ADB warns global cost of virus could top $4 trillion
MANILA, Philippines — The COVID-19 pandemic could cost the global economy $4.1 trillion as it ravages the United States, Europe, and other major economies, the Asian Development Bank (ADB) warned…
In preparedness vs virus, vulnerable PH at bottom with India
The Philippines is near the bottom in terms of health care spending among 20 emerging markets ranked according to their preparedness vis-a-vis the new coronavirus disease (COVID-19), but the country’s…
Asian stocks mixed as economic toll of virus worsens
BEIJING — Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of…
Stocks skid as physical, economic toll of virus worsens
NEW YORK — Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say…
Asian stocks fall on lagging worries about virus, recession
TOKYO — Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. A woman…
Stocks extend losses, oil trades below $20 on virus impact
A man walks by an electronic stock board of a securities firm in Tokyo, Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging…
Int’l tourism to plunge up to 30% due to virus
Image: narvikk/IStock.com via AFP Relaxnews The number of international tourist arrivals will fall by 20 to 30% in 2020 due to the novel coronavirus, putting millions of jobs at risk,…