Business

Asian markets fall on coronavirus impact woes

  HONG KONG, China (AFP) -- Markets across the Asia-Pacific were in the red on Monday with investors worried about…

Hong Kong Airlines to lay off 400 staff as virus hits city

    HONG KONG, China (AFP) -- Hong Kong Airlines said Friday it has been forced to slash hundreds of…

Asian markets turn negative after healthy week, eyes on virus

HONG KONG, China (AFP) -- Asian markets fell Friday after a week-long rally as investors take profits and assess developments…

Nokia recovers in Q4 but cautious on outlook

HELSINKI, Finland (AFP) -- Finnish telecom equipment provider Nokia beat expectations in a "challenging" 2019 as a strong fourth quarter…

Staff making iPhones in central China plant to be quarantined

  TAIPEI, Taiwan (AFP) -- Workers making iPhones at tech giant Foxconn's plant in central China will be quarantined for…

Virus highlights OPEC reliance on Chinese oil demand

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- Fears of an economic slowdown, fuelled by the coronavirus slashing output in…

Asian markets track Wall St surge as data trumps virus fear

HONG KONG, China (AFP) -- Asian markets rallied again Thursday despite China's virus claiming hundreds of lives and infecting tens…

Hong Kong airline Cathay Pacific asks all staff to take unpaid leave

  HONG KONG, China (AFP) -- Hong Kong's flagship carrier Cathay Pacific is asking its entire workforce to take up…

Chinese stocks crash as viral panic infects markets

  by Dan Martin / LAN Lianchao Agence France Presse Chinese stocks collapsed Monday with Shanghai's index posting its biggest…

Hong Kong economy shrinks for first time in a decade

HONG Kong, China (AFP) -- Hong Kong confirmed Monday it plunged into recession in 2019, suffering its first annual contraction…

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