Tax holiday pushed for medical front-liners in virus fight
Health-care workers on the front line of the fight against the coronavirus pandemic should be exempt from paying taxes for two months as a reward for their contributions, a lawmaker…
Airbus says virus aviation crisis still at ‘early stage’
In this June 18, 2015, file photo, vapor forms across the wings of an Airbus A380 as it performs a demonstration flight at the Paris Air Show, Le Bourget airport,…
S. Korean economy shrinks 1.4% in Q1 amid virus fallout, sharpest contraction since 2008
SEOUL — South Korea’s economy shrank 1.4 percent on-quarter in the first quarter of this year, as the coronavirus pandemic crippled industrial output, consumer spending and job markets, the Bank…
PSEi nears 6,000, but fresh virus attack may cause retreat
The local stock barometer extended its gains for the third session on Wednesday, moving closer to the 6,000 barrier in line with the overnight equities rally in the United States.…
Stocks fall as investors brace for earnings hit from virus
Stocks fell on Wall Street Monday, erasing some of the market’s big gains from last week, as investors braced for a sobering first look at how the coronavirus pandemic has…
Digital economy growth gives push to virus fight
Developments in the digital economy arising from China’s anti-coronavirus fight are set to accelerate the country’s economic transformation. Photo by Cai Meng/China Daily/Asia News Network BEIJING — Developments in the…
Bunnies to the rescue as virus hits Belgian chocolatiers
Chocolate rabbits with face masks are lined up at the Cocoatree chocolate shop in Lonzee, Belgium. Image: AP/Virginia Mayo SINT-PIETERS BRUGGE, Belgium—Master chocolatier Dominique Persoone stood forlorn on his huge…
Virus outbreak delivers tech darlings a harsh reality check
AP Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together. Since the beginning of…
Asian shares rise, echoing Wall St optimism on virus battle
TOKYO — Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing. People wearing face masks stand…
Wall Street leaps 7%, markets rally worldwide on virus hopes
NEW YORK — Investors grabbed hold of a few glimmers of hope Monday that the coronavirus pandemic could be slowing and sent stocks surging in a worldwide rally, capped by…