for coronavirus vaccine

16-Jul-2020 Intellasia | AP | 6:02 AM

Shares were mostly higher in Asia on Wednesday as investors were encouraged by news that an experimental COVID-19 vaccine under development by Moderna and the US National [...] » More