Asian stocks skid as new coronavirus cases rattle markets
BANGKOK — Shares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two…
Coronavirus outbreak in Beijing takes a bite out of F&B industry
A waitress standing in a near-empty restaurant amid a wave of new Covid-19 cases in Beijing on June 20, 2020. EPA-EFE via The Straits Times/Asia News Network BEIJING — On…
Global stocks mixed as WHO warns of worsening coronavirus
A pedestrian walks past an electronic quotation board displaying share prices of the Tokyo Stock Exchange in Tokyo on June 16, 2020. – Tokyo stocks opened sharply higher on June…
Asian stocks mixed amid concern over coronavirus hotspots
BEIJING — Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.…
Coronavirus: Asia not yet ready to work from home
Most firms are resorting to flexible work schedules so that at least half the staff can stay working from home. AFP via The Straits Times/Asia News Network MANILA, Philippines —…
Coronavirus: Empty shelves in food-rich Australia raise questions about supply chains
Shelves usually stocked with toilet rolls are seen empty in a supermarket following panic buying in Sydney on March 8, 2020. – AFP SYDNEY — Australia’s vast swathes of farmland…
Indonesia’s unicorns, start-ups join forces to produce coronavirus test kits locally
The move to produce test kits locally is to reduce reliance on imports. AFP via The Straits Times/Asia News Network JAKARTA — Indonesia’s unicorns and start-ups have joined forces to…
A US recession began in February in the face of coronavirus
A woman walks into a closing Gordmans store on Thursday in St. Charles, Missouri. Stage Stores, which owns Gordmans, is closing all its stores and has filed for bankruptcy. (AP)…
Sri Lanka to reopen for tourism in August, with multiple coronavirus tests
Tsunami Statue at sunrise, Sri Lanka. Image: ffilipovich/IStock.com via AFP Sri Lanka’s virus-battered tourism industry can reopen for foreign guests from August but under strict guidelines, including multiple coronavirus tests…
UK think tank: New coronavirus infections rising in PH after lockdown eased
Economic recovery in the Philippines and three other countries in Asia is seen to lag behind their neighbors as they continue to struggle to contain the spread of SARS Cov2,…