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BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, and all other Asian markets on Thursday. Share prices have been sinking as investors shift to cash as fears of a prolonged coronavirus-induced recession take hold. |
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TONDO (AFP) - Mary Grace Aves is terrified of the deadly coronavirus pandemic, but the best weapons to protect her family - isolation and sanitation - are unreachable luxuries in the Manila shantytown they call home. The same particularly dangerous set of threats loom over hundreds of millions.... |
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is a weekly newsletter from our Australia bureau. Sign up to get it by email. This week’s issue is written by Isabella Kwai , a reporter with the Australia bureau.
Days after returning from a long trip in Asia this month, I started feeling feverish. It was probably nothing, a post-trip flu — but.... |
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The coronavirus pandemic that is spreading across the world like wildfire has killed more than 8,000 people and infected over 200,000 people so far. Having originated in Wuhan of China , Covid-19 has affected countries in Asia and Europe most, with cases increasing as far away as the United States. |
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BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, and all other Asian markets on Thursday. Share prices have been sinking as investors shift to cash as fears of a prolonged coronavirus-induced recession take hold. |
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Joko also flagged the use of government owned hotels and the Asian Games athletes village to accommodate coronavirus patients. The Age and The Herald have spoken to multiple health professionals working across Indonesia who uniformly said the country's health system was already struggling to keep up with demand for services. |
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BANGKOK – Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, and all other Asian markets on Thursday. Share prices have been sinking as investors shift to cash as fears of a prolonged coronavirus-induced recession take hold. |
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The New Zealand dollar sank as much as five US cents over the past 24 hours as panic selling and a flight to the US dollar took fire with futures markets pointing to yet another sell-off on Wall Street. The kiwi was trading at 55.36 US cents at 5pm in Wellington, off the day's low at 54.68 cents, but down from 59. |
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New Zealand shares fell, with several companies hitting record lows, as investors grappled with the uncertainty of how long and deep the economic downturn will be as the pandemic continues to rattle financial markets. The S&P/NZX Index dropped 340.36 points, or 3.6 per cent, to 9,114.5. |
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BANGKOK. Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, and all other Asian markets on Thursday. Share prices have been sinking as investors shift to cash as fears of a prolonged coronavirus-induced recession take hold. |
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President Moon Jae-in on Thursday pledged 50 trillion won ($39 billion) in emergency financing for small businesses and other stimulus measures to prop up the country's coronavirus-hit economy. The package is the latest in a string of steps Seoul has taken in recent days to curb pressure on Asia's.... |
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On Wednesday, President Donald Trump signed an aid package, approved earlier Wednesday by the Senate, to guarantee sick leave to workers who fall ill. Trump's authority under the 70-year-old Defense Production Act gives the government more power to steer production by private companies and try to.... |
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Economic growth across the South-East Asia region is expected to slow to 4.2% in 2020, as the novel coronavirus (COVID-19) outbreak continues to weigh on tourism, disrupt regional supply chains and dampen household spending. This is according to the latest Economic Update: South-East Asia report from chartered accountancy body ICAEW. |
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By Nai Lun Tan and Ben Otto. Stock markets across Southeast Asia suffered a grueling start Thursday, as skittish investors dumped shares across sectors on worries that a global recession is likely imminent due to the coronavirus pandemic. The Philippines stock market, which opened for business after.... |
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The coronavirus epidemic continues to disrupt life across the world. The disruption is all but gathering steam in affected even virus-free African countries. The rate of infection is lower on the continent as compared to Europe, Asia and parts of the Americas, where lockdowns are in place. |
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Australia's S&P ASX/200 declined 3.3% to 4,791.50 after the central bank announced it was cutting its policy rate by 0.25 percentage point to a record low 0.25%, among other measures. “It's amazing how desensitized we've become to central banks' dropping huge numbers and massive amounts of cash in.... |
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By Nai Lun Tan and Ben Otto Stock markets across Southeast Asia suffered a grueling start Thursday, as skittish investors dumped shares across sectors on worries that a global recession is likely imminent due to the coronavirus pandemic. The Philippines stock market, which opened for business after.... |
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"It may be possible (to isolate) in other areas because they are rich. They have big spaces," said Aves, a mother of four. "Here we are crammed." "If you run into somebody on the way out of the house you will touch," the 23-year-old said from her closet-sized home in Manila's Tondo district. |
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The dollar resumed its relentless climb against major currencies on Thursday as wild financial market volatility and worries over tightening liquidity triggered by the coronavirus pandemic sparked an investor flight into cash.
Sterling teetered near the lowest since at least 1985 against the greenback. |
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Mary Grace Aves is terrified of the deadly coronavirus pandemic, but the best weapons to protect her family -- isolation and sanitation -- are unreachable luxuries in the Manila shantytown they call home. The same particularly dangerous set of threats loom over hundreds of millions packed into.... |
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Throughout Wednesday (March 18), China witnessed no new domestic cases of Covid-19 infection. This is no small feat for the Asian nation, where the disease first originated in late December and reported 80,894 cases along with 3,237 fatalities. According to the WHO, the epicenter of the disease.... |
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BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early trading Thursday. Investors are in search of cash as fears of a prolonged coronavirus-induced recession take hold. |
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The World Health Organisation (WHO) called for “aggressive” action in South-east Asia to combat the fast-spreading coronavirus, warning on Tuesday that some countries were heading towards community transmission of the deadly disease. Infections have soared across the region in recent weeks, forcing.... |
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BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, and all other Asian markets on Thursday. Share prices have been sinking as investors shift to cash as fears of a prolonged coronavirus-induced recession take hold. |
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with the COVID-19 pandemic showing no signs of abating, thousands of Vietnamese citizens are rushing home. An estimated 6,000 Vietnamese living or studying in Southeast Asia and a further 1,000 from European countries were expected to land in airports across the country on March 18, according to the Civil Aviation Administration of Vietnam. |
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