Saturday, 18 May 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

Discordant notes in a 4-minute song: Inquirer

MANILA (PHILIPPINE DAILY INQUIRER/ASIA NEWS NETWORK) – For sure, nobody’s singing this song anytime soon in any karaoke bar even after the enhanced community quarantine. Iisang Dagat (One Sea), a song “dedicated to those (who) contributed to the fight against Covid-19, with special thanks to the China Medical Expert Team,” according to Chinese Foreign Ministry […]

Travel demand surges after Beijing lowers local coronavirus emergency level

BEIJING (BLOOMBERG) – Sales of plane tickets leaving Beijing surged shortly after the local government announced it will lower its municipal emergency response to the coronavirus outbreak to the second-highest level, from the highest level now. As the Chinese capital prepares to host the nation’s highest-profile political meeting next month, the city will relax quarantine […]

Behind the mask of China's virus diplomacy

The team of eight Chinese coronavirus experts waved flags and gave the thumbs up when they arrived in Kuala Lumpur on April 19. If not for the masks they were wearing, the cameras would probably have caught their wide grins. Such is the face of Beijing’s “mask diplomacy” or “virus diplomacy” that has seen medical […]

U.S. Treasury chief says reserving capital to add to Fed coronavirus lending programs

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday he is keeping some $259 billion worth of coronavirus aid capital in reserve for new or expanded Federal Reserve Lending programs, but is not considering further aid to airlines at the moment. Mnuchin told reporters during a video news briefing that all of the […]

Evening Update: Today's headlines from The Straits Times on April 29

Good evening! Catch up on some of the main headlines on Wednesday, April 29. 690 new coronavirus cases take Singapore tally past 15,000 mark Six Singaporeans and permanent residents are among the new patients. READ MORE HERE Singtel, joint StarHub-M1 venture win licences to build two nationwide 5G networks  More than half of Singapore will […]

The BoE's mission impossible – predicting the scale of a COVID recession

LONDON (Reuters) – The Bank of England faces the nearly impossible task of putting numbers on the scale of the coronavirus recession next week, when it must also decide whether to expand its already huge 645 billion pound bond-buying programme. First and foremost, the BoE is waiting for Prime Minister Boris Johnson to decide when […]

European shares flat as defensives offset upbeat earnings

(Reuters) – European shares struggled to maintain early gains on Wednesday, as a slide in defensive stocks countered upbeat forecasts from German automakers and sensor specialist AMS as well as a bounce in oil prices. The pan-European STOXX 600 rose as much as 0.3% but turned flat as healthcare .SXDP, technology .SX8P and personal & […]