The next two weeks will be crucial in determining the economic impact of the coronavirus, says International Monetary Fund (IMF) Managing Director Kristalina Georgieva. In that time, factories are due to re-open in China, which would give a “better understanding on the resilience of China and on that basis, the spillover for the rest of […]
Tag: Asia Economy
Global oil demand outlook slashed, Chinese Grand Prix postponed
A woman wearing a mask is seen as the country is hit by an outbreak of the novel coronavirus in Shanghai, China February 10, 2020. Aly Song | Reuters This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 45,000Total deaths: At least […]
WeWork closes 100 buildings, UK confirms new cases
This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 40,000 Total deaths: At least 910 9 am:Â Inflation in China runs rampant because of the outbreak Inflation in China hit its highest level in more than eight years last month as the outbreak […]
China calls for reasonable use of gear, death toll rises
People wearing protective face masks walk inside a mall in Shanghai on February 8, 2020. Noel Celis | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 7:28 pm: China pledges more than $10 billion to fight virus All levels of China’s government […]
US citizen dies in Wuhan
A local pharmacy in Singapore ran out stocks of masks, hand sanitisers, and thermometers amid fear of the Wuhan coronavirus outbreak. There are 18 confirmed cases of Wuhan coronavirus in Singapore as of February 3, 2020, as reported by the country’s Ministry of Health (MOH). SOPA Images This is a live blog. Please check back […]
More stores in China close, Trump heaps praise on Xi
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 31,000 as of Friday morning.Total deaths: At least 636 worldwide as of Friday morning 8:39 am Canada Goose says travel restrictions are hurting sales 8:15 am: Uber CEO Dara Khosrowshahi says outbreak is not […]
Tesla closes stores, Olympics organize task force
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 28,000 as of Thursday morning.Total deaths: At least 565 worldwide as of Thursday morning 9:02 am:Â Yum Brands shares drop as CEO comments on coronavirus hit Yum Brands, the owner of Taco Bell, KFC […]
WHO says there are ‘no known’ treatments, ECB chief says outbreak fuels economic uncertainty
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 24,000 as of Wednesday morning.Total deaths: At least 490 worldwide as of Wednesday morning. 8 am: ECB chief says outbreak ‘adds a new layer of uncertainty’ to global growth The president of the European […]
Philippines reports death; countries suspend China flights
Chinese police wear protective masks as they stand guard on a main road on January 31, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. All times below in Beijing time. 9:31 pm: Plane evacuating French and European nationals lands in Wuhan A plane repatriating […]
China’s death toll, confirmed cases
This is a live blog. Please check back for updates. All times below in Beijing time. 7:40 pm: China cancels tariffs on some virus prevention materials imported from United States China will suspend retaliatory tariffs on products from the United States that can be used to combat the coronavirus outbreak in China, according to the […]
